Already banking digitally with CIMB? Make your home loan work just as hard — refinance to as low as 5.99% p.a. and keep more money in your pocket every month.
YOUR POTENTIAL SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
CIMB Bank Philippines made waves as a fully digital bank, and many Filipinos embraced it for its app-first experience and competitive deposit rates. But when it comes to home loans, CIMB's mortgage products — like those of many challenger banks — may not always offer the most competitive long-term refinancing rates. If you took out a home loan in the last few years and your rate is sitting above 7%, you could be leaving tens of thousands of pesos on the table every year. Nook gives you access to refinancing offers from across the Philippine banking landscape, so you're not locked into one lender's terms.
Switching your home loan doesn't mean giving up the digital convenience you love. Through Nook, the Philippines' first digital mortgage broker, you can compare refinancing options from major banks and find a rate as low as 5.99% p.a. — all without paying a single peso in broker fees. Our process is handled online, with a dedicated advisor to guide you through every step. Check out the latest mortgage interest rates in the Philippines to see how much room there is between what you're paying now and what's available in the market today.
Whether you originally took out your loan with CIMB or another lender, refinancing is one of the most powerful financial moves a homeowner can make. On a 3,000,000 peso loan with 20 years remaining, even shaving 2.5 percentage points off your interest rate can save you over 800,000 pesos across the life of the loan. Nook handles the legwork — from comparing bank offers to preparing your application documents — so you can make a confident, well-informed switch. If you're also evaluating other banks, our BPI housing loan requirements guide is a helpful reference for understanding what Philippine banks typically ask for.
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
Yes, absolutely. Nook works with a wide panel of Philippine banks and can help you refinance away from any existing lender, including CIMB Bank. We'll find you the most competitive rate available based on your loan balance, property value, and financial profile.
Savings depend on your current rate and remaining loan balance, but homeowners paying 8% or more on a 3,000,000 peso loan can potentially save over 4,500 pesos per month by switching to a 5.99% p.a. rate. That adds up to more than 800,000 pesos over a 20-year term.
Yes, Nook's service is 100% free for homeowners. Nook is compensated by the bank when your refinancing is approved, so there is no broker fee, no consultation fee, and no hidden charges on your end.
The typical refinancing process in the Philippines takes 4 to 8 weeks from application to loan release, depending on the bank and how quickly documents are submitted. Nook helps keep things moving by guiding you through each requirement and following up with lenders on your behalf.
Standard requirements include a valid government ID, proof of income (payslips or ITR), your existing loan statement of account, and property documents such as the Transfer Certificate of Title (TCT) and tax declaration. Nook will provide you with a personalised checklist once you start your application.
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