بِسْمِ ٱللَّٰهِ ٱلرَّحْمَٰنِ ٱلرَّحِيمِ
We buy the home with you, share the risk, and sell you our share month by month until it’s entirely yours. Nearly 45,000 American Muslim families have done it with us since 1999.
Featured in The Wall Street Journal, NPR, USA Today, PBS, HuffPost, Al Jazeera and the Houston Chronicle.
مشاركة متناقصة Diminishing partnership, the model our Shariah board approved.
A mortgage is a loan with interest. Ours isn’t a loan at all. You and Guidance buy the home together, and you buy out our share over time.
Year of 30
20% yours
80% still owned by Guidance
You bring the down payment, from as little as 3%. Guidance funds the rest. From day one you are an owner, not a borrower.
Together we form an LLC that owns the property. It keeps the co-ownership real on paper, so no debt is ever created or traded.
Part of each monthly payment buys more of our share. The other part is a fair profit for using the part you don’t own yet. As your share grows, the profit portion shrinks.
When you’ve bought our last share, the title transfers to you alone. You can pay ahead at any time with no prepayment penalty.
Many providers that use the label are owned by banks that earn interest. Here is how Guidance compares on the questions scholars ask first.
Read the scholars’ ruling| Commitment | Guidance | Conventional lenders | Bank-owned “Islamic” programs |
|---|---|---|---|
| Muslim owned and managed | Yes | No | No |
| Not a bank, and not owned by one | Yes | No | No |
| Entirely riba-free institution | Yes | No | No |
| Real co‑ownership through an LLC | Yes | No | No |
| Shares losses from disaster or eminent domain | Yes | No | No |
| Independent, international Shariah board | Yes | No | No |
| Never pursues your other assets on default | Yes | Varies | Varies |
These aren’t marketing promises. Each is a term you can find in your agreement.
You and Guidance each own a percentage of the home. Your share grows with every payment.
If a natural disaster or eminent domain leaves a shortfall, we share the loss by ownership percentage.
No interest is paid or charged, and the whole institution is riba-free, not just the product.
Late fees are capped at $50 or less, and paying ahead of schedule never costs you a penalty.
If you default, we never pursue your savings, pension or children’s college funds.
Chaired by Justice Muhammad Taqi Usmani, who also chairs the AAOIFI Shariah board.
Guided since day one by respected scholars and finance professionals who share your values.
Your home isn’t funded by riba, and your payments don’t fund future riba.
Fixed terms of 15, 20 or 30 years, conforming and super-conforming amounts, and homes from condos to four-unit buildings.
Down payments from 3%, a guided checklist, and an account executive with you from pre-qualification to keys.
Start with pre-qualification
Move a conventional mortgage into co-ownership, lower your payment, shorten your term or take cash out.
Compare your current loan
Finance a place near family, or a two-to-four unit building that pays its own way.
See property types
Our Realty Program matches you with agents who already understand co-ownership financing.
Find an agentEvery rate comes with its APR and the assumptions behind it, so you can compare us with any lender.
| Contract | Rate | APR | Per $100k |
|---|
Sample figures for this design proposal. Live rates would come from Guidance’s pricing engine.
Assumes a purchase of a single-family, owner-occupied primary residence, 20% down payment and a credit score of 740 or higher. APR includes estimated closing costs. Your rate may differ.
$2,216per month
Estimate only, using the sample rate for the chosen term. Excludes taxes, insurance and HOA dues.
Answer a few questions online in about 10 minutes. No credit check.
Your account executive reviews your documents and gives you a letter sellers trust.
Work with your own agent, or let our Realty Program match you with one.
Tour, make an offer and schedule inspections with your agent.
Sign the co-ownership agreement, get your keys, and start building your share.
Chairman, Pakistan
United States
Bahrain
Saudi Arabia
Pakistan
Malaysia
Kuwait
The first morning in a home you never had to compromise for.
Notes customers sent their account executives, shared with permission.
“We literally wouldn’t have been able to do all of this without the hard work you did for us to ensure we could finally celebrate our first home.”
[A refinance customer, in one or two sentences, on why they left a conventional mortgage and how the switch felt.]
[A family in a newly licensed state, such as Oklahoma, on what it meant to finally have a riba-free option nearby.]
Guidance is one of the largest corporate sponsors of Muslim American nonprofits. We teach free homebuyer workshops in masjids across the country, because a community that owns its homes can build everything else.
Find a workshop near you
Every application gets a licensed account executive in your state, from the first question to closing day.
Prefer to call? 1.866.GUIDANCE (1.866.484.3262)
More than 500 guides, videos and articles on Islamic finance and homeownership, written with our Shariah advisors.
Visit the Resource CenterFour questions to ask: who owns the company, whether it’s truly co-owned, whether risk is shared, and who reviews the contracts.
Riba-free co-ownership financing comes to Oklahoma families, with local account executives.
Ask a Muslim homebuyer why they didn’t just walk into a bank, and the answer is rarely one thing.
Can’t find yours? Ask an account executive.
Yes. The Declining Balance Co-ownership Program involves no interest. It was approved by our independent Shariah board, and Guidance itself is not a bank or owned by one, so the funds for your home don’t come from riba.
A mortgage is a loan: you borrow money and pay interest on the debt. With co-ownership there is no loan. Guidance owns part of the home with you, you pay to use the part you don’t own yet, and you buy that part over time.
Our pricing is designed to be competitive with conventional financing. Before you commit, your account executive shows you the rate, the APR and every fee, so you can compare us line by line with any lender.
Talk to us early. We offer assistance and repayment options, and our non-recourse commitment means we never pursue your other assets. You are only at risk for your share of the property.
Yes, at any time and without a prepayment penalty. Extra payments buy more of Guidance’s share, so you own your home sooner.
Typically recent pay stubs, two years of W-2s or tax returns, bank statements and a photo ID. Your account executive sends a checklist tailored to you after pre-qualification.
No credit check and no commitment. Just a clear picture of what you can afford, without riba.