Thousands of UCPB borrowers are paying 2% to 4% more than they need to — Nook can help you switch to a better rate in as little as 30 days, completely free.
YOUR ESTIMATED UCPB REFINANCE SAVINGS
No commitment. No credit check. Just your numbers.
Why this matters
UCPB (United Coconut Planters Bank) has long been a go-to lender for Filipino homeowners, but many borrowers who took out their housing loan several years ago are still locked into rates of 8% to 9.5% per annum — well above what the market offers today. If your loan is past its initial fixed-rate period, your rate may have already repriced upward, meaning your monthly payments are quietly eating into your budget more than they should. Refinancing your UCPB housing loan through Nook gives you access to rates as low as 5.99% p.a. from top Philippine banks, potentially saving you tens of thousands of pesos every year.
Refinancing doesn't just lower your monthly payment — it gives you back financial breathing room. On a 3,000,000 loan with 20 years remaining, moving from 8.50% to 5.99% reduces your monthly amortisation by over 3,000 pesos. Over the life of the loan, that compounds into hundreds of thousands in total interest savings. And because Nook's service is 100% free to borrowers, there's no reason not to find out exactly how much you could save. Nook compares offers from BDO, BPI, Metrobank, Security Bank, RCBC, and more — so you get the best deal without doing the legwork yourself. You can also compare UCPB vs BDO home loan rates to see how the numbers stack up side by side.
The refinancing process can feel daunting, but Nook makes it straightforward. After a quick consultation, a dedicated mortgage advisor will assess your current UCPB loan, identify the most competitive refinance options suited to your property and income profile, and guide you through every step of the application. Most clients complete the switch within four to six weeks. Whether you're in Metro Manila, Cebu, or anywhere in between, Nook is here to make sure you're not leaving money on the table. If you're weighing your options, it's also worth checking out how UCPB compares to Security Bank on refinancing rates before you decide.
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 taking out a new loan with a different bank to pay off your existing UCPB balance, ideally at a lower interest rate. There are no restrictions preventing you from switching lenders, and many Filipino homeowners do this once their initial fixed-rate lock-in period ends to secure better terms.
The best time to refinance is typically when your current fixed-rate period is about to expire or has already expired, as your rate may reprice to a higher variable rate. It's also worth refinancing if current market rates are at least 1% to 2% lower than what you're paying — on a multi-million peso loan, even a 1% difference translates to significant monthly and lifetime savings.
Nook's service is completely free for borrowers — we are compensated by the banks, not by you. You will still need to budget for standard refinancing costs such as bank processing fees, appraisal fees, and notarial charges (typically ranging from 20,000 to 60,000 pesos depending on the lender and loan size), but Nook will walk you through all expected costs upfront so there are no surprises.
Generally, you'll need a valid government-issued ID, your latest UCPB loan statement, proof of income (payslips or ITR for the past two years), a copy of your Transfer Certificate of Title (TCT), and recent property tax receipts. Your Nook advisor will give you a complete checklist tailored to your situation and the bank you're applying with.
Most refinance applications processed through Nook are completed within four to six weeks from submission of complete documents. The timeline depends on the receiving bank's processing speed and how quickly your UCPB account can be settled and released. Nook actively follows up on your behalf to keep things moving as smoothly as possible.
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