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China Mortgage/Loan Brokers Market Size (2024 - 2029)

The China Mortgage/Loan Brokers Market is experiencing significant growth, driven by a digital transformation and regulatory changes that are reshaping the sector. Brokers are increasingly utilizing technology to improve processes and customer experiences, particularly through online platforms. The market's expansion is supported by government initiatives promoting responsible lending and consumer protection, which are influencing broker operations. Key trends such as diverse financing options, customized solutions, and refinancing opportunities are contributing to the market's development, making it a dynamic and evolving industry.

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Market Size of China Mortgage/Loan Brokers Industry

China Mortgage/Loan Brokers Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 33.90 Billion
Market Size (2029) USD 61.26 Billion
CAGR (2024 - 2029) 12.56 %
Market Concentration Medium

Major Players

China Mortgage/Loan Brokers Market Major Players

*Disclaimer: Major Players sorted in no particular order

China Mortgage/Loan Brokers Market Analysis

The China Mortgage/Loan Brokers Market size is estimated at USD 33.90 billion in 2024, and is expected to reach USD 61.26 billion by 2029, growing at a CAGR of 12.56% during the forecast period (2024-2029).

The China’s mortgage loan broker market is a dynamic sector. Mortgage loan brokers in Japan have tremendous business opportunities, particularly in assisting first-time homebuyers and those looking to relocate or upgrade their residences. 

The mortgage loan industry in China is undergoing a digital transformation. Brokers increasingly leverage technology to streamline processes, enhance customer experiences, and offer online mortgage application platforms. Moreover, regulatory changes are influencing the mortgage market.

Initiatives by the government to encourage responsible lending and protect consumer interests have affected the way mortgage loan brokers operate. Staying compliant with evolving regulations is a critical aspect of their business. Trends such as digital transformation, diverse financing options, regulatory changes, customized solutions, and refinancing opportunities are supporting the market’s growth.

China Mortgage/Loan Brokers Industry Segmentation

A mortgage loan is a type of secured loan where the borrower avails funds by providing assets as collateral to the lender; it is usually sanctioned against an immovable asset like a house or a commercial property. China has observed a continuous increase in the price of its residential property with a stable interest rate, and this leads to a mortgage loan as a beneficial policy where even in case of default by the borrower, the bank will be able to recover its given amount through the high price of the property. 

China mortgage/loan brokers market is segmented by type of mortgage loan, mortgage loan terms, interest rate, and provider. By type, the market is sub-segmented into conventional mortgage loans, jumbo loans, government-insured mortgage loans, and other types of mortgage loans. By mortgage loan terms provider, the market is sub-segmented into 30-year mortgages, 20-year mortgages, 15-year mortgages, and others. By interest rate, the market is sub-segmented into fixed-rate mortgage loans and adjustable-rate mortgage loans. By provider, the market is sub-segmented into primary mortgage lender and secondary mortgage lender. The report offers market size and forecasts for the china mortgage/loan brokers market in value (USD) for all the above segments.

By Type of Mortgage Loan
Conventional Mortgage Loan
Jumbo Loans
Government-insured Mortgage Loans
Other Type of Mortgage Loans
By Mortgage Loan Terms
30- years Mortgage
20-year Mortgage
15-year Mortgage
Other Mortgage Loan Terms
By Interest Rate
Fixed-Rate
Adjustable-Rate
By Provider
Primary Mortgage Lender
Secondary Mortgage Lender
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China Mortgage/Loan Brokers Market Size Summary

The China Mortgage/Loan Brokers Market is experiencing significant growth, driven by a combination of digital transformation and regulatory changes. Brokers are increasingly utilizing technology to streamline processes and enhance customer experiences, offering online mortgage application platforms. This shift is supported by government initiatives aimed at encouraging responsible lending and protecting consumer interests, which have influenced the operational strategies of mortgage loan brokers. The market is characterized by trends such as diverse financing options, customized solutions, and refinancing opportunities, all contributing to its expansion. The decline in interest rates has further facilitated access to mortgage loans, making them more appealing to borrowers without collateral, while rising real estate prices provide assurance to lending agencies.

As a major global economic hub, China has connected a significant portion of its population to banking facilities, enhancing access to mortgage loans through mobile internet services. This increased banking penetration has led to a rise in the total loan amount, particularly among state-owned commercial banks. However, the growth in non-performing loans has prompted a more cautious lending approach. The market is dominated by major state-owned banks, including the Industrial and Commercial Bank of China and the China Construction Bank, among others. Recent developments, such as the Agricultural Bank of China's global matchmaking platform launch and HSBC Bank's acquisition of Citi’s retail wealth management portfolio, highlight the dynamic nature of the market and its ongoing evolution.

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China Mortgage/Loan Brokers Market Size - Table of Contents

  1. 1. MARKET DYNAMICS AND INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Surge in China household Wealth

      2. 1.2.2 Increasing Penetration rate among investors

    3. 1.3 Market Restraints

      1. 1.3.1 Competition from Western Banks and tightening of risk management rules.

      2. 1.3.2 Requirement of fresh Capital for financing

    4. 1.4 Market Opportunities

      1. 1.4.1 Fintechs Innovative products expanding the Market

      2. 1.4.2 The partnership between fintech and traditional Banks towards a more stable business

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Bargaining Power of Buyers

      2. 1.5.2 Bargaining Power of Suppliers

      3. 1.5.3 Threat of New Entrants

      4. 1.5.4 Threat of Substitutes

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Insights of Technology Innovations in the Market

    7. 1.7 Insights on various regulatory landscape

    8. 1.8 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type of Mortgage Loan

      1. 2.1.1 Conventional Mortgage Loan

      2. 2.1.2 Jumbo Loans

      3. 2.1.3 Government-insured Mortgage Loans

      4. 2.1.4 Other Type of Mortgage Loans

    2. 2.2 By Mortgage Loan Terms

      1. 2.2.1 30- years Mortgage

      2. 2.2.2 20-year Mortgage

      3. 2.2.3 15-year Mortgage

      4. 2.2.4 Other Mortgage Loan Terms

    3. 2.3 By Interest Rate

      1. 2.3.1 Fixed-Rate

      2. 2.3.2 Adjustable-Rate

    4. 2.4 By Provider

      1. 2.4.1 Primary Mortgage Lender

      2. 2.4.2 Secondary Mortgage Lender

China Mortgage/Loan Brokers Market Size FAQs

The China Mortgage/Loan Brokers Market size is expected to reach USD 33.90 billion in 2024 and grow at a CAGR of 12.56% to reach USD 61.26 billion by 2029.

In 2024, the China Mortgage/Loan Brokers Market size is expected to reach USD 33.90 billion.

China Mortgage/Loan Brokers Market Report Snapshots

China Mortgage/Loan Brokers Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)