December 12, 2018
Leadership award recognizes leaders for their vital contribution to their companies and the overall mortgage industry.
RESTON, VA, December 12, 2018 - Guidance Residential, the nation's largest Islamic home financing provider, today announced that Chief Executive Officer and President Khaled Elsayed has been awarded the 2018 Vanguard Award by HousingWire.
The fourth annual Vanguard award ceremony recognizes outstanding leaders in the mortgage industry who have a remarkable ability to lead, motivate and inspire their employees while utilizing their resources to solve problems and drive innovation in their respective areas in the industry.
"Everyone at Guidance is truly honored to be recognized for this coveted award. We are proud of our progressive thinking and forward looking management team, and associates," said Khaled Elsayed. "Good companies talk about ideas, great companies bring those ideas to life, and that takes great teams. Our team proudly provides a faith based product that helps an underserved consumer achieve the American dream of homeownership without compromising their values."
Mr. Elsayed was honored for utilizing his decades of experience in both the home financing industry as well as Islamic finance to provide a singular vision for Guidance Residential. Under his leadership, Guidance Residential has funded over $5 billion in Islamic home financing in the U.S., serving over 20,000 households in over 33 states.
"As the Vanguards award program continues to grow and to be more successful, the entry point gets tighter," said Jacob Gaffney, HousingWire Editor-in-Chief. "These winners are truly the best Vanguards in the mortgage finance industry, and they all deserve the highest honor in the space."
In reference to a newly launched affiliate Guidance Home Services, the preferred referral platform for Guidance Residential home buyers, Mr. Elsayed added, "and while giant realty companies are busy thinking about how they can disrupt the Realtor business, we are embracing the entrepreneurial spirit of real estate agents, and helping them maintain their independence by partnering up with them to provide buyers with a more streamlined process so that the journey towards home ownership is enjoyable for all."
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About Guidance Residential:
With over $5 billion in transactions, Guidance is the leading US provider of Islamic home financing. It 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, 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); 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).