Splitero vs Point: A Side-by-Side Comparison for Homeowners
Last updated 10/03/2025 by
Ante MazalinEdited by
Andrew LathamSummary:
If you’re a homeowner exploring ways to access your home equity without taking out a loan, you’ve likely come across home equity investment. Two key players in this space are Splitero and Point. Both provide cash upfront in exchange for a share of your home’s future appreciation. But which option is right for you?
This guide compares Splitero and Point side by side so you can make an informed decision.
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Quick Comparison: Splitero vs Point
| Feature | Splitero | Point |
|---|---|---|
| Maximum Funding | $50,000 - $500,000 | $30,000 - $600,000 |
| Maximum Funding (%) | Up to 25% | Up to 20% |
| Term Length | Up to 30 years | 30 years |
| Origination Fees | 4.99% | N/A |
| Closing Costs (%) | N/A | 3% - 5% |
| Monthly Payments | None | None |
| Maximum LTV | 65% | 73% |
| Home Value | $200,000 - $5,000,000 | $140,000 - $4,500,000 |
| Credit Requirements | 500 | 500 |
| Use Case | Equity Cash-Out | Equity Cash-Out |
| Share of Home Appreciation | 15% - 69% | |
| States Available | 13 states | 30+ states |
| SuperMoney Rating | mostly recommended | mostly recommended |
Splitero Overview
Splitero, founded in 2021, is designed to make home equity investment more accessible, even for homeowners with lower credit scores. The company emphasizes quick funding and flexibility in eligible states.
How it works
Splitero provides lump-sum cash payments with **no monthly payments**. Homeowners repay when they sell their property or after a Up to 30-year term, whichever comes first.
Point Overview
Point is one of the most established home equity investment companies, founded in 2015. Point offers larger geographic availability and more funding options than newer competitors like Splitero.
How it works
Point provides upfront cash ranging from $30,000 - $600,000 in exchange for a share of your home’s appreciation. Repayment occurs when you sell your home or after 30 years.
Splitero vs Point: Eligibility Requirements
Eligibility differs between these two providers. Here’s how they compare:
| Requirement | Splitero | Point |
|---|---|---|
| Credit Score | 500 | 500 |
| Maximum LTV | 65% | 73% |
| Property Type | Primary, secondary, or investment | Primary residence only |
| Location | 13 states | 30+ states |
Fees and Terms
Costs and repayment structures matter. Here’s how Splitero and Point compare:
| Criteria | Splitero | Point |
|---|---|---|
| Investment Range | $50,000 - $500,000 | $30,000 - $600,000 |
| Term Length | Up to 30 years | 30 years |
| Repayment | Upon sale or end of term | Upon sale or end of term |
| Origination Fees | 4.99% | N/A |
| Closing Costs (%) | N/A | 3% - 5% |
| Monthly Payments | None | None |
Which One Is Right for You?
Choosing between Splitero and Point depends on your credit profile, property type, and location.
Splitero is best for:
- Homeowners with lower credit scores (minimum 500)
- Owners of investment or secondary properties
- Those who value a longer Up to 30-year term
- People seeking fast access to funds
Point is best for:
- Homeowners in states not served by Splitero
- Those with good credit (500)
- People seeking a reputable, established provider
- Primary residence owners looking for transparent terms
What Users Are Saying
Splitero earns a mostly recommended SuperMoney rating, with customers praising its accessibility and speed.
Point holds a mostly recommended rating, with users appreciating its professionalism and wide availability.
Check out their reviews for deeper insights:
Next Steps
Choosing between Splitero and Point depends on your credit profile, property type, and how long you plan to stay in your home. If you’re still weighing your options, the best move is to explore detailed reviews and comparisons of multiple providers. This will give you a clearer picture of which home equity agreement aligns with your financial goals, timeline, and eligibility.
Explore our shared equity resources:
Explore our shared equity resources:
- Read the main Home Equity Agreement guide
🔓 Splitero
Splitero is a flexible option for homeowners with less-than-perfect credit or those who own investment properties.
📍 Point
Point offers wider state availability and established credibility, making it a strong choice for homeowners looking for security and reputation.
Compare More Providers
Looking for additional options before making your decision? Here are more side-by-side guides to help you explore other home equity agreement providers:
- Hometap vs Splitero – See how Splitero compares with Hometap, one of the most popular shared equity providers.
- Hometap vs Point – Compare Point’s broader availability with Hometap’s shorter terms.
- Unlock vs Point – Explore how Point measures up against Unlock in funding amounts, fees, and eligibility.
- Unison vs Hometap – See which of these well-established providers best fits your home equity goals.
- Splitero vs Unlock – Compare Splitero’s flexible credit requirements with Unlock’s competitive investment terms.
Key Takeaways
- Splitero accepts lower credit scores, while Point typically requires stronger credit.
- Splitero supports secondary and investment properties; Point focuses on primary residences.
- Point is available in 30+ states, compared to Splitero’s 13.
- Neither option requires monthly payments—repayment happens upon sale or end of term.
- SuperMoney users highlight Splitero’s speed and accessibility, and Point’s reliability and reach.
FAQ
How do Splitero and Point differ in repayment terms?
Both require repayment upon home sale or at the end of the contract. Splitero typically offers a Up to 30-year term, while Point’s term is 30 years.
Can I use Splitero or Point if I have low credit?
Yes, but Splitero is more flexible, with minimum credit scores as low as 500. Point generally looks for higher credit scores.
Do either Splitero or Point allow investment properties?
Yes. Splitero accepts primary, secondary, and investment homes. Point typically limits agreements to primary residences.
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