Status update: Kiavi Funding LLC was acquired by Figure Technology Solutions. The acquisition closed 1 September 2026, and DSCR loans are now originated by Figure Lending LLC dba Figure. Figure has not published a timeline for combined guidelines or pricing, so the Kiavi figures on this page describe the program as it operated before the acquisition closed.
Overview
Kiavi (based in San Francisco, CA, hard money) and LendingOne (based in Boca Raton, FL, hard money) are both non-QM lenders serving real estate investors. Kiavi serves National; LendingOne serves National.
Figures for both lenders below were checked against their published materials as of 2026-09-17. Rates and terms change and are not a quote for either lender.
Kiavi vs LendingOne: attribute by attribute
| Attribute | Kiavi | LendingOne |
|---|---|---|
| Interest rate range | 5.875%–12% | 9%–12% |
| Origination points | 1–3 points | 1–3 points |
| Minimum credit score | 660 | 640 |
| Minimum DSCR | 0.80 | 0.75 |
| Max LTV | 80% | 80% |
| Max LTC | 95% | 90% |
| Minimum loan size | $100K | $85K |
| Maximum loan size | $2.0M | $2.0M |
| States covered | 49 states | Not publicly published |
| Typical close time | 7-14 days typical | 14-21 days typical |
| Founded | 2013 | 2014 |
| Headquarters | San Francisco, CA | Boca Raton, FL |
Which one fits which borrower
- LendingOne's minimum DSCR is 0.75, below Kiavi's 0.80 floor — LendingOne will consider a property that cash-flows more thinly than Kiavi's minimum allows.
- LendingOne's minimum credit score is 640, lower than Kiavi's 660 minimum — a borrower who clears LendingOne's credit box may not yet clear Kiavi's.
- Kiavi's max LTC is 95% against LendingOne's 90% — for a rehab-heavy deal, Kiavi's published figure covers a larger share of total project cost.
- LendingOne's minimum loan size is $85K, below Kiavi's $100K floor — LendingOne is the fit for a smaller deal that would fall under Kiavi's minimum.
- Kiavi publishes coverage in 49 states; LendingOne does not publish a state count. That does not mean LendingOne covers fewer states, only that the figure is not published.
- Kiavi was founded in 2013, 1 year before LendingOne (founded 2014) — longer time in the market, not a claim about which underwrites better today.
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Kiavi vs LendingOne FAQ
Kiavi's published rate range is 5.875%–12%. LendingOne's published rate range is 9%–12%. Both ranges depend on credit, leverage, DSCR coverage and borrower experience, so where a specific deal prices inside either range varies.
Kiavi Funding LLC was acquired by Figure Technology Solutions. The acquisition closed 1 September 2026, and DSCR loans are now originated by Figure Lending LLC dba Figure. Figure has not published a timeline for combined guidelines or pricing, so the Kiavi figures on this page describe the program as it operated before the acquisition closed.
Kiavi publishes a minimum credit score of 660. LendingOne publishes a minimum credit score of 640.
Kiavi's minimum DSCR is 0.80. LendingOne's minimum DSCR is 0.75.
Kiavi's loan size runs $100K to $2.0M. LendingOne's loan size runs $85K to $2.0M.
Kiavi's typical close time is 7-14 days typical. LendingOne's typical close time is 14-21 days typical. Actual timelines depend on documentation, title work and underwriting load regardless of lender.
This comparison is an independent directory listing. DSCR Loan Program is not affiliated with Kiavi or LendingOne, receives no payment for placement, and does not rank lenders in exchange for compensation. Rates, terms, and eligibility are determined by each lender and subject to change. Always verify current pricing directly with the lender before relying on any specifics.