Fix and Flip Loans & Lenders 2026: Rates, Terms, Top Picks

Updated October 8, 2026 — Kiavi has a new owner, and 2025 federal loan data are in. Kiavi's own disclosures now say that Kiavi Funding LLC "is a subsidiary of Figure Technology Solutions, Inc." after the agreement of June 10, 2026 (Figure's 8-K: about $532.4 million in cash to equity holders; its September 1, 2026 closing 8-K: about $590 million net of cash acquired; Kiavi's release: a $717 million total that includes a Sixth Street joint venture buying its balance-sheet loans), which closed on September 1, 2026 (Figure's September 1, 2026 release announces “the successful completion of its previously announced acquisition of Kiavi”), so the statements below that Kiavi is privately held no longer hold; its DSCR and rental loans have been originated and funded by Figure Lending LLC since September 1, 2026. Kiavi's February 2026 securitization was its 24th under the LHOME shelf ($6.8B+ offered notes, not 23 and $6.4B+). New this week: the 2025 HMDA loan-level file (70,606 short-term investor loans, median note rate 9.99%), each lender's fix-and-flip terms as shown on its own site on October 8, 2026, Lima One's second-quarter 2026 volume from MFA's filing, and answers to the three questions investors ask most (how hard it is to get one, how much you put down, how risky it is).

Why this article exists

Most "best fix-and-flip lender" articles ranking on page 1 are produced by lenders themselves (LendingOne's own listicle ranks fourth on Google for the head term in 2026), aggregator-style content with thin sourcing, or affiliate-revenue-driven roundups that quietly omit material risks. We have no affiliate relationship with any of the lenders covered here, and we built this comparison from primary sources — SEC filings, KBRA and Morningstar DBRS securitization presale reports, BBB business profiles, S&P Global servicer evaluations, MFA Financial earnings releases (NYSE:MFA), Pretium Partners portfolio disclosures (Anchor Loans), and the lenders' own product specifications — not from the lenders' marketing teams.

We are also explicitly correcting two widespread errors that propagate across competing reviews:

1. The "Kiavi was acquired by Blackstone" framing — unverified, but Kiavi does have a new owner. On June 10, 2026, Figure Technology Solutions (Nasdaq: FIGR) announced a definitive agreement to acquire Kiavi with a joint venture between Figure and Sixth Street buying loans off Kiavi's balance sheet; Kiavi's release puts the total transaction purchase price at $717 million, while Figure's 8-K of June 10, 2026 says about $532.4 million in cash to Kiavi's equity holders and its closing 8-K of September 1, 2026 says about $590 million net of cash acquired; on September 1, 2026 Figure announced “the successful completion of its previously announced acquisition of Kiavi”. Kiavi's legal disclosures now read that Kiavi Funding LLC "is a subsidiary of Figure Technology Solutions, Inc." Neither document mentions Blackstone. Before the sale PitchBook and Crunchbase showed $806M raised across 37+ venture investors.
2. The "Lima One uses Specialized Loan Servicing as sub-servicer" framing — unverified in our primary-source review. S&P Global Ratings publishes a servicer evaluation directly on Lima One Capital LLC, indicating Lima One operates as the rated servicer. The documented weakness is Lima One's in-house servicing operation (BBB complaints, BiggerPockets borrower threads) — not a third-party sub-servicer relationship.

Where we cite a number we couldn't independently verify in primary sources, we mark it [UNVERIFIED]. We do not use marketing-deck claims as sources.

This is a lender comparison for borrowers (real estate investors). If you're researching these companies as an investor (lending money on their loans), most of these platforms have closed retail-investor channels — the funding is now institutional warehouse + securitization + private placements. Kiavi closed retail investor notes years ago; LendingOne, Roc360, and Anchor have no retail investor product.

