Pueblo de Oro taps digital platform for homebuyer loans

Pueblo de Oro Development Corp. (PDO), the residential development arm of the ICCP Group, is harnessing digitalization to make the process of loan applications easier for its customers.

Pueblo de Oro has signed a partnership agreement with Snapp Ventures Inc. (SVI), owner and operator of the mortgage brokerage system Matchmo—an online platform that digitalizes the process of home loan applications for home buyers and real estate professionals alike.

SVI, through Matchmo, assists potential borrowers in submitting and processing their loan applications with Matchmo’s network that include 21 of the country’s leading local banks.

“With the partnership. Pueblo de Oro offers an additional option to buyers of our properties nationwide through Matchmo’s partner financing institutions,” said PDO president and COO Rhoel Alberto Nolido, who signed the agreement with SVI president and COO Kevin Christian Carreon.

The company also sees that the Matchmo digital platform will make the often-tedious process of loan application, documentation, and approval much easier and smoother for its customers.

Pueblo de Oro has seen its customer base grow and foresees the number of property buyers to increase as it develops more high quality and affordable housing projects in high-growth areas, including Pampanga, Batangas, Cebu and Cagayan de Oro.

Pueblo de Oro has been developing mixed-used townships and residential projects for more than 25 years in different parts of the country such as Cagayan de Oro; Malvar and Sto. Tomas in Batangas; San Fernando, Pampanga; and Mactan in Cebu.