Kiavi

Kiavi is a lender for residential real estate investors that uses property data and an online platform rather than a traditional manual underwrite. It says it has operated since 2013 and has funded more than $27 billion in loans across over 100,000 projects, and it lends in 49 states plus Washington, D.C.

The product set covers short-term bridge and fix-and-flip loans, DSCR rental loans underwritten on cash flow rather than personal income, new construction loans for ground-up projects, and loans up to $5 million for larger deals. The platform prices a deal from the property address and assesses over 20 property factors such as square footage, location and market dynamics; borrowers submit a scope of work online, track loan status in a portal, and can request mobile draws by photographing the work.

Terms are tiered by experience. Newcomers, defined as fewer than three exits in the last two years, are quoted up to 90% loan-to-cost. The Preferred Membership, for investors with at least three exits in 24 months, offers up to 100% LTC and 80% ARV with exposure limits up to $8M and a single underwrite every 12 months. The Enterprise Program, for investors who bought 30 or more properties for at least $7 million in the past 12 months with a minimum 720 FICO, adds a dedicated account team and closings in as few as 5 days, with fix-and-flip loans from $100K to $3M and up to 100% of rehab financed.

Two structural details matter before applying. Kiavi Funding LLC, NMLS #1125207, is a subsidiary of Figure Technology Solutions, Inc., and the site states that as of 9/1/2026 all DSCR and rental loans are originated and funded by Figure Lending LLC, as are bridge loans in AZ, ID, NV, OR and SD. Rates change: the advertised DSCR starting rate at the time of crawl was 5.875%.