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Great value mortgages
Interest calculated on reducing loan balance
Over €52 million
Borrowed by members last year
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Mortgage rates from 3.75%
Simple mortgage process
Fair & transparent lending
Switch Your Mortgage – Save More With Your Local Credit Union
If you’re paying too much on your mortgage, becoming a mortgage switcher could save you thousands over the life of your loan. At Croí Laighean Credit Union, we make it simple to switch your mortgage and see whether a better rate could reduce your monthly repayments.
Whether you’re based in Kildare or Offaly, we can help… and if your local credit union doesn’t offer mortgages, we may still be able to support your mortgage switch.
Thinking Of Switching? It’s Easier Than You Think
A lot of people assume switching mortgage provider is complicated – it’s not. We guide you through every step, from reviewing your current mortgage to helping you understand the paperwork, savings and next steps involved.
We have also introduced Open Banking, so you don’t need to gather those bank statements anymore. With Open Banking, your bank statements are securely shared with us. No need to print or send them to us. We will send you a secure email, and all you need to do is click a button.
With a Croí Laighean Credit Union mortgage, you buy your home, and we build your community.
Why Switch Your Mortgage To Croí Laighean Credit Union?
- Low rate of 3.75% (3.81% APRC)
- Fixed 5 year rate for extra peace of mind
- Lower your monthly repayments
- Potentially knock years off your mortgage
- Enjoy more flexibility and personal service
- Keep your money local and invest in your community
- Decisions made at a local level, not an international HQ
- Interest calculated on the outstanding balance of the loan
- We don’t sell our mortgages to vulture funds
Lets talk about your mortgage
Please note, Croí Laighean Credit Union can only finance residential mortgages. Buy to let and commercial mortgages are not available.
Mortgage calculator
Not Just Local – Here When Others Aren’t
We’re proud to serve members across Kildare and Offaly, but our mortgage offering goes further. If your local Credit Union doesn’t provide mortgages, you can still apply with us. You get the same trusted, personal service, just without the common bond restrictions. All we need is a letter or email from your local Credit Union stating they don’t offer mortgages, and we can take it from there!
What Is A Mortgage Switcher?
A mortgage switcher is someone who moves their existing mortgage from one lender to another, usually to secure a better mortgage rate, reduce monthly repayments, or improve the overall terms of their mortgage. If you are currently paying more than you need to, switching your mortgage in Ireland could help you save money over the lifetime of your loan.
Is Switching Mortgage Worth It?
In many cases, yes. If your current rate is higher than what’s available today, switching could:
• Save you money every month
• Reduce the total cost of your mortgage
• Reduce the term of your mortgage
• Give you more control over your finances
We’re happy to run the numbers with you, and we will never pressure you. We will always offer clear advice. And, if you’re currently on a fixed-rate mortgage, we can also help you consider whether any breakage fee applies and whether the long-term savings still make switching worthwhile.
Compare Mortgage Switcher Rates In Ireland
When comparing mortgage switcher rates in Ireland, it’s important to look beyond the headline rate. Always check the APRC, loan-to-value conditions, fixed-rate period, fees, and whether the advertised rate depends on your BER rating.
See the table below for an idea of current rates on offer:
| Provider | Rate | APRC Rate | Max LTV | Special Conditions |
| CLCU | 3.75% | 3.81% | 90% | None |
| AIB | 3.1% | 3.68% | 80% | BER of B3 or lower |
| BOI | 4.15% | 4.3% | 80% | None |
| EBS | 3.2% | 4% | 90% | BER of B3 or lower |
| PTSB | 3.25% | 4.12% | 80% | None |
| ICS | 4.1% | 4.25% | 80% | None |
| Nua | 4.99% | 5.08% | 80% | None |
If you’re on a high rate, you could save thousands by switching. For example, if you’re on a rate of 4.99%, by switching to a CLCU Mortgage, you could save €146.69 a month. This translates to a saving of €1,760.28 a year, or €35,205.60 over a 20-year period. To put this in context, you could reduce the term of your mortgage by over 2 years!
