Homeowners at DMCI Lumiere Residences on Shaw Boulevard are still paying 8–9% interest on their condo loans — refinancing through Nook could drop that to 5.99% p.a. and save you tens of thousands every year.
LUMIERE RESIDENCES OWNER SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
DMCI Lumiere Residences is one of Pasig's most sought-after mid-rise developments, offering resort-inspired living just steps from Shaw Boulevard and the Ortigas central business district. If you took out your home loan when you first moved in — or assumed the developer's in-house financing — there's a very good chance you're still locked into a rate of 8% to 9.5%. That may have felt competitive at the time, but the market has moved, and you deserve better. Refinancing replaces your existing loan with a new one at a significantly lower rate, reducing your monthly amortisation and freeing up real cash every single month.
The process is simpler than most Lumiere owners expect. Nook works as a digital mortgage broker, comparing offers from BDO, BPI, Metrobank, Security Bank, RCBC, and more — all in one place. We handle the paperwork, coordinate with your current lender for loan redemption, and guide you through every step at zero cost to you. Our service is completely free for borrowers; we earn a placement fee from the bank only when your loan is successfully released. Condo units in well-managed DMCI developments like Lumiere tend to appraise well, which strengthens your refinancing application and can unlock even better bank terms. If you're also exploring options in nearby premium corridors, our guide to best home loan rates in Makati offers useful context on how lenders price urban condo mortgages across Metro Manila.
For a 3,000,000-peso outstanding balance on a 20-year remaining term, the difference between 8.50% and 5.99% translates to over 4,600 pesos back in your pocket every month. That's more than 55,000 pesos annually — money that could go toward your child's tuition, emergency savings, or even a unit upgrade. Homeowners at comparable DMCI and vertical communities across the metro are already making the switch. If you're curious how refinancing stacks up for other premium developments, see how owners at Two Serendra Red Oak in BGC are approaching the same decision. Start your free Nook assessment today and find out exactly how much your Lumiere unit could save you.
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 — in fact, transitioning from DMCI in-house financing to a bank loan is one of the most impactful moves you can make. In-house developer rates are typically higher than bank rates, so refinancing to a bank through Nook almost always results in a lower monthly payment. You'll need a clean payment history and to have passed the required equity threshold, which Nook can help you assess.
Most major Philippine banks with mortgage programs — including BDO, BPI, Metrobank, Security Bank, and RCBC — actively lend on condo units in Pasig and the Ortigas corridor. Lumiere Residences, as a DMCI project with a solid track record, is generally well-regarded by bank appraisers. Nook submits to multiple lenders simultaneously so you get competing offers without the legwork.
Most refinancing applications through Nook are completed within 4 to 8 weeks, depending on how quickly documents are gathered and how fast the bank's appraisal team can visit the unit. DMCI developments are familiar to most bank panels, which can help speed up the process. Nook assigns you a dedicated mortgage specialist to keep things moving.
Bank appraisals for Lumiere units typically reflect current market values in the Pasig–Shaw Boulevard area, which have generally appreciated since the project's completion. The appraised value affects how much the bank is willing to lend, usually up to 80% of the appraised value. If your outstanding loan is well below that threshold, you're in a strong position to refinance on favourable terms.
Yes, completely free. Nook does not charge borrowers any broker fees, consultation fees, or application fees at any stage. We earn a referral fee from the bank only after your loan is successfully released, so our incentive is fully aligned with getting you the best possible outcome. You keep all the savings.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →