Frequently Asked Questions

You have questions, we have answers

Does Hypomo have any investors?

Yes, our first investor was MKB Bank Hungary. This banking entity developed an accelerator program for startups in the fintech space. Hypomo emerged from it and received the financial backing of MKB Bank.

Who's behind Hypomo?

The founders of Hypomo, Mark Flores Martin and Monika Bereczova, got started with an investment from MKB Bank Hungary. Hypomo has grown rapidly in Slovakia; it is now operating in Poland; and will be launching in Austria and Hungary soon too.

Is Hypomo legit?

Hypomo is a financial agent by the National Bank of Slovakia. Our registration number is 231967, which you can double-check on the National Bank's official website.
We know that taking on a mortgage is an important event in people's lives because it is about a lot of money, and we offer all the available guarantees so they can securely find a mortgage with us.

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 agents that you are a serious buyer, which could help you to access more and higher-quality property deals.

How does Hypomo work?

We will ask you to sign up, and based on your preferences and profile, our software will compare the offers and deals across 95% of all Slovak lenders and show you the most suitable ones. All in all, you can apply for a mortgage in under 10 minutes, from any device.

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.