If you took out a home loan through SB Finance, you may be paying a higher rate than you need to. Nook can help you switch to a major bank at as low as 5.99% p.a. — for free.
YOUR POTENTIAL SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
SB Finance is a consumer lending subsidiary that offers home loan products, but it operates with a narrower funding base than the Philippines' major universal banks. That typically means less competitive interest rates over the long term — and for homeowners on a 20-year loan, even a 2% difference in rate can cost hundreds of thousands of pesos in unnecessary interest. If your current SB Finance home loan rate is sitting above 7%, it's worth finding out what's available to you through larger lenders with stronger deposit bases and more aggressive mortgage pricing.
Refinancing to a major bank like BPI, BDO, Security Bank, or Metrobank through Nook means you're not just getting a lower rate — you're gaining access to institutions with more flexible repayment structures, longer fixing periods, and established mortgage servicing teams. Nook works across its entire lender network to match you with the best available offer for your property type, loan balance, and borrower profile. You can check current mortgage interest rates in the Philippines to see what major banks are offering right now and how your SB Finance rate compares.
The refinancing process through Nook is completely free for borrowers — Nook is compensated by the receiving bank, not you. From document preparation to bank submission and approval follow-up, Nook manages the process end to end. Most applicants who qualify can complete a refinance within 45 to 60 days. If you're curious about what one of the most popular destination banks looks like, the BPI housing loan requirements guide is a good place to start understanding eligibility.
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. SB Finance home loans are eligible for refinancing to major Philippine banks, provided your property title is clean and your loan account is in good standing. Nook will assess your current loan details and match you with lenders whose criteria you meet.
Smaller consumer lenders like SB Finance typically have higher cost-of-funds than large universal banks, which means they price their loan products at higher margins. Major banks such as BPI, BDO, and Security Bank can offer lower rates because they have access to cheaper funding through large deposit bases.
Nothing — Nook's mortgage brokerage service is completely free for borrowers. Nook earns a fee from the bank that receives your loan, so there is no charge to you for the matching, application support, or processing assistance Nook provides.
You'll typically need your latest SB Finance loan statement, a copy of your Transfer Certificate of Title (TCT) or Condominium Certificate of Title (CCT), proof of income such as payslips or ITR, valid government-issued IDs, and a recent tax declaration. Nook will give you a complete checklist once you submit your inquiry.
Most refinances handled through Nook are completed within 45 to 60 days, depending on how quickly documents are submitted and how the receiving bank processes the application. Nook actively follows up with the bank on your behalf to keep things moving as efficiently as possible.
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