Public Sector Mortgages in Ireland

If you work in the public sector, Advice First Financial can offer you a mortgage which has been specifically designed for you.

The Public Sector Mortgages Ireland, which are provided by ICS Mortgages & Finance Ireland, are designed for First-time buyers, Second-time buyers and those switching from another lender and possibly releasing equity in their home.

On a joint application, only one applicant needs to be a public sector worker to avail of this offer.

Advice First Financial Advisors Letterkenny Team

Key Qualifying Criteria For Public Sector Mortgages in Ireland

  • All properties must be in the Republic of Ireland
  • They house must be used as your Principal Dwelling Houses, that is, it must be your home.
  • You must have the required permissions to reside and work in Ireland
  • A full valuation of each property is required
  • Security, buildings insurance and life cover are required
  • Minimum age of applicants is 18 years and maximum age on maturity on the loan is 70 years
  • You must have a proven repayment capacity to meet stress test repayments

Please Note

These mortgages are not available for self-builds.


Key Features of Public Sector Mortgages in Ireland

Your basic income will be considered to be two points up your current pay scale. Provided you are not on the point of your scale.

public sector mortgages advice first letterkennyOn variable income the following will apply
Overtime: Up to 100% of regular overtime earned may be factored into our assessment if your employer confirms it is regular on your salary certificate.

Allowances: 100% of contractual allowances will be factored in if your employer confirms it is guaranteed and is evident on the most recent Employment Detail Summary and on target income for current tax year

Recently Promoted

Employees who are promoted within the Civil Service on a one year ‘probationary’ period will be considered.

New entrants

New entrants to the Civil/ Public service who are subject to any probationary period will be reviewed on a case-by-case basis. Your previous employment history will be required to establish your experience and suitability for their new position. 

The detail of what is available


A range of variable & fixed rates are available.

An overpay facility – you can pay an additional 20% off the loan amount in any 12-month period without penalty whether you are on a fixed or variable rate. This will reduce your mortgage term and the amount of interest you pay.

Public Sector Mortgage Letterkenny, Donegal

Do you work in the public sector and are considering buying a home? Buying a house is an exciting and emotional journey, filled with both joy and stress. As you embark on this journey, you may be overwhelmed with the many decisions and financial considerations involved in securing a mortgage. 

Our goal is to help you find the right mortgage solution that meets your unique needs, while also providing a sense of comfort and security as you make this important investment in your future.

Public Sector Mortgages Donegal Diverse Professionals

Public-sector mortgages include the following:

Higher lending amount: Max lending amount can be based on 2 points up on the pay scale. 

Competitive interest rates: Public sector mortgages offer competitive interest rates.

Flexible repayment terms: Public sector mortgages often offer more flexible repayment terms to accommodate the unique financial situations of public sector employees.


It’s worth noting that the specific terms and conditions of a public sector mortgage can vary depending on the lender and the borrower’s individual circumstances. It’s important to carefully review and compare different options before choosing a mortgage product.

Is it faster & easier for civil servants in Ireland to avail of a mortgage?

Civil servants in Ireland may have an easier time obtaining a mortgage if they meet the eligibility criteria for a mortgage as set by the Central Bank of Ireland.

Public Sector Mortgage Scheme Letterkenny, Donegal

The public sector mortgages are designed to help eligible public sector workers, including civil servants, teachers, and health sector employees, purchase their own homes.

Under this scheme, eligible applicants can apply for a mortgage with participating lenders at competitive interest rates.

To be eligible for the public sector mortgage, applicants must meet all the normal mortgage lending criteria, including having a permanent public sector contract, be a first-time buyer, moving home or re-mortgaging your existing family home. Applicants must also meet all the normal income and affordability requirements.

Public Sector Mortgage are provided by a select number of lending in Ireland, give us a call for further information.

Requirements when applying for a Mortgage in Ireland

When applying for a mortgage in Ireland, lenders typically require the following documentation:

Proof of identity:

A valid passport or driver’s license.

Proof of income:

Payslips, tax returns, and bank statements.

Proof of employment:

A salary cert completed by the employer verifying employment status and salary.

Evidence of deposit:

Bank statements or other documentation showing the source of the deposit.

Existing loans:

Info on any existing loans.

Public Sector Mortgage Application Process in Donegal

The application process for a public sector mortgage in Ireland typically involves the following steps:

Determine eligibility: 

Before applying for a public sector mortgage, applicants must ensure they meet the eligibility criteria, which includes being a permanent public sector employee,

and meeting certain income and affordability requirements.

Find a participating lender: 

Public sector mortgages are available through 2 participating lenders, which. Applicants should research these 2 lenders and compare rates and terms to find the best option.

Gather documentation: 

Applicants will need to provide documentation to support their mortgage application, including proof of identity, income, and employment, as well as evidence of deposit and details of the property they wish to purchase, if they have found the property.

Submit application: 

Applicants will need to complete an application form and submit it, along with the required documentation, to the chosen lender. Your Mortgage Broker will submit the application.


The lender will assess the application and conduct a credit check and affordability assessment. If the application is approved, the lender will issue a mortgage offer.

Legal process:

Once the mortgage offer is accepted, the legal process will begin, including property valuation, conveyancing, and signing the mortgage agreement.


Once all legal requirements are met, the mortgage funds will be released to complete the purchase.

It’s important to note that the application process can vary depending on the lender and individual circumstances. It’s important to work closely with your mortgage broker throughout the process.

Should you hire a Public Sector Mortgage Broker in Letterkenny, Donegal?

Hiring a public sector mortgage broker in Ireland can be a good idea if you want to explore all your options and get expert advice on the best mortgage products and lenders for your needs.

A public sector mortgage broker can provide you with:

Expert advice: 

A broker can provide you with expert advice on the different mortgage products and lenders available, and help you choose the best option for your needs.

Access to more options: 

A broker can access a wider range of mortgage products and lenders than you may be able to on your own, including specialist public sector mortgages that are not widely advertised.

Help with paperwork: 

A broker can help you with the paperwork and application process, making it easier and less stressful for you.

Negotiating power: 

A broker may have more negotiating power with lenders than an individual borrower, which can help you get a better deal.

Saving time: 

A broker can save you time by doing the research and shopping around for you, so you don’t have to spend hours comparing different mortgage products and lenders.

Overall, a public sector mortgage broker can help you save time, money, and stress by providing expert advice, access to multiple lenders, and customized solutions to help you find the best possible mortgage product for your individual needs.

You should carefully consider the benefits of hiring a broker and do your own research to ensure that the broker you choose is reputable and has a good track record.

Public Sector Mortgage Breaks

Customers can apply for a 3-month break from their mortgage up to 3 times throughout their mortgage term. This is to give a little breathing space during certain life events such as the birth of a child, and medical or educational expenses.
The mortgage must be drawn down for at least 12 months before applying for a mortgage break.

If you are a Public Sector employee, please contact us and we would be delighted to give you further details of this attractive mortgage package.

Your dream of owning your own home could be closer than you think.

Interested in a Public Sector Mortgage? Call us today in Letterkenny on 074 910 3938



In accordance with the provisions of the Consumer Credit Act 1995, the following are for your attention:


Note: The above notice in respect of adjustments to repayment rates will not apply during any period when the loan is at a fixed rate.


In accordance with the provision of the Consumer Protection Code (CPC) 2012 the following are for your attention:


The following warning applies in the case of variable rate loans:



The following warning applies in the case of fixed rate loans:



The following warning applies in the case of debt consolidation loans:


Get Advice

Talk to us now and make an appointment with one of our Letterkenny team of QFAs. We are here to help with your Financial Planning Concerns. Ask us questions on Retirement & Pension, Life Insurance & Protection, Mortgages, and Investment Advice. Get in touch here or give us a call at 074 91 03938.

Financial Services firms in Ireland are regulated by the Central Bank.

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Mortgage Services

Mortgage Service and Fee Agreement Donegal

Mortgage Service & Fee Agreement

Your personal mortgage advisor from Advice First Financial can add significant value to your financial situation.

Mortgage Service & Fee Agreement >>

Mortgage Protection Donegal

Mortgage Protection

Mortgage Protection Insurance pays your mortgage when you are not able to work through accident or illness

Mortgage Protection >>


Mortgage Application

Lenders need certain information, sent to them in a particular order. Talk to us about how to make your application.

