Co-ownership · coming soon
Own it together. Then own it outright.
We buy the home with you. You live in it, pay rent on our share, and buy a little more of it every month, without interest, until it is entirely yours.
We are completing licensing and reviews with attorneys, Shariah scholars and financial professionals. The program will launch state by state. Nothing on this page is an offer of financing.
How it works
Your share grows every month.
At closing
Illustration only. Your share at closing and your terms will be set out in your written agreement.
- 1
We buy the home together
You choose the home. You contribute part of the price and Amana contributes the rest. Both shares are written down from day one.
- 2
You live there and pay monthly
Each monthly payment covers rent on Amana’s share and buys a little more of the home.
- 3
Your share grows
Every month your share rises and Amana’s falls. A plain statement shows exactly where you stand.
- 4
It becomes entirely yours
With the final payment, Amana’s share is gone and the home is 100% yours.
See it for yourself
Every payment, a little more yours.
At closing
Illustration only, not an offer of financing. Actual shares, payments and terms depend on your agreement.
What we are building toward
Fair to your faith and your finances.
Co-owners, not lenders
We buy the home with you. We call ourselves co-owners in every conversation, because that is what we are.
Plain numbers
Statements a family can read in one minute, showing exactly how much of the home is yours.
Shared risk
Risk and reward shared honestly, with every cost disclosed up front before you sign.
Questions
Questions families ask us
Is this a mortgage?+
No. The model we are building is co-ownership, not a loan. We buy the home with you and you buy our share over time, without interest.
Who can apply?+
Everyone. The program is open to every family that qualifies, whatever their faith or background.
When can I apply?+
We are completing licensing and reviews with attorneys, Shariah scholars and financial professionals, and will launch state by state. Join the early list and we will tell you first.
What happens if we need to move early?+
Our plan is that the home is sold or your share is bought out at its appraised value, and the money is split by ownership share. Final terms will be in your written agreement.
Will my payment change?+
Your statement will always show what you pay and what you own. The exact way rent is set will be written into your agreement before you sign anything.
Be first to know when we launch in your state.
Join the early list. We will only write when there is something real to share.