Security Bank offers some of the most competitive housing loan rates in the Philippines — starting at 6.75% p.a. Through Nook, you can check if you qualify and compare with other top banks, completely free.
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Why this matters
Security Bank is one of the Philippines' most respected universal banks and a strong choice for homebuyers and refinancers alike. Their housing loan lineup includes a 1-year fixed rate at 6.99% p.a. and a 5-year fixed rate at 6.75% p.a. — making the 5-year fixed particularly attractive for borrowers who want rate stability over the medium term. Security Bank accepts a wide range of employment types including private employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and freelancers, with a minimum monthly income requirement of P50,000. Typical approval takes around 23 days, and the maximum debt-to-income ratio allowed is 40%. You can use their housing loan for a variety of purposes including refinancing, ready-for-occupancy units, pre-selling properties, reselling, new construction, renovation, and home equity. For a full breakdown of what Security Bank requires from applicants, see our complete Security Bank housing loan requirements guide for 2026.
If you already have an existing home loan — whether with Security Bank or another lender — and your current rate is above 7%, there's a real chance you're overpaying every month. Many Filipino homeowners took out their loans at rates between 8% and 10%, and haven't revisited their terms since. Refinancing to Security Bank's 5-year fixed rate of 6.75% p.a. could meaningfully reduce your monthly amortisation and free up cash for other financial goals. The savings card above illustrates what a borrower with a P3,000,000 loan balance at 8.50% could save by switching — over P3,000 per month and more than P550,000 over the life of the loan. To understand how Security Bank's rates compare historically and what to expect going forward, read our detailed guide to Security Bank housing loan interest rates in the Philippines.
Nook is the Philippines' first digital mortgage broker, and our service is 100% free to borrowers. We work with Security Bank and other leading Philippine lenders to help you find the lowest rate you qualify for, handle the paperwork, and guide you through every step of the process. Whether you're buying your first home or refinancing an existing loan, Nook can help you apply to Security Bank and compare your options across multiple banks in one streamlined process — with no broker fees, ever. Interest rates are subject to change; we recommend verifying current rates directly with the bank or through Nook before making any financial decisions.
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 standard housing loans, and a 7.50% rate for home equity loans. These rates are among the most competitive available from a major Philippine universal bank, though rates are subject to change — always confirm the latest figures with Security Bank or through Nook before applying.
Security Bank accepts borrowers from a wide range of employment backgrounds including private sector employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, professionals, and freelancers. You'll need a minimum monthly income of at least P50,000, and your total monthly debt obligations (including the new loan) must not exceed 40% of your gross monthly income.
Security Bank's typical approval timeline is around 23 days from submission of complete documents. Having all your requirements ready — including proof of income, valid IDs, and property documents — will help avoid delays. Applying through Nook means you'll have a dedicated advisor to help you prepare a complete application from the start.
Yes, refinancing is one of the loan purposes explicitly supported by Security Bank's housing loan program. If your current home loan is with another bank and carries a higher interest rate, refinancing to Security Bank could significantly reduce your monthly payments. You can explore your refinancing options in detail in our Security Bank housing loan refinance guide.
Yes, Nook's mortgage brokering service is completely free to borrowers — there are no broker fees, application fees, or hidden charges on your end. Nook is compensated by the bank only after your loan is successfully disbursed, so our interests are fully aligned with yours. You get expert guidance, multi-bank comparison, and hands-on application support at no cost to you.
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