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Online Mortgage Calculator

This calculator shows you what your monthly repayments would be for a mortgage, depending on the amount you borrow, how long you want the mortgage to last and the rate you pay. The results are estimates only and may differ slightly from some financial institutions, as interest may be calculated in a slightly different way. Check with your provider to see what your repayments would be before applying for a mortgage. Our mortgages section has lots more information on getting a mortgage.

What some of our happy Help to Buy Scheme customers have to say…


Pascal has been great at sorting us out with a mortgage. He’s knowledgeable and it’s better to have someone impartial on your side when you’re making a bit financial commitment. Couldn’t recommend enough.

Kieran McGee

Thankfully I was referred to Pascal at Advice First at a time when I was having difficulties securing my first time mortgage. Pascal and the team provided me with a wealth of information about mortgages, insurances etc. Such an invaluable service and I would highly recommend them to anyone out there looking for a mortgage. They took away all the worry about applying to banks and were always on hand to answer any questions I had about insurance, income protection and mortgages. Needless to say I also saved money by switching my income protection policy. I couldn’t recommend Pascal and his team highly enough.

Marnie Grier

Last year I had the good fortune of being referred to Pascal and his team at Advice First Financial Services in letterkenny when I was looking to applying for a mortgage. Pascal is a wealth of knowledge and I was impressed from the word go by his professionalism. Pascal was able to explain all the information to us in a clear and concise manner and he always checked to ensured that it was being fully understood. I found Advice First to be excellent communicators when engaging with their clients and all questions that we had (of which there were many) were answered promptly. I can honestly say that Pascal and his team were a dream to work with and I would highly recommend them to anyone looking for financial advice.

Cormac Mc Clafferty

I would highly recommend Pascal. He was a great help with getting our mortgage, insurance etc. sorted for our build. With the stress that can be involved in building or a purchase, this is definitely the best money you can spend.

Grainne Sheils

I would highly recommend Pascal. He was a great help with getting our mortgage, insurance etc. sorted for our build. With the stress that can be involved in building or a purchase, this is definitely the best money you can spend.

Matthew Havlin

We have been dealing with Pascal at Advice First since 2005. He has helped us so much through the years with our mortgage, Life Insurance, Income Protection and financial guidance. Pascal is so kind and explains everything so well. His attention to detail is second to none and always on hand if we need advice. I would highly recommend Advice First Financial Services. Caroline & Gary McLaughlin.

Caroline McLaughlin

Highly recommend advice first Pascal was so helpful and kind took all the stress and hassle out of the mortgage process! Would 100% recommend to anyone looking for advice!

Toni Donnell

Quite simply, I would have given up trying to get a mortgage without Pascal’s help. The banks put every obstacle they had in our way, but Pascal smoothed the path for us. We are now happily settled in our own home. Thanks Pascal!!!!! For everything

James Burgess

I had a 5 star experience with these guys. I went looking for help with a getting mortgage approved, and here I am, in my own home. I was also facing issues with getting mortgage protection, but that was no problem to Advice First! I would recommend anyone starting on their mortgage journey to give these guys a call…you won’t regret it!

Celine Furey

Pascal and the team at Advice First have literally changed my life – I was guided through the whole mortgage process from the very first initial meeting, with positive support and encouragement. Highly recommend Advice First for all financial needs!

Jane Donnellan

Frequently Asked Questions About Mortgages for Public Sector

Do public sector or civil servants in Ireland get better mortgages?

Public Sector and Civil servants in Ireland may be able to obtain more favorable mortgage terms and conditions with the couple of lenders who provide public sector mortgages, but this will depend on their individual circumstances and eligibility for the mortgage. Other mortgage products may offer competitive rates and terms, and it’s important to compare different options to find the best mortgage for your needs.


Is it easier for civil servants & public sectors in Ireland to get a mortgage?

Public sectors or Civil servants in Ireland may have an easier time obtaining a mortgage in Ireland,  if they meet the usual mortgage eligibility criteria. There are a couple of lenders in Ireland who offer a higher lending amount to Public Sector Employees. 


What are the requirements when applying for a public sector mortgage Ireland?

