Security Bank offers some of the most competitive housing loan rates in the Philippines — with 5-year fixed rates as low as 6.75% p.a. Through Nook, you can apply or refinance for free and see if you qualify for a better deal.
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Why this matters
Security Bank is one of the Philippines' most trusted private commercial banks, and their housing loan products are a popular choice for middle- to high-income borrowers. In 2026, Security Bank offers fixed-rate terms of 1 year at 6.99% p.a. and 5 years at 6.75% p.a. — making their 5-year fixed option one of the sharpest rates available for home purchase or refinancing. If you took out a home loan several years ago at a rate between 8% and 10%, refinancing with Security Bank could translate into significant monthly savings. You can learn how Security Bank home loan refinancing works to understand the full process before you apply.
Qualifying for a Security Bank housing loan requires a minimum monthly income of ₱50,000, which is accessible to dual-income households, professionals, BPO employees, OFWs, and self-employed borrowers. Security Bank accepts a wide range of loan purposes including refinancing, home equity, new construction, pre-selling, RFO, reselling, and renovation — making it a versatile option regardless of where you are in your homeownership journey. Their typical approval timeline of 23 days is among the faster turnarounds in the Philippine banking market, and their maximum debt-to-income ratio of 40% gives borrowers reasonable flexibility. For a full breakdown of what documents and eligibility criteria apply, see the Security Bank housing loan requirements guide.
Through Nook, applying for a Security Bank housing loan or refinancing your existing loan is completely free. Nook acts as your digital mortgage broker — comparing options, preparing your application, and coordinating with the bank on your behalf at no cost to you. Whether you're a first-time buyer or a current homeowner looking to reduce monthly costs, Nook makes it easy to find out if Security Bank's rates are right for your situation. Note that interest rates are subject to change; always verify the latest rates directly with the bank or through Nook before making a financial 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. These are among the more competitive rates available from a private Philippine bank in 2026. Rates are subject to change, so it's best to confirm current offers through Nook or directly with Security Bank before applying.
Security Bank requires a minimum monthly income of ₱50,000 and accepts borrowers across a wide range of employment types including private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and freelancers. Your total monthly debt obligations — including the new home loan payment — should not exceed 40% of your gross monthly income.
Yes, Security Bank offers refinancing as one of its supported loan purposes, which means you can switch your current home loan from another bank to Security Bank to potentially get a lower rate. If your existing loan carries a rate of 8% or higher, refinancing to Security Bank's 6.75% 5-year fixed rate could meaningfully reduce your monthly payment. Nook can help you calculate your savings and manage the entire refinancing process for free.
Security Bank's typical loan approval timeline is around 23 days from submission of a complete application. This is relatively fast compared to other Philippine banks and is one reason many borrowers choose Security Bank for both new purchases and refinancing. Ensuring your documents are complete from the start — something Nook helps with — can prevent delays.
Yes, Nook's service is 100% free for borrowers. Nook earns a referral fee from the bank upon successful loan disbursement, so you pay nothing for the comparison, application support, or broker service. You get the same Security Bank rates you would applying directly, but with expert guidance and less paperwork hassle on your end.
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