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Splitero timeline and terms history
Short answer
Splitero launched in 2022, raised large institutional funding in 2024, expanded to five more states in January 2025 and to 17 states on August 10, 2026. As of November 6, 2026, its published terms are a 4.99% fee, a 17.99% Safety Cap, $50,000–$600,000 and 10–30-year terms.
| Date | What changed |
|---|---|
| 2021 | Splitero founded in San Diego by Michael Gifford and David Zvaifler. |
| April 2022 | Public launch with seed funding, as reported by Inman. |
| August 12, 2022 | BBB accreditation. Splitero also raised a Series A of about $12 million after launch, as reported by HousingWire. |
| October 2024 | $300 million strategic investment from funds managed by Antarctica Capital. |
| December 2024 | $350 million capital commitment from funds managed by Blue Owl. |
| January 2025 | Expansion into five new states: Florida, Nevada, Ohio, Pennsylvania and South Carolina. |
| Before mid-2026 | Inaugural rated securitization of about $283.3 million with Blue Owl and Antarctica Capital funds. |
| May–June 2026 | Second rated securitization of about $296 million closed; New Jersey listed among markets. |
| August 10, 2026 | Idaho, Missouri, Montana and Wyoming added — 17 states in total. Colorado no longer listed. |
| November 6, 2026 | Terms verified by SpliteroLoans.com: $50,000–$600,000, 4.99% fee (min $1,500), 17.99% Safety Cap, 10–30-year terms, 500 minimum credit. |
Figures that differ between sources
- Maximum investment: some older reviews list $500,000; current third-party reviews and Splitero materials point to $600,000.
- State count: older pages say 13–14 or 17 states depending on when they were written. The August 10, 2026 announcement lists 17.
- BBB grade: reviews have reported both A and A+. Check the live BBB profile for the current grade.
How we keep this page current
We re-check Splitero's terms, press releases and state list at least monthly and log any change here with its date. See our editorial standards.
Comparing your options?
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Figures checked on November 6, 2026 against Splitero's published terms, its press releases and independent sources. Splitero can change terms at any time — confirm everything in your written offer before signing.
Frequently asked questions
When did Splitero expand to 17 states?
Has Splitero's fee changed?
Sources
- Inman — Splitero launches, raises $5.8M (Apr 2022)
- PR Newswire — Splitero announces $350M capital commitment from Blue Owl managed funds
- PR Newswire — Splitero expands into five new states (Jan 2025)
- PR Newswire — Splitero closes $296M HEI securitization (Jun 2, 2026)
- PR Newswire — Splitero now available in 4 more states (Aug 10, 2026)
- Better Business Bureau — Splitero profile