When applying for a mortgage in Ireland, lenders typically require the following documentation:


  • Proof of identity: A valid passport or driver’s license.
  • Proof of income: Payslips, tax returns, and bank statements.
  • Proof of employment: You employer will complete a salary cert confirm the information of your employment.
  • Evidence of deposit: Bank statements or other documentation showing the source of the deposit.
  • Details of the property: A valuation report, proof of ownership, and details of any existing mortgages or loans on the property.

What exactly is a mortgage?

A mortgage is simply a long-term loan that’s used to pay for a house.

How do I start the application process?

There are a number of easy ways to begin your application:
Get in touch with a mortgage broker, who will do all the work for you or get in touch with the lenders directly. Obviously, we would recommend the mortgage broker route as they will shop around all the lender and provide you with the best options for you. I would suggest dealing with a fee-based broker though. If the broker is not charging a fee, then they will only deal with lender who pay them a commission, which means you only get options from a select number of lenders rather than the entire market.

Here are some tips on getting mortgage ready

What’s a fixed rate mortgage?

With a fixed rate mortgage, your interest rate and monthly repayments are fixed for a set time as agreed between you and the lender. You can choose the best time frame for you.

Although a fixed rate means your repayments cannot increase for a set period of time, your repayments will not fall during the fixed rate period. As a result, you could miss out on lower interest rates and lower repayments. Fixed rates may cost more over the long run, but they offer peace of mind as you know your repayments will not rise during the fixed rate period.

We would recommend speaking with a mortgage broker though, you can discuss all rate options and they will help you decided whether a variable rate fixed rate is right for you. They will also be able to do market research for you on the best rates available for you.

What’s a variable rate mortgage?

Variable rates offer the most flexibility. They allow you to increase your repayments, use a lump sum to pay off all or part of your mortgage or re-mortgage without having to pay any fixed rate breakage fees.

However, because variable rates can rise and fall, your mortgage repayments can go up or down during the term of your loan.

How much will my repayments be every month?

Your repayments will depend on how much you borrow, the term or length of your mortgage as well as the interest rate that you’re charged. See this handy online Mortgage Calculator for an indication of how much your monthly repayments might be. We would recommend speaking with a mortgage broker though, you can discuss all rate options and they will help you decided whether a variable rate fixed rate is right for you. They will also be able to do market research for you on the best rates available for you.

What’s the minimum amount I can borrow?

The minimum loan amount you can borrow for a mortgage approx. €40,000. The minimum loan amount for a top-up, can also be called a further advance, is €25,000.

What’s the maximum amount I can borrow?

When giving you a mortgage, lenders use different criteria to decide how much they are willing to lend you and they must follow specific Central Bank of Ireland rules when doing this.

The Central Bank of Ireland’s rules apply limits to the amount that lenders in the Irish market can lend to mortgage applicants. These limits apply loan-to-income (LTI) ratios and the loan-to-value (LTV) ratios for both family homes and buy-to-let properties and are in addition to the lenders’ individual credit policies and conditions. For example, a lender may have a limit to the percentage of your take home pay that can be used for mortgage repayments.

How long will my mortgage last for?

Every mortgage has a life span or term. The minimum term would be 5 years and you could also possibly qualify for the maximum term possible which is 35 years. For a family home the maximum term of the mortgage is determined by your age. The maximum to have the loan repaid is age 68 with some lenders and age 70 with others. For Buy to Let mortgages have a maximum term of 25 years.

A shorter term means you’ll pay your mortgage off quicker, but it also means your monthly repayments will be higher. It is good advice to clear your debts, including your mortgage, as quickly as you can, it is also important to have a life and have to money to do all the other things in life that are important. So, striking the right balance is very important.

What documents do I need to make a mortgage application?

You will need certain documents when you apply for a mortgage, and you should keep a copy of anything you give to a lender or broker.

Proof of ID, proof of address and proof of your Personal Public Service Number (PPSN)

Proof of income: latest P60, payslips, certified accounts if self-employed

Evidence of how you manage your money such as current and loan account statements for the last three to 12 months, depending on the lender

Her is Permanent TSB’s full list of documents required here.
Her is AIB’s full list of documents required here.
You can see that the lists are very similar, which is the same with all other lenders.
These lists will not be complete for everybody as they do not take account of your individual circumstances.

