If you have a CIMB Bank home loan, there's a good chance you're paying more than you need to. Nook can help you refinance digitally and lock in rates as low as 5.99% p.a. — at zero cost to you.
ESTIMATED MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
CIMB Bank entered the Philippine market as a digital-first challenger, but when it comes to home loan rates, many existing borrowers find themselves locked into rates well above what the broader market now offers. If you took out your CIMB home loan in the past few years at a rate between 7.5% and 9%, you could be overpaying by tens of thousands of pesos every year. Refinancing means transferring your outstanding loan balance to a new lender at a lower interest rate — and with Nook, that process is handled entirely online, with no broker fees charged to you.
The Philippine refinancing landscape has become increasingly competitive, with major banks offering compelling rates to attract quality borrowers. By comparing multiple lenders at once through Nook, you avoid the time-consuming process of visiting each bank individually or deciphering fine print on your own. Nook's team handles document coordination, lender negotiation, and application tracking — so your main job is simply deciding which offer works best for your financial goals. You can also check current mortgage interest rates in the Philippines to see exactly how your CIMB rate stacks up against what's available today.
To refinance from CIMB, you'll typically need your latest Statement of Account, proof of income, a copy of your Transfer Certificate of Title, and your property's latest tax declaration. The process usually takes four to eight weeks from application to loan release, depending on the receiving bank's turnaround time. If you're also exploring your options with specific lenders, the BPI housing loan requirements guide is a useful reference for understanding what one of the Philippines' most competitive refinance destinations looks for in a borrower.
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, you can apply to refinance at any time, but it's important to check your CIMB loan agreement for any early repayment penalties or lock-in periods. Some lenders impose fees if you settle the loan within a certain number of years. Nook can help you weigh the penalty cost against your projected savings to confirm whether refinancing makes financial sense right now.
Through Nook, you can be matched with refinancing offers from major Philippine banks including BDO, BPI, Metrobank, Security Bank, RCBC, UnionBank, and others. The best offer will depend on your outstanding loan balance, remaining term, credit profile, and property location. Nook compares these options on your behalf so you can make an informed decision.
Nook's service is completely free for borrowers — there are no broker fees, consultation charges, or hidden costs. Nook earns a referral fee from the receiving bank only after your loan is successfully transferred. You will still need to budget for standard third-party costs such as appraisal fees, notarial fees, and registration charges, which are typical of any home loan transfer.
The typical refinancing timeline in the Philippines is four to eight weeks from initial application to loan release, though this varies by lender and the completeness of your submitted documents. Nook helps you prepare your documents correctly the first time, which reduces back-and-forth delays with the bank. Staying responsive to lender requests during this period is the best way to keep the process on track.
You will generally need your CIMB latest Statement of Account, recent payslips or audited financial statements if self-employed, a copy of your Transfer Certificate of Title, the latest Real Property Tax receipt, and a government-issued ID. Some banks may request additional supporting documents depending on your income structure or property type. Nook provides a personalised checklist once you submit your details so nothing gets missed.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →