RCBC offers a 1-year fixed refinance rate of 7.00% p.a. — but through Nook, eligible borrowers can access rates as low as 5.99% p.a. and save thousands every month.
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Why this matters
RCBC is one of the Philippines' most established home loan lenders, and their refinancing program is genuinely competitive — with a 1-year fixed rate starting at 7.00% p.a. and a home equity option at 8.00% p.a. But if you took out your home loan two, five, or ten years ago at a higher rate, there's a good chance you're still paying significantly more than you need to. Refinancing to RCBC — or from RCBC to another competitive lender — could cut your monthly payment by thousands of pesos. See the full RCBC housing loan requirements and eligibility criteria for 2026 to understand what you'll need before you apply.
Through Nook, refinancing is completely free for borrowers. We work with RCBC and a panel of other leading Philippine banks to find you the best available rate based on your loan amount, remaining term, employment type, and financial profile. RCBC accepts applications from private employees, OFWs and seafarers, self-employed professionals, and business owners — with a minimum monthly income requirement of 50,000 and a maximum debt-to-income ratio of 30%. Typical approval takes around 49 days. If you're weighing your options, you can also review our dedicated RCBC housing loan refinance guide for a deeper look at the process.
The savings add up fast. On a 3,000,000 loan with 20 years remaining, switching from a 9.00% rate to 5.99% could save you over 4,000 pesos every single month. That's more than 800,000 pesos over the life of your loan — money that stays in your pocket instead of going to your bank. Nook handles the paperwork, coordinates with the bank, and keeps you updated every step of the way. All you need to do is get your free quote. Note: interest rates are subject to change — verify current rates with RCBC or through Nook before submitting your application.
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
RCBC currently offers a 1-year fixed refinancing rate starting at 7.00% p.a., with a home equity loan option at 8.00% p.a. These rates are subject to change, so we recommend confirming the latest figures through Nook or directly with RCBC before applying.
RCBC accepts refinancing applications from private employees, OFWs and seafarers, self-employed individuals, and licensed professionals. You'll need a minimum monthly income of 50,000 pesos and a debt-to-income ratio of no more than 30%. Your property must also meet RCBC's appraisal and documentation requirements.
RCBC's typical approval timeline for refinancing is around 49 days from the time your complete application is submitted. Having all your documents ready upfront — including your existing loan statement, property title, and income documents — will help avoid unnecessary delays.
Yes — Nook can help you refinance your current RCBC loan to a better rate, either with RCBC itself or with another partner bank offering lower rates. We compare options across our full panel of lenders and present you with the best match for your situation, all at zero cost to you.
Standard requirements include a valid government-issued ID, proof of income (payslips or ITR), your latest home loan statement of account, the Transfer Certificate of Title (TCT), and a copy of your property's tax declaration. For a complete checklist, refer to the RCBC housing loan requirements guide to make sure you have everything ready before you apply.
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