UIF - University Islamic Financing
DESCRIPTION
Assalamu Alaikum, If you are planning to buy or refinance a house then please call me, I am here to help you get riba (interest) free financing.
Thank you
Abdur Rahman Siddiqui
Cell: 281.236.2989
email: asiddiqui@myuif.com
Web: www.myuif.com/abdur
Home Financing
We currently offer Shariah-compliant home financing in the following states:
California, Connecticut, Florida, Illinois, Indiana, Maryland, Massachusetts, Michigan, Missouri, New Jersey, Ohio, Pennsylvania, Texas, Virginia, Washington
UIF is pleased to offer two Islamic home financing programs that can be used to purchase a new home or refinance an existing one. Both programs, Murabaha and Ijara, are acceptable financing models from a Shariah perspective and are fully approved by our independent Shariah Board. Equally important, our pricing is very competitive when you compare us to conventional lenders. We offer quality products, competitive pricing and peace of mind. Our question to you: Why pay more for home financing elsewhere?
Murabaha Home Financing
Murabaha financing is also known as an “installment sale” contract. In this case, UIF will act as an agent for University Bank and purchase the property you identify. University Bank will then sell the property back to you at an agreed-upon, marked-up price. Down payments for our Murabaha contracts may be as low as 5% in certain states. Read more about Murabaha Home Financing or visit our Murabaha FAQ page.
www.myuif.com/abdur
NMLS #1476878 - UIF NMLS #93460
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