Thousands of Filipino homeowners are still paying UCPB's old interest rates — 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
United Coconut Planters Bank (UCPB) was one of the Philippines' well-known home loan providers, but following its merger with Landbank in 2022, many borrowers are now questioning whether their existing home loan terms still make sense. If you took out your UCPB home loan several years ago, chances are you're still locked into a rate of 8% to 9.5% or higher — rates that were standard then but look very expensive compared to what's available today. Refinancing lets you move that loan to a lender offering more competitive terms, without losing your home or restarting from scratch.
Through Nook, you can compare offers from multiple Philippine banks — including BPI, Security Bank, Metrobank, RCBC, and others — and find the lowest rate you qualify for. The process is fully digital, and Nook's service is 100% free to borrowers. On a 3,000,000 loan with 20 years remaining, moving from 8.50% to 5.99% could reduce your monthly payment by over 4,500 pesos and save you more than 800,000 pesos over the life of the loan. If you're weighing your options, our guide to UCPB housing loan refinancing walks through the full process in detail.
Many borrowers worry that refinancing is complicated or expensive, but Nook handles the bank comparisons, paperwork coordination, and rate negotiations on your behalf — at no cost to you. Whether your current loan is now serviced under Landbank following the merger, or you simply want to explore what better rates look like, there's no reason to keep overpaying. You can also compare EastWest Bank vs UCPB refinancing rates if you want to see how specific lenders stack up side by side before making a decision.
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. Following UCPB's merger with Landbank in 2022, existing home loans were absorbed into Landbank's portfolio, but your right to refinance with another lender remains fully intact. Nook can help you move your loan to a bank offering lower rates regardless of who currently services it.
It depends on your current rate, remaining loan balance, and term, but most UCPB borrowers we work with are paying between 8% and 10% — compared to the 5.99% p.a. available through Nook today. On a 3,000,000 loan over 20 years, that difference alone can mean savings of over 800,000 pesos in total interest.
Typically you'll need a valid government ID, your latest payslips or ITR for proof of income, a copy of your Transfer Certificate of Title (TCT), and your most recent Statement of Account from your current lender. Nook will guide you through the full checklist and tell you exactly what each bank requires.
Some home loans include an early redemption or pre-termination fee, typically applied within the first few years of the loan or the current re-pricing period. It's important to check your loan agreement or call Landbank directly to confirm — Nook can help you factor this cost into your savings calculation so you know your true net benefit.
Refinancing in the Philippines typically takes 30 to 60 days from application to loan release, depending on the bank and how quickly documents are submitted. Nook streamlines the process by coordinating with lenders on your behalf, helping avoid common delays and keeping your application moving forward.
Check your exact savings in 60 seconds. It's free and takes no commitment.
Check My Savings Now →