Our rates

Fraction offer homeowners a 5 year term and no required monthly payments - ever.

How it works

There are never monthly payments with Fraction. What you owe Fraction in the end is based on how much your home value goes up in those 5 years. Learn more about our terms.

5 year term

Homeowners benefit from being able to access up to 45% of their home value.

However, they will need to pay an additional 1% renewal fee should they decide to renew beyond the 5 year period.

LTV

44%

Interest (Min)

6.50%

Interest (Max)

10.49%

APR (Min)

7.03%

APR (Max)

11.04%

Further exploration

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See for yourself

Imagine your home is worth $1,000,000 at signing and you
receive $300,000 in cash with a Fraction Mortgage.

What fees can I expect?

Our origination fee is: 2.5%.
If you choose to renew at the end of your term, our 5 year term comes with a 1% renewal fee.

Origination Fee

2.5%

Renewal Fee

1.0%

On top of the origination fee, there are a few others that come with your Fraction Mortgage. These include: closing costs, inspection & appraisal fees, property insurance and other taxes & government fees.
Get an estimate

How do you determine the amount I pay back?

The rate on a Fraction Mortgage is determined by the appreciation rate of your home, with a minimum rate of 7.03% and a maximum rate of 11.04% for a 5 year term.

Our rate is calculated based on two appraisals. Initial appraisal on approval, then a final appraisal on early payout, sale, or end of term.

Need more info?

Chat with a Fraction Team Member today.

Trustpilot testimonials

Don't just take our word for it. See what others are saying about us on Trustpilot.
"I was thrilled to choose fraction for my mortgage it really solved a lot of life for me. The process was smooth and even though I had a mortgage broker, the folks at fraction were always there to talk to me and make sure I understood where we were at all parts through the transaction."
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by Jeff S.
"Fraction was the lender my mortgage specialist was most impressed with. They work remotely and are definitely easier to deal with than a bank. They simply don't have the restrictions that banks have. I highly recommend them to anyone looking to get equity out of their home."
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by Christine M.
"Fraction provided exactly the product I needed for my plans and lifestyle. My broker explained all the details really well and was always a call away for advice and to update information. The process was simple, and communication excellent."
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by Lawrence E.
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Unlock more possibilities

Access up to 44% of your hard-earned equity in tax-free cash without selling your home. Our motto is “spend a little, invest a lot, and save some for a rainy day.”
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