Neighborlyhomelending.com Review

Based on checking the website for Neighborlyhomelending.com, it appears the domain is no longer active, redirecting to a page suggesting it “no longer exists” and offering links related to mortgage marketing and lead generation. This immediately raises a red flag regarding its operational status and legitimacy for actual lending services. A defunct website is a critical indicator that Neighborlyhomelending.com is not a viable or trustworthy platform for mortgage lending, nor is it permissible to engage with such an entity due to the inherent Riba interest in conventional mortgage products.

Here’s an overall review summary:

• Operational Status: Defunct/Non-existent
• Trustworthiness: Extremely Low due to non-operation and inherent Riba
• Service Availability: None
• Website Presence: Redirects to a generic marketing page
• Islamic Permissibility: Not permissible due to Riba in conventional mortgages.

The fact that Neighborlyhomelending.com redirects to a page stating it “no longer exists” means there’s no actual service to review beyond its former presence.

For anyone seeking mortgage solutions, this website is a dead end.

Furthermore, from an Islamic perspective, conventional mortgage lending is based on interest Riba, which is strictly prohibited.

0.0 0.0 out of 5 stars (based on 0 reviews) Excellent0% Very good0% Average0% Poor0% Terrible0% There are no reviews yet. Be the first one to write one. Your review Your overall rating Select a Rating5 Stars4 Stars3 Stars2 Stars1 Star Title of your review Your review Your name Your email This review is based on my own experience and is my genuine opinion. ​ Submit Review

Amazon.com: Check Amazon for Neighborlyhomelending.com Review Latest Discussions & Reviews:

Engaging in interest-based transactions is considered a major sin and leads to negative outcomes both in this life and the hereafter.

It’s crucial for individuals to seek out ethical, Sharia-compliant alternatives for home financing that avoid Riba entirely.

Best Ethical Alternatives for Home Financing Avoiding Riba:

• Guidance Residential
  • Key Features: Offers Sharia-compliant home financing based on Murabaha cost-plus-profit and Ijara leasing models, avoiding interest.
  • Average Price: Varies based on property value and financing structure. typically involves a profit rate instead of an interest rate.
  • Pros: 100% Sharia-compliant, established reputation, transparent processes, no interest accumulation.
  • Cons: Limited availability in some regions, specific qualification criteria.
• American Finance House LARIBA
  • Key Features: Provides Islamic home financing through a Mudarabah partnership framework, where the financier and client share profits and losses, eliminating interest.
  • Average Price: Profit rates are competitive with conventional rates but structured ethically.
  • Pros: Pioneer in Islamic finance in the US, focuses on ethical investment, diverse financing options beyond just homes.
  • Cons: Can be a more complex structure to understand for some clients, may require detailed documentation.
• Ijara Community Development ICD
  • Key Features: Specializes in Ijara-based home financing, where the financier buys the property and leases it to the client, with payments gradually transferring ownership.
  • Average Price: Monthly payments structured as rent and principal contributions.
  • Pros: Clear ownership transfer process, predictable payments, Sharia-compliant.
  • Cons: Newer player compared to others, might have fewer regional representatives.
• MPAC Solutions Muslim Public Affairs Council – For educational resources on ethical finance, not direct financing
  • Key Features: While not a direct financing institution, MPAC provides valuable resources and advocacy for ethical financial practices within the Muslim community. It can help guide individuals to reputable Islamic finance providers.
  • Price: Free access to educational materials and guides.
  • Pros: Excellent source for understanding Islamic finance principles, helps in due diligence.
  • Cons: Does not offer direct financing.
• Islamic Finance Hub Educational Portal
  • Key Features: An online portal offering comprehensive information on Islamic finance products, principles, and institutions worldwide, including those in the US.
  • Price: Free access to articles and resources.
  • Pros: Great for research and finding Sharia-compliant financial solutions globally, useful for comparing options.
  • Cons: Not a direct lender, requires users to navigate information to find specific providers.
• Interest-Free Mortgage Lenders Search for local options
  • Key Features: General search term for finding smaller, local co-operatives or community-based initiatives that offer interest-free or profit-sharing financing for homes. These often operate on a non-profit or mutual aid basis.
  • Average Price: Varies significantly based on the organization and its model.
  • Pros: Can be highly aligned with community values, potentially more flexible terms.
  • Cons: Less common, may have limited funding or specific membership requirements.
• Savings & Debt-Free Home Purchase Financial Planning
  • Key Features: This isn’t a product but a highly ethical approach: saving diligently to purchase a home outright or with minimal ethical financing. It involves disciplined budgeting, increasing income, and avoiding all forms of debt.
  • Price: No direct cost, but requires significant personal effort and time.
  • Pros: Eliminates all forms of Riba, promotes financial independence, reduces stress, aligns perfectly with Islamic principles of avoiding debt.
  • Cons: Can take a long time, requires strong financial discipline.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Neighborlyhomelending.com Review & First Look

When attempting to access Neighborlyhomelending.com, the immediate impression is one of absence.

