Guidance Residential

Guidance Residential is the #1 provider of U.S. Islamic home financing, having provided more than $10 billion in financing to more than 40,000 families since 2002. Its unique Declining Balance Co-ownership Program was created under the guidance of seven globally renowned Islamic scholars and 18 U.S. law firms to ensure it meets strict adherence to legal jurisprudence of the Islamic faith and conforms to U.S. legal and regulatory requirements. Guidance Residential's Declining Balance Co-ownership Program, which is backed by Freddie Mac and Fannie Mae, is based on a co-ownership model rather than a lender-borrower relationship. Unlike traditional home financing, homebuyers enter an equitable partnership contract and enjoy the benefits of home ownership without compromising values-based principles.