What’s a loan-to-value (LTV) ratio?

LTV, or loan-to-value, is all about how much mortgage you have in relation to how much your property is worth. It’s normally a percentage figure that reflects the percentage of your property that is mortgaged, and the amount that is yours (the amount you own is usually called your equity).

For example, if you have a mortgage of €150,000 on a house that’s worth €200,000 you have a loan-to-value of 75% – therefore you have €50,000 as equity.
So, the lenders set LTV limits, which means you need to have a deposit of a certain amount before you can get a mortgage. There are different limits in place depending on what category of buyer you are.

  • First-time buyers need to have at least a 10% deposit
  • Second and subsequent buyers need to have at least a 20% deposit
  • Buy-to-let buyers need to have at least 30% deposit

Lenders have a limited amount of discretion when it comes to these limits and in a calendar, year can make exceptions for:

  • 5% of the value of mortgages for first-time buyers
  • 20% of the value of mortgages to second and subsequent buyers
  • 10% of the value of buy-to-let mortgages

These rules don’t apply to switcher mortgages and housing loans for restructuring mortgages that are in arrears and pre-arrears.

What is the Loan to income limits?

A limit of 3.5 times your gross annual income applies to applications for a mortgage for a family home. This limit also applies to those in negative equity applying for a mortgage for a new property, but not those borrowing for a buy-to-let property.

Lenders have a certain amount of discretion when it comes to mortgage applications. For first-time buyers, 20% of the value of mortgages a lender approves can be above this limit and for second and subsequent buyers 10% of the value of those mortgages can be above this limit.

How much can you afford to borrow?

When making a mortgage application it can be tempting to apply for the maximum amount possible. However, you need to make sure you will be able to cope with future events such as an increase in interest rates, having children, redundancy or illness.

You can use this budget planner to work out what you can afford to repay each month and make sure to include a regular amount for ‘unforeseen expenses’. You can use our mortgage calculator to see how much your monthly mortgage repayments would be.

If you have other loans or debt, your lender may offer you a lower amount, ask that you pay off these loans or refuse your application.

The shorter the term of your mortgage, the higher your monthly repayments, but you will pay less interest in total. With a longer-term mortgage your monthly repayments will be lower, but you will pay more in interest over the lifetime of the loan.


€200,000 20 years 3% €1,109 €66,206
€200,000 25 years 3% €948 €84,526
€200,000 30 years 3% €843 €103,554
Difference in cost of credit between 20- and 30-year terms €37,348

Even a small difference in interest rates can have a big impact on the overall cost of a mortgage.

€200,000 20 years 3% €1,109 €66,206
€200,000 20 years 2.5% €1,059 €54,353
Difference in cost of credit between interest rates €11,853

When you apply for your mortgage, and over its lifetime, it is important to get the lowest rate possible as it can lead to significant savings.

As well as mortgage repayments there are other costs to consider when it comes to buying a home

What are the other Mortgage fees and charges?

When buying a property, or switching your mortgage, it is not just your regular mortgage repayments you need to think about. There are a number of other costs involved which you should be aware of and ask your lender about. Some of these can be reduced or avoided by shopping around.

They include:

