Overview
Kiavi Funding LLC (NMLS #1125207) 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. Kiavi (formerly LendingHome) was one of the largest hard money lenders by volume in the country, with a tech-forward platform and fast underwriting for experienced borrowers active across Chicago and all major investor markets.
Kiavi is based in San Francisco, CA and was founded in 2013. They operate nationally and offer fix-and-flip, BRRRR, rental, bridge, new-construction financing. Their loan amount range runs from $100K to $2.0M.
Key terms at a glance
| Loan type | Hard money / non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge, new-construction |
| Geographic coverage | National |
| Loan size | $100K – $2.0M |
| Interest rate range | 5.875% – 12% |
| Origination points | 1 – 3 |
| Minimum credit score | 660 |
| Minimum DSCR | 0.80 |
| Max LTV | 80% of ARV |
| Max LTC | 95% of cost |
| Term lengths | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 7-14 days typical |
Strengths
- national leader by volume
- tech-forward application
- aggressive on funded-deals-history borrowers
- broad property type coverage
Ideal borrower
Experienced investor wanting fast tech-driven origination with national reach
How Kiavi compares
As an institutional non-QM lender, Kiavi's underwriting is templated and predictable. That is fast for a borrower who fits the box and inflexible for one who does not.
Coverage is the constraint most investors hit first. Kiavi serves National, and lender licensing changes often enough that it is worth confirming your state before you get far into a file. Our state-by-state pages for Kiavi cover the rules that differ by state — prepayment penalties, entity vesting and foreclosure mechanics.
Other lenders investors compare against
- The full lender directory — every lender we track, with terms side by side
- How DSCR qualification works — the ratio every one of these lenders underwrites to
- DSCR calculator — check coverage before you apply anywhere
Kiavi FAQ
Kiavi is based in San Francisco, CA and serves National. Coverage changes as licensing changes, so confirm your state directly with the lender before relying on it.
Kiavi's indicative rate range is 5.875%–12% with 1–3 points. Pricing depends on credit, leverage, coverage ratio and experience, and moves with the market.
Kiavi's typical minimum loan is $100K, with maximum loan size up to $2.0M.
Kiavi's typical close timeline is 7-14 days typical. Fast-close depends on documentation quality, title clarity, and underwriting load.
Kiavi offers fix-and-flip, BRRRR, rental, bridge, new-construction financing. They also do DSCR rental refinance, which makes them a one-stop shop for BRRRR strategies.
Experienced investor wanting fast tech-driven origination with national reach
This review is an independent directory listing. DSCR Loan Program is not affiliated with Kiavi, receives no payment for placement, and does not rank lenders in exchange for compensation. Rates, terms, and eligibility are determined by the lender and subject to change. Always verify current pricing directly with the lender before relying on any specifics.