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Splitero provides Home Equity Investments (HEI) that give homeowners a lump-sum cash amount in exchange for a share of the home's future appreciation, so there are no monthly payments or interest and no income or employment checks (minimum credit score ~500). A third-party appraisal determines value, and homeowners must retain minimum equity; settlement occurs when the home is sold, refinanced, or Splitero buys back its stake, with terms up to 30 years under “Maturity Match.” The company finances these investments through large facilities and securitizations and has launched Splitero Homes to assist its clients with selling. Its goal is to unlock liquidity for asset-rich homeowners who can’t access traditional credit while sharing in future appreciation instead of taking on debt.
Industries
Fintech
Financial Services
Real Estate
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$613.5M
Headquarters
San Diego, California
Founded
2021
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Total Funding
$613.5M
Above
Industry Average
Funded Over
4 Rounds
Remote Work Options
Unlimited Paid Time Off
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Health Insurance
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Splitero expands home equity offering to four new states. Splitero, a financial technology company that aims to help homeowners access their home equity without taking on additional debt, has expanded to Idaho, Missouri, Montana and Wyoming. "Our latest expansion allows us to help more homeowners access the equity in their homes to better their lives without the burden of additional monthly payments," said Michael Gifford, CEO and co-founder of Splitero. "Most homeowners are equity-rich with low-interest-rate mortgages that they do not want to give up. "We are helping homeowners use their equity to renovate their homes, prepare for retirement, start a business, cover medical bills and kids' college expenses, but most of all, to relieve the stress of compiling monthly debt payments." Homeowners across the country hold $35 trillion in home equity, with many locked into low mortgage rates or battling strict income requirements for new financing, the company said. Splitero offers its Maturity Match option, which leaders said aligns the home equity investment term with the homeowner's mortgage timeline. Homeowners can repurchase their home equity investment option through a home sale, refinance or cash settlement without penalty, according to the company. Splitero now operates in Arizona, California, Florida, Idaho, Missouri, Montana, Nevada, New Jersey, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Utah, Virginia, Washington and Wyoming. The company's expansion comes at a time when regulators and law firms are ramping up scrutiny of HEI frameworks across the country. A new Senate bill, the Home Equity Lending Integrity Act, would amend the Truth in Lending Act to explicitly classify home equity investments as residential mortgages, subjecting them to federal consumer protections, disclosure requirements and Consumer Financial Protection Bureau oversight. This article was written by Jonathan Delozier and generated with the assistance of HousingWire Automation. It was reviewed by a HousingWire editor before publication.
Splitero expands home equity investment offering to four new states. by Jonathan Delozier, HousingWire Automation august 10, 2026 01:54 PM. Splitero, a financial technology company that aims to help homeowners access their home equity without taking on additional debt, has expanded to Idaho, Missouri, Montana and Wyoming. "Our latest expansion allows us to help more homeowners access the equity in their homes to better their lives without the burden of additional monthly payments," said Michael Gifford, CEO and co-founder of Splitero. "Most homeowners are equity-rich with low-interest-rate mortgages that they do not want to give up. "We are helping homeowners use their equity to renovate their homes, prepare for retirement, start a business, cover medical bills and kids' college expenses, but most of all, to relieve the stress of compiling monthly debt payments." Homeowners across the country hold $35 trillion in home equity, with many locked into low mortgage rates or battling strict income requirements for new financing, the company said. Splitero offers its Maturity Match option, which leaders said aligns the home equity investment term with the homeowner's mortgage timeline. Homeowners can repurchase their home equity investment option through a home sale, refinance or cash settlement without penalty, according to the company. Splitero now operates in Arizona, California, Florida, Idaho, Missouri, Montana, Nevada, New Jersey, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Utah, Virginia, Washington and Wyoming. The company's expansion comes at a time when regulators and law firms are ramping up scrutiny of HEI frameworks across the country. A new Senate bill, the Home Equity Lending Integrity Act, would amend the Truth in Lending Act to explicitly classify home equity investments as residential mortgages, subjecting them to federal consumer protections, disclosure requirements and Consumer Financial Protection Bureau oversight. This article was written by Jonathan Delozier and generated with the assistance of HousingWire Automation. It was reviewed by a HousingWire editor before publication. 26 Aug, 10
Splitero, a fintech company offering home equity investments, has closed a $296 million rated securitisation. Splitero Trust 2026-1 issued $202.6 million in senior class A-1 bonds, $56.8 million in mezzanine A-2 securities, and subordinate tranches totalling $36.4 million, all rated by Morningstar DBRS. The Class A-1 senior bonds achieved the tightest spreads for public-rated home equity investment securitisations. Barclays served as structuring agent, with Barclays and Nomura as joint bookrunners. Splitero provides homeowners with upfront cash in exchange for a share of their home's future value, requiring no monthly payments or income requirements. The company's Maturity Match structure aligns investment terms with homeowners' existing mortgage timelines. Splitero operates across 14 US states.
