Podcast #23: John Coleman - Ireland's Mortgage Champion

In this podcast, I chat with John Coleman, who’s a mortgage lender in Dublin, Ireland. Although John is always humble and self-deprecating, I joke around by calling him "The Mortgage Champion" because I've witnessed how much he does to help his clients.

In fact, the real estate and mortgage system in Ireland is far different than  here in the United States, and a good mortgage lender wears a whole lot of hats. 

The process of getting qualified for a mortgage, finding a home, and getting approved takes a whole lot longer, so buyers almost need to be groomed over months before they're ready.

​(You'll be blown away by how incredibly stringent Ireland's credit standards are.)

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Through the course of this enlightening 50-minute conversation with John, we explore these questions:

• What's the real estate market like in Ireland?
• How is Covid-19 affecting the market and economy?
• How many people own a home in Ireland, and how has homeownership changed over time?
• Why does Ireland have so many great business opportunities with notable international companies setting up shop there?
• What are interest rates/down payments/qualifying standards like for Irish buyers?
• There's also a significant contingent of foreigners who live in Ireland. In fact, 10% of the population is made of expats or foreigners who live there! ​
• In fact, a lot of Americans head over to Ireland to work and live, enjoying the charm and slower pace of life. What do they find when trying to buy a home?

Tune to this podcast with John Coleman  - the Mortgage Champion of Ireland!

-Norm. :-)
REMnorm.com