SMDC Shore Residences owners in the MOA complex are often stuck on bank rates of 8.50% or higher. Nook can help you refinance to as low as 5.99% p.a. — for free.
SHORE RESIDENCES OWNER SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
SMDC Shore Residences sits right at the heart of the Mall of Asia Complex in Pasay — one of the most sought-after condo addresses in Metro Manila. But owning a unit here doesn't mean you have to accept the interest rate your bank gave you when you first took out your home loan. Most Shore Residences owners financed their purchase through banks offering rates between 7.50% and 9.00%, and many of those repricing periods have long since expired — leaving borrowers locked into rates that no longer reflect the market. Refinancing is the straightforward way to fix that, and with Nook, the entire process costs you nothing.
Nook is the Philippines' first digital mortgage broker, and we work with all the major banks — BDO, BPI, Metrobank, Security Bank, RCBC, and more — to find you the lowest available rate for your specific loan profile. For a Shore Residences unit with a remaining loan balance of around 3,000,000, moving from 8.50% to 5.99% translates to over 4,400 pesos back in your pocket every single month. That's money you could be redirecting toward your next investment, your family, or simply building savings. If you're also exploring rates across the bay area and Makati corridor, you can compare the best home loan rates in Makati to see how lenders are pricing comparable properties right now.
The MOA Complex has matured into a genuine live-work-play destination, and Shore Residences units have held strong value as a result. That means your property is a solid asset — and banks want to lend against it. Nook leverages that competitive appetite to negotiate on your behalf. Whether your loan is with your original developer bank or you've already refinanced once before, we can assess whether a better deal is available today. Our advisors handle the paperwork, coordinate with the banks, and keep you updated every step of the way. There's no broker fee, no hidden cost, and no obligation to proceed until you're satisfied with the offer on the table.
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
Yes, absolutely. Whether you financed through SMDC's in-house scheme or directly with a bank, your loan is eligible for refinancing once the property title and mortgage are properly transferred and registered. Nook will verify your loan status and identify the best bank refinance options available to you.
On a 3,000,000 balance with 20 years remaining, moving from 8.50% to 5.99% saves approximately 4,486 pesos per month — or over 807,000 pesos across the remaining loan term. Your actual savings will depend on your outstanding balance, remaining term, and the rate you qualify for.
Nook partners with all major Philippine banks including BDO, BPI, Metrobank, Security Bank, RCBC, UnionBank, Chinabank, and PNB. We submit your profile to multiple lenders simultaneously so you receive competing offers and can choose the best one — without doing the legwork yourself.
No, refinancing only changes the lender holding the mortgage annotation on your title — your ownership is not affected in any way. The process involves releasing the mortgage from your current bank and registering a new mortgage with the refinancing bank, which Nook coordinates on your behalf.
The typical refinancing timeline is 4 to 8 weeks from application to loan release, depending on how quickly documents are gathered and the bank's processing speed. Nook keeps the process moving by managing follow-ups with the bank and flagging any requirements early so there are no last-minute surprises.
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