Instead of a functional website offering mortgage services, users are greeted with a message stating, “This website no longer exists.

Take me back to the home for the best mortgage marketing websites and lead generation.” This indicates a complete lack of operational presence, meaning Neighborlyhomelending.com, as a mortgage lending entity, is effectively defunct.

This initial observation is critical for anyone performing due diligence, as a non-existent online presence translates directly to zero trust and zero service availability.

The Problem with a Defunct Website

A website that no longer exists immediately flags a serious issue. Allinonecluster.com Review

For a service as critical as mortgage lending, a stable, secure, and continuously updated online platform is paramount.

The absence of Neighborlyhomelending.com signifies that:

• No Current Services: There are no mortgage products, application processes, or customer support available.
• No Information: All previous information regarding their terms, rates, and processes is unavailable.
• Trust Erosion: A defunct website completely undermines any potential trust. If a company cannot maintain its basic online presence, it certainly cannot be trusted with a significant financial transaction like a home mortgage.
• Potential for Misdirection: The redirect to “mortgage marketing websites and lead generation” could suggest that the domain was acquired for SEO purposes, further detaching it from any legitimate lending operations.

Implications for Prospective Homebuyers

For anyone seeking to finance a home, discovering a defunct website like Neighborlyhomelending.com is a significant roadblock. It means:

• Wasted Time: Any effort spent researching this specific domain is futile.
• Risk Avoidance: While frustrating, it also inherently protects prospective borrowers from potential issues, as interacting with a non-operational entity could lead to scams or data breaches if the site were to be resurrected by malicious actors.
• Need for Alternatives: It forces a pivot to genuinely operational and reputable lending institutions.

Neighborlyhomelending.com Cons

Given that Neighborlyhomelending.com no longer exists, a traditional “Pros & Cons” analysis isn’t really applicable in the positive sense. However, from a critical review standpoint, we can identify significant cons that arise from its non-existence and the nature of conventional lending itself.

Non-Operational Status

The most glaring con is the simple fact that the website is defunct. This isn’t just an inconvenience. Traveltechub.com Review

It’s a fundamental failure for any service-oriented business.

• Zero Accessibility: You cannot access any information, apply for loans, or contact anyone associated with Neighborlyhomelending.com for mortgage services. The website literally states, “This website no longer exists.”
• Lack of Credibility: A company that cannot maintain its web presence demonstrates a severe lack of professionalism and stability. This alone makes it an unreliable source for significant financial undertakings.
• Information Void: All prior information, such as terms, rates, customer reviews, or licensing details, is effectively lost or inaccessible. This leaves prospective clients completely in the dark.

Inherent Riba Interest in Conventional Mortgages

Beyond its defunct status, Neighborlyhomelending.com, by virtue of being a “homelending” entity in the conventional sense, would have undoubtedly engaged in interest-based transactions Riba. From an ethical and Islamic perspective, this is a profound and fundamental con.

• Prohibition in Islam: Riba is explicitly forbidden in Islamic teachings. The Quran and Sunnah warn against engaging in interest, equating it to waging war against Allah and His Messenger. The Prophet Muhammad peace be upon him cursed the one who takes interest, the one who gives it, the one who records it, and the two witnesses to it, stating they are all equal in sin.
• Economic Injustice: Interest perpetuates economic injustice, concentrating wealth in the hands of a few and burdening borrowers with ever-increasing debt. It creates an unstable financial system prone to bubbles and crises.
• Spiritual Detriment: Engaging in Riba carries severe spiritual consequences, diminishing blessings Barakah and potentially leading to a lack of contentment and spiritual unease.
• Ethical Concerns: Even outside of religious texts, many ethical frameworks critique interest for its exploitative nature, particularly towards those in vulnerable financial positions.

Absence of Transparency and Accountability

Even if the site were operational, a lack of detailed information on its homepage regarding licensing, regulatory compliance, physical address, and clear terms would be a major drawback. The current state offers zero transparency.

• No Regulatory Disclosures: Legitimate lending institutions are typically required to display their NMLS Nationwide Mortgage Licensing System & Registry ID, state licenses, and regulatory body affiliations prominently. The absence of an operational site means none of this is verifiable.
• No Customer Support Channels: There are no contact numbers, email addresses, or physical addresses provided, which is a critical missing component for any service business, let alone a financial one.
• No Customer Reviews or Testimonials: While reviews can be faked, a complete absence of any public-facing feedback mechanisms suggests either a very new or very problematic entity. Given the defunct status, it’s the latter.

