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How to Get a Home Loan Even if You Are An OFW or Based Overseas

How to Get a Home Loan Even if You Are An OFW or Based Overseas

Nook Admin – December 29, 2021

The Problem

The goal of many OFW's is to buy a home back in the Philippines, work for a few years to pay back the home loan, and then retire in their dream house.

It's a great goal to have and one that millions aspire to. And it makes perfect sense.

The problem is that banks in the Philippines don't exactly make the home loan process easy, especially for OFW's.

Many OFW's think they will need to return home for a few months to complete the home loan process and others miss out on buying a property because the process was too difficult while overseas.

The Example

This was the case for Maria......Maria is a Filipina living in Italy.

Recently, she was trying to buy a house back in Manila but was having a hard time dealing with banks to get her housing loan.

Some banks said she didn't qualify for the loan.

Other banks just simply didn't get back to her.

Maria thought her dream of buying a home was slipping away and her situation was very stressful.

Then Maria discovered Nook.

She learned that Nook is the Philippines first mortgage broker and that meant that Nook helps borrowers get a home loan with a major bank much faster and easier.

She also learned that Nook's service is absoluely free of charge because it's the bank that pays Nook for the new loan customer.

So Maria thought - it's not going to cost me anything, so I'll give Nook a try.

Maria reached out to Nook and started working with Mabelle - one of Nook's Home Loan Consultants.

Mabelle reviewed Maria's current situation and discovered she had been applying to the wrong banks for her circumstances and started working with another bank to get her home loan approved.

Within a short time....Maria was approved.

When Mabelle called Maria to give her the good news it was only 4:00am in Italy.

After telling her she was approved, Maria almost started to cry.

She said "I am the first person in my family to buy a house. Thank you so much!".

The Solution

And this is what we do at Nook.

We're the Philippines first mortgage broker.

If you're based overseas in countries such as the US, Australia, the UK, and many more .... you probably already know what a mortgage broker does.

We help home loan borrowers find the right home loan and get it approved from a major bank for free.

We do all the work with you online so there's no need to travel home.

We guide you through the whole home loan process and our team do all the bank communication for you, saving you hours of phone calls and follow ups.

Closing

So, if you’re looking to get started on your home loan journey and what to avoid common problems OFW's face, reach out to Nook by visiting us at nook.com.ph

And follow us on all the social media platforms follow or Like us on facebook, instagram, YouTube or twitter, to keep up to date on important information to ensure you're able to buy your dream home.

And finally, if you got value from this video today, please share it with just one person you know. We would appreciate that.

See you next time.

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Welcome to the future of loans

Get Pre-Qualified

Create an Account

We’re Making Loans Simple

Company

Support

Auto Loans

Home Loan

Personal Loan

© 2024 Nook. All rights reserved

Terms | Privacy