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 Lima One Capital (based in Greenville, SC, hard money) are both non-QM lenders serving real estate investors. Kiavi serves National; Lima One Capital 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 Lima One Capital: attribute by attribute
| Attribute | Kiavi | Lima One Capital |
|---|---|---|
| Interest rate range | 5.875%–12% | 7%–12% |
| Origination points | 1–3 points | 1–3 points |
| Minimum credit score | 660 | Not publicly published |
| Minimum DSCR | 0.80 | 1.00 |
| Max LTV | 80% | 80% |
| Max LTC | 95% | 92% |
| Minimum loan size | $100K | $75K |
| Maximum loan size | $2.0M | $2.5M |
| States covered | 49 states | 46 states |
| Typical close time | 7-14 days typical | 10-21 days typical |
| Founded | 2013 | 2010 |
| Headquarters | San Francisco, CA | Greenville, SC |
Which one fits which borrower
- Kiavi's minimum DSCR is 0.80, below Lima One Capital's 1.00 floor — Kiavi will consider a property that cash-flows more thinly than Lima One Capital's minimum allows.
- Kiavi publishes a minimum credit score of 660; Lima One Capital does not publish one.
- Kiavi's max LTC is 95% against Lima One Capital's 92% — for a rehab-heavy deal, Kiavi's published figure covers a larger share of total project cost.
- Lima One Capital's minimum loan size is $75K, below Kiavi's $100K floor — Lima One Capital is the fit for a smaller deal that would fall under Kiavi's minimum.
- Lima One Capital's maximum loan size is $2.5M, above Kiavi's $2.0M ceiling — a larger transaction may need to go to Lima One Capital.
- Kiavi publishes coverage in 49 states versus Lima One Capital's 46 — confirm your specific state with either lender, since licensing changes.
- Lima One Capital was founded in 2010, 3 years before Kiavi (founded 2013) — longer time in the market, not a claim about which underwrites better today.
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Kiavi vs Lima One Capital FAQ
Kiavi's published rate range is 5.875%–12%. Lima One Capital's published rate range is 7%–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. Lima One Capital does not publish a minimum credit score.
Kiavi's minimum DSCR is 0.80. Lima One Capital's minimum DSCR is 1.00.
Kiavi's loan size runs $100K to $2.0M. Lima One Capital's loan size runs $75K to $2.5M.
Kiavi's typical close time is 7-14 days typical. Lima One Capital's typical close time is 10-21 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 Lima One Capital, 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.