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

Dit bedrijf heeft hun klanten niet uitgenodigd, dus reviews zijn mogelijk niet representatief

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Beoordeeld met 5 van de 5 sterren

Everything was done professionally and…

Everything was done professionally and promptly on time thank you

19 juli 2022
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Antwoord van Fraction

Thanks so much for taking the time to write this great review, Steve. 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 5 van de 5 sterren

Fraction really helped my clients as…

Fraction really helped my clients as they did not qualify to access money to help them

19 juli 2022
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Antwoord van Fraction

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

Beoordeeld met 5 van de 5 sterren

Recent experience was handled very well.

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. The in house Lawyer program was very helpful. Whether it be good rates, clients that are not over 55 or whatever, the experience I had with the most recent clients, the Benders was a positive one. I will use Fraction again if the appropriate situation comes my way. Rick Brushett

19 juli 2022
Review zonder uitnodiging
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Antwoord van Fraction

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

Beoordeeld met 5 van de 5 sterren

My experience in march of 2022 when i…

My experience in march of 2022 when i was accepted was excellent with representative and lawyers that we used.

I think i have filled one out after all paper work was done for my fraction reverse mortgage.

Thanks and keep up the good work.

19 juli 2022
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Antwoord van Fraction

Thanks so much for taking the time to write this great review. 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 5 van de 5 sterren

Amazing Experience working with…

Amazing Experience working with Fraction. It has helped a lot of my clients improve their financial situation.

14 juli 2022
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Antwoord van Fraction

Thanks so much for your review, Andrew. We are so grateful for your business and are happy that our product helped your clients improve their financial situation. We look forward to working with you again in the future!

Beoordeeld met 5 van de 5 sterren

Andrea Bedard the agent was excellant …

Andrea Bedard the agent was excellant guiding me through the process

Good to see there's alternate choices and competition in the marketplace

14 juli 2022
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Antwoord van Fraction

Thanks so much for your review, Douglas. 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 5 van de 5 sterren

Life changing

Life changing. Amazing for someone who is self-employed with equity available.

14 juli 2022
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Antwoord van Fraction

Thanks so much for taking the time to write this great review, Lazaros. We're thrilled that you enjoyed working with us and hope that your Fraction funds help you!

Beoordeeld met 4 van de 5 sterren

Fraction lawyers a dissapointment every time

The only issue was funding time and I believe that the big issue relating to that is the lawyers that Fraction uses- terrible service and lack of knowledge.

13 juli 2022
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Antwoord van Fraction

Hi Robert, we apologize for any inconvenience during your client's funding process.

We're working on improving aspects of our legal process and hope that 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

Enjoyable Stress-free experience

Overall my experience using Fraction was positive. I was always treated with respect, and the guidelines and requirements were set out in a logical and chronological way. The one area where I deducted marks was on the difficulty of contacting my representatives in an immediate fashion. Occasionally I was told to book a time on the meeting planner, when I needed an immediate response. I have been able to pay down ALL my existing debts = Peace of Mind. Another bonus was that my current financial institution increased my line of credit substantially - but I’ll not use it except in a dire emergency. Free from compounding interest rates and monthly mortgage payments, I feel a real weight has been lifted from my shoulders. Thank you Fraction!

10 juli 2022
Review zonder uitnodiging
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Antwoord van Fraction

Thanks so much for your review, Richard. We are so grateful for your business and are happy that our product positively impacted you.

We apologize for the difficulty in getting an immediate response from our team. We're constantly working to improve our service. Please let us know if we can be of further assistance. Contact us at support@fraction.com

Beoordeeld met 5 van de 5 sterren

We were very pleased with Fractions

We were very pleased with Fractions. We were looking for a reverse mortgage but told we didn't qualify. Fractions is the same idea but has better options. We were explained everything thoroughly and could easily contact them when we had questions. We were always treated with respect. Completely satisfied!!!

