Woodcrest Mortgage helps Muslim families buy a home in line with their faith. We connect you with Sharia-compliant home financing that replaces interest with transparent, asset-based structures, and we guide you from your first question to closing day.
Halal financing lets you own a home without paying interest (riba), using structures reviewed by Islamic finance scholars.
Payments are based on profit or rent tied to the home itself, not interest charged on borrowed money.
Every agreement is tied to a real property, so your financing reflects actual ownership rather than debt.
Common options include Murabaha (cost-plus sale), Ijara (lease-to-own) and Diminishing Musharaka (shared ownership).
Your total cost and payment schedule are set out clearly up front, with no hidden interest charges.
The providers we work with have their products reviewed by a Sharia supervisory board.
Buy a new home or move an existing interest-based mortgage into a Sharia-compliant arrangement.
Requirements vary by provider and structure, but most buyers need:
A Solid Credit History – Most providers look for a credit score of about 620 or higher.
Stable, Verifiable Income – Two years of employment or self-employment history is typical.
A Down Payment – Many programs require 5% to 20% of the purchase price, depending on the structure.
A Manageable Debt-to-Income Ratio – Your monthly obligations should fit comfortably within your income.
An Eligible Property – Primary residences are most common; some providers also finance second homes.
Answer a few quick questions about your plans, and a Woodcrest loan officer will reach out with options tailored to this loan program.
Get quick answers to the most common questions homebuyers ask. Our FAQ section is designed to help you understand the mortgage process, explore your options, and feel confident every step of the way.
Yes. Instead of interest, the provider earns a set profit or rental income tied to the home, which is permitted under Islamic finance principles.
Pricing is often comparable, but it depends on the provider, the structure and your credit profile. We'll show you the full cost so you can compare.
It depends on your goals and how you prefer ownership to work. We'll walk you through Murabaha, Ijara and Musharaka options side by side.
In many cases, yes. We can review your existing loan and see whether a Sharia-compliant refinance makes sense for you.