Neighborlyhomelending.com Alternatives

Since Neighborlyhomelending.com is non-operational and, more importantly, conventional mortgage lending typically involves Riba interest, which is impermissible in Islam, focusing on ethical and Sharia-compliant alternatives is paramount.

These alternatives offer pathways to homeownership without compromising one’s values. Creativeorion.com Review

Understanding Ethical Home Financing

The core principle of Islamic home financing is the avoidance of Riba.

Instead, these models are based on real asset transactions, partnerships, or lease-to-own agreements. Key models include:

• Murabaha Cost-Plus-Profit Sale: The financier buys the property and then sells it to the client at a pre-agreed higher price, payable in installments. The profit margin is fixed upfront, not interest-based.
• Ijara Leasing: The financier buys the property and leases it to the client for a specific period, with the client’s payments including both rent and a portion towards eventual ownership transfer.
• Musharakah Mutanaqisah Diminishing Partnership: The financier and client jointly own the property. The client buys the financier’s shares over time through regular payments, gradually increasing their ownership until they own the entire property. This also involves a rental component for the financier’s remaining share.

Top Ethical and Sharia-Compliant Home Financing Providers

Here are some of the most reputable and established alternatives for Sharia-compliant home financing in the United States, offering ethical paths to homeownership:

1. Guidance Residential

   • Model: Primarily utilizes the Declining Balance Co-ownership Program, which is a form of Diminishing Musharakah Musharakah Mutanaqisah.
   • Key Features: One of the largest and most well-known Sharia-compliant home finance providers in the US. They have a robust compliance board and offer financing for various property types.
   • Availability: Operates in many states across the US.
   • Why it’s a good alternative: Strong track record, adherence to ethical principles, and clear, transparent processes for home financing without Riba.
   • Data Point: Guidance Residential has facilitated over $7 billion in home financing transactions across the U.S. since its inception. Source: Guidance Residential’s official website

2. American Finance House LARIBA AFHL Easthillanimalhospital.com Review

   • Model: Based on Mudarabah profit-sharing partnership and Murabaha.
   • Key Features: A pioneer in Islamic finance in the US, established in 1987. They emphasize ethical and responsible investment and financing.
   • Availability: Operates nationally.
   • Why it’s a good alternative: Long-standing history, commitment to Islamic principles, and a diverse range of financing options beyond just home mortgages.
   • Data Point: AFHL was the first Islamic finance institution to be licensed in California in 1987, showcasing its pioneering role. Source: LARIBA’s official website

3. Ijara Community Development ICD

   • Model: Focuses on Ijara leasing with eventual ownership.
   • Key Features: Emphasizes community development and ethical financing. Their Ijara model means you lease the property from them, with your payments contributing to gradually acquiring ownership.
   • Availability: Growing presence in various states.
   • Why it’s a good alternative: Simple and transparent Ijara structure, commitment to community impact, and direct avoidance of Riba.
   • Data Point: ICD aims to provide an accessible and ethical homeownership path, particularly for underserved communities, reflecting its community-centric mission. Source: Ijara CDC’s mission statements

4. Community-Based Islamic Finance Co-ops

   • Model: Varies, often involving mutual aid, benevolent loans Qard Hasan, or collective investment schemes.
   • Key Features: Smaller, localized initiatives where community members pool resources to help each other achieve homeownership without interest. These are often non-profit or member-owned.
   • Availability: Highly localized. requires research within specific communities.
   • Why it’s a good alternative: Strong community focus, often more flexible and tailored to local needs, deeply rooted in ethical principles.
   • Consideration: Requires careful due diligence to ensure proper structuring and adherence to Islamic finance guidelines.

5. Saving for a Debt-Free Home Purchase

   • Model: No financing model. purely self-funded.
   • Key Features: This is the most financially conservative and ethically pristine approach. It involves disciplined saving, budgeting, and potentially investing in Sharia-compliant instruments to accumulate the full purchase price of a home.
   • Why it’s a good alternative: Completely eliminates all forms of debt and Riba, fosters financial independence, and aligns perfectly with Islamic principles of self-reliance and avoiding financial burdens.
   • Data Point: According to a 2022 survey by NerdWallet, 17% of U.S. homebuyers paid with cash, highlighting that debt-free homeownership, while challenging, is achievable. Source: NerdWallet

Key Considerations When Choosing an Alternative

• Sharia Compliance Certification: Ensure the institution has a reputable Sharia supervisory board or scholar providing oversight and certification.
• Transparency: Understand all fees, profit rates, and terms upfront. Avoid any hidden costs or ambiguous language.
• Reputation and Track Record: Research the institution’s history, customer reviews, and regulatory standing.
• Customer Service: Assess their responsiveness and willingness to clearly explain their processes.
• Educational Resources: A good ethical financier will provide clear educational materials to help you understand the Islamic finance concepts.

