Mortgages

LTV Mortgages

Loan-to-Value or LTV is a lending risk assessment that financial institutions and other lenders examine before approving a mortgage. It is a way of assessing how much equity a client has in the property. The higher the value of your home compared to the amount of your current mortgage; the lower your interest rate will be. This means you save money each and every year for the remainder of your mortgage.

Calculated as:

LOAN TO VALUE RATIO = MORTGAGE AMOUNT : VALUE OF THE PROPERTY

Mellon Mortgage Services can guide clients through the entire process.

Commercial Mortgages

Loyalty to any one bank can cost you a fortune. Therefore, Mellon Mortgage Services believe that it makes great business sense to regularly shop around. Experienced consultants at Mellon Mortgage Services use the most up to date information to advise any company, sole trader or partnership with all requirements in this area.

Re-financing / Switching Mortgages

Recent increases in interest rates make it more important than ever to review your property portfolio ancd existing financial arrangements. Mellon Mortgage Services help clients to refinance their loans to offer the very best value for money. Expert consultants assess existing mortgages then they check to see if a better deal is available. At the very least clients can be sure they aren't paying over the odds and at best, this move could save them thousands of euro. By refinancing, clients can take advantage of equity in their properties and they can own their homes faster.