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AboitizLand Partners with Nook, Simplifying Home Financing

AboitizLand Partners with Nook, Simplifying Home Financing

Nook Admin – October 7, 2021

Having a good home is essential nowadays. The COVID-19 pandemic highlighted the need for a sanctuary, a healthy, safe and secured place. In addition to this, 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 is a challenging process, with many steps, considerations, and possible mistakes that many people aren’t familiar with. AboitizLand recognizes 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 into a reality.

Housing loans made simple

Traditionally, applying for home loans require many trips to several banks with the application process taking months. With the COVID-19 pandemic, this process can be daunting for many.

This is where Nook comes in.

Nook works with the biggest banks in the country including BDO, UnionBank, Bank of Commerce, BPI Family Savings Bank, China Bank, RCBC, Filidian 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,” says 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. Nook’s fully digital and proprietary technology helps aspiring homebuyers to be matched with the right home loan programs in minutes.

“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 utilizing 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,” says Chris Elder, Nook Chief Executive Officer.

Innovating ways to lead you home

The disruptions and challenges brought by the COVID-19 pandemic open doors for opportunities and innovation. AboitizLand embraces these changes and launches a digitization campaign to steer homebuyers on their journey to becoming a fully-fledged homeowner, making the home-buying process a worthwhile experience. By partnering with different 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 and other digital tools, 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 amortizations, apply for a housing loan and turnover a unit.

AboitizLand invests in digital tools and platforms to meet the property seekers’ demands whenever and wherever they need it. 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. Know more at https://partner.nook.com.ph/aboitizland/.

[L-R] Nook Executives: John Ver Martos, Business Development Manager; Chris Elder, CEO, and Leigh Kabingue, Operations Manager; AboitizLand Executives: Faith Hatamosa, Assistant Vice President for Finance, Monica Trajano, Vice President for Residential Operations; and Monique Angeles, Project Development and Management Group Head