By exploring these ethical alternatives, individuals can pursue their dream of homeownership without engaging in forbidden interest-based transactions, ensuring peace of mind and spiritual well-being.

How to Avoid Mortgage Scams

The discovery that Neighborlyhomelending.com is a defunct website underscores the critical importance of vigilance against online scams. Openedornot.com Review

Avoiding mortgage scams requires a proactive and informed approach.

Red Flags to Watch Out For

Scammers often employ similar tactics.

Knowing these warning signs can help you identify a fraudulent operation before it’s too late.

• “Too Good to Be True” Offers: Be highly suspicious of offers that promise exceptionally low rates, guaranteed approvals regardless of credit, or quick processing times that seem unrealistic. Legitimate lenders operate within market realities.
• Upfront Fees for “Guaranteed” Loans: Any lender demanding significant upfront fees solely for “processing” or “guaranteeing” a loan before any funds are disbursed is a major red flag. Legitimate lenders typically charge application fees or closing costs that are disclosed clearly and paid at specific stages, not just for a promise.
• Pressure Tactics: Scammers often try to rush you into decisions, claiming offers are time-sensitive or that you’ll miss out if you don’t act immediately. A reputable lender will give you ample time to review documents and ask questions.
• Unsolicited Offers: Be wary of unsolicited emails, phone calls, or texts offering mortgage deals, especially if they claim to be from a lender you’ve never contacted.
• Requests for Sensitive Information via Unsecured Channels: Never send personal financial information bank account numbers, Social Security numbers via unencrypted email or text message. Legitimate lenders use secure portals for document submission.
• Generic or Poorly Designed Websites: While not always definitive, a website that looks unprofessional, has grammatical errors, or uses generic stock photos without specific company branding can be a sign of a scam. The redirect from Neighborlyhomelending.com to a generic marketing site fits this concern.
• Lack of Physical Address or Licensing Information: All legitimate mortgage lenders in the U.S. must be licensed. Look for their NMLS ID and state licenses prominently displayed on their website. If this information is missing or hard to find, proceed with extreme caution. You can verify licenses through the NMLS Consumer Access website nmlsconsumeraccess.org.
• Unusual Payment Methods: Requests for payments via wire transfer, gift cards, or cryptocurrency are almost always indicative of a scam, as these methods are difficult to trace.

Best Practices for Due Diligence

To protect yourself, adopt these practices when seeking home financing:

• Verify Licensing: Always verify the lender’s license through the Nationwide Mortgage Licensing System & Registry NMLS Consumer Access. This is non-negotiable.
• Check Online Reviews and Complaints: Search for the company name along with terms like “reviews,” “scam,” or “complaints” on reputable sites like the Better Business Bureau BBB, Consumer Financial Protection Bureau CFPB, and independent review platforms.
• Contact Them Directly: Use contact information found on their official, verified website, not from an unsolicited email or ad. Call them to confirm details.
• Read All Documents Carefully: Before signing anything, read every document thoroughly. If you don’t understand something, ask for clarification. Consider having a trusted legal professional review the terms.
• Compare Offers: Don’t settle for the first offer. Get quotes from multiple reputable lenders to compare rates, terms, and fees. This also helps you spot any outlier “too good to be true” deals.
• Be Skeptical of “Guarantees”: No legitimate lender can “guarantee” a loan without a thorough financial assessment.

Reporting Suspected Scams

If you encounter a suspected mortgage scam, report it to the appropriate authorities: Prestigei.com Review

• Federal Trade Commission FTC: Report at reportfraud.ftc.gov.
• Consumer Financial Protection Bureau CFPB: Submit a complaint at consumerfinance.gov/complaint.
• FBI Internet Crime Complaint Center IC3: Report online scams at ic3.gov.
• Your State’s Attorney General Office: Often has a consumer protection division.

By maintaining a high level of skepticism and diligently verifying every piece of information, you can significantly reduce your risk of falling victim to mortgage scams, ensuring a safer path to homeownership.

The Ethical Imperative: Why Riba Interest is Forbidden

The concept of Riba, or interest, is central to Islamic finance and a crucial point of distinction from conventional financial systems.

Its prohibition is not arbitrary but rooted in deep ethical, social, and economic principles that aim to foster justice, equity, and sustainable wealth creation.

Understanding this imperative is vital for anyone seeking ethical financial solutions, especially for major life decisions like homeownership.

