Your brokerage deserves a product that closes the deals everyone else turns away.
Splitero transforms home equity into accessible capital through Home Equity Investments. Homeowners receive $50,000–$500,000 today while retaining full ownership and control of their property.
HEIs require no recurring payments during the investment term. Zero impact on the borrower's monthly cash flow or debt-to-income ratio — ever.
Qualification is based entirely on home equity — not employment status or income documentation. No W-2s, no tax returns, no bank statements needed.
Borrowers exit anytime within the term via sale, refinance, or cash buyout — with no early repurchase penalties. The homeowner always retains control.
No restrictions on how capital is used. Debt consolidation, home improvements, business investment, retirement — entirely the borrower's choice.
Splitero provides immediate cash in exchange for a percentage share of the home's value at exit. Unlike traditional loans, there are no monthly payments or income requirements.
"We give you cash from your equity today, and in return Splitero holds a percentage share of your home's value at exit — no payments, no interest, and you're always protected by a cap on what you'll ever owe."
Use the sliders or type exact values. The repurchase amount is always the lesser of the uncapped equity share or the 1.66%/month compounded safety cap — whichever protects the homeowner more.
Select any parameter to learn more. Splitero's terms are designed to maximize homeowner benefit while giving brokers a clear, competitive product to offer.
The equity multiple determines Splitero's share of the home's exit value. At 2.0×, a 10% investment thickness results in a 20% share of the home's value at exit. This applies to the full home value — not just the appreciation.
The homeowner is always protected. The repurchase amount is capped at 1.66% per month compounded (19.99% annualized). In the event of early payoff or significant appreciation, the homeowner will never pay more than the cap allows. The repurchase is always the lesser of the uncapped or capped amount.
Splitero invests between $50,000 and $500,000 per property, based on available equity. The minimum qualifying home value is $200,000. No income verification is required to determine the investment amount.
The Option Loan-to-Value (OLTV) is: (HEI amount + all senior liens) ÷ home value. Maximum is 75% for borrowers with FICO 580+. Reduced OLTV limits apply at lower FICO tiers — see the qualification table below.
Borrowers choose a 10, 20, or 30-year term. The term is the maximum holding period, not a minimum. The borrower can exit at any point with no prepayment penalties via sale, refinance, or cash buyout.
Investment thickness is the HEI amount as a percentage of the home's value at origination. Maximum is 25%, which at a 2.0× multiple results in a 50% share of the exit value. Most deals fall between 5–15% thickness.
| FICO Score | Max OLTV | First Lien Max | Second Lien Max |
|---|---|---|---|
| 500–539Reduced | $150,000 | $50,000 | |
| 540–579Moderate | Standard limits apply | Standard limits apply | |
| 580+Full | Standard limits apply | Standard limits apply |
A real example of the kind of client Splitero was built for — and what it means for your pipeline.
Homeowners seeking equity access face significant limitations with conventional products. Splitero fills the gap they leave behind.
| Feature | HELOC / Cash-Out Refi | Reverse Mortgage | Bridge / Credit Cards | Splitero HEIThe Better Way |
|---|---|---|---|---|
| Monthly Payments | ✗ Required | ✗ Accrues | ✗ High & recurring | ✓ None. Ever. |
| Income Verification | ✗ Required | ~ Limited | ✗ Required | ✓ Not required |
| Min. Credit Score | ✗ 620–680+ | ~ ~620 | ✗ 660+ | ✓ 500 FICO |
| DTI Impact | ✗ Adds to DTI | ✗ Reduces equity | ✗ Adds to DTI | ✓ No DTI impact |
| Rate / Cost Risk | ✗ Adjustable risk | ✗ Rising balance | ✗ Very high | ✓ Fixed share, capped |
| Owner Stays Home | ✓ Yes | ~ Until trigger | ✓ Yes | ✓ Always |
| Early Exit Penalty | ~ Sometimes | ✗ Significant | ✗ Fees apply | ✓ None |
Splitero currently holds active licenses in six states, with expansion underway across additional markets.
Broker entities must be licensed in all operating states. Contact your Account Executive for the current state approval list and expansion timeline.
From referral to funded — typically 2 to 3 weeks. Splitero's team handles all processing, underwriting, and closing coordination.
Splitero pays broker entities directly at closing — no extra underwriting work, no chasing, no delays.
| $100K investment | $2,000 – $2,500 |
| $200K investment | $4,000 – $5,000 |
| $300K investment | $6,000 – $7,500 |
| $500K investment | $10,000 – $12,500 |
Compensation is paid monthly, with funds delivered by the start of the month following origination. All compensation flows to the broker entity — individual commission distribution is not handled by Splitero.
Four simple steps to becoming an active Splitero broker partner. Most brokers submit their first deal within two weeks of signing.
Comprehensive onboarding package with all required documentation sent via your Account Executive.
Broker Services Agreement (BSA) and mutual NDA executed via DocuSign. Typically completed same day.
Each loan officer completes a brief LO questionnaire to be approved as a Splitero partner.
60-minute onboarding session scheduled at your convenience. After that, you're live.
Splitero takes a proactive and conservative approach to compliance across all operating states.
HEI products may or may not be considered a residential mortgage or consumer loan depending on the state. Classification varies across jurisdictions, requiring careful attention to state-specific regulatory requirements.
Mortgage brokers are not required to report HEI activity in regulatory reports such as the Mortgage Call Report, or during regulatory examinations, unless explicitly instructed by a Splitero Account Executive.
Splitero partnerships are executed contractually on an entity level. Broker entities must maintain company, branch, and individual MLO licenses with active NMLS status. Splitero does not partner with individual MLOs not sponsored by a licensed entity.
The BSA is executed with Splitero Funding, Inc. (NMLS 2327455). While mortgage licenses are not always required as HEI is not a residential mortgage loan in all states, Splitero maintains a proactive compliance posture by acquiring licenses ahead of expansion.
For legal or compliance questions, contact your Account Executive who will facilitate with Splitero's Legal & Compliance Team.
Let's walk through your first scenario together. Book a 30-minute call or reach out directly — we'll have you submitting deals in no time.
Splitero Funding, Inc. · NMLS 2327455 · www.splitero.com