FOGARIM and Damane Assakane: the state-guaranteed home loan

What is FOGARIM?

FOGARIM is a state guarantee fund for households with modest or irregular incomes (traders, artisans, liberal professions without a payslip). It guarantees a large part of the loan, allowing access to credit with a small down payment.

What is Damane Assakane?

Damane Assakane is a public guarantee scheme that facilitates access to home loans for the middle class, covering part of the risk for the bank and reducing the required down payment, for housing up to a certain ceiling.

Who can benefit?

FOGARIM mainly targets modest/irregular incomes; Damane Assakane targets middle and regular incomes. The conditions (income and price ceilings) change: check with your bank.

What supporting documents should you prepare?

Generally: national ID, proof of income suited to your status (payslips for an employee; certificates, statements or tax declarations for the self-employed), recent bank statements, the sale agreement and the property documents. The exact list is confirmed by the bank that builds the guarantee file.

Can a civil servant benefit from FOGARIM?

FOGARIM targets modest or irregular incomes first. A civil servant, with a regular income, is better suited to Damane Assakane or a conventional loan — often on good terms thanks to job stability. The bank steers you to the scheme that fits your profile.

Are the self-employed or liberal professions eligible?

Yes — they are FOGARIM’s core audience. The self-employed, artisans, traders and liberal professions without a payslip can benefit, because the state guarantee offsets the lack of a regular salaried income. You justify income by other means (statements, tax declarations, certificates).

How long does it take to process the file?

With a complete file, the bank’s agreement in principle often comes within 1 to 2 weeks; adding the public guarantee and issuing the final offer takes a few weeks more. An incomplete file is the main cause of delay: prepare every document in advance.