Mortgages in Slovakia: How To Secure Financing with Income from Abroad

If you are a foreigner looking to buy a property in Slovakia, you may wonder if you can get a mortgage with income from abroad. The answer is yes — obtaining a mortgage in Slovakia with overseas payment is possible.

One of the best ways to do this is to work with Hypomo, a leading digital mortgage broker in Slovakia that offers a range of mortgage products from various lenders. In this article, we’ll take a closer look at the process of getting a mortgage in Slovakia with income from abroad and how Hypomo can help.

Requirements for Getting a Mortgage in Slovakia with Income from Abroad

You must meet certain requirements to obtain a mortgage in Slovakia with income from abroad. These requirements include:

1. Proof of income: You must provide proof of your income from abroad, which may include payslips, bank statements, and tax returns.
2. Good credit score: A good credit score is essential for obtaining a mortgage in Slovakia, regardless of where your income comes from. Lenders will check your credit history to determine your creditworthiness.
3. Down payment: You will need to provide a down payment of at least 10% of the property's purchase price.
4. Property valuation: The lender will conduct a valuation of the property to ensure it is worth the mortgage amount.
5. Proof of residency: You may also need to provide proof of residence in the country where your income is generated.

How Hypomo Can Help

Hypomo is an excellent option for anyone looking to obtain a mortgage in Slovakia with income from abroad. Here’s how Hypomo can help:

1. Wide range of mortgage products: Hypomo works with an extensive network of lenders, including some of the largest banks in Slovakia, to provide buyers with a wide range of mortgage products. This allows buyers to compare rates and terms from different lenders and choose the best mortgage.
2. Personalized service: Despite being a digital mortgage broker, Hypomo offers customized services to its clients. The company has a team of experienced mortgage advisors who can help buyers navigate the mortgage market and find the best deals. Buyers can communicate with advisors through the digital platform or over the phone.
3. Competitive rates: Hypomo aims to provide buyers with competitive mortgage rates. The company’s extensive network of lenders allows them to negotiate better rates for its clients. The company also offers a rate-matching guarantee, which means that if a buyer finds a lower rate elsewhere, Hypomo will match it.
4. Simple and fast online mortgage application process: Hypomo offers a simple and fast online mortgage application process. Buyers can easily complete an online application form and receive a mortgage offer within hours. The company’s digital platform streamlines the process, eliminating the need for physical paperwork and reducing the time needed to obtain a mortgage.

Conclusion

If you are a foreigner looking to buy a property in Slovakia, obtaining a mortgage with income from abroad is possible. Hypomo is an excellent option for anyone seeking a mortgage in Slovakia. They offer a wide range of mortgage products, personalized service, competitive rates, and a simple and fast online mortgage application process. To learn more about how Hypomo can help you obtain a mortgage in Slovakia, visit their website today.