UnionBank home loan: rates, requirements and how to apply

UnionBank is one of 20+ banks on Nook's lending panel. Tell us about your plans once, and your dedicated Nook Home Loan Expert prepares and submits your UnionBank application for you — then compares it against the rest of the market to find the sharpest rate you actually qualify for. It's 100% free, because the bank pays Nook, not you.

A Nook banking partner

Getting a UnionBank housing loan through Nook

UnionBank of the Philippines is one of the country's largest universal banks and a long-standing home loan provider for house-and-lot purchases, condominiums, refinancing, home equity and construction. As the Philippines' original and award-winning mortgage broker, Nook works with UnionBank so you can access its home loan products without ever dealing with the bank directly.

Written by Nook Editorial Team Reviewed to Nook's editorial standards · Updated 2 August 2026

Can I get a UnionBank home loan through Nook?

Yes. UnionBank is one of the 20+ partner banks on Nook's lending panel. You don't apply to UnionBank directly — you tell Nook about your situation once, and your dedicated loan consultant submits and runs your UnionBank application for you, alongside any other banks that fit. Banks pay Nook a commission once your loan is released, so the whole service is 100% free to you.

Most Filipino buyers apply to one bank, wait, and hope. If they're declined or offered a weak rate, they start again from scratch with the next bank — weeks of branch visits, photocopied documents and follow-up calls. Nook removes all of that. You complete one short application with Nook, and we put your profile in front of UnionBank and the rest of our 20+ partner banks at the same time, then guide you to the lender most likely to approve you at the sharpest rate.

Crucially, Nook is a full-service brokerage — not a self-serve comparison site. We don't just point you at a UnionBank form and wish you luck. A dedicated Nook loan consultant runs your entire UnionBank application for you: preparing the paperwork, submitting it, chasing the bank for updates and keeping you posted at every step. You never fill in UnionBank's bank forms yourself or queue at a branch.

UnionBank home loan details

How much you can borrow with a UnionBank housing loan

The key numbers behind a UnionBank home loan, so you know what to expect before you apply.

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From ₱500,000

UnionBank housing loans start at a minimum loan amount of ₱500,000, with no published maximum peso ceiling.

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Up to 90% financing

You can borrow up to 90% of the property's appraised value, so your equity covers the balance.

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10% to 99% down

Choose a down payment anywhere from 10% to 99%, so you can size your loan around your budget.

Because UnionBank finances up to 90% of the appraised value, you'd typically put down at least 10% — but you can choose a down payment anywhere from 10% up to 99% if you'd prefer to borrow less. Your Nook consultant will model these numbers against your budget and confirm exactly where UnionBank lands for your property before you commit.

Am I eligible?

UnionBank home loan eligibility

To qualify for a UnionBank housing loan, you'll generally need to meet the following.

Be 21 to 65 years old, but not exceeding age 70 upon loan maturity.
Be a Filipino or former Filipino citizen.
If employed, hold permanent status with your employer.
If self-employed, your business has been operating profitably for at least two years.

Not sure whether you tick every box? Pre-qualify with Nook in about three minutes and your consultant will confirm where you stand with UnionBank — and which of our 20+ partner banks you'd also qualify with.

What Nook handles for you

Done-for-you, from pre-qualify to approval

With a UnionBank application through Nook, the legwork is ours. Here's what you get.

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A dedicated loan expert

One Nook Home Loan Expert is assigned to you and owns your UnionBank application end to end, so you always know who to ask.

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UnionBank vs the whole panel

We weigh UnionBank's current offer against 20+ banks so you can see whether it's genuinely your best fit — at the sharpest rate available.

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Paperwork & bank chasing

We prepare your documents, submit to UnionBank and handle all the back-and-forth with the bank, so you don't have to.

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Updates the whole way

Automated alerts by text and email keep you posted on your UnionBank application, so you're never left wondering what's happening.

How it works

From pre-qualify to keys, with Nook beside you

Applying for a UnionBank home loan through Nook takes four simple steps.

Pre-qualify in 3 minutes

Answer a few questions online and see your options — including where UnionBank fits — in about three minutes.

We match you

Nook compares UnionBank against 20+ banks and identifies the lender most likely to approve you at the sharpest rate.

We do the legwork

Your consultant prepares your documents, submits your UnionBank application and chases the bank — all handled for you.

Get approved

Move into your home faster, with Nook beside you the whole way through to release of the loan.

Why a broker

UnionBank direct vs UnionBank through Nook

Same bank, same loan — a very different experience.

Through Nook

✓ One application, compared across UnionBank and 20+ banks
✓ A dedicated expert runs the whole UnionBank application for you
✓ Documents, submission and follow-ups handled on your behalf
✓ Progress alerts by text and email the whole way
✓ 100% free — the bank pays Nook, not you

Applying to the bank yourself

× One bank at a time — start over if you're declined
× You fill in the forms and queue at a branch
× You chase the bank for every update
× No easy way to know if the rate is competitive
× Weeks of legwork on your own

About the rate

How UnionBank home loan rates work

There's no single UnionBank home loan rate to quote — and that's exactly where Nook helps.

A UnionBank housing loan rate is set by your chosen fixing period (the longer you fix, generally the higher the rate), your loan amount and tenor, the property type, and your income and credit profile. Banks also adjust pricing regularly in line with market conditions, so a figure that's accurate today can be stale next month.

