If you bought at SMDC Shore Residences MOA and your home loan is still locked in at 8% or higher, Nook can help you refinance to as low as 5.99% p.a. — completely free of charge.
SHORE RESIDENCES OWNER SAVINGS ESTIMATE
No commitment. No credit check. Just your numbers.
Why this matters
SMDC Shore Residences is one of Metro Manila's most sought-after waterfront developments, sitting right beside SM Mall of Asia in Pasay City. Its proximity to the bay, the mall, and major business districts like Makati and BGC makes it a premium address — but premium locations don't have to mean premium loan costs. Many Shore Residences owners originally financed through SMDC's in-house financing or a bank at rates between 8% and 10%, and those rates don't automatically improve over time unless you actively refinance. Nook makes it easy to find out what better terms are available today across the most competitive banks in Metro Manila.
Refinancing a condo in a high-density development like Shore Residences is straightforward when you have the right guide. Nook works with BDO, BPI, Metrobank, Security Bank, RCBC, EastWest, and more — comparing their current offers on your behalf so you don't have to visit multiple branches or decode confusing rate sheets. For a ₱3,000,000 outstanding balance on a 20-year remaining term, switching from 8.50% to 5.99% can put over ₱54,000 back in your pocket every year. That's money you could redirect toward your next investment, unit upgrades, or simply reducing financial stress.
Whether you're an owner-occupant enjoying the MOA lifestyle or an investor renting out your unit, a lower monthly amortisation improves your cash flow either way. If you're exploring how other urban condo owners are handling their refinancing, it's worth seeing how BGC condo owners at Two Serendra are approaching the same decision. Nook's service is 100% free to borrowers — we're paid by the banks, not you — so there's no downside to getting a free assessment today.
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, in most cases you can refinance out of SMDC's in-house financing once the property title has been transferred to your name. Nook will assess your situation and let you know which banks are open to refinancing your specific unit. This is one of the most common scenarios we handle for SMDC condo owners.
You'll typically need your existing loan statement, a copy of the Condominium Certificate of Title (CCT), proof of income, and valid government-issued IDs. Nook provides a full document checklist once you submit your details, so you won't be guessing what to prepare.
The typical refinancing timeline in the Philippines runs between 30 to 60 days from application to loan release, depending on how quickly documents are processed and the bank's turnaround. Nook keeps you updated at every stage and follows up with banks on your behalf to avoid delays.
Refinancing only changes the terms of your loan — it has no effect on your lease agreement or rental income. In fact, lowering your monthly amortisation improves your net rental yield, which is one of the key reasons investors refinance. Your tenants won't be affected at all.
Yes, Nook is completely free to you as the borrower. Nook earns a referral fee from the bank when your loan is successfully approved — this is a standard industry arrangement and does not affect the rate you receive. You get independent advice and bank comparisons with no out-of-pocket cost.
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