Kiavi
Kiavi is an AI-powered non-bank lender providing fix-and-flip, DSCR rental, new construction, and jumbo loans to residential real estate investors across 49 states plus D.C., using ML models trained on 22+ billion data points to deliver fast asset-based underwriting and digital servicing.
- Company typePrivate
- Founded2013
- HeadquartersSan Francisco, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Kiavi does
Kiavi is an AI-powered non-bank lender specializing in residential real estate investment property loans. Founded in 2013 (originally as LendingHome, rebranded November 2021), the company is headquartered in Pittsburgh, Pennsylvania, with a San Francisco office and 500+ employees. Kiavi targets residential real estate investors across experience levels—from emerging individual investors to high-volume operators—offering fix-and-flip/bridge loans ($100K–$5M, rates as low as 7.75%), DSCR rental loans ($100K–$2M, rates as low as 6%), new construction loans ($150K–$10M, rates as low at 9%), and jumbo loans up to $10 million.
The company's technology stack centers on machine learning models trained on over 22 billion data points from 100,000+ funded projects, including a proprietary After Repair Value (ARV) model that replaces third-party appraisals, AI-powered document review with automated scope-of-work extraction, computer-vision photo verification for renovation draw requests, and a property-based underwriting engine assessing 20+ unique property factors. The platform qualifies borrowers on asset (property) characteristics rather than personal income, automates manual underwriting steps, and supports closings as fast as 5 business days. Kiavi reports a 95% successful loan exit rate versus an industry average of approximately 75%.
Kiavi generates revenue primarily through net interest income on originated loans and securitization issuance economics via its LHOME shelf, which has issued over $6.8 billion in offered notes across 24 transactions since 2019 with repeat lead arrangers including Nomura, Barclays, Deutsche Bank, and Performance Trust. Distribution combines a digital self-serve portal (app.kiavi.com) with channel partnerships (mortgage brokers, real estate agents, REIAs, PropTech firms) and dedicated enterprise sales for high-volume investors. Kiavi Funding, Inc. is licensed in 49 states plus Washington, D.C. (NMLS 1125207). In June 2026, Figure Technology Solutions announced a definitive agreement to acquire Kiavi for $717 million, with closing expected in H2 2026 and Kiavi CEO Arvind Mohan joining Figure as Chief Business Officer.
Kiavi firmographics
Firmographics- Name
- Kiavi
- Legal name
- Kiavi Funding, Inc.
- Website
- https://kiavi.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Kiavi is an AI-powered non-bank lender providing fix-and-flip, DSCR rental, new construction, and jumbo loans to residential real estate investors across 49 states plus D.C., using ML models trained on 22+ billion data points to deliver fast asset-based underwriting and digital servicing.
- Ownership category
- akta.pro rank
Kiavi industry classification
Industry- Product category
- Residential Real Estate Investment Lending
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Loan Origination Platforms (LOS) & Digital Application Journeys (FSAGAHAA)
- akta.pro secondary industry
- Loan Origination Systems (LOS) (FSALALAA)
Keywords
Where Kiavi is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Kiavi business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Loan Interest Income: Kiavi earns interest income on originated fix-and-flip, bridge, rental (DSCR), and new construction loans. The company originates loans and either holds them on balance sheet or securitizes them through its LHOME shelf, generating spread income between origination and funding costs.
- Securitization Issuance Fees: Kiavi issues asset-backed securities through its LHOME securitization shelf, creating funding capacity by selling notes to institutional investors. Total offered notes exceed $6.8 billion since inception.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Fix-and-Flip / Bridge Loans: Rates starting at 7.75%, loan amounts $100K-$5M, up to $8M total exposure per borrower |
| Transaction based/ take rate | Pay-as-you-go | DSCR Rental Loans: Rates starting at 6%, loan amounts $100K-$2M, up to 80% LTV |
| Transaction based/ take rate | Pay-as-you-go | Jumbo Loans: Up to $10 million for high-value properties |
| Transaction based/ take rate | Pay-as-you-go | New Construction Loans: Rates starting at 9%, loan amounts $150K-$10M |
Go-to-market motion4 records
Distribution channels6 records
Marketing channels9 records
Kiavi product offering
Product offeringCore offering
Kiavi is a tech-enabled non-bank lender that provides financing to residential real estate investors for fix-and-flip, bridge, rental (DSCR), new construction, and jumbo investment property loans. The company delivers these loan products through an AI-powered digital platform that uses machine learning models trained on 22+ billion data points to perform asset-based underwriting, property valuation, and automated document review.
Product overview
Kiavi is an AI-powered non-bank lending platform offering a suite of investment property loan products to residential real estate investors. The core product portfolio consists of Fix-and-Flip/Bridge Loans (short-term renovation financing), DSCR Rental Loans (long-term rental property financing), New Construction/Infill Loans (ground-up construction), and Jumbo Loans (high-value projects up to $10 million). These products are delivered through a unified digital platform that automates underwriting, valuation, and document processing using machine learning. The platform qualifies deals based on property data rather than borrower income, enabling faster closings. Kiavi also operates capital markets products through its LHOME securitization shelf for institutional investors, alongside partner programs including broker, affiliate, and refer-a-friend offerings. The company was founded in 2013 (originally as LendingHome) and rebranded to Kiavi in 2021.
Differentiator
Problem solved
Functional benefit
Products and services
- Fix-and-Flip / Bridge Loans Short-term asset-based bridge loans for investors who purchase, renovate, and resell residential properties. Loan amounts from $100,000 to $5,000,000 with up to 100% loan-to-cost (LTC) and up to 80% of after-repair value (ARV), with terms of 12, 18, and 24 months and interest charged as drawn.
- DSCR Rental Loans Long-term non-QM investment property loans qualifying on property rental income (DSCR) rather than borrower personal income. Loan amounts from $100,000 to $2,000,000, up to 80% LTV, with terms including 30-year fixed, 5/1 ARM, 7/1 ARM, and interest-only options, and DSCR minimum as low as 0.8x.
- New Construction / Infill Loans Ground-up construction loans for residential developers executing build-to-sell or build-to-rent strategies. Loan amounts from $150,000 to $10,000,000, up to 85% loan-to-total costs (LTTC) and up to 70% ARV, with terms of 12, 18, and 24 months and 3- or 6-month extension options.
- Jumbo Loans Jumbo investment property loans up to $10 million for high-value residential real estate projects, with VIP service and dedicated support for ambitious deals.
Quantifiable outcome
- 95% successful exit rate vs approximately 75% industry average
- +4 more outcomes
Companies that use Kiavi
Customer profileNamed customers7 records
Segments8 records
Ideal customer profiles5 records
Kiavi technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability10 records
Feature5 records
Kiavi partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered flagship, major and core.
- Figure Technology SolutionsflagshipFigure Technology Solutions acquiring Kiavi for $717 million in a transaction including technology transfer and joint venture with Sixth Street for balance sheet assets. Deal expected to close in H2 2026 subject to regulatory approval. Kiavi CEO Arvind Mohan will join Figure's executive team as Chief Business Officer. Transaction advances Figure's blockchain tokenization goals and first-lien diversification strategy.
- Jefferies LLCmajorServed as exclusive financial advisor to Kiavi in the $717 million acquisition by Figure Technology Solutions.
- Morningstar DBRScoreProvided credit rating for Kiavi's $350 million rated securitization of residential transition loans. Morningstar DBRS rated the transaction as part of Kiavi's LHOME securitization shelf.
- Nomura Securities InternationalcoreServed as sole structuring agent for the $350 million rated securitization. Also acted as joint bookrunner alongside Barclays, Deutsche Bank, and Performance Trust Capital Partners. Long-standing partner in Kiavi's securitization program.
- Barclays CapitalcoreJoint bookrunner on Kiavi's $350 million rated securitization. Barclays also served as exclusive financial advisor to Figure and Sixth Street on the $717 million acquisition deal.
- Deutsche BankmajorJoint bookrunner on Kiavi's $350 million rated securitization of residential transition loans.
- Performance Trust Capital PartnersmajorJoint bookrunner on Kiavi's $350 million rated securitization. Also served as sole structuring agent for Kiavi's $100 million structured repurchase agreement in 2022.
