Splitero Reviews

3.7

66% would recommend to a friend

(23 total reviews)

64% positive business outlook

Splitero has an employee rating of 3.7 out of 5 stars, based on 23 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Splitero employee rating is in line with the average (within 1 standard deviation) for employers within the Real estate industry (3.8 stars).

Reviews by job title

23 reviews
1.0
15 Jan 2025
Recommend
CEO approval
Business outlook

Pros

Remote Work Employer Paid Benefits

Cons

This company is a fraud that promotes bait & switch tactics internally with it's employees and externally on it's customers. They claim to be a FinTech company when the reality is they are a Hard Money Lender preying on those with nowhere else to go. Underwriting guidelines will change on a whim depending how far from goal the company is on a monthly basis. The leadership team is bolstered by fancy degrees, but no relatable work experience. There is a major disconnect that has destroyed any culture they started to build. Do not believe the lies they sell during the hiring process, they will inevitably go back on their promises and hide behind the excuses of being a start up; there is no accountability for their mistakes. They continually overhire and then fire employees claiming performance related reasons when really they're trying to avoid bad press to their investors about mass layoffs. For being such a small company the CEO is never present, only attending a monthly meeting in which the leadership team pats each other on the back for their accomplishments.

1.0
25 Dec 2025
Recommend
CEO approval
Business outlook

Pros

It’s difficult to find a pro in all the cons.

Cons

Processing at this company is a textbook example of how to break a functioning operations team. It is aggressively micromanaged and run like a low-quality sales call center, with obsessive KPI tracking that prioritizes meaningless activity over actually closing loans. Processors are forced to hit daily call and email quotas regardless of whether the outreach is necessary or productive. Even top performers closing 20–25 loans per month are expected to log 800+ monthly outreaches. The conversion rate is absurd and exposes how disconnected leadership is from real mortgage operations. An enormous amount of time is wasted on performative tasks instead of moving legitimate loans forward. Processing management lacks fundamental mortgage knowledge, resulting in incorrect guidance, contradictory answers, and self-inflicted delays. This creates constant rework, borrower frustration, and unnecessary stress for employees who are actually trying to do their jobs. Leadership appears to have little to no firsthand experience in real mortgage processing. Hiring was reckless, expectations were unrealistic, and when the model predictably failed, leadership hid behind KPI metrics to justify terminations. This is a cutthroat, reactive environment where employees are treated as disposable. Experienced processors will find this place chaotic, inefficient, and exhausting. Startup status is not an excuse for this level of dysfunction. Processing is clearly not respected, not understood, and not set up for success here. Would not recommend.

Viewing 1 - 3 of 23 Reviews

Glassdoor has 23 Splitero reviews submitted anonymously by Splitero employees. Read employee reviews and ratings on Glassdoor to decide if Splitero is right for you.