In this episode of the Tea & Mortgage Podcast, Irish mortgage broker John Coleman goes in-depth about the difference between first-time buyers and second-time buyers.

The discussion includes these topics and questions:

1. What defines a first-time buyer?

2. What defines a second-time buyer?

3. The differences in terms of financials:
a. First-time buyer - availability of grants, first-time buyer grant, first home scheme, etc....
b. Second-time buyer - possibly equity from previous home, possible increased buying power, accumulated savings, improved credit scores, and increased income

4. Loan terms - a second-time buyer can get better loan terms based on equity from the first home.

5. However, second-time buyers deal with timing constraints, like the need to sell their first property before obtaining the next.

6. First-time buyers have to learn all about the property market, interest rates, LTV, etc. (Mortgage brokers like John can really help here.)

7. Second-time buyers have done this before and have knowledge. Mortgage brokers can support with information on options like Bridging Loans and comparing mortgage lenders for the best interest rates, etc.

8. To avail of government schemes, for first-time buyers, if more than one buyer, do both have to be first-time buyers?

9. If I inherit a property, am I still deemed a first-time buyer? OR classed as a second-time buyer?

10. Is it easier to get a mortgage as a second-time buyer?

Thanks for tuning in, subscribing, and sharing the Tea and Mortgage Podcast!

And if you’re ready to buy a property and get a mortgage, please contact John:

***

As always, please contact us if you have any questions about the new Flex Mortgage or need anything at all!

- John Coleman

JC Mortgages
☎️ 01-8102032
📲 086 3970039
📩 john@jcmortgages.ie
💻 www.jcmortgages.ie

In this episode #32 of the Tea & Mortgage Podcast, mortgage broker John Coleman walks you through a live demo of the JC Mortgages Mortgage Repayment Calculator, helping you understand exactly what your monthly repayments could look like.

John features both calculators for Mortgage Repayments and How Much Can I Borrow For a Mortgage in Ireland? on his website.

What You'll Learn:

• How to input property value, borrowing amount, loan term, age, and gross salary to get your repayment estimate
• Why the figure shown is an estimate, and how the actual interest rate you secure from a lender greatly affects your real monthly cost
• The benefits of working with JC Mortgages—including access to a broad range of lenders and expert guidance to help you find the best rate for your circumstances

Budgeting effectively is one of the most important steps toward homeownership. With transparency around your mortgage repayments, you can proceed with confidence—knowing the numbers and the factors that could shift them.

Try the calculator yourself here: jcmortgages.ie/calculators/mortgage-calculator

And subscribe to the Tea & Mortgage Podcast for more insights, demos, and tips every month!

***
As always, please contact us if you have any questions about the new Flex Mortgage or need anything at all!

- John Coleman

JC Mortgages
☎️ 01-8102032
📲 086 3970039
📩 john@jcmortgages.ie
💻 www.jcmortgages.ie

🎙️ The Tea & Mortgage Podcast #31 – Help to Buy Scheme Explained
Hosted by John Coleman | JC Mortgages

Thinking about buying your first home in Ireland? 🏠 You need to know about the Help to Buy Scheme—a government incentive designed to give first-time buyers a financial boost toward their deposit.

In this episode, John breaks down everything you need to know about the Help to Buy (HTB) scheme—from what it is, how it works, and how to apply, to who qualifies and when to get started.

☕ Questions we answer in this episode:
✅ What is the Help to Buy scheme?
✅ How does the Help to Buy scheme work in Ireland?
✅ How and when do you apply?
✅ How is the amount calculated?
✅ Who qualifies and what homes are eligible?
✅ How long does approval last?
✅ What happens if you're building your home?

Whether you're just starting your mortgage journey or actively looking at homes, this episode will help you understand if HTB can give you the head start you need.

🔗 For more expert advice or to chat with John directly, visit: www.jcmortgages.ie

Don't forget to like, subscribe, and share if you find this helpful. And if you've got mortgage questions, leave them in the comments—we might cover them in a future episode

***
As always, please contact us if you have any questions about the new Flex Mortgage or need anything at all!

- John Coleman

JC Mortgages
☎️ 01-8102032
📲 086 3970039
📩 john@jcmortgages.ie
💻 www.jcmortgages.ie

It’s the Tea and Mortgage Podcast episode number 3-0, and today host John Coleman talks about Ireland’s beloved (but often misunderstood) First Home Scheme.

In this episode filled with valuable information, John will answer these common questions:
1. What is the first home scheme?
2. How can someone apply for first home scheme?
3. How does the first home scheme work?
4. How to find first home scheme houses.
5. How long does first home scheme approval take?
6. How does the first home scheme differ from the help to buy scheme?
7. Which banks offer the first home scheme?
8. And much much more.

So, if you’re thinking of buying a home and starting the mortgage process here in Ireland, you’ll want to tune in for this podcast as well as contact John for a custom mortgage roadmap to help you through every step of the journey.