Rather than chase a number that moves, Nook compares UnionBank's live pricing against 20+ banks at the moment you apply and shows you the sharpest rate you genuinely qualify for. Sometimes that's UnionBank; sometimes another lender wins — and because Nook runs the application either way, you get the best outcome without the guesswork. Pre-qualifying is free and takes about three minutes.

UnionBank home loan FAQs

UnionBank questions, answered

The things Filipino buyers most often ask about getting a UnionBank home loan through Nook.

What is the home loan interest rate for a UnionBank housing loan?

UnionBank's home loan rate depends on your fixing period, loan amount, property type and profile, and bank pricing changes regularly — so there is no single fixed number. Rather than quoting a figure that may be out of date, Nook compares UnionBank's current pricing against 20+ banks at the time you apply and shows you the sharpest rate you actually qualify for. One of the main benefits of using Nook is access to lower interest rates — book a free consultation and we'll find the sharpest rate you qualify for. Pre-qualifying takes about 3 minutes and is free.

What are the UnionBank home loan requirements?

UnionBank home loan requirements normally cover three areas: your identity, your income and the property. Expect valid government IDs, a completed application and civil-status documents where relevant. Employed applicants usually provide a certificate of employment, recent payslips and an income tax return; self-employed applicants may need business registration, financial statements, tax returns and bank statements; OFWs may need an employment contract, proof of remittances and a Special Power of Attorney. Property documents can include the title or CCT/TCT, tax declaration, contract to sell and plans or cost estimates for construction. The exact checklist depends on the loan purpose and borrower profile. See Nook's home-loan document guide or ask Nook for a lender-specific checklist before lodging.

Does UnionBank have a home loan calculator?

A calculator can estimate UnionBank home loan monthly amortisation, but it cannot confirm the rate or amount the lender will approve. A useful estimate needs the loan amount, interest rate, repayment term and fixing period; borrowing power also depends on income, existing debts, age and the property's appraised value. Test different rates and terms with Nook's free monthly repayment calculator, then use the borrowing-power calculator. Treat the result as a planning estimate until UnionBank completes credit assessment and property valuation.

Can OFWs and self-employed borrowers apply for a UnionBank home loan?

They may be able to, provided they meet UnionBank's current credit, age, income and property criteria. OFWs are commonly asked for a verified employment contract, passport or IDs, proof of salary and remittances, and sometimes a Special Power of Attorney for a Philippine representative. Self-employed borrowers usually need business registration, tax returns, financial statements and bank statements showing stable cash flow. Requirements vary by occupation, country of employment and loan purpose. Nook can compare UnionBank with other lenders whose policies fit non-standard income and help assemble the right evidence. Nook's OFW home-loan guide explains the usual process.

How much can I borrow with a UnionBank housing loan?

UnionBank housing loans start at a minimum loan amount of ₱500,000, and you can borrow up to 90% of the property's appraised value. That means you'd typically put down at least 10%, though you can choose a down payment anywhere from 10% to 99% if you'd prefer to borrow less. Your Nook consultant will model these figures against your budget before you apply.

Who is eligible for a UnionBank home loan?

To qualify for a UnionBank housing loan you generally need to be 21 to 65 years old but not exceeding age 70 upon loan maturity, and a Filipino or former Filipino citizen. Employees should hold permanent status with their employer, while self-employed applicants should have a business that has been operating profitably for at least two years. Pre-qualify with Nook and your consultant will confirm where you stand with UnionBank and the rest of our 20+ partner banks.

How long does UnionBank home loan approval take?

There is no guaranteed UnionBank approval time. Initial credit assessment can begin once the application and income documents are complete, but final approval may also depend on employment or business verification, credit checks, property appraisal, title review and any conditions the lender sets. An incomplete or inconsistent document set is one of the most common causes of delay. Nook checks the file before submission, follows up on outstanding items and keeps the borrower updated, but the final decision and timing remain with UnionBank. If timing matters, read Nook's home-loan approval guide before applying.

What fees and upfront costs come with a UnionBank home loan?

Budget for more than the down payment. Depending on the property and loan, costs can include appraisal, bank processing or handling charges, documentary stamp tax, notarial and registration fees, mortgage registration, fire insurance and mortgage redemption or life insurance. A refinancing or loan take-out can also involve cancellation, transfer and possible prepayment charges from the existing lender. Some costs may be financed or discounted during a promotion, but this should be confirmed in writing. Ask for an itemised disclosure showing the rate, monthly amortisation, one-off fees and total amount payable so you can compare UnionBank with other lenders on an all-in basis.

How do I apply for a UnionBank housing loan with Nook?

Start by pre-qualifying with Nook online in about 3 minutes. A dedicated Nook loan consultant then reviews your situation, prepares your documents, and submits your UnionBank application for you — handling all the back-and-forth with the bank, follow-ups and updates. You never need to fill in UnionBank's forms or visit a branch yourself. You'll get progress alerts by text and email the whole way through.

Can I get a UnionBank home loan through Nook?

See if UnionBank fits you.

Pre-qualify in 3 minutes and we'll compare UnionBank against 20+ banks, then run your whole application for you. Free, with no obligation. Prefer to talk it through first? Chat with a Nook expert.

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