Online property marketplace Bahai Deals to offer end-to-end mortgage processing

Startup builder Talino Venture Studios has partnered with Rizal Commercial Banking Corp. (RCBC) to provide an end-to-end mortgage processing within its online property marketplace Bahai Deals.

With this, potential home buyers—initially the Filipino diaspora market in the US and Canada—can access loan pre-approval, application, and processing, "removing traditional barriers to homeownership and enabling a faster, more convenient path to property acquisition," according to Talino president and CEO Winston Damarillo.

Damarillo said Bahai Deals is an AI-powered, end-to-end property technology solution aimed at simplifying real property investments for global Filipinos, providing them access to property listings, financing, and sales processing.

He said that the AI-powered online property marketplace uses smart property matching, which personalizes listing results based on the buyer’s lifestyle, budget, and other goals. 

It also features sales process automation for lead generation and acceptance of multiple payment types, and an end-to-end financing and mortgage enabled by RCBC.

“We can further harness the opportunity to expand our local builders’ access to the global Filipino market, who are some of the most capable investors in the world,” said Damarillo.

Damarillo said the Bahai Deals website will be fully launched in June or July this year alongside an information roadshow in the US and Canada.

“For builders, selling through Bahai Deals would cost them way less than other options; and for our hardworking global Filipinos, this is where they could find properties with the lowest possible price from the best real estate companies in the country,” he said.

For his part, RCBC executive vice president and chief innovation and inclusion officer Lito Villanueva said that the bank’s partnership with Talino “[will enable] global Filipinos to access seamless, secure, and affordable home loan solutions wherever they are in the world.” — BM, GMA Integrated News