SECURITY BANK PARTNER

Refinance Smart With Security Bank
Overpaying Your Bank?

By the Nook Editorial Team · Reviewed to Nook's editorial standards

Get competitive rates from 6.75% and fast 23-day approval with Security Bank's refinancing options through Nook.

REFINANCING SAVINGS

8.50%
Your likely rate
5.99%
Best available
₱3,352
estimated monthly savings on a ₱3,000,000 loan

No commitment. No credit check. Just your numbers.

2,400+
Homeowners helped
₱9.2K
Avg. monthly savings
15
Partner banks
100%
Free service

Why this matters

Your bank is counting on you not checking.

Security Bank offers some of the most competitive home loan refinancing rates in the Philippines, with options starting at 6.75% for their 5-Year Fixed rate program. As a Nook partner bank, Security Bank provides accessible financing with a minimum monthly income requirement of just ₱50,000 and supports various employment types including private employees, government workers, BPO staff, OFWs, and self-employed professionals.

The refinancing process with Security Bank typically takes 23 days for approval, and they accommodate multiple loan purposes including refinancing existing mortgages, home equity loans, and property renovations. Their maximum debt-to-income ratio of 40% makes qualification more achievable for many Filipino homeowners looking to reduce their monthly payments.

When you apply through Nook, you get free broker service to help navigate Security Bank's housing loan requirements and ensure your application is positioned for the best possible terms. This professional guidance can be especially valuable compared to going directly to the bank or exploring alternatives like BDO's refinancing options.

The monthly numbers on a ₱3,000,000 balance

Current payment at 8.50% ₱25,868
Refinanced payment at 5.99% ₱22,516
Monthly savings ₱3,352
Annual savings ₱40,224
Total savings over remaining term ₱604,320

Three steps. No paperwork until you decide.

1

Check your rate (60 seconds)

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.

2

Talk to a Nook consultant (15 minutes)

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.

3

Nook handles everything

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

What Security Bank refinancing applicants ask us.

What are Security Bank's current refinancing rates?

Security Bank offers competitive refinancing rates starting at 6.75% for their 5-Year Fixed rate program and 6.99% for 1-Year Fixed terms. Home equity loans are available at 7.50%, all significantly lower than typical market rates of 8-10%.

How long does Security Bank's refinancing approval take?

Security Bank typically processes refinancing applications within 23 days of submission. This timeline can vary based on document completeness and property verification requirements, but their streamlined process is among the faster options in the Philippine banking sector.

What income do I need to qualify for Security Bank refinancing?

Security Bank requires a minimum monthly income of ₱50,000 for refinancing applications. They accept various employment types including private employees, government workers, BPO staff, OFWs, seafarers, self-employed individuals, professionals, and freelancers with proper income documentation.

Can I refinance any type of property with Security Bank?

Yes, Security Bank accepts refinancing for various property types including foreclosed properties, new construction, pre-selling units, ready-for-occupancy homes, and existing properties for renovation. They also offer home equity loans against your current property value.

How does applying through Nook benefit my Security Bank application?

Applying through Nook gives you free professional broker service to optimize your Security Bank refinancing application. Our team helps ensure your documents meet their requirements, positions your application competitively, and guides you through the entire 23-day approval process at no cost to you.

Every month you wait costs you ₱3,352.

Check your exact savings in 60 seconds. It's free and takes no commitment.

Check My Savings Now →