Security Bank offers some of the most competitive housing loan rates in the Philippines — with a 5-year fixed rate as low as 6.75% p.a. Apply through Nook for free and get expert guidance from application to approval.
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Why this matters
Security Bank is one of the Philippines' most respected universal banks, and its housing loan product stands out for offering flexible fixed-rate periods, a relatively low minimum income requirement of P50,000 per month, and a fast approval timeline of around 23 days. Whether you're purchasing a ready-for-occupancy unit, refinancing an existing home loan, or tapping your home's equity for renovations or other needs, Security Bank has a loan purpose that fits. Its 5-year fixed rate of 6.75% p.a. is among the sharpest available from any major bank today — and if you're currently paying 8% or more with another lender, the monthly savings can be substantial. If you'd like to see how Security Bank stacks up against other lenders, check out our detailed Security Bank vs BPI home loan comparison.
Through Nook, applying for a Security Bank housing loan is completely free. As the Philippines' first digital mortgage broker, Nook handles the paperwork, coordinates with the bank, and helps you find the best rate for your profile — all at zero cost to you. Security Bank accepts borrowers from a wide range of employment types including private employees, government workers, BPO staff, OFWs, seafarers, self-employed professionals, and freelancers, making it one of the most accessible lenders in the market. The maximum debt-to-income ratio is 40%, which gives most borrowers comfortable room to qualify. Note that interest rates are subject to change; always verify the latest rates before finalising your application.
If you're unsure whether Security Bank is the right fit or want to explore your options, Nook can compare multiple partner banks on your behalf — including Metrobank's housing loan rates — so you can make a fully informed decision. The best mortgage isn't just the lowest rate; it's the loan that matches your income, timeline, and property type. Nook's advisors are here to help you find exactly that.
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
Security Bank currently offers a 1-year fixed rate of 6.99% p.a. and a 5-year fixed rate of 6.75% p.a. for housing loans. A home equity rate of 7.50% p.a. is also available. Please note that these rates are subject to change, so we recommend verifying the latest figures directly with Security Bank or through Nook before applying.
Security Bank requires a minimum combined monthly income of P50,000 to qualify for a housing loan. This applies across most employment types, including salaried employees, self-employed individuals, OFWs, freelancers, and professionals. If you're close to this threshold, Nook can help you assess your eligibility and explore alternatives if needed.
Security Bank's typical loan approval timeline is around 23 banking days from the date of complete document submission. This is competitive compared to many other banks in the Philippines. Applying through Nook can help streamline the process since our team ensures your documents are complete and correct before submission.
Security Bank accepts a wide range of loan purposes including refinancing, home equity, purchase of ready-for-occupancy (RFO) or pre-selling properties, new construction, reselling, renovation, and acquisition of foreclosed properties. This makes it one of the more versatile lenders for both homebuyers and existing homeowners.
Yes, Nook's mortgage brokering service is 100% free to borrowers. Nook is compensated by the bank, not the applicant, so you receive full advisory support, document assistance, and rate comparison at no cost to you. You can apply directly through Nook's platform and a dedicated advisor will guide you through every step of the process.
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