Splitero, Inc. joins the association and its Board of Directors to elevate homeowner education around flexible home equity options. MANASSAS, Va. (Apr. 9, 2026) - The Coalition for Home Equity Partnership (CHEP), a national non-profit association representing a collective of financial services companies that offer innovative, flexible ways to tap home equity, often referred to as shared equity products (SEPs), is pleased to announce the addition of Splitero, Inc. as its newest Executive Board Member. As part of the company's commitment to and engagement in the association, Splitero's general counsel, John Pingel, will officially join the CHEP Board of Directors alongside leaders from Hometap Equity Partners, LLC, Point Digital Finance, Inc. and Unlock Technologies, Inc., the association's three founding members. Splitero is a leading originator of SEPs. Splitero's product is a home equity investment (HEI) in which a homeowner receives a lump sum payment in exchange for a set percentage of their home's future value, subject to a safety cap to prevent outsized short-term returns. "At Splitero, we believe homeowners should be able to access the equity they've built in their homes without being blocked by restrictive income and credit score qualifications," said Michael Gifford, CEO of Splitero. "Our mission is to ease homeowners' access to their equity with fewer barriers and no additional monthly payments. A more inclusive financial system empowers homeowners to relieve their financial stress, whether paying off debt or funding a renovation. We're excited to join the Coalition for Home Equity Partnership to expand consumer education around shared equity products, support thoughtful regulation, and work with industry leaders to make these solutions more accessible for homeowners." The growth of CHEP mirrors the growth of the SEP industry, which aims to serve a growing subset of homeowners who either cannot get a mortgage loan, or who choose not to make a monthly payment, but want to take advantage of the wealth stored in their homes. With 35% of all equity-extraction mortgage loan applications denied in 2024, according to a recent study from the Urban Institute, SEPs are an essential alternative for homeowners who may have no other viable way to access their home equity to achieve important objectives such as paying off debt, completing home renovations, financing their children's education, starting a small business or covering medical expenses. "The shared equity product industry is growing as homeowners across the country look for ways to tap into wealth accumulated in their homes to address myriad financial concerns. We are thrilled to have Splitero, a leading originator, joining the Coalition for Home Equity Partnership's leadership team as we continue to pursue the important mission of protecting and promoting SEPs," said Cliff Andrews, president of CHEP. CHEP continues to champion best practices for consumer protection, collaborating with policymakers at both the state and federal levels to implement appropriate regulations while ensuring homeowners maintain access to these financial tools. As part of these efforts, the association is aiming to release its recommended model disclosures and industry standards later this spring. Visit homeequitypartnership.org for more information about the association and the role SEPs play in helping homeowners. ABOUT The Coalition for Home Equity Partnership. The Coalition for Home Equity Partnership (CHEP) is a collective of financial services companies that offer flexible ways to tap home equity. The association is dedicated to the protection and promotion of the shared equity product industry with a focus on education, advocacy and marketplace innovation that improves homeowners' financial lives. For more information, visit homeequitypartnership.org. ABOUT SPLITERO Splitero is a financial technology company that provides homeowners with better options to access their home equity with no monthly payments. Founded by real estate veterans, Splitero turns home equity into cash in exchange for a share of the home's future value. The home equity investment (HEI) company requires no income requirements to apply, and homeowners keep their homes and existing mortgage rates. Splitero's innovative Maturity Match(TM) aligns the HEI term length with the homeowner's remaining primary mortgage timeline. Splitero can help homeowners in Arizona, California, Colorado, Florida, Nevada, New Jersey, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Utah, Virginia, and Washington access their equity with no additional monthly payments. For more information, visit www.splitero.com. By Splitero Team · April 13, 2026
