Fraction is built for homeowners

Homeowners across North America use Fraction to access their home equity — making the impossible, seem possible.

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A financial solution for every need

We were very thankful

We were very thankful that our mortgage broker introduced us to Fraction as otherwise we would not have been able to re-enter home ownership. Although this is a temporary solution as it will cost quite a bit more in the end, it was the only way for us to get a mortgage and we are happy that it was an option at the time.

Corey H.
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Fraction has made life infinitely less stressful.

Obtaining our mortgage was straightforward, seamless, and bought us much-needed time. We highly recommend Fraction.

Shannon L.
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Fraction gave me an opportunity as a broker to think outside the box.

Fraction gave me an opportunity as a broker to think outside the box. I was able to offer my client a solution that not only worked for the situation but allowed for a better quality of life.

Marika Shaw
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Excellent experience

Really smooth experience. Everything explained in simple and easy-to-follow detail. Client on-boarding very well handled.

Larissa
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As a mortgage agent

As a mortgage agent, I can say from start to finish Larry and Daniel made this transaction effortless. Myself and the clients are very happy. I have just sent in another deal and again everything is running smooth.

Christine
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I found Fraction to be quick and professional to deal with

Their unique service/product for the mortgage industry certainly has it's place to help clients. I would certainly recommend their service to anyone looking for an out of the box solution. I will work them again as client needs require and would not hesitate to use Fraction personally if this solution fit my own personal situation.

Kolbi Turner
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Friendly staff to deal with

Friendly staff to deal with, lots of work to get started and quickly received the money. Once you receive your money it's quite simple. It's been great dealing with the team at Fraction.

Brigitte D.
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They helped us stay in our home.

They helped us stay in our home. Explained everything in detail.

Jim M.
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Found Fraction to be honest, upfront, and fast.

Found Fraction to be honest, upfront, fast, and available to answer questions. We would highly recommend them.

Gaye Z.
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The team at Fraction were very helpful

The team at Fraction were very helpful, answered all my questions and explained fully the differences between a fractional mortgage and a reverse mortgage. For my situation it was a very easy decision and would highly recommend any senior who is house rich but cash poor to look into what they have to offer. A great way to access your homes equity without moving!

Bruce H.
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They helped me get through the process

They helped me get through the process very easily and explained every step of the way

Peter M.
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Good people to explain and help

Relatively simple process, with good people to explain and help along the way. The closing and handling by lawyers, and funding dates, could use some fine-tuning, but all in all, a clear and simple process. Thanks Fraction.

Mike J.
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Professional, very efficient group

Professional, very efficient group of individuals assisted us in every way throughout the process. And we just paid it back so all wonderful on our part. But to be honest it was necessary and we pondered it for awhile although a good decision though and we still had funds available and spent it very wisely.

Lynda F.
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Very professional and easy to deal with

Very professional and easy to deal with. Walked you through the whole process with ease. Any questions asked answered with patience

Maryanne L.
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Always able to talk to a "real" person

We are very pleased with Fraction. They were easy to deal with and very knowledgeable in answering our questions. We were always able to talk to a "real" person, not an answering machine. There has been no hassle from the company since we started. They let us know they are available if we need them.

Wendy
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Taking out a Fraction mortgage changed our lives

Taking out a Fraction mortgage changed our lives. It has helped us immensely. The staff and the process was amazing. Really appreciated everything about it.

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One of the best moves of my life

Fraction have been a pleasure to deal with! Everything explained and ended up exactly as such! Very pleased to deal with them and its been one of the best moves of my life, considering my situation. Excellent service and I'm very pleased.

Ian W.
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A financial solution for every need

Trustpilot Stats
Taking out a Fraction mortgage changed our lives

Taking out a Fraction mortgage changed our lives. It has helped us immensely. The staff and the process was amazing. Really appreciated everything about it.

Trustpilot Stats
One of the best moves of my life

Fraction have been a pleasure to deal with! Everything explained and ended up exactly as such! Very pleased to deal with them and its been one of the best moves of my life, considering my situation. Excellent service and I'm very pleased.

