Press Release

Reston, Va., Dec. 20, 2018 - Guidance Residential, America's leading Islamic home financing provider, has added a new Northwestern region as it expands in its 16th year of serving American Muslim homebuyers.

Guidance Residential has earned a trusted name providing Islamic financing to homebuyers across America from coast to coast. Now, the creation of a dedicated Northwestern service region adds dedicated staff to accommodate the growing demand for Islamic home financing. The addition allows its expert teams to provide even more localized services to homebuyers.

Guidance Residential now offers its top-quality services from 16 offices in seven regions across over 30 states.

FAMILIAR FACES, NEW PLACES

The expansion brings with it promotions of several well-established Guidance leaders in the western United States.

  • Munther Qtaish, a top producer and area manager for Guidance, has been promoted to regional manager to serve the new Northwestern region.
  • Nabil Eid, another top producer and area manager, was promoted to regional manager to lead the neighboring Midwestern region.
  • Meanwhile, in the Southeast, experienced team member Shabeer Shekha-a successful retail entrepreneur for 25 years who has been with Guidance for seven years-is now leading the region as manager.

Find out the latest news about the rest of Guidance's familiar faces at www.guidanceresidential.com/leadership-and-management.

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 $5.0 billion in Islamic home financing contracts.

Guidance Residential is a subsidiary of Guidance Financial Group, an international company dedicated to serving the market for Islamic financial products and services. Guidance Financial Group offers unique investment products to institutional investors and financial intermediaries worldwide, and provides financial services to its retail customer base in the United States. The company's commitment to intensive research and development and solid operational support for its products has allowed it to develop unique financial solutions that address unmet needs of the American Muslim market.

Guidance Residential's proprietary Declining Balance Co-ownership program is trusted as a 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).

In 2018, Guidance Residential was awarded the 2018 Vanguard Award by HousingWire.

Guidance Residential, LLC, (Nationwide Mortgage Licensing System No.2908), 11107 Sunset Hills Rd, Suite 100 and 200, Reston, VA 20190 is licensed by the Department of Business Oversight 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 (18263); Delaware Lender (022090); District of Columbia Mortgage Dual Authority (MLB2908); Florida Mortgage Lender (MLD656); Georgia Mortgage Lender (17286); Illinois Residential Mortgage Licensee (MB.0006455 11107 Sunset Hills Road, Suite 100 and 200, 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 &MC361566); Maryland Mortgage Lender (12927); Massachusetts Mortgage Lender (ML2908); Michigan 1st Mortgage Lender, Broker & Servicer Registrant (FR-0941); Minnesota Mortgage Originator (MN-MO 20320419); Mississippi Mortgage Lender (2908); Missouri Company License (18-2428); New Jersey Licensed Lender (9933648); New York - Licensed Mortgage Banker - New York Department of Financial Services (B500726) (NY location: 171-21 Jamaica Ave, 1st Floor, Jamaica, NY 11432); North Carolina Mortgage Lender (L-112542); Ohio Mortgage Broker Act Mortgage Banker Exemption (MBMB 850079.000); Oregon Mortgage Lender (ML-4145); Pennsylvania - licensed by the Pennsylvania Department of Banking, Mortgage Lender (21050); Rhode Island Lender License (20163318LL); South Carolina BFI Mortgage Lender/Servicer (MLS-2908); Tennessee Mortgage License (109274); Texas SML Mortgage Banker Registrant; 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