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... Leggi di più
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Anche se non controlliamo le affermazioni specifiche, trattandosi di opinioni personali, etichettiamo le recensioni come “Verificate” quando riusciamo a confermare che c'è stata un'interazione commerciale effettiva. Leggi di più
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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... Leggi di più
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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... Leggi di più
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.... Leggi di più
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.... Leggi di più
L'azienda ha risposto
Fraction is an innovative digital platform that enables homeowners to manage and diversify their home equity in a new, fair, and socially conscious way.
1050 Homer Street, V6B 2W9, Vancouver, Canada
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My wife and I have been retired for 8 years, and the financial adviser we had did a terrible job of investing our money, we either had to sell our home that we lived in for 36 years or find another solution. I was pointed towards a reverse mortgage, but the amount we could get wasn't enough and the interest rate was quite high. That's when I started looking at Fraction Mortgage. Their interest rate starts out half of a reverse mortgage rate (then based on appreciation of your home) and funding can be up to half of the appraisal of your home. Everyone at Fraction always kept us up to date on what was going on. A special thanks to Daniel and Glenda for all their help and patience. My wife and I are on the road to financial security again (with a different financial adviser!) Thanks again
Dave & Debbie

Risposta di Fraction
Excellent and FAST service from my broker. If you have all your documents in order, it takes only a matter of days to complete the new mortgage. CHIP doesn't come close to FRACTION with the interest rates and gives you more extra money if you need it for retirement on your home equity.

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Much confusion in process with unnecessary legal requirements
Secured amount much greater than amount used. That money should be available at minimal legal cost ..........like a mortgage renewal , a 300 fee ONLY

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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. That process needs to be streamlined and the cost drastically reduced. I suggest allowing the borrower to use the same lawyer whenever possible.

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Application ran very smoothly from start to finish, the quiz and ID verification were easy but with older clients I needed to assist them through the electronic part as they are not computer literate.

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As a mortgage agent, I can say from start to finish Larry and Daniel made this transaction effortless.
Myself and the clients are very happy. I have just sent in another deal and again everything is running smooth.
Thanks guys.

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Fraction has been the light at the end of the tunnel for me, at least for now and i look forward to a longer relationship

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I still can’t believe this incredible deal I got which made it possible to purchase my retirement dream home. I have been telling everyone I know about Fraction and recommending you.
Thank you so much Daniel and all the professional at Fraction! I look forward to doing more business with you in the future.

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My Client had a specific need and the Fraction product was a perfect fit for her! Fraction has fast efficient approval process and a smooth funding department as well!

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I Love working with Fraction! Daniel and his team are always responsive, attentive and accomodating.

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I find this product (being able to access equity and not having to make monthly payments) as ideal for my financial situation at the present time.
The process was extremely seamless to follow, and the human interaction was cordial and efficient.

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Excellent service. Everything was executed perfectly great communication skills with fraction in my mortgage broker and lawyers it certainly has given me great comfort to have switched to fraction. The product that fraction offered me was the perfect solution I am so happy that I made this choice.

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They have been very helpful. The only thing we would like to be able to access is the dollar amount owing when we sell our home and have to repay.

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Everything went according to plan and was done on time.

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Fraction gave me an opportunity as a Broker to think outside the box. I was able to offer my client a solution that not only worked for the situation but allowed for a better quality of life. Larry and Daniel worked with me and my document specialist every step of the way to insure the process was smooth and our documents were compliant.

Risposta di Fraction
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