Splash Financial HELOC 2026 Review
- People who want to check multiple HELOC options at once
- People who want to access as much of their home equity as possible
- People who plan to use most of their HELOC draw right away
Splash Financial considers your creditworthiness and verified income when deciding whether to approve you for a HELOC. It also reviews an appraisal or third-party property valuation, and considers the property type.
Splash does not publish a minimum required credit score for HELOCs on its website. Typically, borrowers need a credit score of at least 620 to qualify for a HELOC.
NMLS #1630038
Splash Financial offers HELOCs as well as student loans and personal loans through its marketplace of lending partners. Splash HELOCs are funded in 10 business days. You can borrow up to $500,000 using up to 90% of your home equity during the 10-year draw period and pay only interest. The repayment period, when you repay both interest and principal, is 10 to 20 years.
Applying for a HELOC with Splash Financial takes place entirely online.
- Start by prequalifying on the company’s website. This only requires a soft credit inquiry that won’t trigger a credit report inquiry or impact your credit score.
- Choose from a range of offers. If you and your home qualify, you’ll see a range of offers. Select the one you like best and apply.
- Provide required documents. Submit the required documentation, including a home appraisal if required, during verification.
- Sign your documents. You may be able to e-sign your loans documents remotely or use a mobile notary if available in your state.
- Receive your funds. If your HELOC is approved, you’ll receive your funds in as few as 10 business days.
Splash does not disclose any HELOC discounts or promotions on its website.
Splash Financial has an “excellent” rating on Trustpilot based on more than 1,700 reviews. The Consumer Financial Protection Bureau received no mortgage-related complaints about Splash in 2024.
HELOCs are the only type of home equity product Splash offers.
An initial payment made when the home is bought.
The amount of time you have to repay the mortgage.
The APR (annual percentage rate) you pay to the lender, which can be found in your loan agreement. The default displayed represents yesterdays national average APR for 30-year fixed mortgages.
