Published terms, read October 24, 2026

Kiavi vs New Silver: published loan terms side by side

Both publish no experience minimum on flips. Kiavi lends up to 100% of price and 80% of ARV; New Silver up to 90% of cost and 75% of ARV. Below is everything else each one publishes on its own website, term by term.

Compare with your deal All lenders compared

Kiavi

Investor-only lender based in Pittsburgh, operating since 2013 (formerly LendingHome). Figure Technology Solutions completed its acquisition of Kiavi on September 1, 2026; Figure's 8-K says Kiavi, Inc. survived the merger as a wholly owned Figure subsidiary.

New Silver

Direct private lender with online term sheets for fix-and-flip, ground-up and DSCR loans.

The differences that change a deal

Rentals: New Silver publishes a 0.75x DSCR floor and 1-8 units; Kiavi 0.80x and 1-4 units. New Silver's DSCR loans start at $150,000, Kiavi's at $100,000.
Neither lends to foreign nationals on flips: both require US citizens or residents.
Kiavi lends in 49 states and DC; New Silver lists 41 states and DC.

DSCR rental loans

From each lender's own site, read October 24, 2026. Conditions for each figure are on the lender pages.
Term	Kiavi	New Silver
Loan amount	$100,000 to $2,000,000	$150,000 to $3,000,000
Max LTV (purchase)	Up to 80% LTV	Up to 80% LTV
Min FICO	660 direct; 680 through a broker	660
Min DSCR	0.80x	0.75x
Experience	Not required	Not required
Property types	Single family, PUDs, 2-4 units, condos	1-8 units, short-term rentals allowed

Fix and flip loans

From each lender's own site, read October 24, 2026. Conditions for each figure are on the lender pages.
Term	Kiavi	New Silver
Loan amount	$100,000 to $5,000,000	$100,000 to $5,000,000
Purchase	Up to 100% of price	Up to 90% LTC
Rehab	Up to 100%	Up to 100%
Max ARV	Up to 80% of ARV	Up to 75% of ARV
Min FICO	660 direct; 680 through a broker	650
Experience	Not required	Not required
Term	12, 18 or 24 months	Up to 18 months

Ground-up construction loans

From each lender's own site, read October 24, 2026. Conditions for each figure are on the lender pages.
Term	Kiavi	New Silver
Loan amount	$150,000 to $10,000,000	$100,000 to $5,000,000
Max LTC	Up to 85% of total cost	Up to 90% LTC
Max ARV	Up to 70% of ARV	Up to 75% of ARV
Min FICO	660 direct; 680 through a broker	650
Experience	Not published for this product	Not published
Term	12, 18 or 24 months, with 3- or 6-month extensions	18 months

States and borrower rules

Lender	Where it lends	Borrowing entity	Foreign nationals
Kiavi	49 states and Washington, DC. Utah is not on the published list. [src]	Business entity required in every state it lends in. [src]	Not eligible. Borrowers must be US citizens or permanent residents. [src]
New Silver	41 states and Washington, DC (Alabama for DSCR only), per New Silver's February 2026 list. [src]	DSCR loans can be made to LLCs and corporations; whether an entity is required is not published. [src]	Fix-and-flip and ground-up loans require a US citizen or legal resident. Not published for DSCR. [src][src]

For reference: our programs next to both

Doors Funded programs are arranged by Janover Capital LLC, which is paid when they close. They are shown separately so the comparison above stays between the two lenders.

DSCR rental loans. Lender figures read October 24, 2026.
Lender	Loan amount	Max LTV (purchase)	Min FICO	Min DSCR	Experience	Source
Doors FundedOur programs, arranged by Janover Capital LLC, which is paid when they close	$75,000 to $2,000,000	Up to 80% LTV (75% cash-out)	660	1.05x	Not required	terms
Kiavi	$100,000 to $2,000,000	Up to 80% LTV	660 direct; 680 through a broker	0.80x	Not required	[1][2]
New Silver	$150,000 to $3,000,000	Up to 80% LTV	660	0.75x	Not required	[1]

Fix and flip loans. Lender figures read October 24, 2026.
Lender	Loan amount	Purchase	Rehab	Max ARV	Min FICO	Experience	Term	Source
Doors FundedOur programs, arranged by Janover Capital LLC, which is paid when they close	$50,000 to $3,000,000	Up to 90% of price	Up to 100%	Up to 75% of ARV	Quoted per loan	None required	12 months; 18 months case by case	terms
Kiavi	$100,000 to $5,000,000	Up to 100% of price	Up to 100%	Up to 80% of ARV	660 direct; 680 through a broker	Not required	12, 18 or 24 months	[1][2][3]
New Silver	$100,000 to $5,000,000	Up to 90% LTC	Up to 100%	Up to 75% of ARV	650	Not required	Up to 18 months	[1]

Compare with your deal

Sources

Kiavi: DSCR loans. Read October 24, 2026.
Kiavi: fix-and-flip loans. Read October 24, 2026.
Kiavi: new construction loans. Read October 24, 2026.
Kiavi: states Kiavi lends in. Read October 24, 2026.
Kiavi: company and product summary (llms.txt, published by Kiavi). Read October 24, 2026.
Kiavi: FAQs. Read October 24, 2026.
Figure: 'Figure Completes Acquisition of Kiavi' (GlobeNewswire, Sept. 1, 2026). Read October 24, 2026.
SEC EDGAR: Figure Technology Solutions Form 8-K, Item 2.01, filed Sept. 1, 2026. Read October 24, 2026.
Kiavi: bridge loans. Read October 24, 2026.
New Silver: DSCR loans. Read October 24, 2026.
New Silver: fix and flip loans. Read October 24, 2026.
New Silver: construction loans. Read October 24, 2026.
New Silver: company and product summary (llms.txt, last updated Feb. 6, 2026). Read October 24, 2026.