Scale indicators11 records
Recent moves11 records
Expansion highlights6 records
Kiavi competitors and assessment
Company assessmentDirect peers
- Figure Technology Solutions: Figure is a blockchain-focused fintech lender offering HELOCs and home equity products; it is also Kiavi's announced acquirer. Comparable as a tech-enabled non-bank mortgage lender targeting homeowners/investors.
- Lima One Capital: Lima One Capital is a direct lender specializing in fix-and-flip, rental, and new construction loans to residential real estate investors, closely overlapping Kiavi's core product set.
- Anchor Loans: Anchor Loans is one of the largest fix-and-flip lenders in the US, providing short-term bridge and renovation financing to residential investors; directly competes with Kiavi's core bridge/fix-and-flip product.
- CoreVest Finance: CoreVest (a Redwood Trust company) provides financing for residential real estate investors including fix-and-flip and rental portfolio loans; directly overlaps Kiavi's DSCR and bridge offerings.
- Fund That Flip: Fund That Flip is a digital lender and crowdfunding platform providing fix-and-flip financing to residential real estate investors; competes directly with Kiavi in the fix-and-flip segment.
- LendingOne: LendingOne is a private direct lender offering fix-and-flip, rental, and ground-up construction loans to residential real estate investors, overlapping Kiavi's product portfolio.
- Angel Oak Mortgage Solutions: Angel Oak Mortgage Solutions is a non-QM lender offering DSCR and investor loan programs, directly comparable to Kiavi's DSCR rental product line.
Broad incumbents
- NewRez (CoreVest's parent context): NewRez is a large non-bank mortgage lender with a wholesale and servicing platform that overlaps with non-QM and investor loan segments served by Kiavi.
Emerging players
- Groundfloor Finance: Groundfloor is a real estate investment platform with debt products for fix-and-flip borrowers; overlaps with Kiavi in the small-investor fix-and-flip segment, though at smaller scale.
- PeerStreet: PeerStreet is a marketplace lending platform that has historically provided short-term real estate loans to investors; partially overlaps Kiavi's bridge/fix-and-flip focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Kiavi social profiles
Digital presenceKiavi compliance and trust
Trust signalCompliance18 records
Kiavi financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kiavi leadership team
Management profileNumber of profiles
Profiles5 records
Kiavi subsidiaries and ownership
Company hierarchySubsidiaries2 records
Kiavi funding detail
Funding detailFunding overview
Funding rounds12 records
Investors19 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kiavi M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kiavi
What does Kiavi do?
Kiavi is a tech-enabled non-bank lender that provides financing to residential real estate investors for fix-and-flip, bridge, rental (DSCR), new construction, and jumbo investment property loans. The company delivers these loan products through an AI-powered digital platform that uses machine learning models trained on 22+ billion data points to perform asset-based underwriting, property valuation, and automated document review.
Is Kiavi a public or private company?
Kiavi is a private company. It is classified as venture growth investor backed and is currently operating.
When was Kiavi founded?
Kiavi was founded in 2013. It employs 251 to 500 people.
Where is Kiavi based?
Kiavi is headquartered in San Francisco, United States, in the North America region.
How does Kiavi make money?
Two revenue lines are on record. Loan Interest Income is the primary driver. The others are securitization Issuance Fees.
Who are Kiavi's main competitors?
Direct peers on record are Figure Technology Solutions, Lima One Capital, Anchor Loans, CoreVest Finance, Fund That Flip, LendingOne and Angel Oak Mortgage Solutions. NewRez (CoreVest's parent context) is listed as a broad incumbent. Emerging players are Groundfloor Finance and PeerStreet.
Does Kiavi have an API?
No public API is recorded for Kiavi.
What industry is Kiavi in?
Kiavi's product category is Residential Real Estate Investment Lending. Its primary akta.pro industry code is FSAGAHAA, Loan Origination Platforms (LOS) & Digital Application Journeys, with a secondary code of FSALALAA, Loan Origination Systems (LOS). Its NAICS code is 525 and its SIC code is 6162.