Civic Financial Services vs. Kiavi
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 | Civic Financial Services Verified 17 Sep 2026 | Kiavi Verified 17 Sep 2026 |
|---|---|---|
| Type | hard money | hard money |
| Headquarters | Redondo Beach, CA | San Francisco, CA |
| Founded | 2014 | 2013 |
| Geographic focus | National | National |
| Products | fix-and-flip, BRRRR, rental, bridge | fix-and-flip, BRRRR, rental, bridge, new-construction |
| Loan size range | $75,000–$2,000,000 | $100,000–$2,000,000 |
| Max LTV | 80% | 80% |
| Max LTC | 90% | 95% |
| Min credit score | 660 | 660 |
| Min DSCR | 1.05 | 0.80 |
| Terms | 12-24 months (hard money) / 30-year (rental) | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 10-21 days typical | 7-14 days typical |
| Rate range | 9.5%–12% | 5.875%–12% |
| Points | 1–3 pts | 1–3 pts |
Where they actually differ
Kiavi sets its DSCR floor at 0.80; Civic Financial Services wants 1.05. A property that clears the lower bar but not the higher one is exactly what this difference decides.
Kiavi adds new-construction. A deal that specifically needs one of those only has one side of this comparison to go to.
Loan sizing runs $75,000–$2,000,000 at Civic Financial Services and $100,000–$2,000,000 at Kiavi — a gap that mostly matters at either end of the range.
Civic Financial Services quotes a 10-21 days typical close; Kiavi quotes 7-14 days typical. On a competitive acquisition that gap can be the whole decision.
Civic Financial Services
An LLC-titled investor who can qualify at Civic's 1.05 DSCR floor and 660 credit score for the 30-year rental exit
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