Verdict matrix at a glance

Fix and flip loans in 2025: what lenders actually charged

The short answer: about 10%, interest-only, for 12 months. The federal HMDA file for 2025 (lenders above a size threshold report every loan; we kept conventional first-lien, 1-4 unit, investment-property loans made for a business purpose, with no debt-to-income ratio and a term of 36 months or less, the fix-and-flip and bridge type) holds 70,606 such loans totaling $34,604,950,000. Their median note rate was 9.99%, with the middle half between 8.515% and 10.95%; the median loan was $255,000, 68.1% had a 12-month term, 88.7% were interest-only and 91.8% carried a balloon payment (our arithmetic, FFIEC Data Browser, read October 8, 2026). Looking only at purchase loans (51,533 loans, $22,035,285,000) the median is the same, 9.99%, and the middle half runs 8.99% to 10.95%. HMDA does not carry points or fees on these loans, and lenders below the reporting threshold are missing, so treat the file as the reported slice of the market. The top 10 lenders made 60.0% of the loans.

The gap is the point: the rate floors above are for the best borrower and the best deal, while the loans signed in 2025 clustered around 10%. RCN Capital appears under two registrations in the file, which we combined. These are the lenders' own claims, dated October 8, 2026, not a quote for you. For a national list that goes beyond the fix-and-flip specialists, see our hard money lenders 2026 list.

Section 1 — Kiavi: the securitization machine

Founding & ownership. Kiavi (formerly LendingHome) was founded in 2013 in San Francisco by James Herbert and Matt Humphrey, and rebranded to Kiavi in 2021. Important correction (October 8, 2026): Kiavi is no longer independent. Figure Technology Solutions (Nasdaq: FIGR) announced on June 10, 2026 a definitive agreement to acquire Kiavi completed on September 1, 2026 per Figure's release of that date (price figures: about $532.4 million in cash to equity holders per Figure's June 10, 2026 8-K; about $590 million net of cash acquired per its September 1, 2026 8-K; $717 million total including a Sixth Street joint venture buying Kiavi's balance-sheet loans per Kiavi's June 10, 2026 release), and Kiavi's legal disclosures say Kiavi Funding LLC "is a subsidiary of Figure Technology Solutions, Inc." and that all DSCR and rental loans are originated and funded by Figure Lending LLC dba Figure effective 9/1/2026; bridge loans secured by property in Arizona, Idaho, Nevada, Oregon and South Dakota are also funded by Figure Lending LLC. The "Blackstone-acquired" framing remains [UNVERIFIED]: neither document names Blackstone. Before the sale, per Kiavi's PitchBook profile and Crunchbase profile, Kiavi had raised approximately $806M across 11 rounds from 37+ investors including First Round Capital, Foundation Capital, Renren, Benefit Street Partners, and Section Partners.

Origination scale. Kiavi closed a record $6.5B in 2024 (a 46% YoY increase) and grew to $7.8B in 2025 (+20% YoY). It became the first private real estate investor lender to surpass 100,000 loans funded. Its 2025 Wrapped report cites the $7.8B figure, and the federal record agrees: in the 2025 HMDA data Kiavi Funding reported 25,528 originated business-purpose investment-property loans totaling $7,786,260,000, of which 19,485 had terms of 36 months or less. In our short-term definition Kiavi made 19,477 loans, the most of any lender (27.6% of all such loans), with a median note rate of 10.45%.

Securitization — the anchor of the thesis. Kiavi's LHOME shelf is the deepest rated RTL program in the sector:

• Feb 2025: $300M (21st LHOME transaction), bringing program to $5.8B
• May 2025: $300M (22nd LHOME)
• Aug 2025: $400M (23rd LHOME), $6.4B+ cumulative
• Feb 2026: $350M, creating up to $1.2B incremental capacity; the 24th LHOME deal, bringing total offered notes to more than $6.8 billion

Most recent LHOME transactions are rated by Morningstar DBRS (not KBRA, contrary to some secondary-press characterizations). The cumulative $6.8B+ in offered notes (24 deals) makes Kiavi structurally the most "investable" RTL issuer for institutional money — which feeds back into pricing power for borrowers.

