Mortgages for Foreign Nationals in Morocco
Local banks and other lenders in Morocco do issue mortgages to foreign nationals. Some of the major banks offering mortgages to foreign nationals include Banque Populaire, BMCE Bank, and Attijariwafa Bank.
Local Lenders in Morocco
Banque Populaire, BMCE Bank, Attijariwafa Bank, Credit Agricole, and Societe Generale are some of the major lenders that provide mortgages in Morocco.
Deposit Requirements in Morocco
The deposit required when buying a property in Morocco typically ranges from 10-30% of the property value.
Outstanding Debts in Morocco
New property owner is responsible for any outstanding debts on the property in Morocco. The buyer is required to pay off any debts or liens on the property before completing the purchase.