New Source for Fractional Mortgages

Mortgage financing to buy shared fractional property interests has been in very short supply over the last couple of years.

A new company Securities Based Fractional Funding has just started to provide securities based financing to luxury fractional buyers, owners and developers.

The Securities Based Fractional Financing loan enables borrowers to obtain funding at below-market rates by pledging the securities they own, under a collateralized re-purchase agreement, as collateral for the loan