MANILA, PHILIPPINES - MAY 2020. Nook, the Philippines’ first online mortgage broker, partners with Moneymax to help Filipinos find and get approved for the right home loan. Nook was founded in 2018 and its partnership with Moneymax is a first for both online platforms.
Making home loan applications simple and free
Online mortgage brokers may be new to Filipinos, but their role in the Philippine housing market can surely make an impact. So how does a platform like Nook work?
Similar to Moneymax, Nook partners with leading banks in the country to act as an intermediary between them and borrowers. Through its website, Nook helps Filipinos choose the right home loan, ultimately guiding them from application to approval.
Apart from making the home loan process faster and more convenient, Nook also helps users save money by allowing them to compare and apply for a loan without charge. Nook’s services are all free and online.
Read more:
- What is the Best House Type for My Family?
- 9 Tips to Get Your Bank Housing Loan Application Approved
Working together to help Filipinos with their home financing needs
It only makes sense for Nook to partner with Moneymax as both companies aim to educate Filipinos on how to make smarter financial decisions.
“Getting a home loan is a major financial decision in someone’s life. Moneymax and Nook will make it easy for every Filipino to compare and apply for the best home loan with a click of a button,” shares Munmun Nath, Moneymax’s Managing Director for Marketing.
“We are excited about this strategic partnership with Moneymax and to drive our common mission of helping Filipinos lead healthier financial lives,” says Chris Elder, CEO of Nook.
Through this strategic partnership, Moneymax will help Nook educate Filipinos about home loans: from finding the right bank, preparing the requirements, and getting approved. Moneymax will do this through articles and infographics that will be published on their website, newsletter, and social media accounts.
Apart from educating Filipinos on home loans, Moneymax and Nook’s partnership will also provide borrowers with financing solutions that can well adapt to the new normal. No need to go outside as borrowers can process all of their home financing needs online. This is ideal for newly-married couples, OFWs, retired individuals, and anybody else who is looking to acquire a better and safer home for their families.
To learn more about Nook, visit www.nook.com.ph, and follow their Facebook (www.facebook.com/NookPhilippines) and Instagram (www.instagram.com/nookphilippines) pages. Also, don’t forget to regularly visit the Moneymax blog to read more about the partnership.
About Moneymax
Moneymax is the largest personal finance marketplace in the Philippines with over 3 million visits per month. The company drives financial inclusion in the country through its free and impartial online platform that enables Filipinos to compare, apply for, and secure products such as car insurance, credit cards, and loans. Users also receive exclusive rewards on every qualified transaction made through Moneymax.
Promoting financial literacy is core to Moneymax’s mission, and it does so through educational content on its blog, email, and social media channels.
Established in 2014 as part of MoneyHero Group, Moneymax is registered with the Securities and Exchange Commission under the legal name Moneyguru Philippines Corporation. Its wholly-owned subsidiary, MoneyHero Insurance Brokerage, Inc., is a licensed insurance broker in the Philippines.
To know more about Moneymax, browse www.moneymax.ph. For other updates and information, follow Moneymax on Facebook, Instagram, LinkedIn, and TikTok.
About MoneyHero Group
Founded in 2014 and dual-headquartered in Singapore and Hong Kong, MoneyHero Group, formerly known as Hyphen Group or CompareAsia Group, is a leading personal finance aggregation and comparison company in Greater Southeast Asia, operating in Singapore, Hong Kong, Taiwan, the Philippines, and Malaysia with respective local market brands.
Learn more about how MoneyHero Group connects technologies, empowers people, and builds the future of finance at www.moneyherogroup.com.
About Nook
Founded in 2018, Nook is the Philippines’ first official mortgage broker. Through technology, the company acts as an intermediary between borrowers and major banks. They aim to help Filipinos finance their next home purchase without having to pay expensive fees. With this, Nook has partnered with some of the biggest banks in Southeast Asia to help make the home loan process simple and more convenient.
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