The Clear Prohibition in Islamic Texts

The Quran and the Sunnah teachings and practices of Prophet Muhammad, peace be upon him are unequivocal in their condemnation of Riba. Designhub360.com Review

• Quranic Verses: Several verses in the Quran explicitly forbid Riba. For example, in Surah Al-Baqarah 2:275, Allah states: “Those who consume interest will not stand except as one stands who is being beaten by Satan into insanity. That is because they say, “Trade is only like interest.” But Allah has permitted trade and forbidden interest.” Further, Surah Al-Baqarah 2:279 warns: “And if you do not, then be informed of a war from Allah and His Messenger. But if you repent, you may have your principal – you do no wrong, nor are you wronged.“
• Prophetic Sayings Hadith: The Prophet Muhammad peace be upon him also condemned Riba in strong terms. A well-known Hadith states: “Allah has cursed the one who consumes Riba, the one who pays it, the one who records it, and the two witnesses to it, and he said: ‘They are all equal in sin.’” Sahih Muslim. This highlights that the prohibition extends beyond the direct parties to anyone facilitating the interest-based transaction.

Ethical and Economic Reasons for the Prohibition

The prohibition of Riba is based on several compelling ethical and economic rationales:

1. Exploitation and Injustice: Riba allows the lender to earn money without undertaking any real risk or productive effort. It extracts wealth from the borrower, often at their most vulnerable, and can lead to a cycle of debt. The rich get richer simply by having capital, while the poor struggle under the burden of interest payments.
2. Lack of Risk Sharing: In Islamic finance, profit is permissible only when accompanied by risk. Riba, however, guarantees a return on capital regardless of the project’s success or failure. This separates finance from real economic activity and encourages speculation rather than productive investment.
3. Inflation and Economic Instability: Interest can exacerbate inflation. When money is borrowed with interest, the cost of goods and services produced using that borrowed money can increase to cover the interest payments, passing the burden onto consumers. It also contributes to financial bubbles and crises by encouraging excessive lending and borrowing.
4. Moral Corruption: The pursuit of Riba fosters greed and selfishness, eroding the spirit of cooperation and mutual assistance within society. It prioritizes financial gain over human welfare.
5. Unfair Distribution of Wealth: Riba leads to the concentration of wealth in the hands of a few, widening the gap between the rich and the poor. Islamic economic principles, in contrast, promote wealth distribution through various means like Zakat, charity, and ethical trade.
6. Against the Spirit of Lending: Lending in Islam is encouraged as an act of charity Qard Hasan, intended to help those in need. Charging interest goes against this benevolent spirit, transforming a benevolent act into a profit-making venture at the expense of the borrower.

Real-World Impact

The global financial crises, often attributed to excessive leveraging, speculative investments, and opaque interest-based derivatives, serve as stark reminders of the perils of a system heavily reliant on Riba.

The 2008 financial crisis, for instance, saw millions lose their homes due to unsustainable interest-based mortgage products and predatory lending practices.

• Data Point: A study by the Pew Research Center in 2018 found that 79% of Americans reported being in debt, with credit card debt and mortgages being significant contributors. This highlights the pervasive nature of interest-based debt in conventional economies. Source: Pew Research Center

The Solution: Ethical Alternatives

The Islamic solution to Riba is not to prohibit finance but to redirect it towards ethical, productive, and risk-sharing models.

This is why alternatives like Murabaha, Ijara, and Musharakah Mutanaqisah are not merely workarounds but fundamentally different paradigms designed to promote justice, stability, and genuine economic growth. Jaycollc.com Review

By understanding and embracing these principles, individuals can ensure their financial transactions are not only legally permissible but also ethically sound.

How to Cancel Neighborlyhomelending.com “Subscription” Not Applicable

Given that Neighborlyhomelending.com is currently defunct and redirects to a generic page, the concept of canceling a “subscription” or “free trial” is not applicable.

There is no active service or platform to subscribe to, nor would there have been a typical “subscription” model for a mortgage lender in the first place.

Mortgage companies deal with one-time loan applications and ongoing loan servicing, not recurring subscriptions in the sense of a monthly service fee.

Why This Question Arises

The presence of this question in SEO content suggests common user queries for various online services. Luccaspizzeria.com Review

However, in the context of a traditional mortgage lender, it’s a misnomer. For financial services, you typically:

• Complete a Loan Application: A one-time process.
• Receive Loan Servicing: Once a loan is approved and disbursed, there are ongoing payments and statements, but these are part of the loan agreement, not a “subscription.”
• Pre-qualification/Pre-approval: These are initial checks, not ongoing services.

What if You Were a Past Client?

If, hypothetically, Neighborlyhomelending.com were operational and you were a past client with an active mortgage, you would not “cancel a subscription.” Instead, you would:

• Refinance: Obtain a new loan to pay off the old one, potentially with different terms or a new lender.
• Sell the Property: Pay off the mortgage with the proceeds from the sale.
• Pay Off the Loan Early: If your loan terms allow, you could make extra payments to pay off the principal balance ahead of schedule.

