Welcome to marocfinancial.com

With our years of industry experience in the UK,Spain and Morocco. The mission is to ensure that you have a pleasurable experience purchasing and financing in morocco. like most countries the banks in morocco have strict lending criteria. With our knowledge of the market place, we act as independant brokers to ensure that every client gets the best deal. please take your time to browse our site and make an enquiry using our free quote request form.

Overview

Mortgages in Morocco

Many potential buyers of property in Morocco will seek finance for their purchase. This section looks into what finance options are available for purchasers and investors wishing to buy property in Morocco.

Typical Rate : 5.5%
Loan purpose : Residential.
Min Loan : N/A
Max Loan : 70% loan to value. 100% for moroccan nationals
Term : 20 years
Max Age : 70
Repay method : Capital and interest.
Currency : Dirhams
 

Additional Info : Affordability based on serviceability. Deposit of 5% of the loan amount to service the loan may be requested to be held in bank account. Rates revised annually, fixed for 5 years or fixed for duration of mortgage.

We are able to assist you with mortgages in morocco. We are particularly proud to be among the first to offer mortgages in morocco.

Where do you start?
Please complete your details on the Free Quote and one of our specialist advisers will contact you to discuss your requirements.

Approval in Principle
For all clients we are able to offer an approval in principle service. We will ask you to complete our confidential information form. This provides us with sufficient information about your finances to advise you of the likely hood of obtaining finance. In some cases we can obtain a formal approval in principle directly from the lender which is particularly comforting for new build purchases where you need to commit to a purchase way in advance of applying for the mortgage.

 

What happens next?
If you wish to proceed, we will send you a full application pack. Any required application forms will be pre-populated with the information you have already supplied. We will supply you with a specific document requirements checklist and additional information and tips about your purchase.

During the purchase
Once you have returned you application to us, as well as processing the application, we will provide you with guidance on the whole process. We will monitor your application with the lender closely and provide you with regular updates and explanation of any terms when the offer is produced. We will liaise with your other chosen professionals to help with your understanding of the complexities of your purchase such as buying through a company, residency permits, taxation issues, life cover assignment etc.

Additional Services
On completion we will accompany you to the bank for the final signing and translation service,(you will also have to open a moroccan bank account). We will also accompany you to the public office and assist you to register your mortgage with the registrars.This is a legal requirement in Morocco.