Homeowners at Alder Residences are saving thousands every month by refinancing to rates as low as 5.99% p.a. — and Nook's service is completely free.
ALDER RESIDENCES ESTIMATED SAVINGS
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Why this matters
DMCI Alder Residences is one of Pasig's most sought-after mid-rise developments — well-located, well-built, and a strong asset on any balance sheet. But if you took out your home loan more than two or three years ago, the interest rate attached to that loan is likely costing you far more than it should. Most Filipino homeowners with bank-financed DMCI units are still carrying rates between 7.50% and 10%, often locked in at re-pricing periods that never quite worked in their favour. Refinancing means replacing that old loan with a new one at a significantly lower rate — and right now, the best rates available through Nook sit at 5.99% p.a.
The process is simpler than most Alder Residences owners expect. Nook works as your digital mortgage broker, comparing offers across BDO, BPI, Metrobank, Security Bank, RCBC, and other leading Philippine lenders to find the deal that fits your specific loan balance and remaining term. You don't need to approach each bank individually or decode the fine print alone — Nook handles the legwork and the negotiation on your behalf, at zero cost to you. If you're also exploring options in other parts of Metro Manila, it's worth checking how rates compare for BGC condo owners refinancing nearby, as the same competitive rates apply across the metro.
For a typical Alder Residences unit with a remaining loan balance of around 3,000,000 pesos and 20 years left on the term, moving from 8.50% to 5.99% translates to savings of over 4,500 pesos every single month. That's money that stays in your pocket rather than going to your bank. The sooner you refinance, the more interest you avoid — and with Nook's free consultation, there's no reason to wait. Many homeowners across Pasig and the broader DMCI portfolio have already made the switch and are paying materially less each month as a result.
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
It depends on your specific loan agreement — most Philippine bank home loans include a lock-in period of one to three years during which early repayment penalties apply. Once that period has passed, you're free to refinance without penalty. Nook can review your current loan terms and help you calculate whether refinancing now or waiting until lock-in ends makes better financial sense for you.
Rates vary across lenders and are influenced by your loan-to-value ratio, credit history, and remaining term, but BPI, Security Bank, and BDO are consistently competitive for condo refinancing in Pasig. Nook compares live offers from multiple banks simultaneously so you get the best available rate without having to approach each institution yourself. The lowest rate currently available through Nook is 5.99% p.a.
Nook's mortgage brokering service is completely free for borrowers — the platform earns a referral fee from the bank, not from you. You will still need to budget for standard bank processing fees and documentary stamp tax associated with the new loan, but Nook will give you a clear breakdown of these costs upfront so there are no surprises.
From initial application to loan release, refinancing typically takes four to eight weeks depending on the bank and how quickly documents are submitted. DMCI properties like Alder Residences are well-regarded by Philippine lenders, which generally makes the appraisal and approval process straightforward. Nook guides you through each step to keep things moving as efficiently as possible.
You'll typically need your original Transfer Certificate of Title (TCT), the latest Statement of Account from your current lender, proof of income (payslips or ITR for the past two years), a valid government-issued ID, and a copy of your Condominium Certificate of Title (CCT) if applicable. Nook provides a complete document checklist tailored to your situation when you begin your free consultation, so you'll know exactly what to prepare from day one.
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