Published terms, read October 24, 2026
Kiavi loan terms
Investor-only lender based in Pittsburgh, operating since 2013 (formerly LendingHome).
Ownership. 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. [1] [2]
Kiavi: DSCR rental loans
| Term | Kiavi | Doors Funded programs |
|---|---|---|
| Loan amount | $100,000 to $2,000,000 | $75,000 to $2,000,000 |
| Max LTV (purchase) | Up to 80% LTV | Up to 80% LTV (75% cash-out) |
| Min FICO | 660 direct; 680 through a broker | 660 |
| Min DSCR | 0.80x | 1.05x |
| Experience | Not required | Not required |
| Property types | Single family, PUDs, 2-4 units, condos | Single family, 2-4 units, townhomes, PUDs, warrantable condos |
Conditions: Qualifying rent is the lower of the lease and 110% of appraised market rent. 30-year fixed, 5/1 and 7/1 ARMs, interest-only options. Cash-out after 90 days of ownership or on a free-and-clear property. No prepayment penalty after year 3. [1] [2]
Kiavi: Fix and flip loans
| Term | Kiavi | Doors Funded programs |
|---|---|---|
| Loan amount | $100,000 to $5,000,000 | $50,000 to $3,000,000 |
| Purchase | Up to 100% of price | Up to 90% of price |
| 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 | Quoted per loan |
| Experience | Not required | None required |
| Term | 12, 18 or 24 months | 12 months; 18 months case by case |
Conditions: Kiavi's bridge-loan page lists $75,000 to $5,000,000, and an FAQ on that page cites up to 95% of purchase price and $100,000 to $1,000,000; the fix-and-flip page figures are shown here. In-house valuation instead of a third-party appraisal on most deals. [1] [2] [3]
Kiavi: Ground-up construction loans
| Term | Kiavi | Doors Funded programs |
|---|---|---|
| Loan amount | $150,000 to $10,000,000 | $50,000 to $3,000,000 |
| Max LTC | Up to 85% of total cost | Up to 85% of cost (90% with 3+ similar projects) |
| Max ARV | Up to 70% of ARV | Up to 70% of completed value |
| Min FICO | 660 direct; 680 through a broker | Quoted per loan |
| Experience | Not published for this product | 1-2 prior ground-up builds |
| Term | 12, 18 or 24 months, with 3- or 6-month extensions | 12 months, up to 18 (up to 24 for experienced builders) at the lender's discretion |
Conditions: Single family, 2-4 units and PUDs. Permits are not required to close but are required before the first draw. [1] [2]
Where Kiavi lends and who can borrow
| Lender | Where it lends | Borrowing entity | Foreign nationals |
|---|---|---|---|
| Doors FundedOur programs, arranged by Janover Capital LLC | 47 states and Washington, DC. Not available in North Dakota, South Dakota or Vermont. | Business entity (LLC or corporation); full recourse | DSCR: Eligible, up to 65% LTV. Fix and flip: Eligible (some countries excluded). Construction: Eligible. |
| 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] |
Who Kiavi fits, on its published terms
- A first flip. Kiavi publishes no experience minimum and lends up to 100% of the purchase price and 100% of rehab, capped at 80% of ARV.
- A rental where the rent covers the payment less than 1.00x. Kiavi publishes a 0.80x DSCR floor.
- A larger build. Its construction loans run to $10 million, and permits can come after closing (they are needed before the first draw).
Check these before you apply
- Borrowers must be US citizens or permanent residents.
- Utah is not on its published state list.
- Minimum loan is $100,000 on DSCR and flip loans, $150,000 on construction.
- Since September 1, 2026 Kiavi has been a wholly owned subsidiary of Figure Technology Solutions. On any loan, the term sheet you receive is what counts.
Where our programs differ
- DSCR floor: Kiavi publishes 0.80x; our program needs 1.05x. Kiavi counts the lower of the lease and 110% of appraised market rent; our program's rule: Leased units: the lower of the lease and market rent. Vacant units: 90% of market rent
- Flip sizing: Kiavi lends up to 100% of price and 80% of ARV from $100,000; our program lends up to 90% of price, up to 100% of rehab and up to 75% of ARV, on loans of $50,000 to $3,000,000.
- Foreign nationals: not eligible at Kiavi; eligible on our DSCR, flip and construction programs.
- Construction: Kiavi goes to $10 million at 85% of cost and 70% of ARV; our program is $50,000 to $3,000,000, up to 85% of cost (90% with 3+ similar projects) and up to 70% of completed value, and needs 1-2 prior ground-up builds.
Neither column is a quote. Every lender prices each deal, and the term sheet you get is what counts. If your deal sits near a limit in either column, send it and we will tell you which side of the line it falls on.
Head-to-heads
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.
Have a deal in hand?
Send the numbers. We check them against our programs and tell you plainly whether the deal fits.