Metrobank housing loan requirements are straightforward — but before you apply, it's worth knowing whether your current rate is costing you more than it should. Nook can help you compare and potentially save thousands every month.
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Why this matters
Metrobank is one of the Philippines' largest and most established banks, and its housing loan products are a popular choice for Filipino homebuyers. For 2026, Metrobank's standard home loan interest rates are typically in the 7% to 9% range depending on the fixing period, loan amount, and borrower profile — though exact rates are subject to change and should be verified directly with the bank. Basic eligibility requirements include Filipino citizenship or qualified foreign nationals, a minimum age of 21 (not exceeding 65 at loan maturity), stable income from employment or a registered business, and a clean credit history. Required documents generally cover valid government-issued IDs, proof of income (payslips, ITR, or audited financial statements for the self-employed), and complete property papers such as the Transfer Certificate of Title (TCT) and tax declaration. For a complete checklist for both salaried and self-employed applicants, we've broken down every requirement in detail.
While gathering your Metrobank requirements, it's also the right moment to ask a more important question: are you already paying a Metrobank home loan at a rate higher than necessary? Many Filipino homeowners locked in rates of 8%, 9%, or even 10% several years ago and haven't revisited their options since. Through Nook — the Philippines' first digital mortgage broker — you can compare verified refinancing rates from multiple partner banks and potentially refinance to as low as 5.99% p.a., completely free of charge. On a 3,000,000 peso loan with 20 years remaining, the difference between an 8.50% rate and 5.99% can mean saving over 3,800 pesos every single month.
Whether you're applying for a new Metrobank housing loan or already have one, understanding the full landscape of home loan options in the Philippines puts you in a stronger position. Nook's service is 100% free to borrowers — we're paid by the banks, not you. There's no obligation to switch, and our team can walk you through your options with no pressure. Note: All interest rates mentioned are approximate, based on publicly available information, and subject to change. Always verify current rates directly with Metrobank or a licensed financial adviser before making any borrowing 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
Applicants must be Filipino citizens (or qualified resident foreign nationals), at least 21 years old, and no older than 65 at the time the loan matures. You must have a stable source of income — whether from regular employment, a registered business, or overseas remittances — and a satisfactory credit history with no major defaults.
You'll typically need two valid government-issued IDs, a duly accomplished application form, proof of income (payslips and Certificate of Employment for salaried workers, or ITR and audited financial statements for the self-employed), and complete property documents including the Transfer Certificate of Title, tax declaration, and a vicinity map. For a full checklist of Metrobank housing loan requirements, refer to our dedicated guide. Requirements may vary depending on the type of property and your borrower profile, so it's best to confirm the latest list directly with Metrobank.
Based on publicly available information, Metrobank's housing loan rates generally range from approximately 7% to 9% per annum, depending on the loan amount, fixing period chosen, and the borrower's profile. These rates are indicative and subject to change — you should contact Metrobank directly or visit a branch for the most current and personalised rate quote.
Yes — if your current Metrobank loan is beyond its lock-in period, you may be eligible to refinance to a lower rate, either with Metrobank or through another lender. Through Nook, you can compare refinancing options from multiple Philippine banks at no cost to you, with rates starting from 5.99% p.a. Many homeowners save thousands of pesos per month simply by refinancing an old, higher-rate loan.
Metrobank's standard processing time is typically around 10 to 15 banking days from the date of submission of complete documents, though this can vary depending on the complexity of the application and property involved. Ensuring all your documents are complete and accurate before submission is the best way to avoid delays. If you're comparing lenders, Nook's partner banks also offer streamlined digital processes that can be faster for eligible borrowers.
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