France mortgages: rejected applications (net %)
France mortgages: rejected applications (net %) stood at 12.5 Net percentage in Q3 2026, according to ECB Data Portal – Bank lending survey (BLS), France. It is one of the indicators in the Credit conditions surveys table (Value · Quarterly), with a complete series running from Q2 2015 to Q3 2026. The complete series with an interactive chart, free to download.
This indicator in the Credit conditions surveys table
| Indicator | Q3-2026 | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Loans for house purchase | |||||||||||
| Rejected loan applications, past three months (net percentage) | 12.5 | 0 | 0 | 0 | -12.5 | 0 | -12.5 | 0 | -11.11 | 0 | |
| Credit standards, past three months (diffusion index) | 6.25 | 0 | -7.14 | 0 | 0 | -12.5 | -6.25 | -11.11 | -16.67 | -11.11 |
Understanding france mortgages: rejected applications (net %)
Surveyed lending institutions report the net balance of applications for house purchase that could not be accommodated during the preceding three months. This proportion isolates residential property acquisition financing from broader household borrowing categories, capturing only those instances where formal loan requests failed to meet internal risk thresholds or collateral requirements. Unlike diffusion indices tracking internal policy strictness or anticipated volumes, this metric focuses strictly on completed application outcomes rather than prospective intent or guideline modifications. Excluded from this count are informal inquiries withdrawn before formal submission, commercial real estate facilities, and consumer credit lines.
Interpreting this balance requires accounting for quarter-on-quarter shifts in borrower submission profiles alongside broader monetary policy transmissions. Seasonal patterns frequently emerge around traditional property acquisition periods, necessitating careful comparison against identical periods rather than adjacent quarters. Analysts must avoid treating net percentage balances as absolute counts of denied borrowers, because the measure reflects weighted institutional responses rather than precise registry totals. Revisions remain minimal since participating lenders submit final counts based on historical portfolio data, though questionnaire adjustments can occasionally introduce minor classification discontinuities.
Frequently asked questions
- What distinguishes rejected residential loan applications from credit standard indices?
- Rejected applications measure the proportion of formal mortgage requests turned down by institutions, whereas credit standards track the internal tightness of lending policies applied to borrowers.
- Why is this residential mortgage series reported as a net percentage?
- The net percentage aggregates weighted institutional answers by subtracting the share of lenders reporting lower rejection rates from those reporting higher rejection rates.
- Does this series include consumer credit application rejections?
- No, this specific metric is restricted strictly to loans designated for house purchase.