Ian W.
Trustpilot Stats
Always able to talk to a "real" person

We are very pleased with Fraction. They were easy to deal with and very knowledgeable in answering our questions. We were always able to talk to a "real" person, not an answering machine. There has been no hassle from the company since we started. They let us know they are available if we need them.

Wendy
Trustpilot Stats
Very professional and easy to deal with

Very professional and easy to deal with. Walked you through the whole process with ease. Any questions asked answered with patience

Maryanne L.
Trustpilot Stats
Professional, very efficient group

Professional, very efficient group of individuals assisted us in every way throughout the process. And we just paid it back so all wonderful on our part. But to be honest it was necessary and we pondered it for awhile although a good decision though and we still had funds available and spent it very wisely.

Lynda F.
Trustpilot Stats
Good people to explain and help

Relatively simple process, with good people to explain and help along the way. The closing and handling by lawyers, and funding dates, could use some fine-tuning, but all in all, a clear and simple process. Thanks Fraction.

Mike J.
Trustpilot Stats
They helped me get through the process

They helped me get through the process very easily and explained every step of the way

Peter M.
Trustpilot Stats
The team at Fraction were very helpful

The team at Fraction were very helpful, answered all my questions and explained fully the differences between a fractional mortgage and a reverse mortgage. For my situation it was a very easy decision and would highly recommend any senior who is house rich but cash poor to look into what they have to offer. A great way to access your homes equity without moving!

Bruce H.
Trustpilot Stats
Found Fraction to be honest, upfront, and fast.

Found Fraction to be honest, upfront, fast, and available to answer questions. We would highly recommend them.

Gaye Z.
Trustpilot Stats
They helped us stay in our home.

They helped us stay in our home. Explained everything in detail.

Jim M.
Trustpilot Stats
Friendly staff to deal with

Friendly staff to deal with, lots of work to get started and quickly received the money. Once you receive your money it's quite simple. It's been great dealing with the team at Fraction.

Brigitte D.
Trustpilot Stats
Fraction has made life infinitely less stressful.

Obtaining our mortgage was straightforward, seamless, and bought us much-needed time. We highly recommend Fraction.

Shannon L.
Trustpilot Stats
We were very thankful

We were very thankful that our mortgage broker introduced us to Fraction as otherwise we would not have been able to re-enter home ownership. Although this is a temporary solution as it will cost quite a bit more in the end, it was the only way for us to get a mortgage and we are happy that it was an option at the time.

Corey H.
Trustpilot Stats
Excellent service.

Excellent service. Everything was executed perfectly great communication skills with fraction in my mortgage broker and lawyers it certainly has given me great comfort to have switched to fraction. The product that fraction offered me was the perfect solution I am so happy that I made this choice.

Christian
Trustpilot Stats
An Ideal Product and Process

I find this product (being able to access equity and not having to make monthly payments) as ideal for my financial situation at the present time. The process was extremely seamless to follow, and the human interaction was cordial and efficient.

Dieter
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We found Fraction through our broker

We found Fraction through our broker. What an amazing product! We are mortgage free and purchased a 2nd property but weren't prepared to start making huge mortgage payments again. This worked perfectly for us.

A. Johns
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Just what we needed when we needed it

My family and I were able to tap into the value in our home, which was not available to us through standard lenders/banks. So far our expected interest rate is holding as the central bank tackles inflation and raises rates. This innovative product allowed us to get into a home we own and bought us time to get our financial circumstance to where we could access traditional lending. Just what we needed when we needed it

Charles C.
Trustpilot Stats
What an unbelievable deal!

I still can’t believe this incredible deal I got which made it possible to purchase my retirement dream home. I have been telling everyone I know about Fraction and recommending you. Thank you so much Daniel and all the professional at Fraction! I look forward to doing more business with you in the future.

