Guidance Residential, LLC

Overview

Guidance Residential, LLC is a prominent home financing company based in the United States, specializing in Shariah-compliant Islamic home financing solutions for faith-conscious Americans, particularly Muslim homebuyers. Established in 1999, it has become the leading Islamic home finance provider in the country, serving over 40,000 families and funding more than $10 billion in home financing.

The organization offers a unique Declining Balance Co-ownership program, in which both the company and homebuyer co-own the property. Through monthly payments, homebuyers gradually increase their ownership share, all while adhering to Islamic principles. Features include a risk-sharing model, no pre-payment penalties, capped late payment fees, and a non-recourse commitment in case of default. Its financing products are overseen by an independent Shariah Board, ensuring compliance with Islamic law. With a strong digital presence, Guidance Residential provides an online application process and a mobile app for tracking application status, making home financing accessible across various regions in the U.S.

Basic Information

Contact Details

• Phone: +1 888-839-4043
• Website: guidanceresidential.com
• LinkedIn: linkedin.com/company/guidance-residential

Key Focus Areas & Initiatives

• Islamic home finance
• Halal mortgage solutions
• Declining Balance Co-ownership program
• Shariah-compliant financing
• Risk-sharing home loans
• Ethical homeownership options
• Shariah Supervisory Board oversight
• No-interest mortgage programs
• Digital home financing platform
• Education on Islamic finance in America
• Customer service and support for real estate
• Recruitment of realtors
• Co-ownership model initiatives
• Riba-free homeownership
• Islamic scholars collaboration
• Home financing in the US
• Real estate services
• Real estate financing

Technologies Used

Affiliated Organizations & Regional Branches