Fraction Reviews 116

TrustScore 4.5 uit 5

4,4

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Lees wat reviewers zeggen

Beoordeeld met 3 van de 5 sterren

The first time I used Fraction was pretty good. The second seemed confused, and the cost of conveyance was way too expensive and not well outlined up front. Unhappy client = unhappy mortgage agent. T... Toon meer

Bedrijf heeft geantwoord

Beoordeeld met 5 van de 5 sterren

I am a mortgage broker and am pleased to say I have been conducting business with Fraction since 2021 with the most recent mortgage closing Jun 11, 2024. They are a pleasure to work with, processes a... Toon meer

Beoordeeld met 3 van de 5 sterren

An innovate alternative to a reverse mortgage. Can be paid off anytime. Interest rate is geared to the market value increase of the property. Expensive up front costs that were not well explained.... Toon meer

Beoordeeld met 5 van de 5 sterren

Fraction or Reverse morthgsges can pose unique challenges. Like any "alernative" approach, it is important to spend much time and have answers returned quickly. Both Daniel and Larry did just that.... Toon meer

Bedrijf heeft geantwoord

Bedrijfsgegevens

  1. Hypotheek
  2. Niet-bancaire financiële diensten

Geschreven door het bedrijf

Fraction is an innovative digital platform that enables homeowners to manage and diversify their home equity in a new, fair, and socially conscious way.


Contactgegevens

4,4

Uitstekend

TrustScore 4.5 uit 5

116 reviews

5 sterren
4 sterren
3 sterren
2 sterren
1 ster

Geen gegevens bekend over review-uitnodigingen

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Beoordeeld met 4 van de 5 sterren

After a few "hiccups" when entering our…

After a few "hiccups" when entering our information on the computer, it was extremely streamline obtaining our mortgage and our money, We are now entering our 2nd year with Fraction, and on occasion any questions or concerns we have are addressed in a timely manner. We would have no problem at all recommending Fraction to our friends.
E & T Cote

7 augustus 2023
Review zonder uitnodiging
Beoordeeld met 5 van de 5 sterren

Great experience

Great experience! Straightforward and transparent and the best part is the no monthly payments which really helped me from this rising cost of living...

15 juli 2023
Review zonder uitnodiging
Beoordeeld met 5 van de 5 sterren

A Painless Experience

Dealing with Fraction has been a painless and efficient experience. They have kept all of their commitments, been pleasant to deal with and helps us to further investment. Overall, great company to deal with...

2 mei 2023
Review zonder uitnodiging
Beoordeeld met 5 van de 5 sterren

No problems at all. :)

I haven't had to talk to a fraction person very often, but they were fine when I did. I think the paperwork was explained well, and they've been fine so far. I'm satisfied. :)

11 maart 2024
Review zonder uitnodiging
Beoordeeld met 5 van de 5 sterren

Critical guidance

We were coached through the entire process from the time of our application to completion. With what dates were possible, what deadlines were not feasible. Then as our closing date approached, daily calls for progress.

9 oktober 2023
Review zonder uitnodiging
Beoordeeld met 5 van de 5 sterren

Fraction. The new alternative to Reverse Mortgages

Fraction is an alternative reverse mortgage company. Unlike CHIP reverse mortgages, you don't have to be 90 years old to qualify for 40 or 50 % equity in your house. Fraction does not consider your age as a hinderance when applying. Their lending criteria has more to do with the value of your home now, and in the future. I would highly recommend them to anyone.

2 augustus 2023
Review zonder uitnodiging
Beoordeeld met 4 van de 5 sterren

Help when needed...

It was a great releaf to find a helpful hand at this hard times. The process was smooth, except it took a bit longer than expected.

Thank you for your support.

8 november 2023
Review zonder uitnodiging
Beoordeeld met 5 van de 5 sterren

Had zero issues with Frsction

The process was pretty simple and straightforward. The ability to have a reverse mortgage and access the equity in the house was the perfect option. There were no issues.

28 december 2023
Review zonder uitnodiging
Beoordeeld met 5 van de 5 sterren

Reverse Mortgage

Fraction had helped clients with over 50% Equity access funds in your reverse mortgage program even if they're less than 55 years old.

