Unlock Your Home Equity with Fraction Mortgages

A Lotus Loans and Mortgage, we are a Mortgage Brokerage that is excited to share Fraction Mortgages—an innovative product that allows homeowners to access their home equity without the stress of monthly payments. Unlike traditional options, Fraction offers flexible terms, no age restrictions, and no prepayment penalties and minimal income proof. This is a fantastic solution for clients with significant home equity who want to fund major life expenses like buying a second home, investing, or managing debt—all while keeping their cash flow intact. Perfect for those:

  • Who are too young for a Reverse Mortgage
  • Self-employed and writing off expenses to show less income
  • Divorce
  • High-interest rate renewal
  • Don’t want to sell in a down market
  • Funds for children’s down payment
  • Short-term disability/health issues
  • Income issues/interruption
  • Payout 1st & 2nd’s
  • Funds needed to finish reno/build

 

A perfect example would be a widow who has minimal income but is too young to qualify for a Reverse Mortgage. By taking a Fraction mortgage, the widow may stay in her family home without the burden of making payments and take her time to sell at a more suitable time. And, to top it off, when she sells, there is no mortgage penalty!

Explore how Fraction can help you today!