HOUSING LOAN SCHEME

‌A Housing Loan Scheme is available to help permanent pensionable staff members acquire their first house in the Galway area. 

A loan granted under the scheme shall not exceed an amount equal to six months salary of the applicant (such salary being scale payable at date of application) up to a maximum of €50,000.  The total sum borrowed is repayable over a seven year period.

Points to note:

An interest rate of 8.05% applies.  This can vary accordingly.

QA317 Housing Loan Policy