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 ROC Capital (based in New York, NY, hard money) are both non-QM lenders serving real estate investors. Kiavi serves National; ROC Capital serves National.
Kiavi's figures were checked against its published materials as of 2026-09-17; the other lender's figures below are not independently dated and should be confirmed directly. Rates and terms change and are not a quote for either lender.
Kiavi vs ROC Capital: attribute by attribute
| Attribute | Kiavi | ROC Capital |
|---|---|---|
| Interest rate range | 5.875%–12% | 9.5%–12% |
| Origination points | 1–3 points | 1–3 points |
| Minimum credit score | 660 | Not publicly published |
| Minimum DSCR | 0.80 | Not publicly published |
| Max LTV | 80% | 80% |
| Max LTC | 95% | 90% |
| Minimum loan size | $100K | $75K |
| Maximum loan size | $2.0M | $5.0M |
| States covered | 49 states | Not publicly published |
| Typical close time | 7-14 days typical | 10-21 days typical |
| Founded | 2013 | 2014 |
| Headquarters | San Francisco, CA | New York, NY |
Which one fits which borrower
- Kiavi publishes a minimum DSCR of 0.80; ROC Capital does not publish a minimum DSCR figure, so its coverage floor cannot be compared directly.
- Kiavi publishes a minimum credit score of 660; ROC Capital does not publish one.
- Kiavi's max LTC is 95% against ROC Capital's 90% — for a rehab-heavy deal, Kiavi's published figure covers a larger share of total project cost.
- ROC Capital's minimum loan size is $75K, below Kiavi's $100K floor — ROC Capital is the fit for a smaller deal that would fall under Kiavi's minimum.
- ROC Capital's maximum loan size is $5.0M, above Kiavi's $2.0M ceiling — a larger transaction may need to go to ROC Capital.
- Kiavi publishes coverage in 49 states; ROC Capital does not publish a state count. That does not mean ROC Capital covers fewer states, only that the figure is not published.
- Kiavi was founded in 2013, 1 year before ROC Capital (founded 2014) — longer time in the market, not a claim about which underwrites better today.
Full profiles
- Kiavi full profile and review
- ROC Capital full profile and review
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Kiavi vs ROC Capital FAQ
Kiavi's published rate range is 5.875%–12%. ROC Capital's published rate range is 9.5%–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. ROC Capital does not publish a minimum credit score.
Kiavi's minimum DSCR is 0.80. ROC Capital does not publish a minimum DSCR.
Kiavi's loan size runs $100K to $2.0M. ROC Capital's loan size runs $75K to $5.0M.
Kiavi's typical close time is 7-14 days typical. ROC 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 ROC 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.