Mortgages in Morocco in 2026: rates, deposit, term and borrowing capacity

Most buyers in Morocco finance their home with a mortgage. A well-prepared application can save you tens of thousands of dirhams over the life of the loan. Here is how mortgages work in Morocco in 2026 and how to optimise yours.

Mortgage rates in 2026

Moroccan banks mainly offer fixed-rate loans. In 2025-2026, rates generally range from 4.25% to 5.5% depending on the bank, the term, your deposit, income stability and employer. Some banks also offer variable or capped rates. Always compare at least three offers.

How much can you borrow?

The general rule is a maximum debt-to-income ratio of 40% of net income (sometimes 45% for higher incomes). With MAD 15,000 net income and no other loans, the maximum payment is about MAD 6,000, i.e. close to MAD 1.08 million over 25 years at 4.5%. Run your own numbers on our Morocco mortgage calculator.

Deposit and term

• Salaried residents: financing up to 100% of the price is possible, but purchase costs remain yours.
• Moroccans abroad: financing is often limited to 70-80% — see our guide to buying in Morocco from abroad.
• Term: usually up to 25 years, sometimes 30. A longer term lowers the payment but raises total interest.

Notary and purchase costs, about 6 to 7.5% of a new-build price, are rarely financed by the bank: plan them from your savings.

Insurance and guarantees

Life and disability insurance is mandatory. Its rate, based on the borrowed capital, can be a large share of the total cost: negotiate it. The bank also takes security, usually a first-rank mortgage on the property.

Damane Assakane: FOGARIM and FOGALOGE

The public Damane Assakane scheme eases access to credit with a state guarantee: FOGARIM for modest or irregular incomes, FOGALOGE for the middle class and Moroccans abroad. Under conditions, it can allow financing without a deposit. Ask your bank.

Building a strong application

• ID, proof of income (last 3 payslips, salary certificate, or accounts for self-employed)
• Recent bank statements
• Preliminary or reservation contract and property details
• For Moroccans abroad: proof of residence and income abroad

Combine a mortgage with housing aid

For a first new home at a moderate price, the Daam Sakane aid (MAD 70,000 or 100,000) reduces the amount to borrow. Once your budget is clear, describe your project: we search for properties that fit your financing.