Kiavi for Nevada investors
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.
Nevada context
Nevada no state income tax. Las Vegas STR active but regulated. Nevada strong LLC privacy.
How Kiavi positions in Nevada
The Nevada lender pool for DSCR includes Kiavi among the active platforms. Nevada top metros (Las Vegas, Reno, Henderson) see meaningful Kiavi loan volume.
City-level coverage in Nevada
Kiavi provides DSCR coverage across Nevada metros including Las Vegas, Reno, and Henderson. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Kiavi program terms apply uniformly across Nevada metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge, new-construction |
| Loan size | $100K - $2.0M |
| Rates | 5.875%-12% |
| Points | 1 - 3 |
| Max LTV | 80% of ARV |
| Term lengths | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 7-14 days typical |
| Nevada property tax | 0.6% |
| Nevada state income tax | None |
Kiavi strengths in Nevada
- 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
FAQ
Yes, operates nationally including Nevada. Kiavi is based in San Francisco, CA and operates nationally.
Las Vegas is the top investor market in Nevada and falls within Kiavi national coverage. Las Vegas property tax follows the Nevada state rate of 0.6 percent. Kiavi typically underwrites Las Vegas acquisitions at standard rate sheets.
Yes. Reno ranks among the larger Nevada investor metros and sees consistent DSCR loan volume from Kiavi. Submarket variation within Reno matters for property selection.
Kiavi applies the same rate sheet across Nevada metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Las Vegas, Reno, and Henderson all qualify for the same Kiavi program.
Kiavi indicative DSCR rate range is 5.875 to 12 percent with 1 to 3 points.
Nevada no state income tax. Las Vegas STR active but regulated. Nevada strong LLC privacy. Kiavi follows standard business-purpose loan structures.
Kiavi funds fix-and-flip, BRRRR, rental, bridge, new-construction in Nevada.
Nevada allows standard DSCR prepay structures; Kiavi typically uses 3-5 year step down.
Kiavi typical close: 7-14 days typical.
Bottom line
Nevada investors considering Kiavi should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Kiavi.