Is Splitero legit?

• Where it operates: 17 states, from Splitero's own list.
• Published terms: Splitero publishes enough of its pricing for us to model its cost: 15.9% a year in our standard example. Every term and its source.
• CFPB complaints: 3 filed against "Splitero, Inc." (3 since 2025). The most common issue: applying for a mortgage or refinancing an existing mortgage. It answered 3 of 3 on time. Details.
• Lawsuits and enforcement: none found in our review of primary sources.

1. Look up the company's license in NMLS Consumer Access and with your state's financial regulator.
2. Read its CFPB complaints and our regulatory tracker.
3. See whether you'd qualify on Splitero's requirements.
4. Put the offer through the Splitero calculator and compare it with the alternatives.

Is Splitero legit?

Splitero is a real company that publishes its terms and the states it serves. Legit isn't the same as a good deal, though: an HEI usually costs more than a HELOC if you can get one.

Is Splitero a scam?

Nothing in the public record we reviewed suggests a scam: Splitero is a real provider with published terms. The more useful question is cost: in our standard example it costs 15.9% a year, and more if you sell early or your home grows fast.

Has Splitero been sued?

We found no lawsuit or enforcement action involving Splitero in our review of primary sources.

What do customers complain about with Splitero?

The most common issue in its 3 CFPB complaints is applying for a mortgage or refinancing an existing mortgage.