Product mechanics (2026 grid). Fix-and-flip: "Up to 100% of purchase price" and "Up to 80% of after-repair value" on its rate panel (its FAQ says up to 95% LTC), 100% of rehab; "Rates as low as 8.25%" on loans of $100K to $5MM with 12-, 18- and 24-month terms and interest-only options (page read October 8, 2026). The page also says no application fee, no income verification and closings in as few as 7 days. DSCR products advertise a DSCR “as low as 0.8x” (page read October 8, 2026), 30-yr fixed and 5/6 ARM, FICO floor 660. Pre-qual letters available 24/7 via portal; closings in as few as 7 days advertised.

Service quality. Trustpilot rating 4.6/5 across 787 reviews (October 8, 2026) — top quartile of the sector. Kiavi's BBB profile shows a BBB rating of F, with 8 complaints in three years, 3 of them not responded to (October 8, 2026). ComplaintsBoard shows a much harsher 1.0/5 (4 reviews — small, self-selected sample). The honest read: tech-savvy repeat borrowers love Kiavi; the small minority who hit problems have less recourse than at a public-parent lender.

Best-fit borrower: repeat fix-and-flippers doing 5+ deals/year who value velocity, predictable terms, and online-only workflow. Read our deeper coverage in the Kiavi review and Kiavi vs Lima One.

Section 2 — Roc360: the roll-up empire

Founding & ownership. Founded in 2014 by Arvind Raghunathan, Maksim Stavinsky, and Eric Abramovich — a trio who spun out of Deutsche Bank's quant desk in 2009 in the largest hedge-fund launch of that post-crisis year. Rebranded from Roc Capital to Roc360 in January 2020 under a holding-company structure. Temasek (Singapore sovereign wealth) committed an initial strategic investment in August 2023 and an additional $150M in January 2026, anchoring the Roc360 Real Estate Income Trust.

Acquisition history (the roll-up):

• March 2023: Acquired Finance of America Commercial (FACo) from Finance of America Companies (NYSE: FOA) for up to $30M paid over three years, contingent on performance. Combined 2022 origination of the two companies was $4.6B+.
• 2023: Acquired CIVIC Financial Services origination assets out of the collapsing PacWest Bancorp (May 2023). CIVIC had funded $9.4B+ since founding in 2014.
• Plus Haus Lending, Elmsure (insurance), Wimba (title), Tamarisk (appraisal).

Lifetime origination. Roc360 and acquired brands say they have directly funded $20B+ in business-purpose residential investment loans, or $35B+ including acquired brands (May 12, 2026 release; we previously quoted $30B+). Its CIVIC brand shows bridge rates starting as low as 8.49% on its site (read October 8, 2026); neither Roc Capital nor CIVIC appears under those names in the 2025 HMDA investor file, so there is no signed-rate record to compare.

Securitization. Inaugural residential bridge loan securitization closed October 2021. Roc Mortgage Trust 2024-RTL1 issued $237.5M in DBRS-rated notes, and on March 18, 2025 Roc360 closed a $200 million rated securitization of residential transitional loans, Roc Mortgage Trust 2025-RTL1. Roc360 Advisors structures, manages, and advises on private funds, credit facilities, and securitizations as a vertically integrated capital markets platform.

Service quality — the CIVIC drag. CIVIC Financial Services — now inside Roc360 — has 768 Trustpilot reviews and a 1.5/5 rating (read October 8, 2026), a heavily negative skew. The negative review volume and tone is documented across BiggerPockets, Yelp, and ConsumerAffairs. CIVIC is not BBB-accredited.

Best-fit borrower: institutional investors and large-scale operators who benefit from the one-stop combination of lending + insurance + title + appraisal under one roof. Read our full coverage in the Roc360 review.

Section 3 — Lima One Capital: the public-parent pick

Founding & ownership. Founded 2010 in Greenville, SC. Acquired in two stages by MFA Financial (NYSE: MFA) — initial minority stake; then on May 6, 2021 MFA agreed to acquire the remaining 57% from Magnetar Capital and Lima One management for $57.3M cash + $4.7M restricted stock units ($62M total consideration). Acquisition closed July 1, 2021 (MFA's 10-Q for June 30, 2021: “On July 1, 2021, the Company completed the previously announced acquisition”). Lima One is now a wholly-owned subsidiary of MFA, a publicly traded mortgage REIT.

Origination volume (post-MFA). From MFA's own 8-K filings and earnings releases:

• Q1 2025: $122.3M funded; max loan amount $212.8M
• Q3 2025: $148.5M funded; max loan amount $260.2M
• Q1 2026: $130.2M funded; max loan amount $219.3M
• Q2 2026: $184.7M funded; max loan amount $315.8M (MFA, August 5, 2026), with MFA's CEO saying originations at Lima One grew 44% to $316 million

MFA's quarterly figures annualize to roughly $500–600M for 2025 (Q2 2026 alone was $184.7M funded; MFA's figures may be a segment measure), while Lima One's own 2025 HMDA filing shows $912,665,000 across 2,379 business-purpose conventional loans (HMDA, read October 8, 2026) — we state both because they may not measure the same thing — a fraction of Kiavi's $7.8B but with the unique advantage of fully-public parent transparency through MFA's quarterly SEC filings.

Servicing. Lima One handles loan servicing in-house. Critical clarification: despite secondary characterizations, our research did not surface a publicly documented Specialized Loan Servicing (SLS) sub-servicing relationship for Lima One. S&P Global Ratings publishes a servicer evaluation directly on Lima One Capital LLC, indicating Lima One operates as the rated servicer. What IS documented is widespread borrower complaints (BiggerPockets, BBB) about the in-house servicing operation: misapplied interest payments, retroactive statement changes, unauthorized auto-debits, $12,960 cross-collateralization fees on payoffs, and aggressive late-payment outreach.

Product mechanics (2026 grid). Fix-and-flip "Up to 95% LTC & 75% LTV" and "Rates as low as 7.25%" on Lima One's page (read October 8, 2026), loans from $100K to $2.5M, 13-, 19- and 24-month terms, 1-4 units, 100% of the rehab budget with draws as fast as 24 hours, and the option to defer origination fees to the exit. In the 2025 HMDA data Lima One reported 1,232 short-term loans with a median note rate of 10.2%. DSCR: 1.0 minimum; 1.2+ unlocks lowest pricing. 75–80% LTV programs with interest-only options. 70% LTV cap on cash-out. Up to 70% LTV / 1.3+ DSCR / 700 FICO / 5–10–30 year options on the rate-sensitive tier. Three-month seasoning for DSCR, waived if refinancing from a Lima One bridge/F&F/construction loan.

Reputation. BBB A+ rating, accredited, 5 complaints over 8 years. Trustpilot small sample (~21 reviews) of mixed sentiment.

Best-fit borrower: investors who prioritize public-parent transparency, regulatory accountability, and S&P-rated servicing. See Kiavi vs Lima One for our deep-dive on the speed-vs-depth axis.

Section 4 — LendingOne: the quietly aggressive DSCR specialist

Founding & ownership. Founded 2014 in Boca Raton, FL as Crestar Funding by Bill Green (the Wilmar Industries / Interline Brands founder, NASDAQ:WLMR — not the Bilzin Sumberg attorney some aggregator pages claim) and CEO Matt Neisser. Rebranded to LendingOne November 16, 2015. In 2021, Bill Green sold his financial interest in LendingOne to a "leading global asset management firm" — the buyer's identity remains publicly undisclosed in all primary sources we surveyed. Green stepped down as CEO at that time. Matt Neisser became CEO and remains in that role.

Origination volume. Per Private Lender Link, lifetime origination is approximately $11.17 billion across 16,074 loans to 8,047 borrowers. 2024 reported volume per HMDA: $1.28B / 2,564 loans / $500K average loan size. In the 2025 HMDA data LendingOne reported 2,519 originated business-purpose investment-property loans totaling $1,642,205,000, of which 799 were short-term loans (774 in our fix-and-flip definition, median note rate 9.99%) and 1,696 had terms of 300 months or more. LendingOne stated a $3B SFR deployment target for 2022 and 2023 backed by "the world's largest global alternative asset manager."

