Kiavi
Get the edge in a shifting market
Bridge Loan | |
| Property Types | 2-4 Units, Condo, SFR |
| Lendding Area | Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Kansas, Maryland, Minnesota, Montana, Nevada, New Jersey, New York, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Loan amount Minimum | $150,000 |
| Loan amount Maximum | $1,500,000 |
| Interest Rate Minimum | 9.25% |
| Terms | 1 year, 18 month, 2 year |
| Fees | Application |
| Lien Position | 1st |
| General Pricing or Guideline info | - 1% Lender Origination Fee (for loan amounts above $150,000; $3,500 for loan amounts between $100,000-$149,000) - Up to 90% of Purchase Price and 100% of Rehab Costs - 75% After Repair LTV - Up to $300,000 on Rehab - No Income or Asset Verification on the majority of deals - No Appraisal Required - Earn up to 3% on Origination - Earn up to 2.5% on Yield Spread (with up to 5 total points available between origination and YSP) - 680 FICO - Close in 10-15 days |
| Updated as of | 2023-05-05 |
Construction Loan | |
| Property Types | 2-4 Units, Condo, Multi Family, SFR |
| Lendding Area | Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Kansas, Maryland, Minnesota, Montana, Nevada, New Jersey, New York, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Loan amount Minimum | $150,000 |
| Loan amount Maximum | $10,000,000 |
| Interest Rate Minimum | 9.25% |
| Terms | 1 year, 18 month, 2 year |
| Fees | Application |
| Lien Position | 1st |
| Updated as of | 2023-05-05 |
Long Term Rental Loan | |
| Property Types | 2-4 Units, Condo, SFR |
| Lendding Area | Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Kansas, Maryland, Minnesota, Montana, Nevada, New Jersey, New York, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Loan amount Minimum | $75,000 |
| Loan amount Maximum | $1,500,000 |
| Interest Rate Minimum | 6.75% |
| Terms | 10 year, 20 year, 5/1 ARM, 7/1 ARM, 30 year |
| Credit Score Min | 660 |
| Interest Only or Amortized | Amortized and Interest Only Options available |
| Fees | Service |
| Cross Collateralize Blanket | Yes |
| Lien Position | 1st |
| Prepayment Penalty | 3+ years |
| General Pricing or Guideline info | FLEXIBLE TERMS We offer multiple loan terms, rates, and leverage based on your borrower's FICO. LOW-DOCUMENT PROCESSING Move quickly with no personal income verification required. NO HARD CREDIT PULL We don’t use hard credit pulls so your borrower's credit score will never be affected. STREAMLINE TECHNOLOGY AND SERVICE Access your borrower's loan details easily on our online dashboard and enjoy reliable support from our team. UTILIZE YSP Add up to 2.50% in YSP. Paid out after loan closing. 90-DAY CASH OUT PERIOD Refinance your borrower's property to take out equity in just 90 days after they acquired the property with financing. Or leverage your borrower's property immediately if owned free and clear. DISCLOSURE 1 Non owner-occupied rental properties only. 2 Does not include title insurance, escrow, or third party fees. 3 Cash-out LTV based solely off of appraised value, not cost basis. 4 Rate lock extensions not available. 5 5/1 ARM, and 7/1 ARM are 30-year adjustable-rate mortgage products. The change in interest rate is tied to a published index reflecting market conditions. We offer a fully amortized option for these products. 6 SFR and Det. PUD only. DSCR ratio and FICO score restrictions apply. 7 For properties with no lease or a lease term of less than 6 months, property income will be based on market rent. For properties with a minimum 6 month lease term, property income is the lesser of lease amount or 100% market rent. 8 As allowable by state. Loans currently available for US citizens and permanent residents. |
| Updated as of | 2023-05-05 |
Rehab Loan | |
| Property Types | 2-4 Units, Condo, SFR |
| Lendding Area | Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Kansas, Maryland, Minnesota, Montana, Nevada, New Jersey, New York, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Loan amount Minimum | $150,000 |
| Loan amount Maximum | $1,500,000 |
| Interest Rate Minimum | 9.25% |
| Terms | 1 year, 18 month, 2 year |
| Fees | Application |
| Lien Position | 1st |
| Updated as of | 2023-05-05 |
Summary of all Guidelines | |
| Loan Types | Bridge Loan, DSCR Loan, Hard Money Loan, Rental Portfolio |
| Property Types | SFR |
| Lendding Area | Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin |
| Loan amount Minimum | $75,000 |
| Loan amount Maximum | $3,000,000 |
| Interest Rate Minimum | 6.75% |
| Interest Rate Maximum | 11% |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 3 |
| Terms | 1 year, 1.5 years, 2 years, 5 years, 7 years, 30 years |
| Interest Only or Amortized | Interest Only |
| Prepayment Penalty | 3 years |
| LTV Bridge | 85 |
| LTC Construction | 90 |
| ARV Rehab & Construction | 75 |
| LTC Rehab | 100 |
| LTV Long Term Rental | 75 |
| Personal Guarantee /Recourse Required | Personal Guarantee Required / Recourse |
| Intended Occupancy | Tenant |
| Percentage of Budget Financed - Rehab | 100 |
| LTC Percentage of Budget Financed | 100 |
Kiavi uses the power of technology to offer a simpler, more reliable, and faster way for real estate investors to access financing for their next investment property.
Easy financing processes and reliable capital for real estate investors:
Waiting on slow and time-consuming funding is a thing of the past. Our technology platform puts the power directly into real estate investors’ hands. Apply for hard money loans, get visibility into the process, and receive funding more quickly. We make applying for financing for your investment properties easy.
Kiavi is located in San Francisco, CA. They offer financing for Bridge Loans, Hard Money Loans, DSCR Loans and Rental Portfolio. The property type they primarily lend against is SFR. Their minimum loan amount is $75,000. Their maximum loan amount is $3,000,000. They offer loans for a minimum Term of 1 year. Maximum duration of 1 year;1.5 years;2 years;5 years;7 years;30 years. Although rates can change they are typically lending at a minimum rate of 6.75%. Maximum interest rate of 11%. Points charged are deal specific, but historically have charged a minimum of 1. Maximum points charged are 3.
These descriptions are limited information and meant for general reference purposes. 575 Market Street, Suite 1600
San Francisco,
CA
94105
* Rates are based on loan terms, borrower qualifications, LTV, and property factors and are subject to change. Interest rates or charges herein are not recommended, approved, set or established by the State of Kansas. Loans available in AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, ND, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, VA, VT, WA, WI, WV, and WY as well as Washington D.C. Total project costs are defined as the sum of: Land/Structure, Soft Costs (i.e. permitting, GC, etc.), and Hard Costs (i.e. cost to “go vertical”). ** In order to receive their first draw, borrowers must have permits secured. Permits not required for closing