EastWest Bank offers some of the most competitive housing loan rates in the Philippines — starting at 5.99% p.a. for a 1-year fixed period. Apply through Nook for free and get expert guidance every step of the way.
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Why this matters
EastWest Bank is one of the Philippines' fastest-growing universal banks, and its housing loan product is built for flexibility. Whether you're buying a ready-for-occupancy unit, refinancing an existing loan, or tapping your home equity for renovations, EastWest offers fixed-rate periods from 1 to 7 years — letting you choose the level of rate certainty that fits your budget and plans. Their 1-year fixed rate of 5.99% p.a. is among the sharpest in the market right now, while longer fixed terms like 3-year (6.25%) and 5-year (6.49%) give you more stability if you prefer to lock in and forget. For borrowers curious about what documents and eligibility criteria are involved, the EastWest Bank housing loan requirements guide walks you through everything you'll need to prepare.
One of EastWest's standout features is its accessibility. With a minimum qualifying monthly income of just 40,000 pesos, the bank accommodates a wide range of borrower profiles — including private and government employees, BPO workers, OFWs, seafarers, self-employed individuals, and licensed professionals. Typical loan approval takes around 19 banking days, which is competitive for a full-service bank, and EastWest's maximum debt-to-income ratio of 40% gives most applicants a realistic shot at qualifying even with existing obligations.
When you apply through Nook, you get access to EastWest Bank's housing loan alongside offers from multiple other lenders — all at zero cost to you. Nook's licensed mortgage brokers handle the comparison, paperwork coordination, and follow-ups so you don't have to chase the bank yourself. If you're refinancing from another bank and want to know what the process looks like end-to-end, Nook makes it straightforward and stress-free. Note that all interest rates are subject to change without prior notice — always verify current rates with EastWest Bank or through Nook before making a financial decision.
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
EastWest Bank currently offers housing loan rates starting at 5.99% p.a. for a 1-year fixed period, 6.25% for 3-year fixed, 6.49% for 5-year fixed, and 7.00% for a 7-year fixed period. These rates apply to standard home purchase and refinancing loans. Rates are subject to change, so it's best to confirm the latest figures through Nook or directly with EastWest before you apply.
EastWest Bank accepts borrowers from a wide range of employment backgrounds, including private and government employees, BPO workers, OFWs, seafarers, self-employed individuals, and licensed professionals. The minimum qualifying monthly income is 40,000 pesos, and your total monthly debt obligations (including the new loan) should not exceed 40% of your gross monthly income. You'll also need to meet standard age and property requirements.
EastWest Bank's housing loan can be used for a variety of purposes: purchasing ready-for-occupancy (RFO) or pre-selling properties, buying foreclosed assets, refinancing an existing home loan, funding new construction, covering renovation costs, or accessing your home equity via a home equity loan at 6.25% p.a. This flexibility makes EastWest a strong option whether you're a first-time buyer or an existing homeowner looking to optimise your financing.
EastWest Bank typically processes housing loan applications in approximately 19 banking days from the time all required documents are submitted. This timeline can vary depending on the completeness of your documents and the complexity of your application. Applying through Nook helps speed things up because our team reviews your file before submission to minimise back-and-forth with the bank.
Applying through Nook is completely free — Nook earns a referral fee from the bank, not from you. You simply fill out a short profile on nook.com.ph, and Nook's mortgage specialists will compare EastWest Bank's offer against other lenders to find you the best rate. If you want to get a head start on your paperwork, the EastWest Bank housing loan requirements checklist covers all the documents you'll need to prepare.
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