Is It Permissible To Refinance From A Conventional Mortgage To Islamic Home Financing?

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Ramadan Refinance Special 

For most people, their home is their biggest investment of their lifetime and their biggest monthly expense. Locking in lower rates can mean big savings for years to come.  

As our gift to you, we’re offering a Ramadan Refinance Special to save up to an extra $1,195* toward your closing cost when you refinance on 15-Year, 20-Year, 30-Year, and Jumbo contracts.

This is an opportunity we think you won’t want to miss. 

Since our launch in 2002, Guidance Residential has served as the leader in Islamic home financing in America. Our approach is unique in its authenticity. Guidance is an independent business founded solely to provide an alternative approach to a traditional mortgage. We are not affiliated with a bank and thus free of dealings with Riba.   

Our Co-Ownership Model was developed in consultation with 18 law firms and six of the world’s leading Islamic finance scholars. It has been endorsed by the Assembly of Muslim Jurists of America, and we continue to be guided by an independent shariah board. Guidance is the only home financier in America with this type of authenticity. 

*Up to $1,195 credit at closing for 15-year, 30-year, 20-year, and Jumbo contracts. Both existing Guidance Residential customers and new to Guidance customers are eligible for this offer. Promotion cannot be combined with any other offer, discount, pricing exception, or Special Program. Applications must be submitted between March 1, 2022, and May 31, 2022. Excludes customers currently with an active application, customers that are not current on payments, or customers who have financed with Guidance within the last 120 days. Contracts must close by July 31, 2022. Only available on approved contracts. Other restrictions may apply. Refinance option may not be available for some Texas contracts. Contact us for additional information.