Security Bank offers some of the most competitive housing loan rates in the Philippines — with a 5-year fixed rate of 6.75% p.a. Through Nook, you can check if refinancing could save you thousands every month, completely free.
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Why this matters
Security Bank is one of the Philippines' leading universal banks and a Nook partner bank, offering housing loan rates that are genuinely competitive across the market. For 2026, Security Bank's fixed rates start at 6.75% p.a. for a 5-year fixed term and 6.99% p.a. for a 1-year fixed term — well below what many Filipino homeowners are currently paying on loans taken out in previous years. If your existing home loan is priced at 8% or higher, there's a strong chance refinancing to Security Bank could result in meaningful monthly savings. For a full breakdown of eligibility and documentation, see our Security Bank housing loan requirements guide.
Security Bank's housing loan is open to a wide range of borrowers — including salaried employees in the private sector, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and freelancers. The minimum qualifying monthly income is 50,000 pesos, and Security Bank typically approves applications within 23 banking days, which is faster than many competing banks. Their maximum debt-to-income ratio of 40% is also reasonably accessible, meaning more applicants qualify than you might expect. You can use the loan for refinancing your existing home loan, purchasing a ready-for-occupancy or pre-selling property, home equity, new construction, renovation, or reselling purposes.
Applying through Nook means you get access to Security Bank's rates alongside offers from other top Philippine banks — all in one place, with zero broker fees. Nook handles the comparison, paperwork coordination, and bank submission on your behalf. If you want to understand how the refinancing process works step by step, our Security Bank home loan refinance guide walks you through everything from eligibility to approval. Note that interest rates are subject to change — always verify the latest rates directly with the bank or through a Nook advisor before making a decision.
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 loan rate of 7.50% p.a. is also available. These rates are subject to change, so it's best to confirm the latest figures with Security Bank or through a Nook mortgage advisor.
Security Bank accepts applications from a broad range of borrowers, including private and government employees, BPO workers, OFWs, seafarers, self-employed individuals, professionals, and freelancers. The minimum required monthly income is 50,000 pesos, and your total debt obligations should not exceed 40% of your gross monthly income.
Security Bank typically processes and approves housing loan applications within 23 banking days, provided all required documents are complete and in order. Applying through Nook can help streamline the process, as Nook advisors review your documents before submission to minimise back-and-forth with the bank.
If your current home loan interest rate is above 8% or 9%, refinancing to Security Bank's 5-year fixed rate of 6.75% p.a. could save you tens of thousands of pesos per year. The key factors are your remaining loan balance, the number of years left on your term, and any applicable prepayment penalties from your current bank — all of which a Nook advisor can help you evaluate for free.
No — Nook's service is completely free to borrowers. Nook earns a referral fee from the bank upon successful loan disbursement, so there is no cost to you at any stage of the process. You get professional mortgage advice and bank comparison at zero out-of-pocket expense.
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