Published terms, read October 24, 2026
Kiavi vs Angel Oak Mortgage Solutions: published loan terms side by side
DSCR floor: Kiavi 0.80x, Angel Oak no minimum. On a $2,000 monthly payment (principal, interest, taxes, insurance and HOA), Kiavi needs at least $1,600 of rent; Angel Oak sets no floor. Below is everything else each one publishes on its own website, term by term.
The two lenders
Kiavi
Investor-only lender based in Pittsburgh, operating since 2013 (formerly LendingHome). Figure Technology Solutions completed its acquisition of Kiavi on September 1, 2026; Figure's 8-K says Kiavi, Inc. survived the merger as a wholly owned Figure subsidiary.
Angel Oak Mortgage Solutions
Non-QM mortgage lender. Its DSCR program page is written for mortgage originators and says business-purpose loans are offered through approved clients, so most investors reach it through a broker or loan officer.
The differences that change a deal
- Foreign nationals: Angel Oak: a separate foreign national DSCR program: $100,000 to $1,500,000, 1.00x DSCR, borrower must live outside the US, US LLC allowed. Kiavi: not eligible. Borrowers must be US citizens or permanent residents.
- Credit on rentals: Kiavi publishes a 660 minimum, Angel Oak 680. At Angel Oak, 85% LTV needs a 720+ score; 75% at 680.
- Leverage on a rental purchase: up to 80% at Kiavi, 85% at Angel Oak, which is 5 points of down payment on the same house.
- Kiavi publishes terms for fix and flip loans; Angel Oak publishes no terms of its own for them.
- Kiavi publishes terms for ground-up construction loans; Angel Oak publishes no terms of its own for them.
- How you reach them: Angel Oak offers its investor loans through brokers and loan officers; Kiavi takes applications from investors directly.
- Largest DSCR loan: $2 million at Kiavi, $3 million at Angel Oak.
- Borrowing entity: Kiavi: business entity required in every state it lends in. Angel Oak: optional: title can vest in an LLC, S corp, C corp or revocable trust.
DSCR rental loans
| Term | Kiavi | Angel Oak Mortgage Solutions |
|---|---|---|
| Loan amount | $100,000 to $2,000,000 | $100,000 to $3,000,000 |
| Max LTV (purchase) | Up to 80% LTV | Up to 85% LTV with 720+ (75% at 680) |
| Min FICO | 660 direct; 680 through a broker | 680 |
| Min DSCR | 0.80x | Below 1.00x and no-ratio options |
| Experience | Not required | First-time homebuyers not eligible |
| Property types | Single family, PUDs, 2-4 units, condos | Includes non-warrantable condos and condotels |
Kiavi also publishes fix and flip loans; Angel Oak Mortgage Solutions does not. Kiavi also publishes ground-up construction loans; Angel Oak Mortgage Solutions does not.
States and borrower rules
| Lender | Where it lends | Borrowing entity | Foreign nationals |
|---|---|---|---|
| Kiavi | 49 states and Washington, DC. Utah is not on the published list. [src] | Business entity required in every state it lends in. [src] | Not eligible. Borrowers must be US citizens or permanent residents. [src] |
| Angel Oak Mortgage Solutions | Not published as a list. | Optional: title can vest in an LLC, S corp, C corp or revocable trust. [src] | A separate foreign national DSCR program: $100,000 to $1,500,000, 1.00x DSCR, borrower must live outside the US, US LLC allowed. [src] |
For reference: our programs next to both
Doors Funded programs are arranged by Janover Capital LLC, which is paid when they close. They are shown separately so the comparison above stays between the two lenders.
| Lender | Loan amount | Max LTV (purchase) | Min FICO | Min DSCR | Experience | Source |
|---|---|---|---|---|---|---|
| Doors FundedOur programs, arranged by Janover Capital LLC, which is paid when they close | $75,000 to $2,000,000 | Up to 80% LTV (75% cash-out) | 660 | 1.05x | Not required | terms |
| Kiavi | $100,000 to $2,000,000 | Up to 80% LTV | 660 direct; 680 through a broker | 0.80x | Not required | [1][2] |
| Angel Oak Mortgage Solutions | $100,000 to $3,000,000 | Up to 85% LTV with 720+ (75% at 680) | 680 | Below 1.00x and no-ratio options | First-time homebuyers not eligible | [1] |
If neither fits
Sources
- Kiavi: DSCR loans. Read October 24, 2026.
- Kiavi: fix-and-flip loans. Read October 24, 2026.
- Kiavi: new construction loans. Read October 24, 2026.
- Kiavi: states Kiavi lends in. Read October 24, 2026.
- Kiavi: company and product summary (llms.txt, published by Kiavi). Read October 24, 2026.
- Kiavi: FAQs. Read October 24, 2026.
- Figure: 'Figure Completes Acquisition of Kiavi' (GlobeNewswire, Sept. 1, 2026). Read October 24, 2026.
- SEC EDGAR: Figure Technology Solutions Form 8-K, Item 2.01, filed Sept. 1, 2026. Read October 24, 2026.
- Kiavi: bridge loans. Read October 24, 2026.
- Angel Oak Mortgage Solutions: DSCR (investor cash flow) program. Read October 24, 2026.
- Angel Oak Mortgage Solutions: foreign national program. Read October 24, 2026.
Have a deal in hand?
Send the numbers. We check them against our programs and tell you plainly whether the deal fits.