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

The market size of the mortgage/loan brokers industry in Indonesia is expected to grow significantly over the forecast period. This growth is attributed to the country's continuous recovery in GDP, a stable interest rate, and increasing residential and commercial estate prices, which create a suitable environment for investment and growth. Despite experiencing a decline in its monthly year-on-year growth and a slight dip in per capita income growth due to COVID-19 disruptions, the nation quickly regained its growth. The market's expansion is also driven by the diversity in the prime lending rate for mortgage loans and the positive growth in commercial and residential property price indexes, which have spurred more demand for mortgage loans.

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Market Size of Indonesia Mortgage/Loan Brokers Industry

Indonesia Mortgage/Loan Brokers Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 4.56 Billion
Market Size (2029) USD 7.39 Billion
CAGR (2024 - 2029) 10.16 %
Market Concentration Medium

Major Players

Indonesia Mortgage/Loan Brokers Market Major Players

*Disclaimer: Major Players sorted in no particular order
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Indonesia Mortgage/Loan Brokers Market Analysis

The Indonesia Mortgage/Loan Brokers Market size is estimated at USD 4.56 billion in 2024, and is expected to reach USD 7.39 billion by 2029, growing at a CAGR of 10.16% during the forecast period (2024-2029).

In the Indonesia region, because of the complex financial services, there is an increased demand for expertise for guidance in mortgage financing. Mortgage brokers in the Indonesia region provide personalized advice based on the client's unique financial situations and long-term goals. Before providing mortgage services, brokers get to know the customers' requirements and give the best mortgage options. Therefore, these factors help customers to make intelligent decisions.

In Indonesia, mortgage brokers are essential 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 Indonesia know a lot about the mortgage market. They know more about various loan products, interest rates, and eligibility criteria. This expertise can help borrowers guide them through complex processes and make informed decisions.

Indonesia Mortgage/Loan Brokers Industry Segmentation

 A mortgage is a loan used to purchase or maintain a home, land, or other real estate types; the property then serves as collateral to secure the loan. The mortgage loan market is an area that needs to be focussed in indonesia, with some factors lying in favor of the market and some against it. 

Indonesia mortgage/loan brokers market is segmented by type of mortgage loan, mortgage loan terms, interest rate, and provider. By type of mortgage loan, 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, the market is sub-segmented into 30-year mortgages, 20-year mortgages, 15-year mortgages, and other mortgage loan terms. 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 lenders and secondary mortgage lenders. The report offers market size and forecasts for the Indonesia 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 Types of Mortgage Loan
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

Indonesia Mortgage/Loan Brokers Market Size Summary

The Indonesia Mortgage/Loan Brokers Market is anticipated to show significant growth over the forecast period. The market is driven by the country's population growth, recovery in GDP, and the increasing demand for mortgage loans due to positive growth in both commercial and residential property price indexes. Furthermore, the average mortgage rate in Indonesia has created a broad range of options for mortgagees. The market's expansion is also facilitated by credit's role in promoting growth and investment, and a stable interest rate environment. Trends in the Indonesia Mortgage/Loan Brokers Market include changes in real estate prices and increased access to the banking system. The residential property price index has seen continuous growth, leading to an increased importance of home loans compared to commercial property loans. Additionally, the ownership rate of housing units has been on the rise. With improved access to banking systems, the Indonesian population can more easily access loan facilities offered by banks. This, coupled with the country's population growth, has created a need for banks to expand their reach, thus promoting the growth of the mortgage loan market. Major banks in the country offer various interest rates on mortgage loans, aiming to attract customers.

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Indonesia 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 Increase in demand for Financial Home Loan Solutions

      2. 1.2.2 Increasing Penetration rate among investors

    3. 1.3 Market Restraints

      1. 1.3.1 Lack of Risk Valuation Capabilities

      2. 1.3.2 High level of Brokerage Service Charges and Commission

    4. 1.4 Market Opportunities

      1. 1.4.1 Fintechs Innovative products expanding the Market

      2. 1.4.2 Partnership between fintech and traditional Banks driving the Market

    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 Types of Mortgage Loan

    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

Indonesia Mortgage/Loan Brokers Market Size FAQs

The Indonesia Mortgage/Loan Brokers Market size is expected to reach USD 4.56 billion in 2024 and grow at a CAGR of 10.16% to reach USD 7.39 billion by 2029.

In 2024, the Indonesia Mortgage/Loan Brokers Market size is expected to reach USD 4.56 billion.

Indonesia Mortgage/Loan Brokers Market Report Snapshots

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