Frequently Asked Questions

You have questions, we have answers

Does Hypomo have any investors?

MKB Bank Hungary was the first investor in Hypomo, Hypomo was part of their Fintech accelerator where it originally grew out.

Who's behind Hypomo?

Mark Flores Martin and Monika Bereczova founded Hypomo trough an investment from MKB Bank. It quickly launched in Slovakia and launching in Hungary, Poland and Austria soon.

How do I know that Hypomo is safe?

Hypomo is a certified financial agent with the National Bank of Slovakia. Our registration number is 231967, which you can double-check on the National Bank's official website here.

Can Hypomo help me obtain a pre-approval certificate?

Yes, Hypomo can offer you a pre-approval certificate which helps significantly with the property purchase process in Slovakia. The certificate serves to show sellers and real estate agent that you are a serious buyer, which could help you access more and higher quality property deals. You can get started here.

How does Hypomo work

Hypomo lets you apply for a mortgage in under 10 minutes. Once you have signed up, our online system will help you compare the best deals across 95% of all Slovak lenders, before showing you the most suitable mortgages based on your personal profile. You can then select the banks you would like to apply to, all in the comfort of your own home!

How is Hypomo different to other online mortgage websites?

Other online mortgage websites compare mortgage rates which are not personalised to your situation. Also, other sites do not enable you to apply directly for a mortgage online but instead asks for your phone number to arrange for a phone call where they will process your mortgage in the old offline way. This process typically takes up to two weeks.
In comparison, as the first and only online mortgage broker in Slovakia, Hypomo does not only show you personalised mortgage rates based on your profile but also allows you to apply directly to the mortgage of your choice, entirely online - all in under 10 minutes. get started here!

Will I get a better rate by applying directly through my bank?

Hypomo can help you achieve the same rate, or a better rate when compared to you applying through your bank directly.
Hypomo helps you secure the best mortgage rate through leveraging our close relationships with partner banks, as well as by ensuring your paperwork is filled out in the correct way.
We noticed that one of the most common reasons individuals overpay for their mortgage is due to filling in paperwork incorrectly, and our mortgage experts help you eliminate this issue.

How is Hypomo different to traditional mortage brokers?

Traditional mortgage agents are incentivised by earning the highest commission and do not always give you the best deal. Hypomo does not provide our mortgage agents for with any commission. Our mortgage agents negotiate hard to get you the best rate. We reward our agents based on the review you leave them.

What loans does Hypomo offer?

Hypomo offers only Home loans for Slovak Market at this time, the homes we broker loans for are:

  • Apartments
  • Flats
  • Houses
Is Hypomo a direct lender?

No, we are not. Instead, we help you compare across 95% of Slovak lenders to identify and apply to the best mortgage, based on your situation.

Does Hypomo charge me any fees?

Our service is 100% free for you. We monetise by receiving a commission from banks, which is the standard practice in the mortgage industry and does not affect your loan in any way.