Securitization. No public LendingOne-shelf securitizations are documented in our KBRA/DBRS searches. The company appears to fund through warehouse lines and likely forward-flow agreements with the global asset manager that owns it.

Product mechanics (2026 grid). Fix-and-flip $100K–$3M, up to 92.5% LTC with 100% of rehab costs financed, closings in as little as 5 days (7-10 business days in its comparison table), 12-24 month terms standard, no prepayment penalty, no W-2 or income verification (page read October 8, 2026). DSCR core grid is 1.10–1.20 minimum by FICO; separate programs explicitly accommodate break-even and negative-cashflow properties with a documented 0.75 DSCR floor — the most aggressive position in the market by stated underwriting. Up to 80% LTV purchase/refi, 75% LTV cash-out. Fix-and-flip transitions to DSCR refinance on the same platform.

Reputation. BBB Accredited since February 22, 2017. Trustpilot ~426 reviews skewing positive. Cleanest regulatory record of the four — no major state AG actions, no CFPB consent orders, no DFPI revocations we could surface in primary sources.

Best-fit borrower: DSCR-focused buy-and-hold investors with thin-cashflow rentals or cash-out refi needs that other lenders' grids reject. Read our full review in the LendingOne review.

Section 5 — Honorable mentions

RCN Capital (founded 2010, South Windsor, CT). CEO Jeffrey Tesch has led the company since founding; Don Vaccaro is documented as the original owner. Lifetime: $8.2B+ originated across 37,000+ loans (per REI-INK reporting). 2024 was a record year with 8,000+ transactions and 20% YoY growth. Heavily wholesale-channel — 85%+ of volume comes through mortgage broker partners — which means investors typically interact with a broker-of-record rather than RCN directly. Strongest pick for borrowers who prefer broker representation. Its own fix-and-flip program page (read October 8, 2026) offers up to 100% of the purchase price plus 100% of renovation costs, not to exceed 75% of the after-repair value, loans of $75K to $2M, a 650 minimum FICO, 12-18 month terms and rates as low as 9.49%; leverage depends on experience: investors with up to 2 flips in the last 3 years can get up to 80% of the purchase price (not above 70% of ARV) from 10.74%, and those with more than 10 flips and a 720+ FICO up to 95% from 9.24%. In the 2025 HMDA data RCN reported 2,798 short-term loans, the fourth most of any lender, with a median note rate of 10.74%.

Anchor Loans (founded 1998, Thousand Oaks, CA). Oldest dedicated fix-and-flip lender in the country. Acquired by Pretium Partners in November 2021 from affiliates of Wafra Capital Partners. Lifetime: over $23 billion funded for more than 38,000 projects across 48 states (Anchor's July 2026 release). Launched its third-party originator (TPO) channel in January 2024 to add bridge, fix-and-flip, ground-up construction, and DSCR products to the broker network. Pretium Partners (founded 2012 by Don Mullen, former Goldman MD and "Big Short" co-architect) anchors the institutional capital. Best for investors who value pedigree and a lender that has survived multiple cycles since the late-1990s. In the 2025 HMDA data Anchor reported 1,556 short-term loans totaling $1,602,110,000 (median loan $475,000, median note rate 9.5%), so it skews to larger loans than Kiavi or RCN (medians $235,000 and $195,000). Anchor's home page (read October 8, 2026) shows $23 Billion in loans funded and 37,000+ loans funded, against the 38,000+ projects in its July 2026 release cited above.

