The Security Bank housing loan application form is your first official step toward securing a home loan — whether you're buying a new property, refinancing an existing mortgage, or tapping your home equity. Getting the form right matters: incomplete or incorrect submissions are one of the most common reasons for delays in loan processing. This guide walks you through exactly where to download the form, how to fill it out correctly, and what supporting documents you need to attach before submission.
Security Bank is one of Nook's verified partner banks, offering competitive fixed rates starting at 6.99% p.a. for a 1-year fixed term, with typical loan approval in around 23 days. If you're also exploring your options — particularly if you're already a homeowner looking to lower your monthly repayments — you may want to learn more about Security Bank housing loan refinancing through Nook, where the broker service is 100% free. Note that all interest rates mentioned in this guide are subject to change; always verify current rates directly with Security Bank or through Nook before applying.
You can download the Security Bank housing loan application form directly from the official Security Bank website at securitybank.com. Navigate to the "Loans" section, select "Home Loans," and look for the downloadable application form under the requirements or how-to-apply tab. The form is typically available as a PDF that you can print, fill out by hand, and submit in person at any Security Bank branch.
Alternatively, if you apply through a broker like Nook, you may be guided through a digital application process where the form is pre-populated based on your inputs, reducing the risk of errors. Always make sure you're downloading the most current version of the form directly from Security Bank's official website or a verified partner to ensure it reflects the latest requirements.
Security Bank periodically updates its application forms to reflect changes in documentation requirements, regulatory guidelines, or internal processes. For 2026, it's important to confirm you're using the latest version of the form before submitting. Using an outdated form can result in your application being rejected or delayed.
The easiest way to ensure you have the current form is to download it directly from securitybank.com or request a copy at a Security Bank branch. When in doubt, call Security Bank's customer hotline or speak with a Nook mortgage broker, who will have access to the most up-to-date application requirements and can guide you through the process for free.
Before you start filling out the form, gather the following information to complete it accurately:
- Personal details: Full legal name (as it appears on your government ID), date of birth, civil status, nationality, and contact information
- Property details: Complete address of the property, type of property (e.g., house and lot, condominium), purpose of loan (purchase, refinancing, renovation, etc.), and estimated property value
- Loan details: Desired loan amount, preferred loan term (typically 5 to 20 years), and preferred fixed-rate period (1, 3, or 5 years)
- Employment and income details: Employer name and address, position, length of employment, and monthly gross income
- Co-borrower details (if applicable): The same personal and employment information for any co-borrower
- Credit and liability information: Existing loans, credit card obligations, and other financial commitments
Having all this information on hand before you start will help you complete the form in one sitting without errors or omissions.
The employment and income section is one of the most scrutinised parts of the application because it determines your borrowing capacity and debt-to-income ratio. Here's how to fill it out correctly depending on your employment type:
- Employed (Private/Government/BPO): Enter your gross monthly salary before deductions. Use the figure on your Certificate of Employment and Compensation (COEC) or your latest payslip. Do not understate your income — Security Bank will verify this against your submitted documents.
- Self-Employed or Business Owner: Enter your average monthly net income over the past two years, based on your ITR (Income Tax Return). If your income fluctuates, use a conservative average.
- OFW or Seafarer: Enter your gross monthly income in Philippine Pesos (convert from foreign currency using the current BSP exchange rate). Attach your latest contract or proof of remittance.
- Freelancer or Professional: Use your declared income from your ITR or professional income statements.
Security Bank's maximum debt-to-income (DTI) ratio is 40%, meaning your total monthly loan obligations — including the new housing loan — should not exceed 40% of your gross monthly income. If you earn 50,000 per month, for example, your total monthly debt payments should not exceed 20,000.
The application form alone is not enough — you must submit a complete set of supporting documents. Missing even one document is a common cause of processing delays. Here's what you typically need:
For all applicants:
- Two valid government-issued photo IDs (e.g., passport, driver's license, SSS/GSIS ID, PhilSys ID)
- Completed and signed application form
- Tax Identification Number (TIN)
For employed applicants:
- Certificate of Employment and Compensation (COEC) — must be recent, typically within 30 days
- Latest 3 months' payslips
- Latest ITR (BIR Form 2316) stamped by your employer
- Latest 3-6 months' bank statements
For self-employed applicants:
- DTI or SEC registration and business permits
- Latest 2 years' ITR with audited financial statements
- Latest 6 months' bank statements
For OFWs/Seafarers:
- Employment contract or crew contract
- Latest 6 months' proof of remittance or bank statements
- OEC (Overseas Employment Certificate) if applicable
For the property:
- Photocopy of the Transfer Certificate of Title (TCT) or Condominium Certificate of Title (CCT)
- Tax Declaration of the property
- Vicinity map and floor plan (for new constructions or pre-selling)
- Contract to Sell or Deed of Sale (for purchase transactions)
Document requirements may vary depending on the loan purpose (e.g., refinancing, renovation, home equity). Always confirm the complete checklist with Security Bank or your Nook mortgage broker before submission.
