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 apply or refinance for free and see if you qualify in minutes.
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Why this matters
Security Bank is one of the Philippines' most trusted commercial banks — and in 2026, it remains a top choice for homeowners looking to refinance or take out a new housing loan. Its current rates start at 6.75% p.a. for a 5-year fixed period and 6.99% p.a. for a 1-year fixed period, making it highly competitive compared to what many Filipino homeowners are currently paying (often between 7% and 10% at other banks or on legacy loans). If your home loan is repricing soon or you haven't reviewed your rate in several years, now is an excellent time to explore what Security Bank can offer. You can also compare Security Bank vs Metrobank refinance rates to see how the numbers stack up side by side.
Security Bank's housing loan program accepts a wide range of borrowers — including private and government employees, BPO workers, OFWs, seafarers, self-employed professionals, and freelancers. The minimum qualifying income is ₱50,000 per month, and loans can be used for refinancing, purchase of ready-for-occupancy or pre-selling units, home equity, new construction, renovation, or resale properties. Typical loan approval takes around 23 banking days, and the maximum debt-to-income ratio is 40%, giving most middle-income earners a realistic shot at qualifying.
Through Nook — the Philippines' first digital mortgage broker — you can apply to Security Bank at zero cost. Nook submits your application, handles document requirements, and negotiates on your behalf without charging any broker fees. Whether you're a first-time applicant or looking to refinance away from a high-rate loan, Nook simplifies the process entirely online. Curious how Security Bank compares to other options? Check out our detailed Chinabank vs Security Bank comparison for 2026 to see which bank fits your financial profile best. Note: all interest rates are subject to change — always verify current rates before submitting an application.
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, including refinancing. A Home Equity loan rate of 7.50% p.a. is also available for eligible borrowers. These rates are subject to change, so it's best to confirm the latest figures with Security Bank or through Nook before applying.
Security Bank accepts applications from private and government employees, BPO workers, OFWs, seafarers, self-employed individuals, professionals, and freelancers. The minimum qualifying monthly income is ₱50,000, and your total monthly debt obligations — including the new housing loan — must not exceed 40% of your gross monthly income. Loan purposes include refinancing, purchase of RFO or pre-selling properties, renovation, home equity, and new construction.
Security Bank's typical loan approval timeline is around 23 banking days from the time a complete set of documents is submitted. Processing times can vary depending on the complexity of the application and the completeness of your documentary requirements. Applying through Nook can help ensure your documents are complete and properly prepared before submission, reducing unnecessary delays.
If your current home loan rate is 8% or higher, refinancing to Security Bank's 5-year fixed rate of 6.75% p.a. could save you thousands of pesos every month on a ₱3,000,000 loan balance. The savings add up significantly over the remaining life of your loan, especially if you still have 10 or more years left. Nook can help you calculate your exact savings and handle the entire refinancing process at no cost to you.
No — Nook's mortgage brokering service is 100% free for borrowers. Nook is compensated by the bank upon successful loan disbursement, which means you pay nothing for expert guidance, document preparation, and application submission. This makes it a risk-free way to explore whether Security Bank's rates are the right fit for your home financing needs.
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