Data Security After a Website Becomes Defunct

A critical concern for anyone who might have previously interacted with Neighborlyhomelending.com when it was active is the security of their personal data.

When a website goes offline, what happens to the data it collected?

• Responsibility of the Previous Operator: Legally and ethically, the former operator of Neighborlyhomelending.com would have a responsibility to securely manage or dispose of any collected personal and financial data. This typically involves purging data securely or migrating it to an acquiring entity if the business was sold.
• Risk of Data Breach: If proper data destruction protocols are not followed, there is a risk of data breaches. This is why individuals should always be cautious about where they submit sensitive information.
• Recommendations:
  • Monitor Credit Reports: Regularly check your credit reports for any suspicious activity. You can get free annual reports from AnnualCreditReport.com.
  • Change Passwords: If you ever created an account with Neighborlyhomelending.com or used a similar password elsewhere, change those passwords immediately.
  • Be Alert for Phishing: Be extra vigilant for phishing emails or calls claiming to be from Neighborlyhomelending.com or related entities, attempting to extract further information.

The complete disappearance of Neighborlyhomelending.com means there’s no “subscription” to cancel, but it does serve as a stark reminder of the importance of financial data security and the need to deal only with verified, operational, and reputable institutions for any sensitive financial transactions. Kflwebdesign.com Review

Understanding Neighborlyhomelending.com Pricing Non-Existent

Discussing the “pricing” for Neighborlyhomelending.com is, unfortunately, a non-starter.

As established, the website is defunct, meaning there are no services, no products, and therefore, no pricing structures to evaluate.

Any attempt to infer pricing would be purely speculative and unhelpful.

How Mortgage Pricing Normally Works for Context

To provide valuable context, let’s briefly touch on how legitimate mortgage lenders typically structure their pricing.

This comparison helps highlight the significant missing elements for a non-existent site like Neighborlyhomelending.com. Bementcompany.com Review

Conventional mortgage pricing generally involves:

• Interest Rates: The primary cost of borrowing, expressed as a percentage of the loan principal. These can be fixed or adjustable.

• Annual Percentage Rate APR: This is a broader measure of the cost of a loan, including the interest rate and most fees, expressed as an annual percentage. It’s often higher than the nominal interest rate.

• Origination Fees: Charged by the lender for processing the loan application, underwriting, and funding the loan. Typically a percentage of the loan amount e.g., 0.5% to 1%.

• Discount Points: Optional fees paid upfront to “buy down” the interest rate, making monthly payments lower over the loan’s life. One point usually equals 1% of the loan amount. Biz4group.com Review

• Closing Costs: A collection of fees paid at the close of the real estate transaction. These can include:

  • Appraisal Fees: For valuing the property.
  • Credit Report Fees: For pulling your credit history.
  • Title Insurance: Protects the lender and/or buyer from title defects.
  • Escrow Fees: Paid to the third party holding funds until conditions are met.
  • Recording Fees: For officially recording the sale with the county.
  • Prepaid Items: Such as property taxes and homeowner’s insurance for a certain period.

• Example Conventional Cost Breakdown Illustrative – not specific to any lender:

  • Loan Amount: $300,000
  • Interest Rate: 6.5%
  • Origination Fee 1%: $3,000
  • Appraisal Fee: $500 – $700
  • Title Insurance: $1,000 – $2,000
  • Total Estimated Closing Costs: Can range from 2% to 5% of the loan amount, or $6,000 – $15,000 for a $300,000 loan.

Why This Lack of Pricing Information is a Red Flag

For any legitimate financial institution, transparent pricing is a cornerstone of trust and compliance.

The complete absence of such information, due to the website being offline, is a critical issue.

• No Consumer Protection: Without published pricing or clear disclosures, consumers are left entirely exposed.
• Inability to Compare: Prospective borrowers cannot compare offerings or determine the competitiveness of any hypothetical rates.
• Regulatory Violation if active: If a lender were operating without clear pricing disclosures, it would be in direct violation of consumer protection laws, such as the Truth in Lending Act TILA in the U.S.

Ethical Sharia-Compliant Home Financing Pricing

In contrast to conventional mortgages, ethical Islamic home financing structures pricing differently to avoid Riba. Aloekarma.com Review

• Murabaha: The “profit margin” is fixed and agreed upon upfront. It’s a pre-determined markup on the cost of the asset, not a fluctuating interest rate.
• Ijara: Payments consist of a rental portion for the use of the property and an acquisition portion to gradually purchase the financier’s share. The “rent” is determined by the market and the value of the financier’s ownership share.
• Musharakah Mutanaqisah: Payments involve a rental component for the financier’s share and a principal component to buy out their shares. The rental amount adjusts as the client’s ownership increases.

