BPI is offering some of its most competitive housing loan rates in years — as low as 6.50% fixed for 5 years. Find out if you qualify and how applying through Nook makes it completely free.
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Why this matters
If you took out a BPI housing loan two or more years ago, there's a good chance your interest rate is significantly higher than what's available today. BPI's current promo rates for 2026 — 6.70% for a 1-year fixed term and 6.50% for a 5-year fixed term — represent a real opportunity for homeowners to cut their monthly amortisation and redirect thousands of pesos toward other financial goals. Whether you're on a maturing fixed-rate period or simply looking to reduce your loan costs, now is a smart time to explore your options. Before you apply, make sure you have everything in order by reviewing the complete BPI housing loan requirements checklist for 2026.
Qualifying for BPI's discounted housing loan rates in 2026 requires meeting a few key criteria. BPI typically requires a minimum monthly income of 40,000 pesos, and your total debt obligations should not exceed 40% of your gross monthly income (known as your debt-to-income ratio). BPI accepts a wide range of borrower profiles — including salaried employees in the private and government sectors, BPO workers, OFWs, seafarers, self-employed individuals, and licensed professionals. Loan purposes covered include refinancing, home equity, new construction, pre-selling, RFO, resale, renovation, and even foreclosed properties, giving borrowers considerable flexibility.
Applying through Nook gives you a meaningful edge: our team handles the paperwork, compares BPI's current promo offers against other lenders, and guides you through the entire process — with zero broker fees charged to you. BPI's typical approval timeline runs around 52 days, so starting early ensures you lock in today's rates before they change. Note that all interest rates are subject to change and you should verify the latest figures before finalising your application. If you're also exploring ways to maximise your property's value, you may want to look into the BPI solar mortgage option, which lets you bundle solar panel financing with your home loan.
How it works
Enter your loan details into our calculator. Instantly see what banks are offering right now and how much you'd save each month. No personal information required.
If the numbers make sense, book a free call. Your consultant compares offers from 15+ banks — something that would take you weeks to do on your own — and recommends the best option for your situation.
We manage the entire application, documentation, and bank coordination. You sign where we tell you. Your new lower payment starts next month. Nook's service is completely free — we're paid by the receiving bank.
Common questions
BPI is currently offering a 6.70% per annum rate for a 1-year fixed term and 6.50% per annum for a 5-year fixed term on housing loans. These are among the most competitive rates BPI has made available in recent years, and they apply to both new borrowers and those refinancing an existing loan. Rates are subject to change, so it's best to confirm the latest figures directly or through a Nook advisor.
BPI accepts applications from a broad range of borrower types, including private and government employees, BPO workers, OFWs, seafarers, self-employed individuals, and licensed professionals. You'll need a minimum monthly income of 40,000 pesos and a debt-to-income ratio of no more than 40%. Meeting these thresholds puts you in a strong position to qualify for BPI's promo rates.
Yes — refinancing is one of the eligible loan purposes under BPI's housing loan program, meaning you can switch your current home loan to BPI and lock in the lower promo rate. This is especially beneficial if your existing rate is above 8% or your fixed-rate period is about to expire. Nook can help you assess whether refinancing to BPI makes financial sense for your specific situation.
BPI's typical approval timeline is around 52 days from the submission of a complete application. Having all required documents ready from the start is the best way to avoid delays. Nook's team will review your documents before submission to make sure everything is in order and your application moves as quickly as possible.
No — Nook's service is completely free for borrowers. You get the full benefit of a professional mortgage broker who compares lenders, handles paperwork, and negotiates on your behalf without paying a single peso in broker fees. Nook is compensated directly by the bank upon successful loan disbursement, so your cost is zero.
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