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September 10, 2018
The largest faith-based home financing provider in the U.S. is now licensed in Colorado, West Virginia, Indiana, and Mississippi.
RESTON, VA, September 10, 2018 - Guidance Residential, LLC, the nation's leading faith-based home financing provider headquartered in Reston, Virginia, has announced its expansion to four new locations. Awarded the "Best Islamic Home Financier, USA" by World Finance this year, Guidance Residential is now serving in over 30 states in United States.
Colorado, West Virginia, Indiana, and Mississippi are the newly licensed states in Guidance Residential's expanding footprint. The company's growth in new markets is a testament of the success of its proprietary Declining Balance Co-ownership Program. Through this authentic Riba-free (usury-free) home financing model, Guidance has been serving the need of faith conscious Americans to fulfill their dream of homeownership while meeting the regulatory requirements of the licensing states.
Guidance Residential has been recognized as the most authentic provider of Islamic home financing products in the US. In 2014, Guidance's Declining Balance Co-ownership Program received the highest rating from the Assembly of Muslim Jurists of America (AMJA). Since inception, Guidance has funded over $5 billion in participatory home financing in the U.S.
Guidance has launched a new mobile app this year to help home buyers complete their home financing journey with greater transparency, simplicity and ease of access. The app can be
downloaded from the following links:
Download Guidance Residential App on Google Play
Download Guidance Residential App on Apple Store
Guidance Residential, LLC, (Nationwide Mortgage Licensing System No.2908), 11107 Sunset Hills Rd, Suite 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 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); 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).