Nook is the Philippines' first digital mortgage broker — we shop multiple banks at once to find you the lowest refinance rate, completely free of charge.
TYPICAL FILIPINO HOMEOWNER SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
Most Filipino homeowners took out their home loan when interest rates were high — and many are still paying rates between 7% and 10% without realising there are far better options available today. A Filipino mortgage broker like Nook does the legwork for you, comparing offers from BDO, BPI, Metrobank, Security Bank, RCBC, Chinabank, and more to find the rate that actually fits your financial situation. Instead of walking into one bank and accepting whatever they offer, you get a full market view — and the negotiating power that comes with it.
Refinancing your home loan is one of the most powerful financial moves a Filipino homeowner can make. On a 3,000,000 peso loan, dropping from 8.50% to 5.99% saves nearly 4,000 pesos every single month — that's money back in your pocket for your family, your savings, or your other goals. If you want to understand how the process works step by step, our complete guide to refinancing with a Filipino mortgage broker walks you through everything from eligibility to signing day.
What makes Nook different is that our service is 100% free to borrowers. We are compensated by the banks — not by you — so our only incentive is to find you the best possible deal. There are no hidden fees, no pressure tactics, and no obligation to proceed. Whether you are refinancing for the first time or switching banks for a better rate, comparing the best banks to refinance your home loan in the Philippines has never been easier. Submit your details online and our team handles the rest.
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
A mortgage broker acts as your representative, approaching multiple banks on your behalf to find the best home loan rate and terms for your specific situation. Instead of you spending weeks visiting different banks and filling out separate applications, Nook does all of that for you in one streamlined process. You get competitive offers side by side without the legwork.
Yes — Nook's service is 100% free to the borrower. We earn a referral fee from the bank when your loan is successfully processed, which means our interests are fully aligned with yours: we only succeed when you get a great deal. There are no consultant fees, no application charges, and no hidden costs on your end.
Nook works with a wide panel of Philippine banks including BDO, BPI, Metrobank, Security Bank, RCBC, Chinabank, PNB, EastWest Bank, and more. Having access to multiple lenders at once means you benefit from genuine competition for your business, which typically results in a lower rate than walking into a single bank on your own.
Savings depend on your current rate, loan balance, and remaining term — but many Filipino homeowners are paying 8% to 10% when rates as low as 5.99% per annum are available today. On a 3,000,000 peso loan with 20 years remaining, that difference can mean nearly 4,000 pesos in monthly savings and over 700,000 pesos saved over the life of the loan. Use our calculator to get a personalised estimate based on your own numbers.
The typical refinancing timeline in the Philippines is four to eight weeks from application to loan release, depending on the bank and the completeness of your documents. Because Nook prepares and submits your application correctly from the start, delays from missing paperwork are minimised. Our team guides you through every step so you always know where things stand.
Check your exact savings in 60 seconds. It's free and takes no commitment.
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