Always look at the APRC (Annual Percentage Rate of Charge) as it includes the interest rate along with most fees, charges, and costs over the lifetime of the loan, making it easier to compare options.
LTV is the abbreviation for Loan to Value, and it’s the percentage of a property’s value that you’re borrowing. Rates checked 01/05/26. Source bonkers.ie
Mortgage Switcher Eligibility & Documentation Checklist
To be eligible for a Credit Union Switcher Mortgage, you must be 18 or older, be (or become) a member of CLCU, and be switching a mortgage on a principal private residence. Typically, you’ll need a statement of your current mortgage, an up-to-date balance and interest rate, 12 months’ mortgage repayment history, proof of income, identification, proof of address, and supporting financial information.
Why Switch Your Mortgage To Us?
Switching to a Croí Laighean Credit Union mortgage could help you access a low rate of 3.75% (3.81% APRC), you could fix your rate for 5 years for extra peace of mind and you could lower your monthly repayments.
However, switching your mortgage to us isn’t just about getting a better rate. It’s about putting your money somewhere that does more. When you switch to Croí Laighean Credit Union, your repayments don’t go to distant shareholders. As a not-for-profit credit union, we reinvest what we earn back into local clubs, community groups, and initiatives across Kildare and Offaly.
How Much Does It Cost To Switch Mortgage?
The cost of switching mortgage in Ireland can vary depending on your current lender, your solicitor, and whether you are on a fixed rate. Common costs may include legal fees, property valuation, and possible breakage fees if you are on a fixed-rate mortgage.
Before you decide to switch, it’s important to compare these costs against the potential savings. In many cases, a lower mortgage rate can outweigh the switching costs over time, but we will always help you run the numbers clearly before you make a decision.
How To Switch Mortgage Provider In Ireland
Switching mortgage provider is usually more straightforward than most people expect. The basic process is:
• Review your current mortgage rate, balance and remaining term
• Speak with your new mortgage team so they can compare your current repayments with their switcher mortgage rate
• Submit your mortgage switcher application and supporting documents
• They assess your affordability and repayment history
• A valuation of your property is arranged
• If approved, your solicitor completes the legal process
• Your existing mortgage is repaid and replaced with your new mortgage
Mortgage Switching FAQs
How do I switch my mortgage in Ireland?
Switching your mortgage is more straightforward than most people think. You apply with a new lender, we assess your application, and once approved, your existing mortgage is paid off and replaced with your new one. We’ll guide you through each step so there are no surprises.
What is a mortgage switcher?
Switching your mortgage is more straightforward than most people think. You apply with a new lender, we assess your application, and once approved, your existing mortgage is paid off and replaced with your new one. We’ll guide you through each step so there are no surprises.
Is it worth switching my mortgage?
In many cases, yes. If you’re on a higher interest rate than what’s currently available, switching could:
• Lower your monthly repayments
• Reduce the total interest you pay
• Save you thousands over the life of your mortgage
We’re happy to run the numbers and show you exactly what you could save.
How much can I save by switching my mortgage?
It depends on your current rate, loan balance, and remaining term. Even a small drop in your interest rate, such as 0.5%, can make a big difference over time. Many borrowers save hundreds per month, and thousands overall.
Can I use a mortgage switcher calculator?
Yes. A mortgage switcher calculator can help estimate your repayments if you move your mortgage to a new lender. Our mortgage calculator lets you test different mortgage amounts and terms.
How long does it take to switch a mortgage in Ireland?
Typically, switching takes around 6–8 weeks, depending on how quickly documents are provided and legal work is completed. We’ll keep things moving and keep you updated along the way.
Are there costs involved in switching a mortgage?
There can be some costs, including legal fees, property valuation, and possible breakage fees if you are on a fixed rate. The good news is that, in many cases, the savings from switching can outweigh these costs over time.
Is there a no-fee mortgage switch option?
Some lenders may offer switching incentives, but switching mortgage in Ireland can involve costs such as legal fees, valuation fees or fixed-rate breakage fees.
