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?

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    Get Pre-Qualified

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

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  • 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.

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

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  • About

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This Website Will Make It Easier for You to Buy a Property or Get a Home Loan

This Website Will Make It Easier for You to Buy a Property or Get a Home Loan

Nook Admin – January 26, 2020

Nook is a website that plans to change the way we purchase properties. Founded in Australia in 2018 by accountant and IT consultant Chris Elder, the site was primarily made to make mortgage brokering available online. A mortgage loan is significantly a foreign term in the Philippines, but simply put, it’s when the bank helps you acquire your desired property but the lender is the owner of the said property until the debt is fully paid. Versus a home loan, which is when the bank lends you the sum you need to purchase your desired equity but the amount is to be paid back with an interest rate. For a home loan, the property is considered as collateral and will be liquidated if the loan is not fully paid.

Chris Elder Nook Launch January 15 2020

With all the technicalities in getting these bank loans, Nook has made it easier by making the application and loan processing all done online. The website allows you to browse through different kinds of spaces—either for sale or rent—in all parts of the country, and then matches you with a home loan from the bank of your choice. This way you won’t need to do all the legwork required when canvassing for places.