Point vs Splitero 2026: Which Home Equity Investment Fits You?

Point and Splitero both sell a home equity investment, which means you get cash now with no monthly payment and they take a share of your home’s value later. Neither one is a loan, so there’s no interest rate.

Which one to check first comes down to your state and whether you want to see the upfront cost before you apply. Splitero publishes its 4.99% origination and serves 17 states. Point quotes its processing fee in your offer and serves 29 states plus D.C.

Quick answer

Check this one first if

Your state isn’t on Splitero’s list. Point covers 15 states and D.C. that Splitero doesn’t.

AmountUp to $600,000

Credit scoreAbout 500

Upfront costQuoted in your offer

Get My Point Offer

Check this one first if

You’re in one of its 17 states and you’d rather read the origination before you apply than after.

AmountUp to $600,000

Credit scoreAbout 500

Upfront cost4.99% origination

Get My Splitero Estimate

Each button checks your state first. If the company you pick doesn’t serve it, you’ll land on another lender that does, so read the state lists below before you click.

Start with your state

This decides more than anything else on the page, so check it before you read the rest.

If your state isn’t on any of these lists, neither company serves it, and either button will send you to another lender that does. A HELOC is the other route to price. Both lists change as the companies grow.

Point vs Splitero side by side

Point serves select regions, so availability varies by county. Splitero also wants at least 25% equity and a home worth $200,000 to $5,000,000. Check Point’s requirements in your offer.

What it costs up front, in dollars

Splitero publishes its origination, so you can put dollars on it today. Here it is on three amounts.

Our arithmetic from Splitero’s stated terms, rounded to the dollar. Origination = amount times 4.99%. Left after origination = amount minus origination, before closing items.

Closing items come on top. In the $50,000 example, about $1,000 for appraisal, title, escrow and recording leaves roughly $46,500. We haven’t assumed that $1,000 stays the same on a bigger amount, so ask for the real number.

How to compare the two offers

You hand over a share of your home’s value when you settle, and the share grows if your home’s value does. Neither number is public, so ask each company for the same things in writing.

1. 1Cash you’d actually receive

   Ask for the amount you’d get after the upfront cost and the closing items.

2. 2The share and the starting value

   Ask for the share of your home’s value each one would take at settlement, and the starting value it’s measured from. Splitero says its starting value is typically 15 to 20 percent below your appraisal, and that it’s disclosed in your offer.

3. 3The limits

   Ask what limits that share, and what happens if your home loses value.

4. 4Year 5 and year 20

   Put the numbers side by side for a settlement in year 5 and in year 20. A 30 year term is more time for the cost to build.

A flat market makes both reasonable, but a fast-rising one makes both expensive.

Who each one fits

Point fits if your state isn’t on Splitero’s list, or if you’re one of the homeowners in the 15 states and D.C. that only Point covers. Confirm your county first.

What works

• 29 states plus D.C.

• Credit from about 500

• Up to $600,000

• No income or employment requirements

• No prepayment penalty

What to know first

• Availability varies by county

• Processing fee is quoted in your offer

• An appraisal or automated valuation is required

• A lien goes on your home

Splitero fits if you’re in one of its 17 states, you have at least 25% equity, and you’d rather read the origination before you apply than after. Your home also has to be worth $200,000 to $5,000,000.

What works

• Origination is published, 4.99%

• Credit from about 500

• No income or employment requirements

• Up to 30 years

• Homes from $200,000 to $5,000,000

What to know first

• Only 17 states

• At least 25% equity

• Term is tied to your senior mortgage, with a minimum of at least 10 years

• 4.99% plus closing costs

• A lien goes on your home

When to skip both

If you can qualify for a HELOC and carry a monthly payment, price one first. It usually costs less over the long run, and you keep all your future appreciation. Our Figure HELOC review and the best HELOC lenders are the place to start.

Skip both if you’re selling within two or three years. The upfront costs don’t have time to pay for themselves.

Get both numbers

Checking either one is free and doesn’t obligate you. Request both, then put the cash each one offers next to the share each one would take.

Your Point offerSee what Point would offer youPoint says seeing your number is a soft credit check only.Get My Point Offer

Your Splitero estimateSee what Splitero would offer youSplitero says you can see a number without a hard credit pull.Get My Splitero Estimate

More to read: the Point review, the Splitero review, is Splitero legit, Hometap vs Point and our roundup of the best home equity investment companies.