the introduction of a second examination in cases of refusal of real estate loans

French banks will introduce a system to “review” rejected applications. Organized between February and December 2024, it will be done at the request of the customers.

A kind of second chance. Strongly encouraged by the Banque de France and Bercy, French banks will introduce a system to “review” loan applications. denied real estate loansannounced their professional federation on Wednesday, in the context of the real estate crisis.

“We are establishing a new system of temporary assistance aimed at clients who have had difficulties in implementing their real estate projects,” said Nicolas Namias, president of the French Banking Federation (FBF), who is also president of the BPCE board. Press release .

“The goal is to understand the reasons for their bank’s decision and, if the conditions are met, to benefit from a review of the credit file,” he continued.


This second review of non-disbursed real estate loans will be done at the request of customers. It will be about the financing of primary and secondary residences and rental investment files.

This system will be gradually implemented by the banks during February 2024, and will be applied until the end of December 2024, specifies the FBF. Loan applicants registered in the payment incident files managed by the Banque de France (FICP, FCC) will be excluded.

The place of real estate: Housing crisis, new solutions?  - 01/15
The place of real estate: Housing crisis, new solutions? – 01/15

“Each banking establishment determines the ways of organizing and informing its customers,” adds the federation. The idea of ​​this appeal was launched on November 17 by the governor of the Bank of France, François Villeroy de Galhau, on the occasion of the annual conference of the Control and Resolution Authority (ACPR).

Instant resonance

Economy Minister Bruno Le Maire followed suit two weeks later, as did the Supreme Council for Financial Stability (HCSF) in early December. The public authorities want to recover the seized real estate credit machine a sudden increase in prime rates of the European Central Bank (ECB), immediately reflected in their balance sheets by banks that are attentive to their margins.

Many loan candidates logically have they preferred to postpone their purchase project, hoping to capture a bit of the still falling sales price. The monthly production of new housing loans – excluding renegotiations – will be 8.6 billion in December, the lowest point since January 2015, according to the Bank of France.

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