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 www.kiavi.com. 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.
Yes. We lend to business entities in all states we offer loans. Learn more about the States we lend in.
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.
Capital ready when you are
Kiavi offers both flexible short-term financing as well as long-term financing options designed to fit a multitude of investment strategies. Take advantage of today's low rates and experience the easier way to access funding on your next project.