UnionBank offers competitive housing loan rates starting at 7.00% p.a. — but through Nook, qualified borrowers can access rates as low as 5.99% p.a. at zero cost to you.
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Why this matters
UnionBank is one of the Philippines' most digitally advanced banks, and its housing loan product reflects that — with a streamlined application process, competitive fixed rates, and flexible eligibility that covers private employees, government workers, BPO professionals, OFWs, seafarers, and the self-employed. With a minimum monthly income requirement of just ₱30,000 and a maximum debt-to-income ratio of 50%, UnionBank's housing loan is accessible to a wide range of Filipino borrowers. Whether you're buying a ready-for-occupancy unit, a pre-selling property, or financing a renovation or home equity loan, UnionBank has a loan purpose to match your situation. You can learn more about what documents you'll need in this UnionBank housing loan requirements and application guide.
If you already have an existing home loan — whether with UnionBank or another bank — it's worth checking whether refinancing could reduce your monthly amortisation. Many Filipino homeowners are still paying rates of 8% or higher locked in several years ago. With rates now available at 5.99% p.a. through Nook's panel of partner banks (which includes UnionBank), there's a real opportunity to reduce your monthly burden without paying broker fees. Nook's service is completely free for borrowers — we're compensated by the banks, not you. For a deeper look at how UnionBank's current rates stack up, see the complete 2026 UnionBank interest rate guide.
Comparing housing loan offers across multiple banks used to mean visiting each branch individually or filling out multiple applications. Nook simplifies this by doing the comparison for you — submitting your profile to our partner banks simultaneously and presenting you with the best offer available. Whether UnionBank turns out to be your best fit or another lender edges ahead on rate or terms, you'll know you made an informed decision. Interest rates are subject to change; all figures on this page reflect rates available at time of publication and should be verified directly with the bank or through a Nook advisor before making any financial commitment.
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
UnionBank currently offers a 1-year fixed rate of 7.00% p.a. for both standard housing loans and home equity loans. Rates are repriced at the end of each fixed period based on prevailing market rates, so your rate may change after the initial term. Always confirm the latest rates with UnionBank directly or through a Nook advisor, as rates are subject to change.
UnionBank accepts applications from a broad range of employment types including private-sector employees, government workers, BPO professionals, OFWs, seafarers, self-employed individuals, and licensed professionals. The minimum monthly income requirement is ₱30,000, and your total monthly debt obligations (including the new loan) must not exceed 50% of your gross monthly income.
UnionBank's housing loan covers a wide range of purposes: purchasing ready-for-occupancy (RFO) properties, pre-selling units, reselling homes, new construction, renovation, foreclosed property acquisition, and home equity loans. This flexibility makes it a strong option whether you're buying your first home or unlocking the equity in a property you already own.
Yes — if you currently have a home loan with another bank and are looking for a lower rate, Nook can assess whether refinancing to UnionBank (or another partner bank) makes financial sense for you. The process is free for borrowers, and Nook handles the comparison and application legwork on your behalf. You can explore your refinancing options further in this UnionBank housing loan refinance guide.
When you apply directly with UnionBank, you only see UnionBank's offer. When you apply through Nook, your profile is submitted to multiple partner banks — including UnionBank — so you can compare offers side by side and choose the one with the best rate and terms for your situation. Nook's service costs you nothing; we earn a referral fee from the bank only if your loan is approved and disbursed.
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