RCBC offers a 1-year fixed rate starting at 7.00% p.a. — but many Filipino homeowners are still paying 8–10% on older loans. See how much you could save by refinancing through Nook for free.
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Why this matters
RCBC (Rizal Commercial Banking Corporation) is one of the Philippines' leading universal banks and a Nook partner bank for housing loans and refinancing. For 2026, RCBC offers a 1-year fixed rate of 7.00% p.a. on home purchase and refinancing loans, making it one of the more competitive options available today. RCBC also offers a Home Equity rate of 8.00% p.a. for borrowers who want to unlock the value of their property. Minimum monthly income requirement is P50,000, and RCBC accepts a wide range of borrower types — including private employees, OFWs, seafarers, self-employed individuals, and licensed professionals. Loan purposes covered include refinancing, reselling, ready-for-occupancy (RFO) units, pre-selling, home equity, and foreclosed properties.
If you took out your home loan two or more years ago, there's a good chance your current rate is significantly higher than what RCBC is offering today. Many Filipino homeowners are still locked into rates of 8.5% to 10% — rates that made sense when they signed, but are now costing them tens of thousands of pesos every year unnecessarily. Refinancing to RCBC's current 7.00% fixed rate through Nook could reduce your monthly amortization by thousands of pesos, with zero broker fees charged to you. You can check out the full RCBC housing loan refinance guide to understand exactly how the process works and what to expect at each stage.
Applying through Nook gives you a key advantage: our team compares RCBC's offer against other partner banks on your behalf, so you always know you're getting the best available rate — not just the first one offered. RCBC's typical approval timeline is around 49 days, and Nook will guide you through every document requirement from start to approval. For a complete list of what you'll need to prepare, see the RCBC housing loan requirements and eligibility guide for 2026. Interest rates are subject to change; always verify current rates with RCBC or through Nook before applying.
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 standard home purchase and refinancing loans, and 8.00% p.a. for home equity loans. These rates are subject to change, so it's best to confirm the latest figures with RCBC directly or through Nook before you apply.
RCBC accepts applications from private employees, OFWs, seafarers, self-employed individuals, and licensed professionals. You'll need a minimum monthly income of P50,000 and a debt-to-income ratio (DTI) of no more than 30% to be eligible.
RCBC's typical loan approval timeline is around 49 days from complete submission of documents. Applying through Nook can help streamline this process since our team reviews your documents before submission to reduce the risk of delays or follow-up requests.
Yes — refinancing is one of the loan purposes RCBC supports, and it's one of the most common reasons borrowers come to Nook. If your current rate is above 7.00%, refinancing to RCBC's current rate could meaningfully reduce your monthly payments and total interest paid over the life of your loan.
Yes, Nook's mortgage brokering service is 100% free to borrowers — there are no broker fees, no hidden charges, and no obligation. Nook is compensated by the bank if your loan is approved, so you get expert guidance and bank comparison at no cost to you.
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