Mortgage in Morocco for Foreign Buyers: Requirements, Rates and Down Payment (2026)
Yes, foreigners can get a mortgage in Morocco. Several Moroccan banks lend to foreign residents, non-residents and Moroccans living abroad (MRE), with different conditions. Here is what to expect in 2026 when financing a property in Casablanca.
How Much Can You Borrow?
| Profile | Typical maximum financing |
|---|---|
| Foreign resident with a residence card | About 65% to 70% of the price |
| Foreign non-resident | Around 60% of the price |
| Moroccans abroad (MRE) | Often up to 80%, sometimes more depending on the bank |
| Moroccan residents | Up to 100% for strong profiles |
Purchase costs (about 6% to 7%) are usually not financed and come on top of the down payment.
Interest Rates and Duration
- Dirham loans for foreign residents commonly range around 5% to 6% in 2026, depending on profile and bank.
- Some banks offer euro-denominated loans for borrowers with European income, at different rates.
- Maximum duration is usually 20 to 25 years.
- Banks generally require the loan to end before the borrower reaches about 70 to 75 years old.
Documents Usually Required
- Passport and, for residents, residence card
- Employment contract and last payslips, or tax returns for self-employed
- Six to twelve months of bank statements
- Proof of the down payment and of its foreign origin
- Sale promise (compromis) and title deed of the property
- Borrower life and disability insurance
Bring Your Funds the Right Way
Transfer your down payment from abroad through the banking system, in foreign currency, and keep the bank certificates proving the foreign origin of the funds. This documentation matters when you later want to transfer the proceeds of a sale back abroad.
Tips to Get Approved
- Keep your total monthly repayments under about 40% of net income.
- Open an account with the lending bank early.
- Compare at least three banks; rates and fees are negotiable.
- Consider a larger down payment to get a better rate.
Frequently Asked Questions
Can a non-resident foreigner buy property in Morocco?
Yes. Foreigners can buy residential property in Moroccan cities freely; only agricultural land is restricted.
Do I need to live in Morocco to get a loan?
No, but non-residents generally need a larger down payment than residents.
Can I use an Islamic financing product?
Yes, participative banks in Morocco offer Mourabaha home financing, with a fixed margin instead of interest.
Estimate your total budget with our guide to the cost of buying property in Morocco.
Buying, selling or renting in Casablanca? Contact Casablanca Estate to list your property or ask about a neighborhood.