Fraction can help you make your business dreams a reality

Tap into your home equity to help finance your passion pursuits by taking out a Fraction Mortgage today.

A Fraction Mortgage is a flexible way to access your home equity.

Make your home equity work for you
Your dreams are finally within reach.

The Fraction Mortgage is a first-lien open line of credit that allows you to tap into your home equity and get up to $1.5 million in tax-free cash to help start a new business or to maintain an existing one.
No required monthly payments*
You owe nothing for up to 5 years with our optional monthly payments.*

With the Fraction Mortgage, you can unlock up to 44% of your home’s equity at a fair rate.

Need to leave sooner? No problem. We don’t charge prepayment penalties.
Lock in a fair rate
Unlike a traditional reverse mortgage, our terms are fair and favor you, the borrower.

The Fraction Mortgage rate is based on the appreciation of your home with a minimum rate of 6.20% APR* and a maximum rate capped at 12.20% APR* for a 5 year term.

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."
Trustpilot star ratingTrustpilot star ratingTrustpilot star ratingTrustpilot star ratingTrustpilot star rating
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."
Trustpilot star ratingTrustpilot star ratingTrustpilot star ratingTrustpilot star ratingTrustpilot star rating
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."
Trustpilot star ratingTrustpilot star ratingTrustpilot star ratingTrustpilot star ratingTrustpilot star rating
by Lawrence E.
Visit our Trustpilot

Using a Fraction Mortgage to support your business goals

If you're a business owner and have a good amount of equity locked in your home, Fraction can help you start a business or pay for business expenses.

The Fraction Mortgage lets you tap your home equity to borrow money on your terms, so it could help you grow your business or help sustain it during challenging times.

The Fraction Mortgage allows you to safely access up to 44% of your home’s equity at a fair rate with optional monthly payments. We provide you with a tax-free lump sum amount, a capped interest rate and no repayment fees.

Tap into your home equity to help finance your passion pursuits by taking out a Fraction Mortgage today.

Interested in Fraction® Mortgage?

See if you prequalify for a Fraction® Mortgage in minutes.
Get an estimateWhite clipart house with green roof

FAQs

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 contact@fraction.com. 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.

Read full FAQ