Mortgage Vaults

Mortgage vaults are the heart of MortgageFi's lending mechanism. They allow you to:

• Borrow any supported ERC20 token with as little as 2% collateral

• Lock in current token prices for long-term acquisition

• Choose loan terms from 1 to 30 years

• Make fixed repayments in USD-pegged stablecoins

To start borrowing, connect your wallet and navigate to the "Mortgage" section on the MortgageFi interface.

The cost of borrowing increases as the pool of borrowable assets becomes more utilized. The diagram below illustrates how the interest rate is linked to the pool utilization:

For a detailed understanding of the mechanics behind the vaults please see the diagram below: