Who We Are

Dilosk DAC trading as Dilosk and ICS Mortgages, is an Irish financial services company, headquartered at Hume Street, Dublin. We entered the Irish mortgage market through the acquisition of ICS Mortgages including the brand and distribution platform from Bank of Ireland in 2014.

We have launched an ICS mortgages Buy-to-Let product for borrowers seeking to purchase or refinance residential investment properties located in the Republic of Ireland. Our mortgages are available to both individuals and companies and we are offering a 15 year interest only option as a key feature.

ICS Mortgages entered the market for owner-occupiers with the Lowest variable rate in the market
ICS Mortgages in September 2019.

We launched a range of highly competitive variable and fixed rate mortgages from as low as 2.55%. 

Dilosk DAC, trading as Dilosk and ICS Mortgages has over €600m of mortgages under management.

The company will also be offering 3 and 5 year fixed rates starting at 2.55% and 2.60%, respectively. Various rates will apply depending on the size of the loan relative to the value of the property – all at highly competitive price points (see notes to editor below).

The strategy is to offer customers low rates, low APRs and on-going customer flexibility to suit individuals changing needs. Maturing fixed rate customers will be eligible to avail of the relevant new customer variable rate at the expiry of their fixed terms.

Customers may also be able to avail of lower rates as their LTV improves over the course of the loan.

The launch saw the ICS Mortgages brand (which was established in 1864) re-enter lending in the owner-occupier market for the first time since 2013.


Dilosk DAC trading as Dilosk and ICS Mortgages is regulated by the Central Bank of Ireland. As a regulated entity Dilosk complies with all the relevant regulatory codes applicable to mortgage lending in Ireland.

The Board of Directors

The Board of Dilosk is collectively responsible for the leadership, control, development and long-term success of the Company.

Fergal McGrath, Chief Executive Officer & Co-founder of Dilosk
Dr Oran McGrath, Executive Director & Co-founder of Dilosk
Ray McMahon, Director and Chief Operating Officer
Kevin Cooney, Non-Exec Director
Tony McPoland, Non-Exec Director