Halal Economy

The global perspective

Tuesday, September 17, 2019

New Website to Simplify Islamic Home Financing for U.S. Consumers

RESTON, VA: Guidance Residential, the leading U.S. Islamic home financing provider launched a revamped website and inviting visitors to explore the website at www.GuidanceResidential.com.

The new website has been designed to streamline the home financing process with easy navigation, quick access to essential information, integrated residential property search engine, and enriched contents that offer a comprehensive understanding of the company’s proprietary Islamic home financing program.

The company launched its redesigned website along its new mobile app “gios for Homeowners,” both aim to offer an improved customer experience to first time home buyers, and residential investment property buyers.

“The home financing process can be very complex. With the revamped website and the new mobile app, we are making the home financing experience more informative, transparent, and convenient. These digital initiatives showcase our commitment in customer experience innovation in the Shariah-compliant home financing market,” said President and CEO Khaled Elsayed.

  • Simplifying user experience, providing clarity about the complex home financing process, and fast access to information were three major focus areas in redesigning the website. New features of the website include:
  • Structured, streamlined, and convenient information access: “Six steps towards buying your home” guides a first-time homebuyer from planning to closing phase by providing easy access to estimation calculators, online pre-qualification tool, Account Executive finder, property search engine, application checklist and closing related information.
  • Knowledge center: The new website provides rich contents explaining Guidance Residential’s proprietary Declining Balance Co-ownership Program through eBooks, articles, white papers, videos, podcasts, and webinars.
  • Event listing and registration: The website’s “Upcoming Events” section offers an easy way to find and register for company hosted upcoming Islamic finance seminars and realtor networking events.
  • Convenient navigation: Consumers can access relevant information within few clicks about home buying and refinancing process, latest competitive rates, frequently asked questions and much more with a user-friendly navigation menu. Real estate agents can become realty program partners by signing up at the website within few clicks.
  • Secure customer portal: Financing applicants can follow their application status in real time through secure customer portal, add their real estate agent and family members and get updates on the status of application at the same time.

Guidance Residential is the leading provider of Islamic home financing in the United States. Since its inception in 2002, Guidance Residential has funded over $4.9 billion in Shariah-compliant home financing contracts. Guidance Residential’s proprietary Declining Balance Co-ownership program is trusted as a strictly 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).

Guidance Residential offers Shariah-compliant home financing in the following U.S. states:Connecticut, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Illinois, Michigan, Minnesota, Ohio, Wisconsin, Arizona, Kansas, Texas, Delaware, Kentucky, Maryland, Virginia, Washington D.C., California, Oregon, Washington, Alabama, Arkansas, Florida, Georgia, North Carolina, South Carolina, Tennessee.