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Why homeowners choose Fraction
Live payment free
There's no monthly payments with a Fraction mortgage. Even better? No prepayment penalties.
Tackle debt
Reduce how much you spend on paying back debt by up to 50% by eliminating monthly payments.
Diversify your income
Use your home equity to invest, purchase an investment property, or even fund a new business venture.
Purchase a second home
Let your home equity fund a second or vacation home, or even invest in your child’s first home.
Retirement, on your terms
Create a steady income stream, age in place or even renovate an existing home.
...and why they stay with Fraction
Our process
Our platform makes it easy to achieve your financial goals. 100% online or over the phone.
01
Apply
In just 5 minutes, get an estimate of how much equity you can unlock with a payments-free fully open {{term_length}} year mortgage. It’s completely free and won’t affect your credit score.
02
Approve
After a credit check and application review, we’ll send you an agreement for your review. Once reviewed and following an official home appraisal, we'll confirm your loan details.
03
Receive funds
And just like that, you can tap into your home equity and not have to worry about making mortgage payments for up to {{term_length}} years. Spend it, save it, or invest it.
04
Check-in
At the end of year {{term_length_word}}, your Fraction mortgage will become due. In most cases, people will refinance into more traditional mortgage products, downsize or sell, or use other investments to pay out the difference.
Want a full breakdown of our process?
We’re making a lot of people happy
Find out how much you can get with Fraction
What’s your estimated home value?
You can get up to $1,000,000 with a Fraction Mortgage.
- No monthly payments.
- No prepayment penalties.
- No age restrictions.
How we stack up against the rest
Learn how Fraction is different from existing home financing options.