For all ethical models, closing costs, appraisals, and other third-party fees are still applicable, similar to conventional loans, as these are related to the transaction itself, not the cost of money.

The key difference lies in the absence of Riba in the core financing mechanism.

• Data Point: According to industry analysis, average closing costs in the U.S. typically range from 2% to 5% of the loan amount, regardless of the financing type conventional or Sharia-compliant, as many of these costs are transactional fees for third-party services. Source: Bankrate

In summary, while Neighborlyhomelending.com offers no pricing information due to its defunct status, understanding how pricing works in both conventional and ethical home financing helps consumers navigate the market responsibly and identify legitimate, transparent providers.

Neighborlyhomelending.com vs. Legitimate Ethical Lenders

The direct comparison between Neighborlyhomelending.com and legitimate ethical lenders is stark, highlighting the fundamental differences between a defunct, conventional and thus impermissible entity and robust, Sharia-compliant financial institutions. It’s not a competition.

It’s a clear choice between an unavailable, ethically problematic path and a viable, permissible one. Himalayayogausa.com Review

Neighborlyhomelending.com: The Non-Starter

• Operational Status: Non-existent. This is the ultimate deal-breaker. There is no website, no service, and no opportunity to engage with them.
• Ethical Stance: Presumed to be conventional, interest-based lending, which is impermissible Haram in Islam due to Riba. Even if it were operational, it would not be a viable option for those adhering to Islamic financial principles.
• Transparency & Trust: Zero. A defunct website implies no current transparency, accountability, or trustworthiness. There’s no licensing information, contact details, or service descriptions available.
• Consumer Protection: None. There’s no entity to protect consumers from, or appeal to, if issues were to arise, simply because it doesn’t exist.
• Financial Impact: No direct financial impact as it is non-operational, but previously engaging with such a system would lead to the burden of Riba.

Legitimate Ethical Lenders e.g., Guidance Residential, LARIBA, ICD

• Operational Status: Fully active, with established physical and online presences, customer support, and ongoing operations.
• Ethical Stance: Sharia-compliant. These institutions have Sharia supervisory boards that ensure all products and processes adhere strictly to Islamic principles, explicitly avoiding Riba through models like Murabaha, Ijara, and Musharakah Mutanaqisah. This makes them permissible Halal and highly recommended for Muslims.
• Transparency & Trust: High. They prominently display licensing NMLS ID, provide detailed explanations of their financing models, publish clear terms and conditions, and offer various channels for customer support. Their business models are built on ethical compliance and trust.
• Consumer Protection: Subject to federal and state financial regulations. They are licensed and regulated, providing avenues for consumer complaints and ensuring adherence to fair lending practices.
• Financial Impact: Provides a financially viable and ethically sound path to homeownership, without the spiritual and economic burden of interest. While the profit rates or rental structures might be comparable to conventional interest rates, the underlying contracts and principles are fundamentally different and permissible.

Comparative Table Conceptual

Feature	Neighborlyhomelending.com	Legitimate Ethical Lenders e.g., Guidance Residential
Operational Status	Defunct, non-existent	Fully operational, active
Ethical Compliance	Conventional Riba-based, Impermissible	Sharia-compliant No Riba, Permissible
Website Presence	Redirects, no content	Professional, informative, secure
Service Availability	None	Full range of home financing services
Transparency	Zero	High clear terms, fees, licenses
Regulatory Status	Unknown presumed inactive	Licensed, regulated by state & federal bodies
Customer Support	None	Dedicated support teams, multiple channels
Community Impact	None	Fosters ethical financial ecosystems, community well-being

The Imperative of Choice

The comparison makes it clear that Neighborlyhomelending.com is not an option.

The choice for a prospective homeowner, particularly one seeking to align their finances with ethical or Islamic principles, is to bypass such non-operational or Riba-based entities entirely.

Instead, the focus should be on diligently researching and engaging with established, transparent, and genuinely ethical institutions.

• Data Point: According to the Islamic Finance Council UK IFC, the global Islamic finance industry is projected to reach $4.9 trillion by 2026, demonstrating the growing demand and robust infrastructure for ethical financial solutions worldwide. Source: Statista This growth signifies the availability and reliability of Sharia-compliant alternatives.

Choosing a legitimate ethical lender means opting for peace of mind, compliance with religious injunctions, and participation in a financial system designed for fairness and sustainability, rather than exploitation and debt.

FAQ

What is Neighborlyhomelending.com?

Neighborlyhomelending.com appears to be a defunct website that previously operated or was intended to operate in the mortgage lending space. Travmosolo.com Review

Currently, it redirects to a page stating it “no longer exists” and offers links related to mortgage marketing, indicating it is not an active lender.

