IMPORTANT INFORMATION - This quotation does not constitute approval in principle or an offer of loan facilities. No legally binding agreement shall come into existence until such time as a formal offer letter has been issued and accepted and all relevant conditions have been satisfied.
Lending terms and conditions apply. You may not be eligible for the amount illustrated.
An independent valuation report may be required. A fee (minimum €50, maximum €127) plus travel expenses will apply. The fee will be refunded if your loan application is unsuccessful. EBS will forward a copy of the valuation report to you. Third party legal fees may also be payable by you.
WARNING - YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT.
Variable Rate Loans
THE PAYMENT RATES ON THIS HOUSING LOAN MAY BE ADJUSTED BY THE LENDER FROM TIME TO TIME.
Fixed Rate Loans
WARNING - YOU MAY HAVE TO PAY CHARGES IF YOU PAY OFF A FIXED RATE LOAN EARLY.
An early redemption charge is payable in the following cases where the fixed rate period has not expired: (i) if a capital repayment or full repayment is made to the loan, or (ii) if the loan is converted to a variable rate or another fixed rate. The redemption charge is calculated as follows: Amount repaid early / being converted to another rate multiplied by (original cost of funds minus cost of funds for fixed rate period remaining) multiplied by remaining term in days divided by 365.
In the event of there being a change in interest rates before EBS have issued the loan cheque, EBS will apply the fixed rate available at the time of cheque issue. If there is no other fixed rate available, the applicable variable rate then prevailing will apply.
Interest-Only Loans
WARNING - THE ENTIRE AMOUNT THAT YOU HAVE BORROWED WILL STILL BE OUTSTANDING AT THE END OF THE INTEREST-ONLY PERIOD.
Endowment Loans
WARNING - THERE IS NO GUARANTEE THAT THE PROCEEDS OF THE INSURANCE POLICY WILL BE SUFFICIENT TO REPAY THE LOAN IN FULL WHEN IT BECOMES DUE FOR REPAYMENT.
Early surrender of the insurance policy in respect of your endowment loan may result in a return to you which would be less than you have paid in premia and other charges.
Debt Consolidation Loans
WARNING - THIS NEW LOAN MAY TAKE LONGER TO PAY OFF THAN YOUR PREVIOUS LOANS. THIS MEANS THAT YOU MAY PAY MORE THAN IF YOU PAID OVER A SHORTER TERM.
For further information call EBS Direct at 1850 654321, email us or visit your local EBS Office.