If you have a Maya Bank home loan, you could be paying more than necessary. Nook connects you to traditional lenders offering rates as low as 5.99% p.a. — and our service is completely free.
YOUR POTENTIAL SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
Maya Bank has built a reputation as a forward-thinking digital financial platform, but when it comes to home loan rates, innovation doesn't always translate into savings. Many Filipino homeowners who took out a Maya Bank home loan are now finding that established mortgage lenders — banks like BPI, Security Bank, BDO, and Metrobank — are offering significantly more competitive rates for refinancing. With current mortgage interest rates in the Philippines reaching as low as 5.99% p.a. through Nook, the gap between what you're paying now and what you could be paying is very real money.
Refinancing from Maya Bank to a traditional lender doesn't mean giving up the convenience you value. Nook's digital-first process is designed for tech-savvy homeowners — you can submit documents, track your application, and compare offers entirely online. We do the heavy lifting of approaching multiple banks on your behalf, so you get competing offers without having to visit a single branch. If you're unsure which lender fits your profile, our mortgage specialists will walk you through the requirements, whether that's BPI's housing loan checklist or another top-tier bank.
The best part? Nook's refinancing service costs you absolutely nothing. We're compensated by the banks, not by you, which means every peso of your savings stays in your pocket. On a 3,000,000 loan with 20 years remaining, switching from an 8.50% rate to 5.99% can save you over 800,000 in total interest — that's a meaningful difference to your family's financial future. The process typically takes four to eight weeks, and our team supports you every step of the way until your new loan is fully released.
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 refinance a Maya Bank home loan to any accredited bank or financial institution in the Philippines. The process is called loan take-out or refinancing, and it involves your new lender paying off your existing Maya Bank balance while you begin repaying the new lender under better terms. Nook helps you compare multiple lenders at once to find the most competitive rate for your situation.
Most Philippine home loan agreements include an early repayment or pre-termination fee, typically applied within the fixed-rate lock-in period. You should review your Maya Bank loan agreement or contact them directly to confirm the exact penalty amount. Nook's specialists can help you calculate whether the savings from refinancing still outweigh any exit fees — in most cases they do by a significant margin.
From application to loan release, refinancing typically takes four to eight weeks depending on the receiving bank's processing speed and how quickly documents are submitted. Nook keeps the process moving by coordinating between you and the bank, chasing approvals, and flagging any missing requirements early. Staying responsive to document requests is the single biggest factor in keeping timelines short.
Standard requirements include a copy of your existing loan statement, proof of income (payslips or ITR for the past two years), a copy of the Transfer Certificate of Title, tax declaration, and government-issued IDs. The exact checklist varies by receiving bank — for example, BPI and Security Bank have slightly different requirements. Nook provides you with a tailored document checklist once you submit your details.
Yes, Nook's service is 100% free to you as the borrower. Nook earns a referral fee from the bank that approves your loan, similar to how real estate brokers are compensated by property sellers rather than buyers. You receive unbiased advice and full access to Nook's lender network without paying any consultation or processing fees.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →