Who they are

Both are national, investor-only lenders with real scale. Kiavi built its reputation on a technology-first origination platform — the pitch is speed and light documentation, with published closings as fast as 7 days and no application fees. Lima One Capital, headquartered in Greenville, SC with institutional backing from MFA Financial, runs a fuller product suite — FixNFlip, new construction, bridge, DSCR rental, and its Fix2Rent® program that plans the rental refinance at flip origination.

Published terms, side by side

Dimension	Kiavi (published)	Lima One (published)
Flip leverage	Up to 95% LTC / up to 80% ARV, with up to 100% of rehab costs	Up to 100% of the construction budget financed; leverage set per file
Speed claims	Closings as fast as 7 days; rapid repeat-borrower processing	Rehab draws deposited in as little as 4 days
First-timers	Explicitly eligible; repeat borrowers earn rate/fee discounts	Eligible; experience influences leverage and pricing
Rental exit	Bridge and rental products available for takeouts	Fix2Rent®: internal refi discounts and waived seasoning on internal refinances
DSCR floor (rental)	Program-dependent	1.0 minimum published; 1.2+ earns best rates and leverage
Extras	No application fees; entity required only in certain states	Home Depot Pro XTRA materials discount up to 20%

Sourced from each lender's own published pages as of July 2026. Published terms are ceilings and marketing figures, not what every file gets — and they change. Confirm current numbers with a live quote.

Where each shines — broker perspective, clearly labeled

Kiavi's lane

In our experience, Kiavi is strongest when the deal is a race: a clean acquisition with a tight close date, a straightforward scope, and a borrower comfortable driving an online platform. The high published LTC matters most to investors minimizing cash in the deal, and the repeat-borrower track genuinely accelerates the second and third project. The trade: a platform-driven process rewards clean files and can feel rigid when a deal has a story that needs telling.

Lima One's lane

Lima One tends to win when the flip is really a BRRRR in disguise. Fix2Rent® solves the exact problem we wrote a whole guide about — the takeout refinance — by planning it at origination, with discounted fees and waived seasoning on the internal refi. Heavier rehabs also benefit from their construction-draw machinery, and borrowers who want a named loan officer through a complicated project tend to prefer the experience. The trade: more product depth means more process than a pure speed play.

The third option nobody mentions

Sometimes neither is the right fit — the scope is too heavy for one program's appetite, the market is one a lender is currently cautious on, the borrower profile prices better elsewhere on the panel, or a sub-1.0 exit ratio changes the whole structure. That's the actual value of shopping a deal rather than picking a brand: the lender logos matter less than the credit-box match, and the match changes deal by deal. On identical files we've seen pricing flip between these two lenders based on nothing but the property's ZIP code and scope weight.

Kiavi and Lima One Capital (including Fix2Rent® and FixNFlip) are trademarks of their respective owners; neither lender sponsored, reviewed, or paid for this comparison. Facts labeled "published" are drawn from each lender's public materials as of July 2026 and may change without notice; sections labeled broker perspective are Eniji's opinion from brokerage experience. Nothing here is an offer, a guarantee of placement or terms, or a statement of any lender's confidential pricing. Eniji is compensated by the funding lender at closing on placed loans. Eniji Lending is a brand of Eniji LLC, a wholesale loan brokerage, not a direct lender. See our Lending Disclosures.