How it works - Splitero - Access your home equity. Better your life.

How we work. For you. HightlightImage

Use the funds however
you wish

No minimum credit
score to qualify

No income required

Repurchase your option whenever you want in the next 30 years

Homeowners and
Investors welcome

From application to funding

in 4 simple steps

Eligibility

Check the eligibility of your property for an investment, of up to $500,000.

Application

Complete the application on our website by answering a few questions about you, your home, and how you will use the funds.

Offer

After application approval, we will conduct a valuation of your home. Then we will coordinate to schedule a day to sign the closing documents.

Funding

After signing the closing documents, you will receive closing proceeds via wire transfer.

Repurchasing your option

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.

We help homeowners like you

meet their financial goals

Chantanaya B.

San Diego, CA

“I was able to pay off my debt, expand my business, and get the necessary renovations done that I needed. Now I'm able to have the grand opening that I dreamed of.”

Use of funds

Starting small business

Common questions

Are there any monthly payments with a Splitero investment?

There are no monthly payments associated with the Splitero investment!

Who owns the home after I receive my 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.

How is Splitero different from a reverse mortgage?

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.

After I receive the proceeds from the investment, are there any limitations on what I can use the proceeds for?

There are no restrictions. You may use the funds however you wish!

Can I repurchase my option from Splitero through the sale of my home?

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.

Are there any early repurchase penalties/fees?

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.