Manila, Philippines — We’ve heard it all before: the future is digital. But we may only be understanding the gravity of this statement now that we’re going through a global health crisis. Nearly all aspects of life have changed dramatically as the whole world finds ways to adapt to what appears to be the new normal.
Specifically in the Philippines, the government has imposed an enhanced community quarantine that restricts non-essential travel for at least a month. With limited movements and interactions, Filipinos have turned to digital solutions to get by. There has been a significant rise in online platforms that help Filipinos not only for work, but also for leisure and well-being.
We’re all finding our own ways to be more creative, productive, efficient, and connected. Aside from the increase in usage of messaging and video conferencing apps, there has also been an increase in demand for delivery services and online availability of services that range from payment, fitness, education, and more. Filipinos are realizing the endless possibilities a digital lifestyle entails (just like that face-to-face meeting that could have been an email!)— and one of it is the first online mortgage broker in the Philippines: Nook.
Nook, which officially launched in the Philippines last January, is an online platform that provides Filipinos a smooth and easy home loan application process. Through its partnership with the top eight commercial banks in the Philippines, Nook gives prospective home buyers a hasslefree experience of reviewing and choosing the financing option that fits their needs.
Getting pre-qualified for a home loan from a bank, which usually takes days, will only take minutes on Nook. And even better, it’s all free of charge!
Through Nook, the process of applying for a home loan is made accessible and more convenient for its users
To help ensure you are financially prepared for an investment like a home loan, Nook also provides an online calculator for monthly repayments and borrowing power. With Nook, Filipinos can go through the entire home loan application process at the comfort and safety of their homes.
The Nook website lets you calculate your borrowing power based on your net income, rate of interest, and tenure
Nook exemplifies how shifting to digital is a good change to embrace. More efficient processes leave us with more time on our hands for other activities. At the same time, financial realizations are brought about by the current situation. It teaches us to be more prepared, and how it helps to manage our finances better such as having investments.
