Approval in Principal Query

P27

Registered User
Messages
26
Hi All,

I have AIP for €300k - 92% ltv, its with First Active but through a broker, how likely is it that this amount will still be available to me in approx 6 weeks, we have combined salaries of circa €70k but also have car loans etc.
 
Approval in principal last from 3 - 6 months, so you shouldn't have anything to worry about,
 
Remember that any rate quoted at the point of AIP may be subject to change before drawdown.
 
Hi All,

I have AIP for €300k - 92% ltv, its with First Active but through a broker, how likely is it that this amount will still be available to me in approx 6 weeks, we have combined salaries of circa €70k but also have car loans etc.


I wouldn't bank on that figure. I'd say provisionally that there is plenty of scope to look elsewhere. ( depending on personal circumstance).
The banks are changing criteria and tighteing up with no regard to existing AIP's . First Active did this recently and wouldn't hold/stand by there 3 month AIP rule.