France Mortgage/Loan Brokers Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR (2024 - 2029) | > 4.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
France Mortgage/Loan Brokers Market Analysis
The France Mortgage/Loan Brokers Market is expected to register a CAGR of greater than 4% during the forecast period(2024-2029).
Since fewer people were looking for loans during the COVID-19 era, which resulted in huge losses for many loan brokers, the COVID-19 pandemic had a negative impact on the growth of the French loan broker industry. Institutions' work can be put into one of three main groups: getting ready for the recovery, managing and stabilizing business risk, and dealing with volume surges.
Mortgage interest rates increased throughout the year 2022, going from a 50-year low of 1.05% in December 2021 to 2.5% in December 2022. By the end of 2023, rates are predicted to reach around 3.0% before reverting to 2.75%. A mortgage or loan broker is a person who works as a liaison between lenders who give loans and businesses that want to borrow money. Regardless of whether their client wants to fund a loan or start a new business, brokers look for the best financing rates and terms. To obtain loan approval, they haggle with lenders or explore other possibilities. A bank loan officer offers only one company's mortgage rates and services. A mortgage broker, on the other hand, works on behalf of a borrower to find the most advantageous lending options and/or the most affordable rates provided by several lenders.
Over the past three years, the French real estate market has benefited from more than just low borrowing rates. The French mortgage market has also contributed to a rise in the number of real estate deals. In France, repayment mortgages account for about 85% of all mortgages. The country's mortgage market was able to expand despite the 2007 financial crisis, the most recent Coronavirus Epidemic, and the Energy Crisis of 2022 due to the relative stability of fixed-rate mortgages. The National Institute for Statistical and Economic Research (INSEE) estimated that France had one of the largest mortgage markets in the world, with French mortgages accounting for 44% of France's GDP in 2022, up from 21% in 2000.
France Mortgage/Loan Brokers Market Trends
Mortgage lending is Surging with Rapid Digitalization
Online banking, remote jobs, and internet communication forced customers to conduct business digitally. This substantial transition to digital, which started a digital transformation that isn't likely to slow down, had an impact on the French mortgage industry. Along with the benefits that digital processes provide, a number of other factors also play a role in the surge in demand for an online mortgage process. The first is that millennials make up the bulk of those who are currently purchasing new homes. Because they were raised with smartphones and laptops, these customers demand a digital experience for everything from house searches to mortgage closings.
The Housing Market's Expansion Drives Up Demand for Mortgage Brokers
Although becoming a successful mortgage broker is challenging, it is a goal worth pursuing. Because of the intense competition, brokers must continuously be able to address client issues and be ready to prioritize the interests of the client. Nevertheless, they must also push the boundaries. Companies need to establish dependable protocols and practices, but they also need to keep developing and innovating. In other words, their success as a broker will undoubtedly be the result of a combination of several diverse attributes. They include utilizing technology, interacting with customers and the market, and being open to learning and growth.
France Mortgage/Loan Brokers Industry Overview
The study covers the key international rivals in the France mortgage/loan broker market. Since they rely on their connections to the top lenders and real estate agents in the areas they serve, loan brokers are in a fiercely competitive industry. Some major players are HSBC, BNP Paribas, Société Générale, CIC, and Crédit Courtier de France Toulouse, etc.
France Mortgage/Loan Brokers Market Leaders
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HSBC
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BNP Paribas
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Société Générale
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CIC
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Crédit Courtier de France Toulouse
*Disclaimer: Major Players sorted in no particular order
France Mortgage/Loan Brokers Market News
- October 2023: 321founded and BNP Paribas launched Panto, offers marketplaces a dedicated payment management solution that guarantees smooth and secure transactions. The fintech is aiming for rapid penetration of the European payments market.
- June 2022: TA Associates, a global growth private equity firm, and Ardian, a top-tier private investment house, entered into an agreement for Ardian to become a co-controlling shareholder of Odealim, a French market leader in real estate insurance and credit broking.
- January 2022: Pretto, a French online mortgage broker, received €30 million to expand its platform to all mortgage distribution players.
France Mortgage/Loan Brokers Market Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Demand for Financial Home Loan Solutions
4.2.2 Increased Accessibility to Loan Broker Services
4.3 Market Restraints
4.3.1 High Service Concession Charged by the Loan Brokers
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitutes
4.4.5 Intensity of Competitive Rivalry
4.5 Insights of Technology Innovations in the Market
4.6 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Enterprise
5.1.1 Large
5.1.2 Small
5.1.3 Mid-sized
5.2 By Applications
5.2.1 Home Loans
5.2.2 Commercial and Industrial Loans
5.2.3 Vehicle Loans
5.2.4 Loans to Governments
5.2.5 Other Applications
5.3 By End- User
5.3.1 Businesses
5.3.2 Individuals
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 HSBC
6.1.2 BNP Paribas
6.1.3 Societe Genarale
6.1.4 CIC
6.1.5 Credit Courtier de France Toulouse
6.1.6 Credit Conseil de France
6.1.7 Ace Credit Courtier en prt immobilier Valence
6.1.8 Meilleurtaux Lieusaint courtier en credit immobilier
6.1.9 2icep France8*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
France Mortgage/Loan Brokers Industry Segmentation
A mortgage broker acts as a go-between for clients and lenders in the mortgage loan application process. They set up partnerships between mortgage lenders and borrowers without spending any of their own money. The France mortgage and loan brokers
The France Mortgage/Loans Broker Market Is Segmented By Enterprise Size (Large, Small, And Medium-Sized), By Application (Home Loans, Commercial And Industrial Loans, Vehicle Loans, Loans To Governments, And Other Applications), And By End-User (Businesses And Individuals). The Market Sizes And Forecasts Are Provided In Terms Of Value (USD) For All The Above Segments.
| By Enterprise | |
| Large | |
| Small | |
| Mid-sized |
| By Applications | |
| Home Loans | |
| Commercial and Industrial Loans | |
| Vehicle Loans | |
| Loans to Governments | |
| Other Applications |
| By End- User | |
| Businesses | |
| Individuals |
France Mortgage/Loan Brokers Market Market Research Faqs
What is the current France Mortgage/Loan Brokers Market size?
The France Mortgage/Loan Brokers Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in France Mortgage/Loan Brokers Market?
HSBC, BNP Paribas, Société Générale, CIC and Crédit Courtier de France Toulouse are the major companies operating in the France Mortgage/Loan Brokers Market.
What years does this France Mortgage/Loan Brokers Market cover?
The report covers the France Mortgage/Loan Brokers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the France Mortgage/Loan Brokers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
France Mortgage/Loan Brokers Industry Report
Statistics for the 2024 France Mortgage/Loan Brokers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. France Mortgage/Loan Brokers analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
France Mortgage/Loan Brokers Market Report Snapshots
