Guidance Residential LLC

Guidance Residential offers a unique Shariah-compliant home finance program, which is explicitly distinct from a traditional mortgage loan. Operating on an equity-based co-ownership model, the program strictly adheres to Islamic principles by avoiding interest (riba) and fostering a partnership between the homebuyer and Guidance. This ethical financial approach positions them as a unique alternative in the home financing market, catering to both faith-conscious individuals and non-Muslims seeking transparent and values-aligned solutions for homeownership.

The cornerstone of their offering is the Declining Balance Co-ownership Program, also known as Diminishing Musharakah. Under this structure, Guidance acquires a share in the property alongside the homebuyer, who then gradually buys out Guidance's stake while paying a usage fee for the portion of the property still owned by Guidance. This model emphasizes shared risk and provides advantages such as no pre-payment penalties, marking a significant departure from conventional interest-bearing financial products.

Guidance Residential guides clients through a comprehensive home buying journey, beginning with a convenient online pre-qualification that does not initially require a credit check. This is followed by a thorough pre-approval process managed by a licensed Account Executive, which includes a credit check and verification of information. The company also extends its support by connecting clients with a network of vetted real estate agents, ensuring a seamless and fully supported path to homeownership that aligns with their financial and ethical values.