Guidance Residential Simplifies Islamic Home Financing for Consumers

New website to serve as a one-stop hub for information and resource for home financing needs

RESTON, Va., Feb. 28, 2018 - Guidance Residential, the leading U.S. Islamic home financing provider is making it easier for consumers to understand alternative options for financing a home. The company launched a new website that has resources for customers at all stages in the home financing process - whether they're in the planning stage, ready to apply for financing or are existing customers.

"The home financing process can be very complex," said President and CEO Khaled Elsayed. "And, when you add the need for it to comply with Shariah principles, it can get even more complex." The new website provides information that not only simplifies the process, but also clarifies what characteristics are needed for a home financing contract to truly be Shariah-compliant.

Because Muslim Americans make up an underserved market of faith-conscious consumers, there is not much information about Shariah-compliant products and services available. One goal of the new website is to address that need for more information. Another is to inform other consumers, who may not identify as Muslim American, about the option for a more consumer-friendly product.

While website visitors will find standard home financing website features, such as estimation calculators and home finance application checklists, new features will give them more insight into the Guidance Residential brand and the company's expertise in the industry. The Knowledge Center, which consists of content in multiple forms - such as e-books, podcasts and white papers, to name a few - is a new feature saturated with educational content about Islamic home financing. Customers can look into News and Events to gain a better understanding of the company and its community footprint.

Visit www.guidanceresidential.com to view the new website and learn more about Guidance Residential.

About Guidance Residential

Guidance Residential is the leading provider of Islamic home financing in the United States. Since its inception in 2002, Guidance Residential has funded over $4.9 billion in Shariah-compliant home financing contracts. Guidance Residential's proprietary Declining Balance Co-ownership program is trusted as a strictly Shariah-compliant home financing program in the U.S. Islamic finance market. The Declining Balance Co-ownership Program received the highest rating by The Assembly of Muslim Jurists of America (AMJA).

Guidance Residential offers Shariah-compliant home financing in the following U.S. states:
Connecticut, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Illinois, Michigan, Minnesota, Ohio, Wisconsin, Arizona, Kansas, Texas, Delaware, Kentucky, Maryland, Virginia, Washington D.C., California, Oregon, Washington, Alabama, Arkansas, Florida, Georgia, North Carolina, South Carolina, Tennessee

Guidance Residential, LLC, (Nationwide Mortgage Licensing System No.2908), 11107 Sunset Hills Rd, Suite 300, Reston, VA 20190; Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act (413-0427); Alabama Consumer Credit (22410); Arizona Mortgage Banker (0923408); Arkansas Mortgage Banker-Broker-Servicer (112069); Colorado Mortgage Company Registration; Connecticut Mortgage Lender (ML-2908); Delaware Lender (022090); District of Columbia Mortgage Dual Authority (MLB2908); Florida Mortgage Lender Servicer (MLD2507); Georgia Mortgage Lender (17286); Illinois Residential Mortgage Licensee (MB.0006455 11107 Sunset Hills Road, Suite 300, Reston, VA 20190; MB.0006455-001 100 East Roosevelt Rd, Units 44 & 45, Villa Park, IL 60181) licensed by the ILDFPR, James R Thompson Center (JRTC), 100 West Randolph Street, 9th Floor, Chicago, IL 60601, 888-473-4858 (General), 844-768-1713 (Banking Div); Indiana DFI-Mortgage Lending (37408); Kansas Licensed Mortgage Company (MC.0025178); Kentucky Mortgage Company (MC361158); Maryland Mortgage Lender (2908); Massachusetts Mortgage Lender (Mortgage Lender ML2908); Michigan 1st Mortgage Lender, Broker & Servicer Registrant (FR-0941); Minnesota Mortgage Originator (MN-MO 20320419); Mississippi Mortgage Lender (2908) - Licensed by the Mississippi Department of Banking and Consumer Finance; Missouri Company License (2908); New Jersey RMLA-Licensed Mortgage Servicer Registration; New Jersey Licensed Lender (9933648); New York - Licensed Mortgage Banker - New York Department of Financial Services (LMBC 110559) (NY location:1400 Old Country Road, Suite N303, Westbury, NY 11590 -LMBC 109699); North Carolina Mortgage Lender (L-112542); Ohio Mortgage Broker Act Mortgage Banker Exemption (RM850079.000); Oregon Mortgage Lender (ML-4145); Pennsylvania - licensed by the Pennsylvania Department of Banking, Mortgage Lender (21050); Pennsylvania Mortgage Servicer (100082); Rhode Island Lender License (20163318LL); South Carolina BFI Mortgage Lender/Servicer (MLS-2908); Tennessee Mortgage License (109274); Texas SML Mortgage Banker Registrant; Vermont Loan Servicer (LS-2908); Virginia Lender Licensee (MC-2138) licensed by the Virginia State Corporation Commission; Washington Consumer Loan Company (CL-2908); West Virginia Mortgage Lender (ML-36038); Wisconsin Mortgage Banker (46355BA).

Media Contact:

communications@guidanceresidential.com