Easy Street Capital (Austin, TX). Founding date is conflicted across sources (2017–2019 range; operational launch appears 2019 per company materials). Specializes in three branded products: EasyFix (fix-and-flip/bridge with no appraisal required, 48-hour closings), EasyRent (DSCR), and EasyBuild (construction with 48-hour draws). Notably, made history in 2025 as the third unrated issuer to securitize RTLs ($175M deal). Best for borrowers who value speed and branded simplicity over a deep balance sheet. EasyFix now advertises closings in as little as 24 hours with no appraisal, loans of $75K to $5M+, 6-18 month terms, a 600 minimum FICO, rates starting at 8.90%, and up to 93% LTC (90% of purchase plus 100% of rehab) and 75% of ARV (page read October 8, 2026). In the 2025 HMDA data Easy Street reported 2,409 short-term loans, all at a 9.9% note rate (median and middle half), the fifth most of any lender.

Center Street Lending (Irvine, CA — moved from Newport Beach). Founded 2010 by Steve Couig, former president of a public homebuilder. $6B+ in lifetime originations as of 2024 disclosure; offers fix-and-flip, new construction, bridge, short-term rental, and DSCR loans. Strongest in the California market. Its depositor entity, Center Street Lending Resi-Investor ABS Depositor, LLC, files Form ABS-15G for private residential-transition-loan note trusts (2024-RTL1 and 2025-RTL1), and a registered fund reported holding 2026-RTL1 notes at July 31, 2026, so securitization is part of its funding, but we found no public rating-agency release, so we treat those ratings as unverified. Best for California-concentrated investors who want a regional specialist with deep local underwriting. Its fix-and-flip page (read October 8, 2026) shows 6-24 month terms, a $200K minimum, up to 95% LTC, rates as low as 8.75% and a 650 minimum FICO, with two months of bank statements required.

Section 6 — How to choose: a decision framework

Question 1: How important is speed?

• Need to close in under 10 days repeatedly → Kiavi (or Easy Street if no appraisal needed)
• 10–21 days acceptable → any of the four

Question 2: Do you want a public, SEC-reporting parent for transparency?

• Yes → Lima One (MFA Financial, NYSE: MFA) reports its volume line by line every quarter; Kiavi's new parent, Figure Technology Solutions (Nasdaq: FIGR), is also listed
• No, comfortable with private ownership → Roc360 and LendingOne

Question 3: What's your DSCR profile?

• Negative or break-even cashflow → LendingOne is uniquely permissive (0.75 DSCR program)
• 1.0+ standard property → all four work; Lima One rewards 1.2+ with best pricing
• 1.3+ premium pricing tier → Lima One

Question 4: What's your typical loan size?

• Under $250K → Kiavi / Lima One / RCN all viable
• $250K–$3M → all four primary lenders comfortable
• $3M+ portfolio/multifamily → Roc360 (institutional desk) or Lima One (large-loan team)

Question 5: Wholesale (broker) or direct?

• Working with a broker → RCN Capital is the wholesale king (85%+ volume)
• Want direct relationship → Kiavi, LendingOne, Lima One

Question 6: California-concentrated?

• Yes, with regional specialization preference → Center Street Lending or CIVIC/Roc360
• Nationwide footprint matters more → Kiavi, Roc360, Lima One, LendingOne

Question 7: What matters most for your downside protection?

• Capital-markets depth (lender survives a cycle) → Kiavi (deepest LHOME shelf) or Roc360 (most diversified brands + Temasek)
• Regulatory/legal cleanliness → LendingOne (cleanest record we surfaced)
• Public-parent disclosure → Lima One (MFA Financial 10-Qs)

