Not all loans are created equally

We’ve taken the steps to create a financial tool that not only helps you achieve your goals, but one that respects the time and effort you’ve put into your home throughout the years.

Monthly payment free*

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

Compare to other options
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Access to fairer financial solutions

Fraction understands how challenging it can be to save in this economic environment. We offer no required monthly payments* and help you support your financial future.

See how much it costs
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A look at our variable interest rates

At the end of your term, we calculate your interest rate based on the change in value of your home.

Move the slider up and down to see how your home appreciation is tied to your interest rate.
Home appreciation at 5.00%
maximum rate
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minimum rate
APR* is 0.24%
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*Interest rate shown is a compound interest rate. If you are in Washington, your rate will be a simple interest rate, which is 7.40% APR - 13.31% APR*. Chart is for educational purposes. Rates shown may not reflect the rate for your region.


A guaranteed minimum rate

No matter your income or credit score, every Fraction customer qualifies for our minimum rate.

Average Rate

Rates that protect your equity

Your interest rate will correspond to the appreciation of your home if appreciation falls between our minimum and maximum rate.

Maximum Rate

A capped maximum rate

For high growth homes, we've capped our maximum interest rate.

To see our current rates, visit our rates page.

Quick & easy

Fraction has reimagined how mortgage lending works from the ground up. Our first-of-its-kind financial platform completely digitizes the mortgage application process, helping you access funds quicker with no required monthly payments.*

And we’ve made it easy. Prefer to speak to a human rather than apply online? We’re with you every step of the way.

So, what’s the catch?

There are upsides and downsides to every loan, no matter how ideal the benefits are. Here’s what you should know about the Fraction Mortgage.

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You have to pay an origination fee (included in your loan) and out of pocket costs, such as an inspection and appraisal.

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If you choose to refinance with Fraction, you will be subject to a 1% refinancing fee.

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Primary applicants must have a minimum FICO score of 640 and specific maximum loan-to-value (LTV) to qualify for a 5 year term.

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Fraction only offers a 5 year term (which can be renewed*) vs. other providers who offer up to 30 years.

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We welcome you to make prepayments and draws. However, once the draw period ends, you will no longer be able to redraw any prepaid funds.

Have questions? We can help.
Contact us

How we stack up against the rest

Learn how Fraction is different from existing home financing options.

Compare Fraction to
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Home equity line of credit
No required monthly payments*
No monthly payments
Stay in your home
Stay in your home
Qualify at any age
Qualify at any age
No early buyout penalties
No early buyout penalties
Interested in a pricing comparison between all these options?
Visit the cost page

Interested in learning more?

Our Blog

Fraction Basics

The FAQ's

Ready to tap into your home equity?

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