Mortgages How to secure a mortgage? One of the basic things in life is to own your own home which has proven to a very difficult process in Ireland due to bad management of the property market by successive interested parties. The key to securing your own home is planning the purchase, deciding on a budget and preparing for mortgage approval. You must do the following If paying rent make sure it is mandated through your bank statements Save on a monthly basis and make sure this is visible on your bank statements or credit union statements Do no borrow small personal loans ahead of securing mortgage approval Pay off small loans out of savings ahead of mortgage approval Save a minimum of 10% if not 15-20% of the house price purchase Ensure you are in permanent position for at least 12 months ahead of applying