From comparsion to contract

Why Bankmonitor is your ideal partner for borrowing in Hungary?

• The #1 page in Hungary for comparing banks
• 95% of all offers on the Hungarian banking market are available on our website
• We support mortgage loan applications worth tens of billions of forints annually
• Unique interest terms and conditions are also available (special discounts for Bankmonitor customers)
• We offer services to our customers in both English and German
• We provide complete administration for you

How do we help you?

• We assess your creditworthiness
• We inform you which banks offer viable alternatives to foreigners
• If necessary, we ask for a preliminary credit assessment for you (free of charge)
• We take over all administrative work (even if you are in Hungary only for the signing of the loan agreement)

How much will it cost?

• Our service is free of charge
• Our revenue comes from banks (we receive a share of their savings in bank branch costs)
• Commission payments by banks are strictly regulated: each bank pays the same amount for a concluded mortgage loan
• Our primary objective is to have satisfied customers

Prerequisites for mortgage applications in Hungary

• Verifiable income (from employment, business venture, pension, etc.) from a European country
• The loan must be used for the purchase of a property in Hungary
• The borrower can pay at least 20% of the value of the purchased property as a down payment

Legal background and guarantees

• Our operations are supervised by the National Bank of Hungary
• We do not request or accept orders for managing financial transactions from our customers
• We have liability insurance

Useful tip: run a pre-approval!