Real estate finance provider Kiavi announced it surpassed 50,000 funded bridge and fix-and-flip loans since its inception in 2013. Citing property data powered by ATTOM, Kiavi is the first and only non-QM lender to real estate investors to achieve this milestone.
Kiavi’s bridge and fix-and-flip loans provide short-term financing to REIs who purchase and rehab investment properties.
The company attracts REIs looking to buy, renovate, and sell a home due in part to its data and technology platform. Kiavi uses data from its 50,000 fix-and-flip transactions to power its machine-learning models, which help its customers make smart investment decisions.
This platform also enables borrowers to close much faster than traditional financing options by eliminating time-consuming and extraneous elements of the lending process.