Fraction Reviews 116

It was a smooth process from the start . I found Benjamin and Robert great to work with . Always available for questions and in touch throughout the process .

I will be sending more files to Fraction

The process was unbelievably quick. I was a little disappointed in the appraisal but everything else was perfect. I'm extremely happy 😊

Working with the Fraction representatives was a positive experience. Daniel and Glenda were very responsive and helpful in answering our questions. The total elapsed time to finalize the Fraction mortgage was about 4 weeks. The only minor criticism is completing their Know Your Client (KYC) on-line questionnaire which in our case had some glitches to deal with. Other than this one point it was a pleasure to working with Fraction.

Great communications, question answered, Good People…

Jacob and Ish were most helpful in explaining the Fraction 'deal', as our experience had been only with conventional mortgages. We saw that Fraction offered us an opportunity that was best for us at this point in our 73-year-old lives, and with the house that we're living in. We're hoping for continued appreciation of our home over the next 5 years, so that this deal will turn out to be a 'win-win' for us, as well as for Fraction. They managed to come up with a brilliant mortgage product, that segues perfectly into what the current mortgage market does NOT offer. For us, it beat out all the re-fi's and the reverse mortgage products that are prevalent in the RE market these days. We feel very lucky to have discovered Fraction, and that Jacob and Ish were willing and able to answer all of our many, many questions that arose originally, and also during the entire process, up to the closing. We're very happy to be living our first month now without having made a big mortgage payment -- and with a large amount of cash now in the bank, as a result of the Fraction deal that we made! It's a brilliant idea that's sure to catch on big in the U.S. mortgage market.

Our experience with Fraction has been great!
At the very beginning, they answered all our questions and were patient with us throughout the whole process (which is super easy in of itself), especially when we encountered a hiccup on our side, Fraction continued to be professional and patient until everything worked out.
Overall,

Really smooth experience. Everything explained in simple and easy-to-follow detail. Client on-boarding very well handled. Thoughtful follow-up gift too! Really recommend working with Fraction if the financing model works for your property/life plans.

Refinancing with Fraction was a great experience. I am not a tech savvy person and they handled all the details .
Always there with prompt answers to any questions or concerns .
Looking out for my best interest was they’re top priority.
I highly recommend them for all your financial needs.

Fraction takes the time to work together with their broker partners to make the customer experience a special one!

The people at Fraction were most accommodating and extremely helpful. The creativity of their unique approach to the reverse mortgage is exceeded only by their accommodating and efficient customer service. It was from beginning to end a very satisfactory and fulfilling experience by any measure, including financial and personal. Thank you Benjamin, Bill and all.

All went great during transaction - Thank you

I have been dealing with Fraction for about 6 months now and have 5 properties with them. They have helped my husband and I realize our dreams of owning 5 properties. Using the equity in our homes we are able to renovate the properties to our liking. This benefits both Fraction and ourselves by increasing the value of the homes. It's a win, I win!

when I found Fraction on line I was very intrigued with the approach they had created to access the Equity in my home. The computation of interest rates tied to the rise in the equity of my home sold me , relatively low interest as a base line tied to equity performance of my homes market value. Always lots of equity to be made in the future, and the access to equity cash allowed for not only debt reduction, but investment capital as well! Great people always ready to explain the product and answer questions. Very comfortable experience with professional and honest conduct throughout.

The underwriter was amazing on this! He helped us guide the client through the entire process and answered any questions

1. Saw ad on Instagram
2. Larry contacted me and was awesome
3. Andrew (broker) was great:
a) home inspection was quick and easy
b) although not thrilled with the appraiser’s valuation, he was quick and easy with the process.
4. Everything delayed on closing day because my Insurance company was unable to input the lender details as required by Fraction.
5. After hours of work on my behalf and many calls to TD Insurance I was able to get a letter that was acceptable to Fraction.
6. It took two weeks from the initial estimated closing date to finally get funding today. So way too slow!!! Without Larry & Andrew’s exceptional performance I would have rated Fraction only one Star.

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 at all parts through the transaction.

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.

I had a very positive experience and would highly recommend using fraction.

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.

Fraction was fantastic to work with. The first deal had some issues but they showed support towards their broker partners by switching up the weak link to make the next 4 smooth. They are very responsive and willing to work through things. Clients were all happy with the outcome as well. Keep it going!