FAQ

Related coverage

• Hard Money Loans in Florida: What 5,691 Short-Term Investor Loans Actually Cost (HMDA 2025)
• New Silver Review · Rehab Financial Group Review · Temple View Capital Review
• Kiavi Review 2026: Closed Investor Notes, $30B Lender — Full Picture
• Kiavi vs Lima One Capital 2026: Speed vs Depth
• Lima One Capital Review 2026 (standalone forensic) — NYSE: MFA subsidiary with CA DFPI consent order, Q1 2026 segment data, S&P Global servicer evaluation
• Roc360 Review 2026: Roc Capital, CIVIC Complaints, Rates
• LendingOne Review 2026: $11B Florida BPL Lender Bill Green Sold to a Global Asset Manager
• RCN Capital Review 2026 — $8.2B+ originated, 85% wholesale, no public ABS shelf
• Anchor Loans Review 2026 — the oldest US BPL lender (1998), Pretium-owned since Nov 2021, $5.4B 2025
• Easy Street Capital Review 2026 — 3rd-unrated RTL securitizer in 2025 with tightest unrated A1 spread in market history
• Visio Lending Review 2026 — DSCR pioneer; #1 DSCR by 2024 Scotsman Guide ($854.6M); more than $4.8B originated (Visio, August 2026)
• Center Street Lending Review 2026 — Irvine CA mid-tier BPL; $7.3B lifetime; two CA DFPI revocations on legacy SPE funds (administrative); new Dec 2025 retail Reg D pivot at $500 minimum
• Best DSCR Loan Lender 2026: Forensic Comparison — complementary DSCR pillar covering Visio, Kiavi, Lima One, LendingOne, Roc360, Easy Street, Velocity (NYSE: VEL), Angel Oak (NYSE: AOMR)
• Velocity Financial Review 2026 (NYSE:VEL) — the only publicly traded pure-play investor BPL lender; $10.6B in 46 cumulative KBRA-rated securitizations; January 2026 $500M unsecured notes
• Constructive Loans Review 2026 — captive originator for Adamas Trust (NASDAQ:ADAM, formerly NYMT); 95% total LTC on fix-and-flip + 100% rehab financing
• Quontic Bank DSCR Review 2026 — the only FDIC-insured + CDFI-certified DSCR lender — structural contrast for fix-and-flip operators comparing bank vs non-bank financing
• What Happened to Patch of Land (2026): The Quiet Collapse of a Top-3 RE Crowdfunding Platform

Sources

Kiavi

• Kiavi 2025 Wrapped (cites $7.8B 2025 origination)
• Kiavi $300M Feb 2025 LHOME
• Kiavi $400M Aug 2025 LHOME
• Kiavi $350M Feb 2026 securitization
• Kiavi 100,000 loans milestone
• Kiavi PitchBook profile (ownership, $806M raised)
• Kiavi Crunchbase profile
• Kiavi BBB profile
• Kiavi DSCR loan guide
• Kiavi Fix-and-Flip product page

Roc360

• Roc360 Temasek $150M (Jan 2026)
• Roc360 Temasek + capital sources (Aug 2023)
• Roc360 acquires Finance of America Commercial (March 2023)
• Roc360 acquires CIVIC origination assets
• Roc360 inaugural residential bridge securitization (Oct 2021)
• Roc Mortgage Trust 2024-RTL1 ($237.5M DBRS)
• Roc Capital → Roc360 holding rebrand (Jan 2020)
• Roc360 leadership page
• CIVIC BBB profile

Lima One Capital / MFA Financial

• MFA Financial Q3 2025 results
• MFA Financial Q1 2026 results
• MFA acquisition agreement (May 6, 2021)
• MFA acquisition completion (Jul 2, 2021)
• S&P Global Lima One servicer evaluation
• Lima One BBB profile (A+)
• Lima One DSCR product page

LendingOne

• LendingOne Crunchbase profile
• LendingOne BBB profile
• Crestar Funding → LendingOne rebrand (Nov 2015)
• LendingOne $3B SFR deployment 2022
• LendingOne fix-and-flip product page
• LendingOne DSCR product page

Honorable mentions

• Pretium acquires Anchor Loans (Nov 2021)
• Anchor Loans launches TPO channel (Jan 2024)
• RCN Capital surpasses 20,000 loans funded
• Easy Street Capital company site
• Center Street Lending about page (Steve Couig)

This article is independent research. We have no affiliate relationships with any of the lenders covered. We are paid nothing if you contact any of them. We earn nothing from links to lender websites or third-party reviews. Last updated October 8, 2026.

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