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.
Questions
Is Kiavi still originating loans under its own name?
Which has the lower DSCR floor, Kiavi or Lima One Capital?
Does one of these two write a loan product the other doesn't?
Which offers more leverage, Kiavi or Lima One Capital?
Which is licensed in more states, Kiavi or Lima One Capital?
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