AboitizLand Partners with Nook, Simplifying Home Financing

Having a good home is essential nowadays. The COVID-19 pandemic highlighted the need for a sanctuary — a healthy, safe and secure place. Homes have evolved from a simple residential property into a multi-functional space for online activities such as remote work, online classes and businesses. Home buying, however, remains a challenging process, with many steps, considerations and possible mistakes that many people aren't familiar with.

AboitizLand recognises this need, and has recently inked a deal with Nook — the first and only mortgage broker in the Philippines — to assist aspiring homebuyers in processing their bank loans. With this partnership, AboitizLand aims to help Filipinos make their dream home a reality.

Housing loans made simple

Traditionally, applying for home loans required many trips to several banks, with the application process taking months. With the COVID-19 pandemic, this process became daunting for many. This is where Nook comes in.

Nook works with the biggest banks in the country — including BDO, UnionBank, BPI, China Bank, RCBC and AUB — with the goal of making home loans simple.

"With its main goal of making the journey to finding one's dream home easier, AboitizLand is constantly innovating ways to fulfil this mission even amid a pandemic. This partnership with Nook is something that we are all looking forward to. Having Nook on board, our vecinos and aspiring homebuyers can fully enjoy their home-buying journey with a convenient and stress-free home loan application, all at no cost to them. Most importantly, vecinos will be matched with the right mortgage product for their individual financial situation."

— Monica Trajano, AboitizLand Vice President for Residential Operations

With Nook, prospective borrowers can save so much time and effort, as they are no longer required to shop around and compare bank loans and requirements themselves. Nook's fully digital, proprietary technology helps aspiring homebuyers get matched with the right home loan programs in minutes — and a dedicated Nook loan consultant then runs the entire application end to end, so borrowers never have to deal with a bank directly.

"At Nook, we're excited to be joining AboitizLand in our combined efforts to make the home-buying experience more modern and convenient for Filipino families. Due to the pandemic, there is a greater awareness of the benefits of utilising technology and adopting global ideas, such as mortgage brokering. Through this partnership, Nook and AboitizLand will help make the home loan process simple for aspiring home-buyers and vecinos."

— Chris Elder, Nook Chief Executive Officer

Innovating ways to lead you home

The disruptions and challenges brought by the COVID-19 pandemic opened doors for opportunities and innovation. AboitizLand embraced these changes and launched a digitisation campaign to steer homebuyers on their journey to becoming fully-fledged homeowners, making the home-buying process a worthwhile experience. By partnering with platforms like Nook, AboitizLand provides a more seamless home-buying journey to aspiring homebuyers and vecinos.

Through its proprietary Vecino app, social media platforms and responsive website, AboitizLand streamlines the contactless home-buying process — making it easier for buyers and sales partners to search for a property, reserve a unit, submit documentary requirements, complete monthly amortisations, apply for a housing loan and turn over a unit.

AboitizLand invests in digital tools and platforms to meet property seekers' demands whenever and wherever they need them. Despite the challenges of the COVID-19 pandemic, aspiring homeowners can successfully make their dream home a reality.

AboitizLand, Inc. officially signed a deal with Nook, the first and only mortgage broker in the Philippines, to assist aspiring home buyers in simplifying their home financing.

About Nook

Nook is the Philippines' original and award-winning mortgage broker, founded in 2020. Nook compares 20+ banks for you, matches you to the lender most likely to approve you at the sharpest rate, and a dedicated loan consultant handles your entire home loan application end to end — so you never deal with a bank directly. It's 100% free for the borrower; the bank pays Nook a commission once your loan is released. Nook is on a mission to help 1,000,000 Filipino families buy their own home, and was Awarded Best Mortgage Broker Philippines by the Pan Finance Business Awards.