Kiavi for North Dakota 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.
North Dakota context
North Dakota steady DSCR. Oil/gas economy volatile.
How Kiavi positions in North Dakota
For North Dakota specifically, Kiavi fits investors who match the hard money approach. The medium cash flow profile of North Dakota aggregate makes it workable for Kiavi.
City-level coverage in North Dakota
Kiavi provides DSCR coverage across North Dakota metros including Fargo, Bismarck, and North Dakota. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Kiavi program terms apply uniformly across North Dakota 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 |
| North Dakota property tax | 1% |
| North Dakota state income tax | 2.9% |
Kiavi strengths in North Dakota
- 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 North Dakota. Kiavi is based in San Francisco, CA and operates nationally.
Fargo is the top investor market in North Dakota and falls within Kiavi national coverage. Fargo property tax follows the North Dakota state rate of 1 percent. Kiavi typically underwrites Fargo acquisitions at standard rate sheets.
Yes. Bismarck ranks among the larger North Dakota investor metros and sees consistent DSCR loan volume from Kiavi. Submarket variation within Bismarck matters for property selection.
Kiavi applies the same rate sheet across North Dakota metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Fargo, Bismarck, and North Dakota all qualify for the same Kiavi program.
Kiavi indicative DSCR rate range is 5.875 to 12 percent with 1 to 3 points.
North Dakota steady DSCR. Oil/gas economy volatile. Kiavi follows standard business-purpose loan structures.
Kiavi funds fix-and-flip, BRRRR, rental, bridge, new-construction in North Dakota.
North Dakota allows standard DSCR prepay structures; Kiavi typically uses 3-5 year step down.
Kiavi typical close: 7-14 days typical.
Bottom line
Kiavi in North Dakota works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Kiavi.