1 augustus 2022
Logo Fraction

Antwoord van Fraction

We appreciate the review, Rolando! Thanks for choosing Fraction for your mortgage funding needs.

Beoordeeld met 5 van de 5 sterren

Financial freedom

Fraction help my family to financial freedom by joining fraction we have develop financial discipline we have less stress and sleep better at night.

24 november 2022
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Antwoord van Fraction

Thanks so much for taking time to share a review, Delroy, and for funding with Fraction. We're happy to hear that Fraction has helped you and your family!

Beoordeeld met 4 van de 5 sterren

The whole process was very quick

The whole process was very quick. There is alot of steps to go through in proving who you are. That is understandable when you are dealing with that much money so it was appreciated. They are always available for questions and are very knowlegable. Would highly recommend them.

26 juli 2022
Review zonder uitnodiging
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Antwoord van Fraction

Thanks for the review, Brigette! We're glad that our process was fast and easy to understand. We are so grateful for your business and we're looking forward to providing the best mortgage service to you throughout your term. Let us know if you have any further questions or needs - we're here to help!

Beoordeeld met 5 van de 5 sterren

My Fraction Mortgage experience

My husband are very pleased with our recent experience with all those who helped us with our Fraction Mortgage
All our questions were answered and the agents guided and walked us through the whole process.
By using the equity in our home we found a great solution to help us in our situation.
Our Fraction Mortgage, when closed turned out to be a Godsend, as it has considerably improved our financial position, It has reduced our stress levels and helped us moved towards our long term retirement goals
We are very happy with the service we received from all who were involved in obtaining our Fraction Mortgage.

7 augustus 2022
Review zonder uitnodiging
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Antwoord van Fraction

Thanks so much for your review! We're so glad that Fraction had a positive impact on your financial position. We look forward to working with you again in the future.

Beoordeeld met 5 van de 5 sterren

Our smooth experience was very good

Our experience was very good, all of the staff was kind to us …

12 augustus 2022
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Antwoord van Fraction

Thanks so much for your review, Cheryl. We are so happy that you had a positive experience working with us, and will be sure to pass on your kind words to our staff!

Beoordeeld met 3 van de 5 sterren

The underwriting and the BDM with…

The underwriting and the BDM with Fraction was seamless. Easy to work with and great communication.
When it came to closing is where we ran into multiple delays. The closing was extremely difficult and resulted in multiple delays.

6 september 2022
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Antwoord van Fraction

Hi Amie, we apologize for any inconvenience during while working with us.

We're working on improving aspects of our closing process and hope that in the future we can provide a level of service that befits our brand promise. Looking forward to working with you again in the future.

Beoordeeld met 4 van de 5 sterren

It was a great experience

It was a great experience. I feel they covered everything they need.

6 september 2022
Logo Fraction

Antwoord van Fraction

Thanks for the great review, Heather! Looking forward to working with you again in the future.

Beoordeeld met 5 van de 5 sterren

Thankful

The team at Fraction helped with each step. Thankful for the assistance to get the mortgage we needed.

20 augustus 2022
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Antwoord van Fraction

Thanks so much for your review, Lydia. We are so grateful for your business and are happy that our product positively impacted you. We look forward to working with you again in the future!

Beoordeeld met 4 van de 5 sterren

We experienced multiple requests for…

We experienced multiple requests for information that we had already submitted together with updating your company’s address in our house insurance (after we had provided insurance with the correct info), After many delays, our application was finally approved.

31 juli 2022
Review zonder uitnodiging
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Antwoord van Fraction

Hi Pierre, apologies for the multiple requests for information. We hope that our product has had a positive impact on you. Please let us know if we can be of further assistance. Contact us at support@fraction.com

Beoordeeld met 4 van de 5 sterren

Reliable and efficient.

I found my lending agent (Vince) loan officer (Maria) and the notary all very helpful, understanding and efficient. Thank you all for such a good experience.
Cheryl Riveness

29 juli 2022
Logo Fraction

Antwoord van Fraction

Thanks so much for your review, Cheryl. We are so grateful for your business and are happy that our product positively impacted you. We'll be sure to pass on your kind words to Vince and Maria!

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