Daryl R.
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Fraction has been the light at the end…

Fraction has been the light at the end of the tunnel for me, at least for now and i look forward to a longer relationship

Elvin M.
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Fraction was the ideal mortgage product for us…

“...Fraction offered us an opportunity that was best for us at this point in our 73-year-old lives, and with the house that we're living in. We're hoping for continued appreciation of our home over the next 5 years, so that this deal will turn out to be a 'win-win' for us, as well as for Fraction. They managed to come up with a brilliant mortgage product, that segues perfectly into what the current mortgage market does NOT offer.”

James K.
Trustpilot Stats
Great process and very friendly people.

From start to finish, my experience was no less than stellar. They explained the process, the paperwork, what was going to happen from point to point. Saki was a great guy to deal with and was very understanding of my specific issues and how to overcome them. Highly recommend dealing with Fraction if you are looking for this type of mortgage.

Jeff P.
Trustpilot Stats
I'm so grateful for Fraction.

I'm so grateful for fraction, it came right when I needed it. I didn't have to wait till I was 55 years old, I am currently 50. They were helpful and quick, they answered all my questions quickly and in detail. I will definitely do business with them again in the future. Fraction has given me the chance to live my dream life! Thank you Fraction.

Carlo S.
Trustpilot Stats
Win! Win! I have been dealing with Fraction for…

I have been dealing with Fraction for about 6 months now and have 5 properties with them. They have helped my husband and I realize our dreams of owning 5 properties. Using the equity in our homes we are able to renovate the properties to our liking. This benefits both Fraction and ourselves by increasing the value of the homes. It's a win, I win!

Patricia L.

Frequently asked questions

Go through our most asked questions below, and visit our FAQs page for more detailed questions.

How is my home’s initial value determined?

Following a third-party appraisal of your home and a check of all your information, you may or may not be approved for a Fraction Mortgage.

Based on your application and the appraised value of your home, Fraction will determine how much cash you qualify for. Upon a deeper review, we will provide you with documentation outlining your funding amount and corresponding terms and conditions. Once you sign the final documents, we send you your money. 

Learn more here, in our Fraction Basics modules.

What exactly does Fraction do?

The Fraction Mortgage helps homeowners to access the value locked in their homes with no required monthly payments.* 

They can use the cash for anything, from paying off credit-card debt to starting a business to buying a second home.

When the term ends, the house sells, or the homeowner exits the loan, Fraction is paid based on the appreciated growth of the home. Homeowners can pay back the loan at any time within the term. 

Learn more here, in our Fraction Basics modules.

What’s the difference between Fraction and other traditional mortgages?

Fraction offers no required monthly payments* and no payment penalties. Unlike a reverse mortgage, we have fixed-length terms and no age restrictions.

See how Fraction stacks up against the rest by visiting our blog for more financial product comparisons

Who can use Fraction?

Anyone who owns a home and has enough equity built up can work with us. We have no age restrictions. 

Since there are so many factors that contribute to partnering with Fraction, each property is evaluated independently. Working with Fraction starts with getting a free estimate. With our estimate tool you can see (in less than 5 minutes) how much tax-free cash you qualify for, with no impact to your credit score.* From there, after a hard pull credit check (which may impact your credit score) and official appraisal of your home, we’ll send you an agreement for your review. Here are some of the things we screen for before we lend:

  • The single-family dwelling is located in a province or state in which we’re currently operational
  • A 640 credit score
  • A minimum of 60% equity in your home
How do I know I can trust Fraction?

We've built the Fraction Mortgage with no required monthly payments* and penalties, no hidden fees, and removed all of the confusing financial jargon to help you find the right financial solution to meet your needs.

We keep things simple and fair for homeowners everywhere. Fraction's terms are clear and simple, and we will walk you through the whole process to make sure you understand everything before you sign.

Plus, Fraction has raised more than USD$250 million from international investors in Europe, the US, and Canada. Our world-class investors share our vision to change how homeownership works.

View more FAQs

Interested in learning more?

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Our Blog

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Fraction Basics

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The FAQ's

Ready to tap into your home equity?

Applying for a no monthly payments Fraction Mortgage is free and fast. We’re talking 5 minutes, with no impact on your credit score.