  • Brokers’ fees – some brokers charge a fee to arrange your mortgage or for mortgage advice. This might be a percentage of the mortgage amount or a flat fee. Not all brokers charge a fee so if you are planning to use a broker it is important to ask about this and to shop around. If a broker is not charging a fee, check with them what lenders they advise on. They may only work with lenders who pay them commission and you may not get a full market comparison.
  • Estate agent fees – if you are selling a property and using an estate agent you will have to pay a fee for this service. It is usually between 1% and 2.5% but can also be a flat rate.
  • Solicitor’s fees – to look after the legal aspects of your mortgage a solicitor will charge a flat fee or a percentage of the mortgage amount, typically 1% to 2%. It is worth shopping around a few solicitors.
  • Valuation fee – this is paid to a professional valuer to estimate a property’s market value and is required by the lender as part of your mortgage application. A valuation is valid for a short period of time, typically four months. You will need to get an up-to-date valuation of your property if you want to switch mortgage. Valuation fees typically run between €150 and €185.
  • Structural survey fee – a structural survey is done to find out the condition of a property. If any issues arose during the valuation of the property or it is very old, your lender may insist on a structural survey. Even if your lender does not require it, you may want to get a survey anyway to be sure there are no problems with the building. The amount you will pay can be dependent on the type, age and location of the property. It is not always a requirement for the lender, but it is always recommended to have a structural survey done for your own peace of mind.
  • Stamp duty – this is a tax payable on documents when you transfer ownership of a property. For residential property it is charged at 1% of the property value up to €1 million and 2% for anything above that.
  • Local Property Tax – this tax, collected by Revenue, is charged on all residential properties and came into effect in 2013. It is a self-assessment tax, and you calculate what is due based on your own assessment of the market value of your property. It can be paid in a lump sum or spread out over the year.

You should take the above into account when you are working out how much you will be able to borrow.

What is the stamp duty payable on mortgages?

Stamp duty is payable at 1% on properties up to the value of €1 million euro and 2% on properties over this amount.

What are lenders' normal lending criteria for a mortgage?

Every lender will look at various criteria before deciding whether to approve a mortgage. Some of the main factors that are taken into account are:

  • A good credit history.
  • Being aged 18 or over.
  • Age not greater than 70 at the end of the mortgage term. With some lender this age is 68.
  • Ability to repay – as a guide mortgage repayment on all loans including your mortgage should not exceed 35% of your net income
  • Secure employment.
  • Continuous employment at least 12years.
  • Self-employment for at least 2 years, some lenders require 3 years.
  • Good bank account management

With all lenders the primary focus is on your repayment capacity.

How much of a deposit do I need?

All lenders must follow Central bank deposit rules, which require a 10% deposit for first time buyers. So, if the value of your property is €200,000, you’d need a deposit of €20,000. This deposit can come by way of a gift, or part gifted, if you are lucky enough to have some-one willing and able to help you out. Borrowing for your deposit will not be acceptable to your mortgage lender, no matter where you are borrowing for.

What else should I bear in mind when taking out a mortgage?

You’ll generally need to arrange home insurance and mortgage protection before drawing down your loan.

Home insurance is a property insurance which covers private homes, buildings and contents. The cost of home insurance often depends on what it would cost to rebuild your house and how much it would cost to replace all of the contents of the house. The replace value of your property may be more than the purchase price.

When taking out a mortgage you’ll also need to consider how it’ll be paid off in the unlikely event of your death before the mortgage has been fully repaid. When you get a mortgage to buy your home, you’ll generally be required by your lender to take out mortgage protection. This is a particular type of life assurance taken out for the term of the mortgage and is designed to pay it off on the death of the borrower or joint borrower before the end of the mortgage term.

What is the timeline for the mortgage process?

Wherever you are on your mortgage journey, whether you’re ready to make an application, or just want to ask some questions – we’re here to support you so book an appointment today with our mortgage team!

We’ll outline the mortgage process and the required documents you’ll need for your application and you can then gather and submit the documents required at a time that suits you, allow 1-2 weeks for gathering these documents.

Once the lender receives your application and supporting documentation, they will get back to you in 3 working days to let you know if it’s ready to go to our underwriting team for a full assessment, or if they need any further documents or information from you first.

Once they submit the documents to their underwriting team for full assessment, they will let you know if they can approve your application within 10 working days. In the rare event that they can’t come to a decision in that timeframe, they will be in touch to let you know and to inform you of when they will have a decision.
If you are using a mortgage broker the lenders will communicate this update to them who will in turn communicate with you.

Once your application for credit is approved, (called approval in principle, AIP) and you have found your home, you will be required to arrange for a valuation of your property. A credit check will also be undertaken on all applicants of the mortgage, and you will need to arrange Life Insurance and Home Insurance. Your lender will issue the loan offer to your solicitor and once you sign the documents, your solicitor will arrange the transfer of funds and collection of your keys to your new home.

Call us today in Letterkenny: 074 910 3938

All Irish Mortgages are regulated by the Central Bank. For more on these Mortgage Measures visit