Is Neighborlyhomelending.com operational right now?

No, Neighborlyhomelending.com is not operational.

Its website explicitly states, “This website no longer exists.”

Can I apply for a mortgage through Neighborlyhomelending.com?

No, you cannot apply for a mortgage through Neighborlyhomelending.com because the website is defunct and the entity is not operational.

Is Neighborlyhomelending.com a legitimate company?

Based on its current non-operational status and website redirect, Neighborlyhomelending.com does not appear to be a legitimate, active mortgage lending company.

Its current state severely undermines any credibility.

Are there any reviews for Neighborlyhomelending.com?

Due to its defunct status, current reviews are unlikely to be found for Neighborlyhomelending.com as an active lender. Any past information would be difficult to verify.

Why is Riba interest forbidden in Islamic finance?

Riba interest is forbidden in Islamic finance because it is considered exploitative and unjust.

It allows the lender to earn money without undertaking real risk or productive effort, perpetuates economic inequality, and can lead to financial instability, which is contrary to Islamic principles of fairness and ethical wealth distribution.

What are ethical alternatives to conventional mortgages?

Ethical alternatives to conventional mortgages, especially those compliant with Islamic principles, include Murabaha cost-plus-profit sale, Ijara leasing, and Musharakah Mutanaqisah diminishing partnership models.

These avoid interest and are based on real asset transactions or shared ownership.

Which companies offer Sharia-compliant home financing in the US?

Prominent companies offering Sharia-compliant home financing in the US include Guidance Residential, American Finance House LARIBA, and Ijara Community Development ICD.

How can I verify the legitimacy of an online mortgage lender?

You can verify the legitimacy of an online mortgage lender by checking their NMLS Nationwide Mortgage Licensing System & Registry ID on nmlsconsumeraccess.org, looking for clear licensing information on their website, checking their physical address, and reviewing customer feedback on independent platforms.

What should I do if a website like Neighborlyhomelending.com is defunct?

If a website like Neighborlyhomelending.com is defunct, you should immediately cease any attempts to interact with it for services.

Do not submit personal information, and shift your search to active, reputable, and legitimate lenders.

What are the main cons of Neighborlyhomelending.com?

The main cons of Neighborlyhomelending.com are its non-operational status, complete lack of service, zero transparency, and the inherent ethical issues Riba associated with conventional mortgage lending that it would have likely practiced.

What is the difference between interest and profit in Islamic finance?

The key difference is that interest Riba is a predetermined, guaranteed return on borrowed money, regardless of the outcome or risk.

Profit in Islamic finance, however, is a return on real productive assets or shared ventures where both risk and reward are shared among parties.

Does Neighborlyhomelending.com have a free trial or subscription model?

No, Neighborlyhomelending.com does not have a free trial or subscription model, as it is a defunct mortgage lending website.

Mortgage companies do not typically operate on such models.

How do Sharia-compliant mortgages handle pricing?

Sharia-compliant mortgages price based on profit margins Murabaha, rental income Ijara, or rental payments on a shared ownership basis Musharakah Mutanaqisah, rather than interest rates. All fees are transparent and agreed upon upfront.

Is saving to buy a home outright an ethical option?

Yes, saving to buy a home outright is considered the most ethical and financially sound option, as it completely avoids debt and interest Riba, aligning perfectly with Islamic principles of financial independence and avoiding financial burdens.

What are common red flags for mortgage scams?

Common red flags for mortgage scams include “too good to be true” offers, requests for large upfront fees for guaranteed loans, pressure tactics, unsolicited offers, demands for sensitive information via unsecured channels, and a lack of clear licensing or physical address.

Where can I report a suspected mortgage scam?

You can report a suspected mortgage scam to the Federal Trade Commission FTC at reportfraud.ftc.gov, the Consumer Financial Protection Bureau CFPB at consumerfinance.gov/complaint, or the FBI Internet Crime Complaint Center IC3 at ic3.gov.

What is NMLS Consumer Access and why is it important?

NMLS Consumer Access is an online platform nmlsconsumeraccess.org that allows consumers to verify if a mortgage lender or loan originator is properly licensed and registered.

It’s crucial for confirming the legitimacy of any financial institution you consider working with.

Do ethical lenders have similar closing costs to conventional lenders?

Yes, ethical lenders typically have similar closing costs to conventional lenders, as these costs primarily cover third-party services like appraisals, title insurance, legal fees, and government recording fees, which are part of any real estate transaction, regardless of the financing method.

How does the absence of Neighborlyhomelending.com affect past clients?

If Neighborlyhomelending.com had past clients, its absence means they would need to seek out their loan servicer the company they make payments to, which might be different from the original lender for any account inquiries, as the original website and presumed company are no longer operational.

Past clients should also monitor their credit reports.