Fraction Cash-Out

Convert up to 44% of your home equity into tax-free cash to invest in big ideas and a better life.

No monthly payments required.*

Fraction Cash-Out is a flexible way to fund your future

Renovate your home

Whether you’re planning a kitchen remodel or laneway house, Fraction can unlock the cash you need to get the job done.

Renovating your home is not only a great way to live more comfortably, it can also increase your home's value.

Renovating or upgrading your home can help you age in place with dignity.
Invest in a new property

Leverage your unlocked home equity to purchase a second home or investment property.

You can also use the cash from a Fraction Cash-Out to cover a down payment, helping a loved one with their first home.

Alternatively, if you already have enough equity down, Fraction helps you skip the monthly payments.
Increase cash flow

Make the most out of your investment and use the equity your house has gained over the years.

Since you don't owe anything for 5 years, a Fraction Cash-Out can give you room to maintain a healthy cash flow through your other investments.

At the end of the day, Fraction gives you more control over your finances.

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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How Fraction Cash-Out can help you

At Fraction, we believe in doing what’s fairest for homeowners, which means offering a flexible alternative to traditional finance products. 

We created the Fraction Cash-Out for homeowners and investors looking to access cash from their home equity on more flexible terms. 

We allow you to access up to 44% of your home’s equity to cover renovation costs, purchase new property, and invest in new avenues.

All the while, no monthly payments are required — you can choose to pay at your own pace, or wait until the end of your term.*

What is a Cash-Out Refinance?

A “cash-out refinance” differs from other forms of refinancing in a few ways. 

When you use a cash-out refinance, you can tap into your home equity and pull out a lump sum of cash to use as you need. The amount of funds you can access is completely dependent on the amount of equity that you have in your home. 

Learning how much equity you have in your home. Check out this helpful blog.

Cash-out refinancing with Fraction is a great way to lower or eliminate monthly payments, consolidate debt and access up to $1.5 million in tax-free cash.

Fraction vs. Traditional Cash-Out Refinance

Unlike a traditional cash-out refinance, Fraction is a first-lien home equity line of credit.

This key difference allows Fraction to offer a similar experience to a cash-out refinance, with no required monthly payments.*

Plus, the minimum interest rate for all Fraction clients is 7.4% APR*, and will only go up if your home appreciates above a certain level.*

Interested in a Fraction® Cash-Out?

See if you prequalify for a Fraction® Mortgage in minutes.
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If there are no monthly payments, when do I pay Fraction back?


You decide. Fraction will receive payment when you sell the home or choose to payout Fraction.

I don’t want to add all of my information into the form right now. Is there another way to contact the team?


Absolutely. If you want to contact the team and ask any further questions about your circumstances, you may contact us at Be sure to include the province or state you’re inquiring about so we can better assist you.

Is Fraction a first lien or second lien loan?


Fraction must be the first lien or charge on your property at the time of origination and until your term ends. This means that you cannot have other liens on the property at the time of signing with Fraction.

Which areas do you lend in?


In Canada, Fraction lends in British Columbia and Ontario. In the US, Fraction lends in Washington State.

What are the costs associated with Fraction?


Fraction uses third-party appraisers and inspectors and these costs are borne by you. In addition, we require you to get independent legal advice and there are conveyancing and title insurance costs. Fraction charges a fee of 2.5% of the initial loan amount in Canada and up to 2.5% in Washington State in the US.

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