RCBC offers a 7.00% fixed rate for home loan refinancing — and Nook can help you switch banks, handle all the paperwork, and save you thousands every month, completely free.
YOUR POTENTIAL MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
If your home loan is currently with BDO, BPI, Metrobank, or another Philippine bank, there's a good chance you're paying a rate that made sense years ago but no longer reflects what's available in the market today. RCBC is one of the few banks actively competing for refinancing clients in 2026, offering a 1-year fixed rate of 7.00% p.a. — significantly lower than what many homeowners are currently paying. That difference, on a ₱3,000,000 loan, translates to nearly ₱5,000 saved every single month. Over the life of your loan, that's real money back in your pocket.
Refinancing to RCBC through Nook is straightforward. RCBC accepts applications from private employees, OFWs, seafarers, self-employed individuals, and professionals, with a minimum monthly income requirement of ₱50,000. Their typical approval timeline is around 49 days, and the loan can be used for refinancing your existing home loan, home equity takeout, or even reselling and RFO properties. Nook acts as your free mortgage broker throughout the entire process — we prepare your documents, coordinate with RCBC directly, and keep you updated every step of the way. You pay nothing for our service. For a deeper look at eligibility and what to prepare, see our complete guide to RCBC home loan refinancing rates and requirements.
The biggest mistake Filipino homeowners make is assuming switching banks is complicated or expensive. In most cases, the monthly savings from refinancing far outweigh any transitional costs — and Nook's job is to make sure that math works in your favor before you commit to anything. We compare RCBC against other Nook partner banks so you always end up with the best deal available, not just the most convenient one. If you want to understand how the full switching process works — from application to release — our step-by-step RCBC refinancing process guide walks you through every stage. Interest rates are subject to change; always verify current rates before proceeding.
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 rate of 7.00% p.a. for home loan refinancing, and an 8.00% p.a. rate for home equity loans. These rates are competitive relative to what most Filipino homeowners are currently paying on existing loans. Rates are subject to change, so it's best to confirm current figures with Nook before applying.
RCBC accepts borrowers who are private employees, OFWs, seafarers, self-employed individuals, and licensed professionals. The minimum monthly income requirement is ₱50,000, and your debt-to-income ratio must not exceed 30%. Nook can help you quickly assess your eligibility before submitting a formal application.
RCBC's typical approval timeline is around 49 days from complete document submission. This covers credit evaluation, property appraisal, and loan documentation. Working through Nook helps ensure your documents are complete and properly organized from the start, which minimizes delays.
There are costs involved in refinancing — such as processing fees, documentary stamp tax, and notarial fees — but these are typically recovered within a few months of lower monthly payments. Nook will calculate your break-even point upfront so you know exactly when you start saving. Our broker service itself is 100% free to you.
Yes, RCBC accepts refinancing from both private and government-backed loans, including Pag-IBIG (HDMF) and Landbank, subject to standard eligibility requirements. The process involves settling your existing loan balance using the proceeds from your new RCBC loan. Nook will coordinate the payoff and release of title on your behalf.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →