Fraction can help reduce your medical debt, quickly

Need a flexible and transparent way to pay your medical bills? Fraction can help you safely access up to $1.5M in tax-free cash and no required monthly payments.*

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

Make your home equity work for you
If you’re struggling to pay medical debt, know that you’re not alone.

Pay down your steep medical bills by tapping into your home equity.

A Fraction Mortgage offers $1.5M in tax-free cash, fair interest rates and 100% no required monthly payments.
No required monthly payments*
You owe nothing for up to 5 years thanks to our no monthly payments.*

With our first-lien open line of credit, 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."
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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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Here's how a Fraction Mortgage can help you

Nearly half of all Americans now carry medical debt, up from 46% in 2020, according to data from If you are struggling to pay steep medical bills, Fraction can help.

A Fraction Mortgage allows you to safely access up to 44% of your home’s equity at a fair rate with no required monthly payments to pay consolidate and pay down existing debts.

We provide you with a tax-free lump sum amount, a capped interest rate and no repayment fees. Get an estimate of how much you can unlock in minutes. Our approval process is fast, and you can receive funds in as quickly as 10 business days.

Fraction is a fairer way for homeowners to tackle their high-interest debt. You've invested in your home. Now it's time for your home to invest in you.

Interested in Fraction® Mortgage?

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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