SpliteroReviews of splitero.com

They just sell your phone number. Got one email from them with a decision on my application and havnt been able to use my phone since because im flooded with spam calls. Over 100 a day. I would steer clear of this horrible company.

Scam. They strung me along, assuring me I'd meet the criteria, and then changed the criteria after I applied and they pulled my credit (which is great). They clearly just sell personal data to other companies as immediately after I applied, I got at least 10 spam calls in the next two days for financing-related offers. DON'T TRUST THEM!

After the great conversation over the phone on how much equity I had and how my credit score was more than fine (mid 600s- they advertise credit scores of 500 and up can be approved), I reluctantly allowed the hard credit pull. Two days later, I was told that I did not have enough equity in my home and was denied. They also said the underwriters didn’t think it made sense with my credit score to make things happen. Another HEA company showed my equity as over $150k and they did a soft pull. Going with the other company, but it may be a better idea to be honest about the types of customers you are really looking for rather than tell them they don’t have enough equity, when that was not the case.

Horrible experience, complete waste of time and waste of a credit pull. They made it seem like a very simple, streamlined process with a minimum investment of $20k. I have at least $200k in equity currently by all models. I received a denial notice today for "not enough equity." I cannot recommend dealing with this company.

I worked with Abraham the Splitero Sales Rep. recently. I asked very specific questions to clarify whether I could qualify for their investment in my property given my unique circumstances, hoping to avoid a wasted hard Credit inquiry. He even had me wait on the line as he checked a couple things to be sure. I was assured i could qualify. After Underwriting reviewed my file I was denied based on the very issue I was concerned over...I had a Chapter 13 discharged 3 years ago...apparently each year under 7 years from discharge, they reduce the % available (in my case by 10%), but also simply because I have a basic HOA in our neighborhood (They do almost nothing) they also cut my available % by an additional 5%. I expressed my anger that I had felt mislead. Initially Abraham tried to say I didn't understand, but finally admitted he failed to tell me the limitations. Once I told him I would be writing this review, he proceeded to call me multiple times basically apologizing so I wouldn't be upset with him,,,,,then his boss waisted my time by reaching out to also apologize....I could care less if they feel sorry...its not about hurt feelings, it's about their incompetence and the training of their people to avoid these kinds of things...Thanks for the waste of time and ding on my credit Splitero.

SCAM! SCAM! SCAM! As others have mentioned, stay away from Splitero. They operate with absolutely no integrity and you will be left in limbo for weeks/months regarding the status of your file. No communication whatsoever. After 4 months, my loan file was re-assigned to both a new loan processor and new home advisor after getting the run-around for weeks. Terrible company! Best decision I could have made was moving on from this scam company.

I was never explained as to why I was denied and that is mandatory by DORA. I still have yet to hear from the “manager” Stacy Huges. This company is FULL of lies and drags their feet for months to give you an approval! DONT USE THEM!!!

DON'T DO IT. Deception no communication no clarity no delivery as agreed no good.