Borrow at one of the lowest rates on the market.
A hassle-free and more cost-effective way to borrowSmart money management is being able to quickly act on an opportunity using margin. With M1 Borrow, you can borrow up to 35 percent of your portfolio1 and pay back on your schedule.
No credit checks
No loan officers
You work hard for your money, so your money should work hard for you. M1 Finance lets you put your money to optimal use, so you can stay invested while you tap into your portfolio to pay for large expenses:
Fund major purchases
Put a down payment on your dream home, say yes to the perfect wedding, or finally buy that car you’ve been wanting — all while keeping your investment portfolio on track.
Refinance existing debt
Refinance existing debt to keep payments low and due dates flexible, whether it’s a mortgage, HELOC, auto loan, student debt, or personal loan.
Add leverage to your portfolio
Invest more in M1’s free platform and increase potential for higher returns.
Your emergency fund doesn't need to sit in cash - feel free to invest it. With M1 Borrow, you have access to funds when you need them.
How does M1 Borrow stack up against other lending options?
Borrow money any time at a 3.75%2 — one of the lowest interest rates on the market.
Rates were obtained on September 23, 2019 from the following websites:
What are the risks?
M1 Finance gives you unmatched flexibility with how you manage your money, but here are some things to keep in mind when taking out a loan with M1 Borrow:
The M1 Borrow base rate is variable and tracks the Federal Funds Rate. When the Federal Funds Rate goes up or down, the M1 Borrow base rate will follow.
If your portfolio value declines, your account can trigger a maintenance call and we may need to sell a portion of your portfolio to cover the loan.
If you use proceeds from an M1 Borrow loan to buy additional securities in your M1 Finance portfolio, the potential losses in your portfolio will be magnified.