Check the eligibility of your property for an investment, of up to $500,000.
Complete the application on our website by answering a few questions about you, your home, and how you will use the funds.
After application approval, we will conduct a valuation of your home. Then we will coordinate to schedule a day to sign the closing documents.
After signing the closing documents, you will receive closing proceeds via wire transfer.
Repurchasing your option can occur at any time within the 30-year term. Repurchasing is typically completed via a refinance, home sale, or cash buyout.
Use of fundsStarting small business
There are no monthly payments associated with the Splitero investment!
You do! Your home remains your home. We will record the Splitero Option Purchase Agreement via a Deed of Trust. You maintain all rights and responsibilities to your home.
Most importantly, a Splitero Home Equity investment is not a loan. In addition, Splitero’s Home Equity Investment features no age requirements, no monthly interest charges, and can be junior to your 1st position mortgage.
There are no restrictions. You may use the funds however you wish!
Yes, you can repurchase your option from Splitero through the closing of your home. The sale must be an arm’s length transaction (parties acting independently and in their self-interest) at fair market value.
You can repurchase your option from Splitero at any time during the 30-year term. There is no penalty for repurchasing your option before the term is over.