Islamic Finance Products

Residential Programs

1 – 4 Units 

  Ö Owner Occupied - up to 30 year with 3.5% down payment
  Ö Investment  - up to 30 years with 20 – 25% down payment
  Ö Islamic Financing from $100,000 up to $4 Million
  Ö Construction Possible - minimum project cost $700,000 with 30% equity                          

 Bankruptcy is acceptable here if at least 24 months has passed since discharge. The same applies to foreclosure if 36 months has passed since the final sale. If your situation includes foreclosure and/or deed in lieu of foreclosure with bankruptcy, then 36 months since discharge is required.

Commercial Programs

Residential-  5+ Units

Ö 20 – 30% down payment
Ö Islamic Financing from $300,000 up to $40 Million
Ö 100 + Units as little as 10% down

Retail / Office / Industrial

Ö Owner Occupied
Ö Up to 26 years with 5% down payment, Max 7 year w/o Real Estate
Ö Up to 12 months no payments during construction
Ö Must Occupy at least 20% of space
Ö $300K - $2.5 Million
Ö Some Uses (ie Gas Stations – always minimum 15% down payment)

Investment 

Ö Up to 20 years with 20 – 30 % down payment
Ö Up to 12 months no payments during construction
Ö Islamic Financing from $300,000 up to $40 Million