Splitero and the Los Angeles Chargers announce partnership to empower homeowners. By Splitero Team and Los Angeles Chargers - October 14, 2025 Splitero named an Official Home Equity Partner of the Los Angeles Chargers, bringing financial education and equity access to fans and Southern California homeowners. SAN DIEGO, CA (October 14, 2025) - Splitero, the financial technology company that provides homeowners better options to access their home equity, today announced a multi-year partnership with the Los Angeles Chargers. This partnership marks a major step in Splitero's mission to support financial wellness through innovative home equity solutions. With this partnership, Splitero becomes an Official Home Equity Partner of the Los Angeles Chargers opening the Chargers Content House Built by Splitero at The Bolt, the team's state-of-the-art training facility and headquarters. In addition, Splitero will also launch a comprehensive brand presence throughout SoFi Stadium - home of the Chargers - to increase awareness and education around home equity options, especially in their home state. "This partnership with the Chargers gives us an incredible opportunity to reach more homeowners who need access to their home equity. We're proud to stand alongside an iconic team that shares our commitment to empowering local communities," said Michael Gifford, CEO and co-founder of Splitero. "Our home is Southern California, and we know how important it is to help families have the tools they need to better their lives." Southern California remains one of the most equity-rich housing markets in the country, but many homeowners are unaware of their options to access that equity without taking on additional monthly payments. According to data from the ICE Mortgage Monitor August 2025 report, homeowners entered Q3 2025 with a staggering $11.6 trillion in accessible home equity, a powerful tool that many don't realize they can use to help deal with rising financial pressures. Through this partnership, Splitero is proud to sponsor and contribute to the Chargers Content House, enabling original content, including: * Chargers Weekly Podcast Presented by Splitero - An ongoing podcast with guest appearances from players, coaches, and executives about what to expect from the team, recorded in the Chargers Content House Built by Splitero, hosted by Bolts radio play-by-play announcer Matt "Money" Smith and KCAL sports anchor and reporter Chris Hayre. * The Breakdown - An in-depth look into the strategy behind the Chargers best moments on the field, hosted by Chargers YouTube Contributor Brett Kollman. * A custom content series, geared at highlighting the stories, personalities, and equity of players and fans alike "We're excited to welcome Splitero to the family as an Official Home Equity Partner of the Los Angeles Chargers," said Corey Norkin, Chargers Chief Partnership Officer. "Through the launch of the Chargers Content House Built by Splitero, not only has Splitero created a new way to generate awareness for their array of innovative resources available to homeowners across Southern California, they've also helped further the Chargers' mission of creating dynamic content that connects authentically with our fans. It's a true win-win for everyone involved, both on the field and off." Fans will also be able to find Splitero branding and messaging across SoFi Stadium on LED ribbon boards, endzone LED boards, wing ads, replay wipes, digital signage pylons as they enter the stadium, and entry kiosks. Splitero will also appear on the videoboard as a sponsor for "In the House," a celebrity spotlight feature, and the Bolts pregame segment "Keys to the Game." For a chance to see Splitero's partnership with the Chargers in action at SoFi Stadium, visit Chargers.com/Tickets. To learn more about Splitero and to get your free cash estimate, visit splitero.com/chargers. Splitero is a financial technology company that provides homeowners better options to access their home equity with no monthly payments. Founded by real estate veterans, Splitero provides a lump sum of cash in exchange for a share of the home's future value. Splitero can help homeowners in Arizona, California, Colorado, Florida, Nevada, New Jersey, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Utah, Virginia, and Washington access their equity with no additional monthly payments. For more information, visit www.splitero.com. Now in their 66th season in Southern California, the Chargers continue to stretch the imagination and put on the most exciting show in football. But don't let the idyllic West Coast setting and iconic powder blue uniforms - widely regarded as the NFL's best - fool you. Behind the dramatic games, unforgettable highlights, beloved players and groundbreaking performances lies an uncompromising drive for success; one rooted in toughness, resilience and good old-fashioned hard work. Established in Los Angeles in 1960 as a charter member of the American Football League, the team played in San Diego from 1961 to 2016 and advanced to five of the first six AFL Championship games, capturing the 1963 title. Joining the National Football League when the two leagues merged in 1970, the Chargers have since claimed an additional 10 division titles and appeared in Super Bowl XXIX. Owned by the Spanos family since 1984, the Chargers returned to Los Angeles in 2017, opened their multi-billion-dollar SoFi Stadium home in 2020, moved into their new quarter-billion-dollar El Segundo training facility in the heart of Los Angeles' South Bay in 2024 and continue to redefine what an NFL franchise looks like in the 21st century. Learn more at www.chargers.com and follow Splitero, Inc. on Instagram, Twitter and YouTube. By Splitero Team and Los Angeles Chargers - October 14, 2025 Want to stay in the loop on the latest here at Splitero? Well you've come to the right place. Because who doesn't like free advice and help. No spam, Splitero, Inc. promise.
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Industries
Fintech
Financial Services
Real Estate
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$613.5M
Headquarters
San Diego, California
Founded
2021
Find jobs on Simplify and start your career today