Fraction, a Vancouver, B.C.-based startup that gives people access to a home equity line of credit, is expanding beyond Canada and into Washington state. Fraction automates the mortgage application process and allows homeowners to convert up to 50% of their home equity into tax-free cash. It makes money off loans and fees based on a property’s value. Founded in 2018, the 35-person company is led...
Vancouver B.C. startup Fraction expands home loan platform to U.S. homeowners
Source: Pinoy Big Sister PH
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