Mortgage with no down payment in Morocco: is it possible?
Updated on 9 September 2026
Financing a purchase with no down payment in Morocco: when it is possible, what banks require in return, and the alternatives.
The essentials in questions
Can you borrow with no down payment in Morocco?
It is possible in some cases but far from the norm. Banks prefer a 10 to 20% down payment. Without one, they require a strong file: stable income, a permanent contract, no incidents, and sometimes extra guarantees.
Which profiles can get 100% financing?
Often young workers early in their career with good potential, civil servants, or beneficiaries of public guarantee schemes such as Damane Assakane / FOGARIM, subject to eligibility.
What is the risk of borrowing with no down payment?
A higher borrowed amount, so a higher monthly payment and total cost, and often a less favorable rate. You must also fund the acquisition costs (~6-7%), which are rarely covered by the loan.
No down payment: possible, but not automatic
The rule in Morocco remains a 10 to 20% down payment. No-down-payment financing (even 100% or 110% including costs) exists, but the bank reserves it for files it deems low-risk and usually offsets it with a less favorable rate.
What the bank looks at closely
Without a down payment, everything rests on the quality of your file.
- Job stability: permanent contract, seniority, sector.
- Debt ratio: the payment must stay under ~45% of your net income.
- Banking history: no payment incidents or repeated overdrafts.
- Eligibility for a public guarantee (Damane Assakane) depending on your situation.
Alternatives if the down payment is missing
Delay the purchase a few months to save, use family help, target a cheaper property, or apply for a public guarantee scheme. Comparing several banks stays essential: not all have the same tolerance for no-down-payment financing.
Simulate the impact of no down payment
With no down payment you borrow more. Our mortgage simulator shows you concretely the gap in monthly payment and total cost between a purchase with and without a down payment, to decide with full knowledge.
Sources & updates
Indicative information. Conditions for no-down-payment financing and eligibility for guarantee schemes (Damane Assakane) depend on each bank and your situation. Always check with the institutions and bodies concerned. Content verified September 2026.