Programs Our investors offer

Residential Programs - USA

IjaraCDC has developed many relationships with residential investors who are willing to provide financing utilizing Islamic financing principles. The type of residential programs currently offered by our licensed investors can be broken down into the following categories:

 

conventional islamic financing alternatives for home acquisition

Conventional Home Acquisition

This residential program combines the benefits of a traditional home acquisition program with the benefits of a Sharia-compliant structuring.

  • Minimal credit score of 620
  • At least 2 years of employment or self-employment history.
  • Minimal of 3% down payment (if qualified)
  • 1-4 unit properties / Condo/ Townhouse/ PUD/ Manufactured homes
  • Primary / Vacation or Investment property
Wooden blocks with letters "fha" in front of a miniature house model, representing residential Islamic financing alternative programs in the US.

FHA Program

This program combines the benefits of a traditional home acquisition program with the benefits of a Sharia-compliant structuring.

  • Minimal credit score of 620
  • At least 2 years of employment or self-employment history.
  • Minimal of 3% down payment (if qualified)
  • 1-4 unit properties / Condo/ Townhouse/ PUD/ Manufactured homes
  • Primary / Vacation or Investment property
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VA

Combines the benefits of a traditional home acquisition program with the benefits of a Sharia-compliant structuring.

  • Minimal credit score of 620
  • At least 2 years of employment or self-employment history.
  • Minimal of 3% down payment (if qualified)
  • 1-4 unit properties / Condo/ Townhouse/ PUD/ Manufactured homes
  • Primary / Vacation or Investment property

 

A two-story suburban house with a double garage, a landscaped front yard, and designated for residential programs in the US.

Jumbo

We know that housing isn't cheap in some locations, and you need more money to get one. The jumbo program will help you get into a higher-priced home.

  • Minimal down payment of 10% (if qualified)
  • Minimal credit score 700
  • Primary Residence or Second homes
  • Single-family/ Condo / PUD
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Physician Program

Whether you are in residency, still paying huge student loans, or are an experienced physician in the field, this physician program might be a good option.

  • Minimal credit score 680
  • 0% down payment (if qualified)
  • For medical doctors with an MD, DO, DDS, DVMM, or DMD
  • No PMI
  • up to $2M
  • Find out if it is available in your location
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Bank Statement

This program is perfect for self-employed applicants who need an alternative method to show the cash flow of their business.

  • Minimal credit score 660
  • Minimal down payment of 10% with a 740 credit score
  • Primary, second, and investment property
  • Up to $3 M loan amount (for purchase)
  • Self-employed for a minimum of at least 2 years
Family looking at a house with a "for rent" sign in the front yard, interested in residential programs in the US.

Investor Cash Flow (DSCR)

Get qualified based on rental analysis to determine property cash flow without personal income requirements

  • Minimal credit score 660
  • Minimal down payment of 20% (if qualified)
  • 1-4 unit investment properties only
Sunset over a rural landscape with a residential program in the US, including a house and a sheep in the foreground.

USDA 100% Financing

If you are purchasing a property in a USDA-designated area, you can get 100% financing.

  • Minimal credit score 600
  • Minimal down payment 0%
  • Primary residence only
  • Income limits applicable
  • No acreage limits
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Foreign Investor

This program is geared toward non-US residents who want to invest in US real estate.

  • Minimal down payment 35%
  • 1-4 unit investment properties only
  • Minimum 12 months reserves required.
New suburban homes in a residential programs area in the US with clear skies.

Investment Property

  • Only 15-25 % Down Payment
  • 1-4 unit properties
  • Minimal 620 credit score
  • No property management history required

We are continuously adding more investor partnerships and adding more programs. Contact us if you do not see a program that fits your scenario. We might have solutions not yet listed here.

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IjaraCDC also offers commercial property acquisition programs for businesses.

Download Commercial Brochure