Frequently asked questions
Who are the main customers of Nordic Hypo?
Nordic Hypo provides services to both natural and legal persons who need flexible financing solutions. Many of our customers are small companies that require additional financing to establish a new business or fund an existing one.
Does Nordic Hypo provide refinancing for existing loans taken from other financial institutions?
Many customers use our mortgage loans to refinance their current more expensive obligations and to decrease their interest and fees. Using our mortgage loan it is possible to significantly decrease current payments by consolidating more expensive obligations and using additional capital where necessary.
What is the interest rate on Nordic Hypo loans?
We offer loan products for which we calculate the interest rate from the actual sum of the loan (like banks do). Our interest rates start from 16% per annum. The specific loan offer depends on the desired loan period, payment schedule, the security offered and the lending capacity of the customer. In order to receive a tailored offer, please contact our customer service.
How long has the company been on the market?
Nordic Hypo commenced its activities in 2010, and our team has more than 20 years experience in the financial sector.
Is it possible to repay the loan early and is there a fine for early repayment?
It is possible to repay your loan early without incurring any fines as long as you notify us three months in advance.
Is lending from Nordic Hypo safe?
Safety and confidentiality are important factors in financial matters, and there can be no compromises in this regard. The Nordic Hypo team has significant experience in the financial sector and our customers can rest assured that their personal and loan-related information is safely protected. The Nordic Hypo team uses modern comprehensive IT systems that pay special attention to data safety.
If you have additional questions or wish to receive a tailored loan offer, please contact us by calling 1553 or fill in a short loan application here.