Atlas Partners with Kiavi: Who is Kiavi?
Who Is Kiavi?
Kiavi uses the power of data and technology to bring lending for real estate investors into the digital age. Through Kiavi’s digital platform, real estate investors are empowered to make smarter decisions, gain access to funding faster, and scale their businesses. Founded in 2013 Kiavi, formerly known as LendingHome, has grown to become one of the largest lenders to real estate investors in the United States, offering both short and long-term financing. Kiavi is committed to helping customers revitalize approximately $25 trillion worth of aged U.S. housing stock and provide move-in-ready homes and rental housing for millions of Americans across the country.
What markets do you serve?
Kiavi lends to entities in 32+ states + DC, including: AL, AZ, AR, CA, CO, CT, FL, GA, IL, IN, KS, KY, MA, MD, MI, MN, MO, NC, NJ, NV, NY, OH, OK, OR, PA, SC, TN, TX, VA, WA, WI, and WV, as well as Washington D.C. We are continuing to add states to our portfolio. Learn more about the States we lend in.
What types of loans do you offer?
Kiavi offers long-term financing for rental properties, Real estate investors can finance a new purchase, refinance an existing property, or free up cash in their rental portfolios with a cash-out refinance to increase cash flow. A few highlights include:
- Competitive rates and low fees
- 5/1 ARM (fully amortizing), 7/1 ARM (fully amortizing), 30-year fixed and interest-only terms
- Up to 80% LTV on purchase and rate & term finance and up to 75% LTV on cash-out refinance
- No prepayment penalty after year 3
- Cash-out up to $500k after 4 months
- No personal income or employment verifications
Kiavi also provides fast and reliable bridge loans for both the purchase and rehab of investment properties. Our bridge loans allow real estate investors to free up their capital by leveraging ours and close at the speed necessary to finance a deal in today’s market. A few highlights include:
- Competitive rates and high leverage
- Loans from $100k – $1.5MM
- Up to 90% of purchase price and up to 75% of after-repair value
- 12, 18 & 24 mo terms w/ interest-only options
- No application fee, no appraisal, no income or employment verification, no asset verification
*Bridge loan rates and terms are based on a combination of factors: LTV, FICO, experience 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, AZ, AR, CA, CO, CT, FL, GA, IL, IN, KS, KY, MA, MD, MI, MN, MO, NC, NJ, NV, NY, OH, OK, OR, PA, SC, TN, TX, VA, WA, WI, and WV, as well as Washington D.C. Prepayment penalties as allowable by state.
**Rental loan rates and terms are based on a combination of factors: LTV, FICO, experience and are subject to change. Non owner-occupied rental properties only. Interest rates or charges herein are not recommended, approved, set or established by the State of Kansas. Cash-out LTV based solely off of appraised value, not cost basis. Loans available in AL, AZ, AR, CA, CO, CT, FL, GA, IL, IN, KS, KY, MA, MD, MI, MN, MO, NC, NJ, NV, NY, OH, OK, OR, PA, SC, TN, TX, VA, WA, WI, and WV, as well as Washington D.C. Prepayment penalties as allowable by state.
Who does Kiavi serve?
Kiavi exclusively works with real estate investors, both beginners with no prior investing experience and seasoned professionals who are scaling their portfolios.
How do I qualify for a Kiavi loan?
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. To qualify, Kiavi completes a soft-credit check to ensure you meet our FICO requirements and will assess your property through either an appraisal (rental loan) or valuation (bridge loan).
How do I start the process for applying for a loan?
The first step is to apply online. If approved, you will receive your personalized rate in just a few minutes! Begin by answering a few short questions about your experience and the investment property you wish to purchase/finance, and we’ll provide customized estimated terms for you to choose the best loan option for your needs. Please note that we do not offer pre-approvals, but will provide you with a pre-qualification summary once you submit your application.
Why are you collaborating with Atlas Real Estate?
We’re excited to work with Atlas Real Estate and provide your customers with innovative financing programs through our technology! We believe that our customers are at the heart of our business and we love being a part of their investing journey to revitalize aged homes across the country.
DISCLAIMER The above is provided as a convenience and for informational purposes only; it does not constitute an endorsement or an approval by Kiavi of any of the products, services or opinions of the corporation or organization or individual. The information provided does not, and is not intended to, constitute legal, tax, or investment advice. Kiavi bears no responsibility for the accuracy, legality, or content of any external content sources.
©2022 Kiavi Funding, Inc. All rights reserved. NMLS ID #1125207 – nmlsconsumeraccess.org. Equal Housing Lender. AZ Mortgage Banker License 0926504. CA Finance Lender licensed by CA Department of Financial Protection and Innovation.
