Published terms, read October 24, 2026
Kiavi vs RCN Capital: published loan terms side by side
RCN publishes its limits by tier (credit score for rentals, past flips and builds for short-term loans). Kiavi publishes headline maximums and prices the rest per deal. 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.
RCN Capital
Investor lender offering fix-and-flip, bridge, rental, construction, portfolio and 5+ unit loans, with published tiers by experience and credit score.
The differences that change a deal
- A first flip: Kiavi lists no experience minimum and up to 100% of price; RCN's no-experience tier is 70% of price and 60% of ARV.
- Rentals: Kiavi's DSCR floor is 0.80x, RCN's 1.00x. RCN lends smaller (from $70,000, up to $1.5 million); Kiavi lends $100,000 to $2 million.
- Construction: Kiavi goes to $10 million; RCN to $2 million.
- States: Kiavi excludes Utah; RCN excludes Alaska, Nevada, Utah, North Dakota, South Dakota and Vermont.
DSCR rental loans
| Term | Kiavi | RCN Capital |
|---|---|---|
| Loan amount | $100,000 to $2,000,000 | $70,000 to $1,500,000 |
| Max LTV (purchase) | Up to 80% LTV | Up to 80% LTV (75% cash-out) |
| Min FICO | 660 direct; 680 through a broker | 660 |
| Min DSCR | 0.80x | 1.00x |
| Experience | Not required | Not published |
| Property types | Single family, PUDs, 2-4 units, condos | 1-4 units, condos, townhomes, PUDs |
Fix and flip loans
| Term | Kiavi | RCN Capital |
|---|---|---|
| Loan amount | $100,000 to $5,000,000 | $75,000 to $2,000,000 |
| Purchase | Up to 100% of price | Up to 95% of price (100% for the top tier) |
| Rehab | Up to 100% | Up to 100% |
| Max ARV | Up to 80% of ARV | Up to 75% of ARV |
| Min FICO | 660 direct; 680 through a broker | 650 |
| Experience | Not required | Not required; tiers by flips in the last 3 years |
| Term | 12, 18 or 24 months | 12 to 18 months |
Ground-up construction loans
| Term | Kiavi | RCN Capital |
|---|---|---|
| Loan amount | $150,000 to $10,000,000 | $100,000 to $2,000,000 |
| Max LTC | Up to 85% of total cost | Up to 90% LTC (experienced tier) |
| Max ARV | Up to 70% of ARV | Up to 75% of ARV |
| Min FICO | 660 direct; 680 through a broker | 650 |
| Experience | Not published for this product | Not required; tiers by projects built |
| Term | 12, 18 or 24 months, with 3- or 6-month extensions | 12 to 24 months |
RCN Capital also publishes rental portfolio (blanket) loans; Kiavi 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] |
| RCN Capital | Most states. Not available in Alaska, Nevada, Utah, North Dakota, South Dakota or Vermont. [src] | Loans are made to a business entity. [src] | Not published |
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] |
| RCN Capital | $70,000 to $1,500,000 | Up to 80% LTV (75% cash-out) | 660 | 1.00x | Not published | [1][2] |
| Lender | Loan amount | Purchase | Rehab | Max ARV | Min FICO | Experience | Term | Source |
|---|---|---|---|---|---|---|---|---|
| Doors FundedOur programs, arranged by Janover Capital LLC, which is paid when they close | $50,000 to $3,000,000 | Up to 90% of price | Up to 100% | Up to 75% of ARV | Quoted per loan | None required | 12 months; 18 months case by case | terms |
| Kiavi | $100,000 to $5,000,000 | Up to 100% of price | Up to 100% | Up to 80% of ARV | 660 direct; 680 through a broker | Not required | 12, 18 or 24 months | [1][2][3] |
| RCN Capital | $75,000 to $2,000,000 | Up to 95% of price (100% for the top tier) | Up to 100% | Up to 75% of ARV | 650 | Not required; tiers by flips in the last 3 years | 12 to 18 months | [1][2] |
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.
- RCN Capital: loan programs. Read October 24, 2026.
- RCN Capital: FAQs. 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.