***
As always, please contact us if you have any questions about the new Flex Mortgage or need anything at all!

- John Coleman

JC Mortgages
☎️ 01-8102032
📲 086 3970039
📩 john@jcmortgages.ie
💻 www.jcmortgages.ie

Welcome to the Tea and Mortgage podcast, episode #29!

In this episode, host and mortgage broker John Coleman talks about the state of Artificial Intelligence in the mortgage industry and his own personal business, along with co-host Norm Schriever.

Part of their regular check-in and discussion about AI a couple times per year, this episode brings some interesting insights, advancements, and opinions about machine learning in mortgage.

Those include how AI helps John’s process to review paperwork, save time and ensure a smoother transaction, and benefit the client.

We also find that AI is not a panacea but more of a useful tool; albeit one that still needs human control and guidance. As John and Norm reveal in the podcast, “AI makes the best caddie in the world, but is still not the golfer!”

They also note that “AI isn’t going to necessarily take your job, but the PERSON who understands and uses AI definitely will!”

So, enjoy this episode of the Tea and Mortgage podcast and feel free to reach out to John with any mortgage or home buying questions or to start the process.

***
As always, please contact us if you have any questions about the new Flex Mortgage or need anything at all!

- John Coleman

JC Mortgages
☎️ 01-8102032
📲 086 3970039
📩 john@jcmortgages.ie
💻 www.jcmortgages.ie

It’s episode #28 of the Tea & Mortgage podcast with Ireland’s favourite mortgage broker, John Coleman!

In this episode, John and American co-host Norm Schriever go in-depth on the new Flex Mortgage offering from Avant Money.

Dare we say this is a “Tracker Mortgage,” but it’s not the same type of tracker loan that go so many banks in trouble during the worldwide financial reshuffling of 2008. Those tracker mortgages definitely come with bad memories and negative connotations, but this new & improved tracker mortgage – the Flex Mortgage by Avant – is not the same animal.

Instead, you your rate is linked to the 12-month Euribor rate and will be reset each year based on 12-month Euribor market rates. That means it could go up or down, but only once a year, and will be less volatile than your father’s Tracker Mortgage.

Furthermore, you have the flexibility to overpay your mortgage anytime or move to another product with no penalty, but can benefit from a variable rate as low as 3.30%.

In the podcast, we also talk briefly about the movie, The Big Short, about the mortgage meltdown in the United States.

And John shares his review and experience of Michael Jackson the Musical, a theatrical show he recently saw in London.

***
As always, please contact us if you have any questions about the new Flex Mortgage or need anything at all!

- John Coleman

JC Mortgages
☎️ 01-8102032
📲 086 3970039
📩 john@jcmortgages.ie
💻 www.jcmortgages.ie

In this episode, we focus in on a somewhat rare and seldom used mortgage tool, bridging loans.

For those who aren’t aware, bridging loans are short-term financing solutions designed to provide immediate funds to home buyers or sellers, typically to bridge the gap between the purchase of a new property and the sale of an existing one. They are commonly used in scenarios such as buying a new home before selling the current one, purchasing properties at auctions, or financing property renovations.

They constituted a small portion of total mortgages in times past but after the mortgage meltdown of 2008, completely dried up along with other “exotic” alternative mortgage products,

However, they have seen a resurgence in recent years thanks to ICS Mortgages, who reintroduced bridging loans to the Irish market with their Housing Bridge Loan product as of October 2024.

For most of you, this information will never apply (but it’s still good to be aware of the option).

But for those who find themselves in certain situations between buying and selling, bridging loans are an incredibly powerful tool that provide a perfect stop-gap solution to your financing needs.

As always, enjoy the podcast, thanks for sharing, and please let me know if you’d like any information or help with bridging loans!

- John Coleman

JC Mortgages
☎️ 01-8102032
📲 086 3970039
📩 john@jcmortgages.ie
💻 www.jcmortgages.ie

Welcome, everyone to the Tea and Mortgage podcast episode #26! We hope you enjoy these little chats and get some value out of them.

Speaking of which, today we’re going to talk about a recent significant milestone for JC Mortgages, as we just received out 200th Google review!

Not to pay ourselves on the back (pat, pat), but most remarkable is that John Coleman and the entire team at JC Mortgages has an average 5-star rating on Google even after 200 reviews!

So, today we’ll talk about that milestone, why it’s truly a testament to the team and wonderful people working here, and why we focus so much on improving the client experience.

But we’ll also have some fun talking about the one relatively bad review (3-stars) John received, and shout-out JC Mortgages’ recent inclusion on the list as a top-5 mortgage broker in all of Ireland!

Thanks for tuning in, subscribing, and, of course, your wonderful 5-star reviews!

- John Coleman

JC Mortgages
☎️ 01-8102032
📲 086 3970039
📩 john@jcmortgages.ie
💻 www.jcmortgages.ie