If you have a Sterling Bank home loan, there's a good chance you're paying a rate well above the market's best. Nook can help you refinance to as low as 5.99% p.a. — for free.
ESTIMATED MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
Sterling Bank Philippines has served Filipino borrowers for years, but home loan interest rates don't stay competitive forever. Many homeowners find themselves locked into rates of 8% to 10% or higher — rates that made sense when they signed, but are now costing them tens of thousands of pesos every year compared to what's available in the market today. Refinancing means switching your existing loan to a new lender with a lower rate, and the savings can be substantial over the life of your loan. You can check current mortgage interest rates in the Philippines to see exactly how your Sterling Bank rate compares to what's out there right now.
Nook is the Philippines' first digital mortgage broker, and we work with the country's leading banks — BDO, BPI, Security Bank, RCBC, Metrobank, and more — to find you the lowest available refinance rate. On a 3,000,000 peso loan at 8.50%, you could be paying around 26,035 pesos a month. Refinancing to 5.99% p.a. through Nook could bring that down to roughly 22,966 pesos — a saving of over 3,000 pesos every single month. Over a 15-year remaining term, that adds up to more than 550,000 pesos back in your pocket.
The best part? Nook's service is completely free to you as a borrower. We handle the comparison, the paperwork, and the bank negotiations on your behalf — you just tell us about your loan and we do the rest. Whether you're currently with Sterling Bank or any other lender, if your rate is above 7%, it's almost certainly worth a conversation. Get a free assessment today and find out exactly how much you could save.
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. Refinancing simply means paying off your existing Sterling Bank loan with a new loan from a different lender that offers a better rate. This is a completely standard process in the Philippines, and Nook can help you compare offers from multiple banks to find the best deal for your situation.
Nook's mortgage brokering service is 100% free for borrowers. We are compensated by the bank when your loan is successfully approved, so there is no fee charged to you at any stage of the process. The only costs you may encounter are standard bank fees like appraisal and transfer charges, which apply regardless of how you apply.
Through Nook, the best available refinance rate is currently 5.99% p.a. The exact rate you qualify for will depend on your loan amount, remaining term, property value, and credit profile. Nook will assess your situation and present you with the most competitive offers available from our panel of partner banks.
You'll typically need your latest Statement of Account from Sterling Bank, your title documents (TCT or CCT), proof of income such as payslips or ITR, a valid government-issued ID, and recent utility bills for address verification. Nook will guide you through the full requirements once you start your application — you can also review what banks generally ask for in guides like the BPI housing loan requirements checklist for a general sense of what to prepare.
The refinancing process typically takes between 4 to 8 weeks from application to loan release, depending on the bank and how quickly documents are submitted. Nook helps streamline this by preparing your application correctly from the start and following up with the bank on your behalf, so delays are minimised.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →