UNIONBANK REFINANCE

Lower Rates, Higher Savings
Overpaying Your Bank?

By the Nook Editorial Team · Reviewed to Nook's editorial standards

Refinance your UnionBank housing loan and reduce your monthly payments by thousands. Get access to competitive rates starting at 5.99% through our partner network.

MONTHLY SAVINGS

8.50%
Your likely rate
5.99%
Best available
₱4,850
estimated monthly savings on a ₱3,000,000 loan

No commitment. No credit check. Just your numbers.

2,400+
Homeowners helped
₱9.2K
Avg. monthly savings
15
Partner banks
100%
Free service

Why this matters

Your bank is counting on you not checking.

UnionBank has been a trusted name in Philippine banking, but housing loan rates have evolved significantly. If you secured your UnionBank housing loan when rates were higher, you could be paying more than necessary on your monthly amortization. Through Nook's network of partner banks, including UnionBank itself with competitive rates of 7.00% for qualified borrowers, you can explore better refinancing options.

As a Nook partner bank, UnionBank offers accessible qualification requirements with minimum monthly income of just ₱30,000 and maximum debt-to-income ratio of 50%. They accommodate various employment types including private employees, government workers, BPO staff, OFWs, and self-employed professionals. Whether your loan is for home equity, renovation, or property purchase, UnionBank provides flexible solutions that could significantly reduce your monthly payments.

Refinancing through Nook gives you the advantage of professional broker services at zero cost. We handle the application process, documentation, and negotiations with multiple lenders including UnionBank to ensure you get the most competitive rate available for your financial profile.

The monthly numbers on a ₱3,000,000 balance

Current payment at 8.50% ₱27,816
Refinanced payment at 5.99% ₱22,966
Monthly savings ₱4,850
Annual savings ₱58,200
Total savings over remaining term ₱873,000

Three steps. No paperwork until you decide.

1

Check your rate (60 seconds)

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.

2

Talk to a Nook consultant (15 minutes)

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.

3

Nook handles everything

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

What UnionBank borrowers homeowners ask us.

Can I refinance my existing UnionBank housing loan with UnionBank again?

Yes, UnionBank allows existing borrowers to refinance their loans to take advantage of current lower rates. As a Nook partner bank, UnionBank offers competitive rates of 7.00% for qualified applicants, which could be significantly lower than your original rate.

What are the qualification requirements for UnionBank housing loan refinance?

UnionBank requires a minimum monthly income of ₱30,000 and maintains a maximum debt-to-income ratio of 50%. They accept various employment types including private employees, government workers, BPO staff, OFWs, seafarers, self-employed individuals, and professionals.

How long does UnionBank housing loan refinance processing take?

UnionBank typically processes refinance applications within 2-4 weeks, depending on document completeness and property appraisal. Working with Nook can help expedite the process through our established partnership and streamlined documentation support.

What types of properties can I refinance with UnionBank?

UnionBank accepts various loan purposes including foreclosed properties, home equity loans, new construction, pre-selling units, ready-for-occupancy properties, renovation projects, and reselling properties. This flexibility makes them suitable for different refinancing needs.

Are there fees involved in refinancing with UnionBank through Nook?

While UnionBank may charge standard processing fees and other bank charges, Nook's broker services are completely free. We don't charge borrowers any fees for helping you secure better rates and navigate the refinancing process with UnionBank or other partner banks.

Every month you wait costs you ₱4,850.

Check your exact savings in 60 seconds. It's free and takes no commitment.

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