Guaranteed Rate, Inc. D/B/A Barakah Mortgage NMLS License #2611
The Murabaha mortgage product option entails qualified buyers entering into a Temporary Agency agreement with the financier. The buyer makes monthly payments of cost plus profit on an installment loan, but does not pay interest. The custom documentation used includes an Installment Credit Sale Contract and Security Instrument. The transaction will still require all other state and federally required documents. Applicant is subject to credit and underwriting approval. Restrictions apply.
Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest Barakah Mortgage guarantee. Refinancing your mortgage may increase costs over the term of your loan. Restrictions may apply. Savings, if any, vary based on the consumer’s credit profile, interest rate availability, and other factors. Contact Barakah Mortgage for current rates. Restrictions apply.
This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in New York will be accepted through this site.
AZ: 14811 N. Kierland Blvd., Ste. 100, Scottsdale, AZ, 85254, Mortgage Banker License #0907078; CA: Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act; CO: Regulated by the Division of Real Estate; GA: Residential Mortgage Licensee #20973; MA: Mortgage Lender & Mortgage Broker License #MC2611; NH: Licensed by the New Hampshire Banking Department, Lic #13931-MB; OH: MB 804160; OR: Licensed and Regulated by the Department of Consumer and Business Services; PA: Licensed by the Pennsylvania Department of Banking and Securities; RI: Rhode Island Licensed Lender; WA: Consumer Loan Company License CL-2611.
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