The Guidance Difference

Explore the difference between Guidance Residential's Declining Balance Co-ownership Program and other home financing options.

Conventional Mortgages

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Bank Owned Entities

Co-Ownership No Yes No
Riba-free No Yes No (Banks involve in interest bearing loans)
Non-recourse commitment No (Variable with Conditions) Yes No
Capped late payment fees No Yes Variable with Conditions
Risk sharing No Yes No
No pre-payment penalty No (Variable with Conditions) Yes Variable with Conditions
Independent Shariah Board No Yes No
Affiliation with a Bank Yes (Bank Owned) No (Internally funded) Yes (Bank Owned)
Equity Partnership No Yes No
Endorsed By AMJA No Yes No
Equal Protection with LLC structure No Yes No
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How does Islamic financing work?

HOW DOES ISLAMIC HOME FINANCING WORK