Kiavi vs. Lima One Capital
A side-by-side on the fields both lenders publish, followed by a read on where they actually differ.
Read this before the table
Kiavi. Kiavi Funding LLC 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, so the Kiavi figures on this page describe the program as it operated before the acquisition closed.
| Criteria | Kiavi Verified 17 Sep 2026 | Lima One Capital Verified 17 Sep 2026 |
|---|---|---|
| Type | hard money | hard money |
| Headquarters | San Francisco, CA | Greenville, SC |
| Founded | 2013 | 2010 |
| Geographic focus | National | National |
| States licensed | 49 states | 46 states |
| Products | fix-and-flip, BRRRR, rental, bridge, new-construction | fix-and-flip, BRRRR, rental, new-construction, multi-family, bridge |
| Loan size range | $100,000–$2,000,000 | $75,000–$2,500,000 |
| Max LTV | 80% | 80% |
| Max LTC | 95% | 92% |
| Min DSCR | 0.80 | 1.00 |
| Terms | 12-24 months (hard money) / 30-year (rental) | 6-24 months (hard money) / 30-year (rental) |
| Typical close time | 7-14 days typical | 10-21 days typical |
| Rate range | 5.875%–12% | 7%–12% |
| Points | 1–3 pts | 1–3 pts |
Where they actually differ
Kiavi sets its DSCR floor at 0.80; Lima One Capital wants 1.00. A property that clears the lower bar but not the higher one is exactly what this difference decides.
Lima One Capital adds multi-family. A deal that specifically needs one of those only has one side of this comparison to go to.
Kiavi is licensed in 49 states; Lima One Capital in 46. Confirm the property's state is actually covered before comparing anything else.
Pricing: Kiavi quotes 5.875%–12% and 1–3 points; Lima One Capital quotes 7%–12% and 1–3 points. Where a specific file lands inside either range depends on leverage, credit and property type.
Kiavi
An investor evaluating Kiavi's 49-state rental program while Figure integrates it, who can qualify at a 0.80 DSCR floor and 660 credit score
Lima One Capital
A BRRRR or multi-family investor who wants the rehab-to-rental refinance and the long-term DSCR loan from a single lender, qualifying at a 1.00 DSCR across 46 states