Asia-Pacific Mortgage/Loan Brokers Market Size
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR (2024 - 2029) | 18.40 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Asia-Pacific Mortgage/Loan Brokers Market Analysis
The Asia-Pacific Mortgage/Loan Brokers Market is expected to register a CAGR of 18.40% during the forecast period.
The Asia Pacific region's mortgage/loan brokers market is experiencing significant growth and development. Mortgage brokers act as intermediaries between borrowers and lenders, helping individuals and businesses secure loans for various purposes, such as purchasing a home or starting a business. Brokers look for the best financial terms and rates, whether their client is funding a loan or starting a new business. They haggle with lenders to approve their loans or investigate other possibilities. One company's mortgage rates and plans are available from a bank loan officer.
Additionally, the Asia Pacific region has seen a rise in demand for mortgage and loan services due to rapid urbanization, growing middle-class populations, and increasing entrepreneurial activities. This has created opportunities for mortgage brokers to expand their client base and cater to various loan requirements. With substantial investments and mergers across numerous industries, the Asia-Pacific (APAC) region is an important market for international deal-making.
Asia-Pacific Mortgage/Loan Brokers Market Trends
Growth in Demand for Personalized Financial Guidance
In the Asia Pacific region, because of the complex financial services, there is an increased demand for expertise for guidance in mortgage financing. Mortgage brokers in the Asia Pacific region provide personalized guidance based on the client's unique financial situations and long-term goals. Before providing mortgage services brokers get to know the requirements of the customers and they provide the best mortgage options available. Therefore, these factors help customers to make smart decisions.
India Dominates The Market
In India, mortgage brokers play an important role in the housing finance sector. They act as an intermediary between borrowers and lenders and guide individuals in obtaining mortgage loans. The mortgage brokers in India know well about the mortgage market. They know more about various loan products, interest rates, and eligibility criteria. This expertise can help borrowers to guide through complex processes and make informed decisions. Therefore, India dominates the market
Asia-Pacific Mortgage/Loan Brokers Industry Overview
The report covers the key international rivals in the Asia-Pacific mortgage/loan broker market. Since they rely on their connections to the top lenders and real estate agents in their areas, loan brokers are in a fiercely competitive industry. Some important market players are LIC Housing Finance Ltd., ICICI Home Finance Company Ltd., China Huirong Financial Holdings Ltd, Prestia SMBC Trust Bank, and Askari Bank.
Asia-Pacific Mortgage/Loan Brokers Market Leaders
-
LIC Housing Finance Ltd.
-
ICICI Home Finance Company Ltd.
-
China Huirong Financial Holdings Ltd
-
Prestia SMBC Trust Bank
-
Askari Bank
*Disclaimer: Major Players sorted in no particular order
Asia-Pacific Mortgage/Loan Brokers Market News
- March 2023: All Fleet Mortgages' two- and five-year fixed-rate packages had their rates reduced. The buy-to-let lender claims a 20 basis point reduction in its standard, limited company, residences in multiple occupations, and multi-unit freehold block loans in these term ranges.
- February 2023: For additional lending to smaller institutions to support social sector funding, the State Bank of India raised USD 1 billion in syndicated social funds, the largest ESG loan in Asia Pacific history. This USD 1 billion fund, which includes a green shoe of USD 500 million, was raised by SBI from international banks.
Asia-Pacific Mortgage/Loan Brokers 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
- 4.3 Market Restraints
-
4.4 Industry Attractiveness - Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 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 Others
-
5.3 By End- User
- 5.3.1 Businesses
- 5.3.2 Individuals
-
5.4 By Country
- 5.4.1 Australia
- 5.4.2 Bangladesh
- 5.4.3 China
- 5.4.4 India
- 5.4.5 Indonesia
- 5.4.6 Japan
- 5.4.7 Pakistan
- 5.4.8 Philippines
- 5.4.9 Thailand
- 5.4.10 Vietnam
6. COMPETITIVE LANDSCAPE
-
6.1 Company Profiles
- 6.1.1 LIC Housing Finance Ltd.
- 6.1.2 ICICI Home Finance Company Ltd.
- 6.1.3 China Huirong Financial Holdings Ltd
- 6.1.4 Prestia SMBC Trust Bank
- 6.1.5 Askari Bank
- 6.1.6 CNFinance Holdings Limited
- 6.1.7 Shinsei Bank
- 6.1.8 Tokyo Star Bank
- 6.1.9 PNB Housing Finance Ltd.
- 6.1.10 Can Fin Homes Ltd.*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
** Subject To AvailablityAsia-Pacific Mortgage/Loan Brokers Industry Segmentation
A mortgage broker acts as a middleman for people or businesses and manages the mortgage loan application process. Essentially, they create relationships between mortgage lenders and borrowers without making financial commitments.
The Asia-Pacific Mortgage/Loans Broker Market is segmented by enterprise, application, end-user, and country. By enterprise, the market is sub-segmented into large, small, and medium-sized. By application, the market is sub-segmented into home loans, commercial and industrial loans, vehicle loans, loans to governments, and others. By end-user, the market is sub-segmented into businesses and individuals. By country, the market is sub-segmented into Australia, Bangladesh, China, India, Indonesia, Japan, Pakistan, Philippines, Thailand, and Vietnam.
The market sizes and forecasts regarding value (USD) for all the above segments are provided.
By Enterprise | Large |
Small | |
Mid-sized | |
By Applications | Home Loans |
Commercial and Industrial Loans | |
Vehicle Loans | |
Loans to Governments | |
Others | |
By End- User | Businesses |
Individuals | |
By Country | Australia |
Bangladesh | |
China | |
India | |
Indonesia | |
Japan | |
Pakistan | |
Philippines | |
Thailand | |
Vietnam |
Asia-Pacific Mortgage/Loan Brokers Market Research Faqs
What is the current Asia-Pacific Mortgage/Loan Brokers Market size?
The Asia-Pacific Mortgage/Loan Brokers Market is projected to register a CAGR of 18.40% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Mortgage/Loan Brokers Market?
LIC Housing Finance Ltd., ICICI Home Finance Company Ltd., China Huirong Financial Holdings Ltd, Prestia SMBC Trust Bank and Askari Bank are the major companies operating in the Asia-Pacific Mortgage/Loan Brokers Market.
What years does this Asia-Pacific Mortgage/Loan Brokers Market cover?
The report covers the Asia-Pacific Mortgage/Loan Brokers Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Mortgage/Loan Brokers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia-Pacific Mortgage/Loan Brokers Industry Report
Statistics for the 2024 Asia-Pacific Mortgage/Loan Brokers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Mortgage/Loan Brokers analysis includes a market forecast outlook to for 2024 to (2024to2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.