30 juni 2022
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Antwoord van Fraction

Thanks so much for taking the time to write this great review, James and Wendy. We're thrilled that you enjoyed working with us and hope that your Fraction funds help you and your family!

Beoordeeld met 5 van de 5 sterren

Fraction was great to work with the…

Fraction was great to work with the associates worked with me through the entire process with patience and guidance. Thanks so much to Benjamin Brown and Kin Dutta.

29 juni 2022
Review zonder uitnodiging
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Antwoord van Fraction

Thanks so much for your review, Gerry. 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 Ben and Kin!

Beoordeeld met 5 van de 5 sterren

Everyone was very helpful throughout…

Everyone was very helpful throughout the entire process. Always responded quickly and were happy to help with any questions. Overall very positive experience with Fraction.

27 juni 2022
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Antwoord van Fraction

Thanks so much for taking the time to write this great review, Jeremy. We're thrilled that you enjoyed working with us and hope that your Fraction funds have made a positive impact!

Beoordeeld met 5 van de 5 sterren

Very easy process

Very easy process, friendly, quick to respond.

17 juni 2022
Review zonder uitnodiging
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Antwoord van Fraction

Thanks so much for taking the time to write this great review, Christine. We're thrilled that you enjoyed working with us and hope that your Fraction funds have had a positive impact!

Beoordeeld met 5 van de 5 sterren
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Antwoord van Fraction

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

Beoordeeld met 5 van de 5 sterren

Great product!

The Ingram Mortgage Team in Surrey, BC was fabulous to deal with while introducing the Fraction mortgage product to us and preparing the documents. It is a wonderful concept for people to enjoy the equity in their home without payments and retain ownership. The Fraction website explains the product and process very well and they answer any additional questions. We are very pleased with the whole experience and would recommend Fraction.

10 juni 2022
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Antwoord van Fraction

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

Beoordeeld met 5 van de 5 sterren

Tap into your home's equity fast, with no hassles

Fraction is a great, no-hassle way to tap your home's equity when you need cash quickly for home repairs/improvement, consolidate credit debt, etc. Perfect for a short term break from monthly mortgage payments if you expect your financial situation to change in the next 5 years. They didn't require massive amounts of documentation and I didn't feel raked over the coals like when I've applied for mortgages before.

10 juni 2022
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Antwoord van Fraction

Thanks so much for taking the time to write this great review, Niko. We're thrilled that you enjoyed working with us and hope that your Fraction funds help you!

Beoordeeld met 5 van de 5 sterren

Easy to work with

10 juni 2022
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Antwoord van Fraction

Thanks so much for taking the time to write this great review, Lorraine. We're thrilled that you enjoyed working with us and hope that your Fraction funds have had a positive impact!

Beoordeeld met 5 van de 5 sterren

Utilizing equity in your home

It was very simple and straight forward. The only stressful part was getting the documents required but that’s typical for any type of lending.
Being able to use the equity in my home and not having the financial strain has lessened the stress I was going through. Being able to rebuild my credit.

10 juni 2022
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Antwoord van Fraction

Thanks so much for taking the time to write this great review, Sofija. We're thrilled that you enjoyed working with us and that your Fraction funds have had a positive impact!

Beoordeeld met 4 van de 5 sterren

A little scary that after reviewing the…

A little scary that after reviewing the file 100% to get last minute questions after we removed the subject (this file was a purchase with a very nervous client)

7 juni 2022
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Antwoord van Fraction

Thanks so much for your review, Adrian. We are so grateful for your business and are glad that we could make it work with your client. We look forward to working with you again in the future!

Beoordeeld met 5 van de 5 sterren

Fraction came through for me again

Fraction came through for me again. I can't be more grateful. They were there for me right when I needed the money. I will use Fraction again in the future!

5 juni 2022
Review zonder uitnodiging
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Antwoord van Fraction

Thanks so much for your review, Carlo. We are so happy to hear that our product continues to support you in reaching your financial goals. We look forward to working with you again in the future!

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