Yes, Security Bank offers an online application option through its website, where you can submit your initial loan inquiry or application digitally. You'll typically fill out an online form with your basic personal, employment, and property details, and a bank representative will follow up with you to guide you through the next steps and document submission.
Another option is to apply through Nook (nook.com.ph), the Philippines' first digital mortgage broker. Nook's platform lets you compare Security Bank's housing loan rates against other lenders and submit a single application that gets assessed across multiple partner banks — all for free. This is especially useful if you're not sure whether Security Bank is the best lender for your situation. Once you apply through Nook, a dedicated mortgage specialist handles the paperwork coordination on your behalf, reducing the back-and-forth with the bank.
Security Bank offers the following fixed interest rates for housing loans in 2026 (as verified with Nook's partner bank data):
- 1-Year Fixed: 6.99% p.a.
- 3-Year Fixed: 7.25% p.a.
- 5-Year Fixed: 7.75% p.a.
- Home Equity Loan: 7.50% p.a.
To give you a sense of what this means in practice: on a loan of 3,000,000 over 20 years at 6.99% p.a. (1-year fixed), your estimated monthly repayment would be approximately 23,200. At 7.75% p.a. (5-year fixed) on the same loan, the monthly repayment would be approximately 24,700. The longer your fixed-rate period, the more payment certainty you get, but typically at a slightly higher rate.
If you're currently paying a higher rate on an existing home loan — many Filipino homeowners are paying between 7% and 10% — it may be worth exploring refinancing options. Through Nook, the best available refinance rate is currently 5.99% p.a. You can compare Security Bank vs BDO home loan rates to see how they stack up side by side. Please note that all rates are subject to change — verify current rates before applying.
Security Bank requires a minimum monthly income of 50,000 to qualify for a housing loan. This applies across all employment types, including private employees, government workers, BPO employees, OFWs, seafarers, self-employed individuals, professionals, and freelancers.
In addition to the minimum income threshold, Security Bank applies a maximum debt-to-income (DTI) ratio of 40%. This means that all of your monthly debt obligations — including the proposed housing loan repayment — must not exceed 40% of your gross monthly income. For example, if you earn 80,000 per month, your total monthly debt payments should not exceed 32,000. If you already have an existing car loan or credit card obligation, this will reduce the maximum housing loan amount you can borrow.
If your income falls below the 50,000 threshold, you may still qualify by adding a co-borrower (such as a spouse or immediate family member) to combine incomes. Co-borrowers must also meet Security Bank's documentation and eligibility requirements.
Based on Nook's verified partner bank data, Security Bank's typical loan approval timeline is approximately 23 days from the date of complete document submission. This is the time from receiving a fully documented application to issuing a formal Letter of Guarantee (LOG) or loan approval.
The keyword here is "complete" — the 23-day timeline assumes you've submitted all required documents correctly from the start. Incomplete submissions, discrepancies in your documents, or delays in property appraisal can extend the processing time significantly. Here are some tips to keep your application on track:
- Double-check your document checklist before submitting — missing even one item causes delays
- Ensure all documents are current (e.g., COEC issued within the last 30 days)
- Make sure your property's title is clean and free of encumbrances
- Respond promptly to any follow-up requests from the bank
Once your loan is approved, you can track your application status through Security Bank's official channels. For more on that process, see our guide on how to track your Security Bank housing loan application status in 2026.
After you submit your completed application form and supporting documents, here's what to expect:
- Document verification (Days 1-5): Security Bank's loan processing team reviews your submitted documents for completeness and accuracy. If anything is missing or unclear, they will contact you to request additional information.
- Credit assessment (Days 3-10): The bank evaluates your creditworthiness, including your credit history, income, DTI ratio, and employment stability.
- Property appraisal (Days 5-15): Security Bank arranges for an independent appraisal of the property to determine its market value. This is used to calculate the maximum Loan-to-Value (LTV) ratio they can offer.
- Loan approval and Letter of Guarantee (Around Day 23): If everything checks out, Security Bank issues a formal loan approval or Letter of Guarantee. This document outlines the approved loan amount, interest rate, and terms.
- Loan documentation and signing: You'll be asked to sign the loan agreement and other legal documents. This may take place at a Security Bank branch or through a notary.
- Loan release: Once all documents are signed and any required down payment or fees are settled, the loan proceeds are released — either to you directly (for refinancing or home equity) or to the seller (for property purchases).
Throughout this process, make sure to keep your phone and email accessible for any follow-up from the bank. If you applied through Nook, your dedicated mortgage specialist will coordinate with the bank on your behalf and keep you updated at every stage.