Nook | We're Making Loans Simple

New Nook Logo - We're Making Loans Simple
  • Your Loans

    Choose the best loan type you can have for your needs.

    Know which type of housing loan you need to manage your finances.

    Need to buy something? Continue studying? Or going somewhere else?

    Other Links

    Get Pre-Qualified

    Find out if you qualify for a loan in just 3 minutes.

    Mortgage Brokering

    We help you with your loan transaction at no cost to you.

    Book Consultation Call

    Get expert advices from our loan consultants for free.

    Loan Calculators

    Check your financial capacity now.

  • Partners

    Join the many who made the best decision in providing their clients with the best home loan journey available in the country.

    Banking Partners

    Some of the biggest banks in the Philippines with the goal of making home loans simple.

    Strategic and Partner Developers

    In coordination with top developers, realty and service providers for B2B connections.

    Retail Partners

    Get discounts and exclusive deals during your home loan journey from these retails shops.

    Affiliate Program

    Refer your friends and family to become an affiliate and receive commission plus discounts for every successful referrals.

    Nook Home Loans - Affiliate Army
  • Latest News

  • About

    Know more about the Philippines' first mortgage broker, how we do it and why only we can do it.

    Nook App

    Transact more faster with your Nook loan consultant on our app.

    Our Process

    Processing your loan application can be done with our four simple steps.

    About Us

    Why we are the first and the only mortgage broker in the country.


    Join the Mortgage Brokering Industry Pioneer, Nook.

    Contact Us

    Chat to us now from our website and talk to a Live Agent.

    Help Center

    Tutorials and How-to guides when using Nook's technology.

Your Home Loan is Approved - What Happens Next?

Your Home Loan is Approved - What Happens Next?

Nook Admin – November 10, 2021

Transcript of the video

So imagine, you have applied for a home loan and the bank has now approved your loan. That’s great news! All the application work is done now right? No, not quite.

In this video we will discuss the often overlooked part of the home loan process - the post approval stage.

Hey Guys, I'm Cyrus from Nook - the Philippines mortgage broker. We will help you find the right home loan and get it approved by a major bank for absolutely no charge.

Now many people believe that once the home loan is approved they’re all set with their property purchase.

In this video I'm joined by Yssa from the Nook team to help explain that this is not quite the case with home loans and there’s still a lot of work to be done after getting your approval.


Hi Yssa!


Hi Cy. Thanks for having me.


So Yssa, a lot of people think that they just fill out a few forms, wait for the bank to approved the home loan, and they’re all set. But that’s not actually the case is it?


That’s right Cy, it’s not that straightforward. There is a lot of work that goes into getting the approval in the first place. But then there’s also a lot of requirements and things to be done after the approval is granted.

The amount of work to be done post approval will depend on a number of factors such as the type of home loan, the chosen bank, whether it is a ready for occupancy property from a developer, or a resale property from an individual. And more.


Right, so it’s not just a case of hearing the good news about the home loan approval and that’s the end of it.


[Slightly amused] No not at all. There’s still more documentation and a lot more liaising with the bank to get the loan paid out and settled.


So if I was going the home loan myself, I would need to do a lot more work to get the loan paid out and settled?


Yes, even with some assistance from other third parties, it would still be very time consuming for the borrower to handle the post approval process.

But with Nook, we do all the post approval steps to ensure the loan is paid out as fast as possible. Our team handle all bank correspondence and and guide the borrower every step of the way.

And there is constant text and email alerts to the borrower from Nook so they are never left wondering what is happening with their home loan.


Great, that sounds good. Thanks for joining us today Yssa.


No problem, any time.


So that's it. That’s an insight into the post approval stage of the home loan process.

Now, if you are looking for more home loan help, follow or Like us on Facebook, Instagram, YouTube and Twitter. Or visit us at

And 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.