Frequently asked questions | Kiavi (2024)

Frequently Asked Questions

Our goal is to keep you informed on processes, updates, and more to ensure you feel confident through every step of the financing process.

With more than $16+ billion in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). Kiavi harnesses the power of data & technology to offer REIs a simpler, more reliable, and faster way to access the capital they need to scale their businesses. Formerly known as LendingHome, Kiavi is committed to helping its customers revitalize the approximately $25 trillion worth of aged U.S. housing stock to provide move-in ready homes and rental housing for millions of Americans across the country. For more information, visit NMLS ID #1125207.

Unlike traditional conventional bank loans, a hard money loan is based on the value of the property being used as collateral, not just your financial position. While the rates are typically higher, hard money loans are attractive for real estate investors because they tend to close much faster, provide flexible terms and you can pay them off quickly to offset costs, allowing you to scale your business faster. Here are just a few additional benefits of hard money loans:

  • Access to quick capital and fast turn times
  • Flexible terms with various repayment schedules and loan durations
  • Up to 90% money financed based on the property value and your renovation budget
  • The more you work with the same lender, the more benefits you may receive such as reduced origination fee, rate, and more

Kiavi offers bridge and rental loans for purchases or refinances. A bridge loan is a short-term loan for real estate investors who prefer to finance the purchase and/or rehabilitation of their investment property rather than buying it fully in cash or taking a traditional bank loan. Real estate investors renovate these properties to either quickly sell back in the market or refinance into a rental loan.

A rental loan is for investment properties in which the real estate investor will buy and hold (and rent out to generate passive income), rather than fixing and flipping it quickly for a profit. These need to be turn-key, livable condition properties. Real estate investors use both bridge and rental loans for the BRRRR strategy to increase their portfolio and long-term cash flow.

Kiavi offers single asset bridge and rental property loans for 2-4plex, attached/detached-pud, and single-family properties. We are rapidly growing and anticipate adding more property types and portfolios soon. At the moment, we do not lend on mixed-use, commercial, mobile homes, and rural properties (zoned as agricultural/rural property with 4+ acres).

We currently offer loans in AL, AZ, AR, CA, CO, CT, FL, GA, IL, IN, KS, KY, MA, MD, MI, MN, MO, NC, NJ, NV, NY, OH, OK, OR, PA, SC, TN, TX, VA, WA, WI, and WV, as well as Washington D.C. We are continuing to add states to our portfolio. Learn more about the States we lend in.

Yes. We lend to business entities in all states we offer loans. Learn more about the States we lend in.

The first step is to apply online. If approved, you will receive your personalized rate in just a few minutes! Begin by answering a few short questions about your experience and the investment property you wish to purchase/finance, and we’ll provide customized estimated terms for you to choose the best loan option for your needs. Please note that we do not offer pre-approvals, but will provide you with a pre-qualification summary once you submit your application.

Kiavi provides competitive terms, a fast technology-powered process, and dedicated industry support. With our data and innovative financing programs, we empower you to make informed decisions, close deals faster, and realize the full potential of your real estate investment strategies.

Appraisals vary on your financing needs. We do not require appraisals on bridge loans, but we do require them for rental loans.

We pride ourselves on transparency throughout the loan process and all fees are collected at closing. We do not require an application fee and the origination fee is based on the final loan amount.

Frequently asked questions | Kiavi (2024)


What credit score do you need for Kiavi? ›

Minimum Credit Score Required: DSCR lenders like Kiavi often require a 660 FICO® Score for pre-qualification. Minimum Down Payment or Equity: Maximum loan-to-value (LTV) on rental loans varies from lender to lender but can range from 70%-80%, depending on property type, credit and DSCR.

Does Kiavi require an appraisal? ›

We do not require appraisals on bridge loans, but we do require them for rental loans.

Is Kiavi a private lender? ›

Look no further than Kiavi, a well-established private lender with over a decade of experience providing financing solutions tailored to the needs of REIs. As one of the premier private money lenders in Florida, we're committed to delivering customer-oriented services, competitive rates, and flexible terms.

Which of the following is a short term source of financing for a company? ›

The main sources of short-term financing are (1) trade credit, (2) commercial bank loans, (3) commercial paper, a specific type of promissory note, and (4) secured loans.

What credit score do I need to get a $250000 loan? ›

Conventional loan | Credit score: 620

To qualify for a conventional loan, you'll need a credit score of at least 620, though some lenders may choose to approve conventional mortgage applications only for borrowers with credit scores of 680 and up.

Is it hard to get approved for Kia financing? ›

Generally, you'll need a credit score of at least 650 to qualify for Kia Finance America. However, exceptions may apply. Kia also considers other factors like your income and credit history. As is the case with other loans, the more creditworthy Kia finds you, the lower your APR will be.

Does Kiavi do hard pull? ›

The system will do a soft credit pull as part of the prequalification – unlike hard inquiries, soft inquiries will not affect your credit scores. When qualifying real estate investors for long-term financing on rental properties, Kiavi will look at FICO and leverage as qualifiers to originate the loan.

Can a loan be approved without an appraisal? ›

A no-appraisal mortgage is a home loan that doesn't require an appraisal. The majority of lenders provide no-appraisal mortgages for refinancing purposes while others may offer them for first-time loans. The threshold for no-appraisal mortgage loans is $400,000.

Do I need an appraiser for a HELOC? ›

When you apply for a HELOC, lenders typically require an appraisal to get an accurate property valuation. That's because your home's value—along with your mortgage balance and creditworthiness—determines whether you qualify for a HELOC, and if so, the amount you can borrow against your home.

What kind of company is Kiavi? ›

With more than $16B in funded loans, Kiavi is one of the nation's largest private lenders to residential real estate investors (REIs).

Who is the best private lender? ›

  • The Best Hard Money Lenders 2024.
  • HouseMax Funding.
  • Easy Street Capital.
  • Express Capital Financing.
  • RCN Capital.
  • Jet Lending.
  • Park Place Finance.
  • Kiavi.
Apr 1, 2024

Is Kiavi a public company? ›

Kiavi is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor.

What is it called when you put money into your own business? ›

Many business owners list it as equity. This means the funds are a contribution and that the business does not have to write up a business loan agreement or repay the loan. The transaction is simply an investment made in the business in return for increased equity.

What is spontaneous financing? ›

A spontaneous source of short-term credit is the type of financing arising from the business's regular daily operations such as the trade credit and payables from the operations. As the sales of a business increase, it leads to a rise in account payables due to the rise in purchases needed.

What is the simplest form of a loan? ›

Finally, pure discount loans are perhaps the simplest form of loans. In these, the borrower takes out an upfront loan and pays nothing until the end of the loan period, at which point they pay back the full principal of the loan plus a predefined amount of interest.

What size loan can I get with a 580 credit score? ›

You can borrow anywhere from a few thousand dollars to $100,000+ with a 580 credit score. The exact amount of money you will get depends on other factors besides your credit score, such as your income, your employment status, the type of loan you get, and even the lender.

What is the minimum credit score for rapid finance? ›

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Jan 2, 2024

What is the lowest credit score to borrow? ›

To qualify for a personal loan, borrowers generally need a minimum credit score of 610 to 640. However, your chances of getting a loan with a low interest rate are much higher if you have a “good” or “excellent” credit score of 670 and above.

What is the minimum credit score you will need to borrow money? ›

While lenders vary in their requirements, you're more likely to get the best loan terms if your score is in the "good" category or higher, meaning at least 670. 1 But even if you have only a "fair" score, which starts at 580, you may be able to obtain a personal loan from some lenders.

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