Can I switch if I have a fixed-rate mortgage?
Yes, but there may be a breakage fee depending on your lender and how long is left on your fixed term. This doesn’t always mean switching is a bad idea. If the long-term savings are greater than the fee, switching may still be worthwhile.
I don’t live locally. Can I switch my mortgage to Croí Laighean Credit Union?
Yes, you can switch to us if you’re a member, irrespective of your address, as long as the mortgage property is located in the Republic of Ireland. If you’re a close family member of an existing CLCU member, you can join as an eligible relative, such as a spouse, partner, parent, sibling, or child.
If your local credit union doesn’t offer mortgages, you can still apply with us. We provide mortgages to members beyond our immediate area, so you can still benefit from our competitive rates and personal service. You will need to ask your local credit union for a letter confirming they don’t offer mortgages, and we’ll take it from there.
Do I need a deposit to switch my mortgage?
No deposit is usually required when switching your mortgage. Instead, approval is based on factors like your remaining loan balance, property value, income, and repayment history.
What documents do I need to switch my mortgage?
Typically, you’ll need your current mortgage statement, up-to-date mortgage balance and interest rate, and 12 months’ mortgage repayment history. We now offer Open Banking to make the process easier, so you won’t need to print or manually send bank statements.
Why switch to a credit union for my mortgage?
With a credit union, you get competitive mortgage rates, a not-for-profit lender that puts members first, real people you can talk to, and a more personal, supportive approach.
How much can you borrow from the Credit Union?
Croí Laighean Credit Union offers loans for a wide range of needs. Whether it’s a new car, a dream kitchen, or getting onto the property ladder, we can help. We offer personal loans of up to €100,000, larger business loans, and mortgages of up to €650,000.
How quickly will I get a decision from CLCU?
Mortgage switching timelines depend on the complexity of the application, how quickly documents are provided, valuation, and solicitor work. Our team will keep you informed throughout the process and help move things forward as efficiently as possible.
Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future. If you are experiencing difficulty repaying your loan, or believe you may in the future, please click here.
Call us on freephone 1800 23 24 25 to book a face to face mortgage consultation today!
Why choose a Croí Laighean Credit Union Mortgage?
Switching your mortgage isn’t just about getting a better rate, it’s about putting your money somewhere that does more. When you switch to Croí Laighean Credit Union, your repayments don’t go to distant shareholders. As a not-for-profit, we reinvest what we earn straight back into local clubs, community groups, and initiatives across Kildare and Offaly. We’re here to act in your best interests… no jargon, no runaround, just honest guidance. It’s one of the reasons Credit Unions are consistently ranked among Ireland’s most trusted organisations.
If you’re thinking about switching to a better rate, we’ll make it simple and show you exactly what you could save.
Repayment Example:
If you switch a mortgage of €250,000 over 30 years, your repayments will be €1,158 per month at a variable rate of 3.75% (APR 3.81%). The cost of credit is €166,804, bringing the total amount repayable to €416,804.
We’ve taken every care to make this information accurate, but Croí Laighean Credit Union and our staff can’t accept responsibility for any errors or omissions. Our Irish Mortgage Calculator is for illustration only and gives you an overview of potential borrowing costs.
Mortgage rates are correct as of 01/05/2026 and may change.
Croí Laighean Credit Union is regulated by the Central Bank of Ireland.
Frequently Asked Questions
CLCU have loans for everything you want to borrow for. Whether it’s a new car, a dream kitchen, or getting onto the property ladder for the first time, CLCU can help you. We offer loans of up to €100,000 and we also do larger business loans, and mortgages up to €650,000. Read more about our loans here.
Your loan will be granted based on your repayment ability. You do not need to have money in your account unless you are applying for a covered loan – in this case, you must have at a minimum, the amount you are looking to borrow.
You can join and apply on the same day! You don’t need to be a member for a certain length of time to apply as we base our decisions on your repayment ability. You can find out more about our loans here.
We make quick loan decisions, with some loans being approved on same day.