If you took out your UCPB home loan a few years ago, chances are you're paying 8.50% or higher. Nook can help you refinance to as low as 5.99% p.a. — completely free.
YOUR POTENTIAL MONTHLY SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
UCPB home loans have been a popular choice for Filipino homeowners, but many borrowers find themselves locked into rates set years ago that no longer reflect the competitive options available today. If your current UCPB mortgage rate is sitting somewhere between 7.50% and 9.50%, you could be leaving a significant amount of money on the table every single month. Refinancing means replacing your existing loan with a new one at a lower rate — and on a 3,000,000 loan, even a 2% reduction translates to thousands of pesos back in your pocket each year.
Through Nook, you can compare UCPB housing loan refinance options against offers from BDO, BPI, Security Bank, Metrobank, and other leading Philippine banks — all in one place. Nook's team of mortgage specialists handles the legwork: gathering your documents, submitting to multiple lenders, and negotiating on your behalf. There are no broker fees, no hidden charges, and no obligation to proceed until you're happy with the offer you receive.
The process is straightforward. You share your loan details, Nook runs the numbers across its panel of banks, and you receive a comparison of real offers within days. If you're also curious how UCPB stacks up against specific competitors, our EastWest Bank vs UCPB refinancing rates guide breaks down the differences in detail. The best time to refinance is before your next repricing date — so the earlier you start, the more you 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 to a different bank — sometimes called a loan takeover — is one of the most common ways Filipino homeowners reduce their monthly payments. Any bank on Nook's panel can take over your outstanding UCPB balance at a new, lower rate, and Nook manages the coordination between both institutions on your behalf.
Savings depend on your outstanding balance, remaining term, and the gap between your current rate and the new rate you qualify for. On a 3,000,000 loan refinanced from 8.50% to 5.99%, you could save over 4,500 pesos per month — that's more than 54,000 pesos a year. Nook will calculate your exact savings before you commit to anything.
UCPB, like most Philippine banks, may charge a pre-termination fee if you refinance within a lock-in period — typically the first three to five years of your loan. Nook's specialists will review your loan agreement and factor any penalty into the savings calculation so you can make a fully informed decision.
From application to loan release, refinancing typically takes four to eight weeks depending on how quickly documents are submitted and how fast the receiving bank processes your appraisal. Nook streamlines this by preparing your file correctly the first time, which helps avoid delays caused by incomplete submissions.
Nook's service is 100% free to borrowers. Nook is compensated by the bank that wins your business, which means you get independent, unbiased advice at no cost to you. Standard third-party costs like appraisal fees and mortgage registration still apply, but these are typically recovered within a few months of your lower monthly payments.
Check your exact savings in 60 seconds. It's free and takes no commitment.
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