Real Estate Lines of Credit
In any state where we can offer an Ijara transaction. In states where we can offer a musharaka transaction (see Availability page), we can offer a real-estate backed line of credit on a revolving, non-revolving, balloon or diminishing basis. A line of credit requires real estate equity and sufficient cash flow. Because these lines of credit require the buying and selling of real estate, please note that they may be relatively expensive to establish due to transfer taxes and other closing costs.
DEVON BANK NMLS ID#412368