Security Bank offers some of the most competitive housing loan rates in the Philippines — and through Nook, you can apply for free and compare offers across multiple banks to make sure you're getting the best deal.
POTENTIAL MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
Security Bank is one of the Philippines' leading universal banks and a Nook partner, offering housing loans for a wide range of purposes — from purchasing a ready-for-occupancy or pre-selling property, to refinancing your existing home loan, funding a renovation, or tapping your home equity. With a 5-year fixed rate starting at 6.75% p.a. and a 1-year fixed option at 6.99% p.a., Security Bank is consistently among the most competitive lenders in the market. Their typical loan approval takes around 23 days, and they accept a broad range of employment types including private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and freelancers. The minimum qualifying monthly income is ₱50,000, and the maximum debt-to-income ratio is 40%. You can learn more about eligibility in our Security Bank housing loan requirements guide.
If you already have a home loan with another bank and you're paying a rate above 7%, refinancing to Security Bank through Nook could save you thousands of pesos every month. Most Filipino homeowners are currently locked into rates between 7% and 10% — often because their original fixed-rate period ended and they were rolled onto a higher variable rate without realising it. Refinancing resets your rate to today's competitive levels and can dramatically reduce your monthly amortisation. For a deeper look at how Security Bank's rates compare over different fixing periods, see our complete Security Bank housing loan interest rates guide.
Applying through Nook is 100% free for borrowers. Nook acts as your digital mortgage broker — we help you gather your documents, submit your application to Security Bank, and compare it against offers from other partner banks so you always know you're choosing the best available rate. There are no hidden fees, no obligations, and no pressure. Whether you're buying your first home or refinancing an existing loan, Nook simplifies the entire process from application to approval. Note: Interest rates are subject to change. Please verify current rates with Security Bank or through Nook before finalising your 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. A home equity rate of 7.50% p.a. is also available. These rates are subject to change, so we recommend verifying the latest figures through Nook or directly with Security Bank before applying.
Security Bank accepts applicants from a wide range of employment backgrounds, including private and government employees, BPO workers, OFWs, seafarers, self-employed individuals, professionals, and freelancers. You must have a minimum monthly income of ₱50,000 and a debt-to-income ratio of no more than 40%. Check our Security Bank housing loan interest rates and requirements guide for a full breakdown of eligibility criteria.
Security Bank's typical loan approval timeline is around 23 days, which is faster than many other Philippine banks. This timeline can vary depending on the completeness of your documents and the complexity of your application. Applying through Nook can help streamline the process since our team reviews your documents before submission.
Yes, refinancing is one of the loan purposes Security Bank supports, and it's one of the most common reasons Filipinos apply through Nook. If you're currently paying a rate of 7% or higher, switching to Security Bank's 5-year fixed rate of 6.75% p.a. could significantly reduce your monthly amortisation. You can learn more in our Security Bank home loan refinancing guide.
No — Nook's service is completely free for borrowers. We earn a referral fee from the bank, not from you, which means you get full broker support at zero cost. You'll also benefit from Nook comparing Security Bank's offer against other partner banks to make sure you're getting the most competitive rate available to you.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →