--- title: GR_LaunchGood_GivingTuesday_Dec3 description: "Buy or Refinance Your Home without Compromising Your Values Guidance was founded to provide an alternative to traditional mortgages. Our program offers unique benefits over the conventional banking system. Learn more." image: https://www.guidanceresidentialpages.com/hubfs/GR_logo_small.png --- [![GR_LOGO_EXCEPTIONAL_PNG_May16.png](https://www.guidanceresidentialpages.com/hs-fs/hubfs/GR_LOGO_EXCEPTIONAL_PNG_May16.png?width=140&height=75&name=GR_LOGO_EXCEPTIONAL_PNG_May16.png "GR_LOGO_EXCEPTIONAL_PNG_May16.png")](https://www.guidanceresidential.com) **Buy or Refinance Your Home without Compromising Your Values** Guidance was founded to provide an alternative to traditional mortgages. Our program offers unique benefits over the conventional banking system. Learn more.   [![SCHEDULE FREE CALL](https://no-cache.hubspot.com/cta/default/736352/462c7037-ca3a-466b-a1a1-290cb034946c.png)](https://cta-redirect.hubspot.com/cta/redirect/736352/462c7037-ca3a-466b-a1a1-290cb034946c) **or call 1.866.GUIDANCE**   [![bw_bloomberg](https://www.guidanceresidentialpages.com/hs-fs/hubfs/bw_bloomberg.png?width=150&name=bw_bloomberg.png)](https://www.guidanceresidential.com/guidance-in-the-news)               [![bw_thenytimes](https://www.guidanceresidentialpages.com/hs-fs/hubfs/bw_thenytimes.png?width=150&name=bw_thenytimes.png)![bw_cnn-1](https://www.guidanceresidentialpages.com/hs-fs/hubfs/bw_cnn-1.png?width=150&name=bw_cnn-1.png)![bw_npr](https://www.guidanceresidentialpages.com/hs-fs/hubfs/bw_npr.png?width=150&name=bw_npr.png)![bw_huffpost](https://www.guidanceresidentialpages.com/hs-fs/hubfs/bw_huffpost.png?width=150&name=bw_huffpost.png)![bw_washingtonpost](https://www.guidanceresidentialpages.com/hs-fs/hubfs/bw_washingtonpost.png?width=150&name=bw_washingtonpost.png)](https://www.guidanceresidential.com/guidance-in-the-news)   With Guidance Residential, you can achieve your dream of homeownership without compromising your principles. Our program offers unique benefits over the conventional banking system, such as: **![risksharing](https://www.guidanceresidentialpages.com/hs-fs/hubfs/risksharing.png?width=100&name=risksharing.png)****Sharing in losses like natural disasters **The risk is shared in case of losses such as damage from hurricanes or earthquakes, based on the percent of the home you own vs. the percent Guidance owns. In a traditional mortgage, the homeowner is responsible for the entire burden alone. **![cappedlatepaymentfees](https://www.guidanceresidentialpages.com/hs-fs/hubfs/cappedlatepaymentfees.png?width=100&name=cappedlatepaymentfees.png)****Caps on Fees** Traditionally, late fees are calculated by conventional providers as a percentage of the late monthly payment, and they’re a source of profit. With Guidance, there are no interest charges on late payments—we charge only a capped $50 fee to cover the expenses of administering the late payment. ![nonrecoursecommitment](https://www.guidanceresidentialpages.com/hs-fs/hubfs/nonrecoursecommitment.png?width=100&name=nonrecoursecommitment.png)**Non-recourse commitment **In many conventional loan programs, other assets like savings accounts, pensions, and college funds can be seized in the event of a default. Guidance doesn’t do that. We think it’s a win any way you look at it. Call **1.866.GUIDANCE **or [**SCHEDULE A FREE CONSULTATION** ](https://calendly.com/guidance2019/30-minute-meeting-meeting-with-guidance-givtuesday)with a licensed Account Executive. ## ![buyhome](https://www.guidanceresidentialpages.com/hs-fs/hubfs/buyhome.png?width=100&name=buyhome.png) ## Buying a Home With Guidance ---   When you decide to buy a home, Guidance Residential will purchase the property with you, as co-owners. You’ll increase your share over time through a monthly payment that also includes a utilization fee for your exclusive use of the property. While our Riba-free service offers peace of mind, it also makes financial sense. See our [**competitive rates**](https://www.guidanceresidential.com/islamic-home-financing-rates). You can buy your first home for as little as [**3% down**](https://www.guidanceresidential.com/islamic-home-finance-options). At Guidance, we take pride in streamlining your journey to homeownership. Here are the 5 steps in the home buying process. **1.** Pre-Qualify **2.** Get Pre-Approved **3.** Connect With an Agent **4.** Shop **5.** Close Your Account Executive will be there for you all along the way.  Have questions or ready to get started? Give us a call at **1.866.GUIDANCE**. We’ll be happy to help. ![refinanceicon](https://www.guidanceresidentialpages.com/hs-fs/hubfs/refinanceicon.png?width=100&name=refinanceicon.png) ## Refinance a Home ---   If you already own a home, Guidance can help you refinance. Rates have fallen far more than experts predicted this summer and are now nearing their all-time low. You may consider refinancing for several reasons: **•**  **Switch from your current conventional mortgage** to a Riba-free contract. **•**  Save on your monthly payments by refinancing to a **lower rate**. **•**  Take advantage of the equity in your home with our cash-out refinance option. You could **pay for expenses** like            college tuition, home renovations, Hajj or Ummrah, or pay off debt that has Riba associated with it. **•** ** Pay off your home sooner** by shortening the term of your contract. We’re offering a limited-time special on 15-year refinance contracts — we’re waiving our fee for an additional $1,195 in savings.* Call **1.866.GUIDANCE** or [**SCHEDULE A FREE CONSULTATION**](https://calendly.com/guidance2019/30-minute-meeting-meeting-with-guidance-givtuesday) with a licensed Account Executive to learn more about refinancing with Guidance.   [![SCHEDULE FREE CALL](https://no-cache.hubspot.com/cta/default/736352/462c7037-ca3a-466b-a1a1-290cb034946c.png)](https://cta-redirect.hubspot.com/cta/redirect/736352/462c7037-ca3a-466b-a1a1-290cb034946c) **or call 1.866.GUIDANCE** ## ![trophy](https://www.guidanceresidentialpages.com/hs-fs/hubfs/trophy.png?width=100&name=trophy.png) ## More about Guidance Residential ---   [![hp-rise-generalbadge-small](https://www.guidanceresidentialpages.com/hs-fs/hubfs/hp-rise-generalbadge-small.png?width=120&name=hp-rise-generalbadge-small.png)](https://www.guidanceresidential.com/islamic-home-finance-awards-recognition) [![best-islamic-financier-2019 (1)](https://www.guidanceresidentialpages.com/hs-fs/hubfs/best-islamic-financier-2019%20(1).jpg?width=120&name=best-islamic-financier-2019%20(1).jpg)![gr-vanguardaward-logo-it-website](https://www.guidanceresidentialpages.com/hs-fs/hubfs/gr-vanguardaward-logo-it-website.jpg?width=120&name=gr-vanguardaward-logo-it-website.jpg)](https://www.guidanceresidential.com/islamic-home-finance-awards-recognition) Guidance serves home-owners in[**34 states**](https://www.guidanceresidential.com/licensed-us-locations) from coast to coast, and our [**program**](https://www.guidanceresidential.com/islamic-home-financing-co-ownership-program?__hstc=238422495.4941c7ac104c774daa5491f0bde0c446.1557755098663.1562864776393.1562952058695.20&__hssc=238422495.3.1562952058695&__hsfp=2085519510) has been honored with [**awards**](https://www.guidanceresidential.com/islamic-home-finance-awards-recognition?__hstc=238422495.4941c7ac104c774daa5491f0bde0c446.1557755098663.1562864776393.1562952058695.20&__hssc=238422495.3.1562952058695&__hsfp=2085519510) from entities ranging from Freddie Mac to Housing Wire, a leading U.S. trade publication. Our program has also been endorsed by the Assembly of Muslim Jurists of America (AMJA) and recognized by many [**media outlets**](https://www.guidanceresidential.com/guidance-in-the-news). Since 2002, through this model, we’ve helped more than [**20,000 families**](https://www.guidanceresidential.com/customer-reviews) achieve homeownership.   **Here’s why customers choose Guidance Residential:** **•**  Award-winning home financier **•**  Highly competitive rates **•**  Top-notch, consumer-friendly program **•**  Co-ownership model: Faith-friendly alternative to a traditional mortgage For videos on more Frequently Asked Questions regarding Guidance Residential and Islamic home financing, please visit [**this page**](https://www.guidanceresidential.com/shariah-compliant-faq-video-library?__hstc=238422495.4941c7ac104c774daa5491f0bde0c446.1557755098663.1562864776393.1562952058695.20&__hssc=238422495.3.1562952058695&__hsfp=2085519510) [![PRE-QUALIFY NOW](https://no-cache.hubspot.com/cta/default/736352/74202f93-d7e6-4f36-87f7-9e26a4ca60c8.png)](https://cta-redirect.hubspot.com/cta/redirect/736352/74202f93-d7e6-4f36-87f7-9e26a4ca60c8) **Origination fee is waived for 15-year contracts. Both existing Guidance Residential customers and new to Guidance customers are eligible for this offer. Promotion cannot be combined with any other offer, discount, pricing exception or Special Program. Applications must be submitted between November 16, 2019, and February 15, 2020, locked by March 15, 2020. Contracts must close by March 30, 2020. Only available on approved/closed contracts. Other restrictions may apply. Refinance option may not be available for some Texas contracts. Contact us for additional information. Excludes customers who have financed with Guidance within the last 120 days.*   [![GR_logo_small.png](https://www.guidanceresidentialpages.com/hs-fs/hubfs/GR_logo_small.png?width=180&name=GR_logo_small.png "GR_logo_small.png")](https://www.guidanceresidential.com/) [**](https://www.facebook.com/GuidanceResidential/)   [**](https://twitter.com/GuidanceRes)   [**](https://www.linkedin.com/company/guidance-residential)   [**](https://www.youtube.com/user/GuidanceMarketing)   [**](https://search.google.com/local/reviews?placeid=ChIJeRw3WsxJtokR9EnmqX0c-e8)  [HOME](http://guidanceresidential.com)   |   [LICENSING AND REGISTRATIONS](https://www.guidanceresidential.com/licensing-and-registrations)   |   [PRIVACY AND SECURITY](https://www.guidanceresidential.com/privacy-and-security) ![Equal_Housing_Opportunity_PNG](https://www.guidanceresidentialpages.com/hs-fs/hubfs/Equal_Housing_Opportunity_PNG.png?width=52&name=Equal_Housing_Opportunity_PNG.png)         ![consumeraccess](https://www.guidanceresidentialpages.com/hs-fs/hubfs/consumeraccess.png?width=113&name=consumeraccess.png)​         NMLS# 290 8    |   1.866.Guidance | © Guidance Residential, LLC 2019 | All Rights Reserved Website Approved by the NYS Department of Financial Services ![](https://www.facebook.com/tr?id=706562056156528&ev=PageView&noscript=1)