BOI Letter of Offer timeline

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coolwap

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I might be losing the house because of incompetent BOI customer service.

I have applied for a mortgage in a branch with underwriting completed early in September. All this time I was mentioning that I will use FHS.

Sep 5th - Property Address and desired rate/term provided via email
Sep 18th - Letter of Offer is not issued due to insufficient savings. Mortgage advisor asking if I want an 4.75x exception or will be availing FHS (which I mentioned before multiple times)
--- two weeks of silence and no responses to emails/calls ---
Oct 1st - response from mortgage advisor that case was escalated
Oct 11th - Letter of Offer is not issued due to insufficient savings. Mortgage advisor asking if I will be using FHS to cover the difference.

At this point I feel like everyone in the world except my mortgage advisor knows that I will be using FHS.

Just wanted to share this because there is nothing else that I can do other than wait while seller is warning me to sign the contracts ASAP.

Don't go to BOI for mortgage.
 
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Home

Helping homebuyers to get onto the property ladder in the Republic of Ireland. The First Home Scheme is a Government supported shared equity scheme.
www.firsthomescheme.ie www.firsthomescheme.ie

First Home Scheme

This national affordable housing scheme helps first-time buyers and certain other applicants buy a new home or build their first home.
www.citizensinformation.ie www.citizensinformation.ie
 
So another 10 days passed with my case being 'escalated' and today I have got... an Approval in Principle

This time it has an address but with a typo so probably it will take another 2 weeks to fix it.
 
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