Iron Bridge Lending 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 | Kiavi Verified 17 Sep 2026 | |
|---|---|---|
| Type | hard money | hard money |
| Headquarters | Lake Oswego, OR | San Francisco, CA |
| Founded | 2009 | 2013 |
| Geographic focus | Western & Midwest | National |
| Products | fix-and-flip, bridge, new-construction | fix-and-flip, BRRRR, rental, bridge, new-construction |
| Loan size range | $75,000–$3,000,000 | $100,000–$2,000,000 |
| Max LTV | 75% | 80% |
| Max LTC | 85% | 95% |
| Terms | 12 months | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 7-14 days typical | 7-14 days typical |
| Rate range | 9.5%–12% | 5.875%–12% |
| Points | 1.5–3 pts | 1–3 pts |
Where they actually differ
Kiavi adds BRRRR and rental. A deal that specifically needs one of those only has one side of this comparison to go to.
Term structure differs too: Iron Bridge Lending runs 12 months; Kiavi runs 12-24 months (hard money) / 30-year (rental).
Leverage: Iron Bridge Lending tops out at 75% LTV / 85% LTC, against 80% / 95% at Kiavi. More leverage means less cash to close and a thinner equity cushion — which side of that trade matters depends on how much cash the deal has to begin with.
Iron Bridge Lending describes its footprint as "Western & Midwest"; Kiavi as "National." Neither figure is a state count, so confirm direct licensing before assuming either covers a specific property.
Iron Bridge Lending
An investor who needs short-term fix-and-flip or new-construction financing and will source the rental takeout loan separately
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