Kiavi vs New Silver

Both are tech-forward flip lenders. New Silver's instant term sheets and 5-day closings edge Kiavi on speed. Kiavi wins on DSCR products and volume pricing for repeat borrowers.

Shared products: Fix & Flip, DSCR, Bridge · Updated March 2026

4.5

Kiavi

Wins 3 categories

VS

4.0

New Silver

Wins 1 categories

Full Comparison

FeatureKiaviNew Silver
Interest Rates6.5%–12%Better7.5%–13%
Max LTV80%80%
Min Credit Score640Better650
Loan Range$100K–$3M$100K–$5M
Origination Fee1–2 points1.5–2.5 points
Speed to Close10–21 days5–10 days
Experience RequiredNo experience requiredNo experience required
LLC BorrowingYesYes
Interest-OnlyAvailableAvailable
Prepayment Penalty3-2-1 step-down (DSCR)None (flip) / 3-year (DSCR)
Foreign NationalNoNo
CoverageNationwideNationwide
Property TypesSFR (1-4), Condo, TownhouseSFR (1-4), Condo, Townhouse, Multifamily (5+)Better
Loan Products4 products4 products
Founded20132019
Editor Rating4.5 / 5.0Better4.0 / 5.0

Pros & Cons

Kiavi

Pros

  • +Fully digital platform — apply to close online
  • +Competitive rates for experienced borrowers (volume discounts)
  • +Bridge-to-DSCR conversion available (one-loan BRRRR)
  • +Fast closings for repeat borrowers (10–14 days on flips)
  • +No experience required for DSCR loans

Cons

  • Limited to 1-4 unit residential (no multifamily or commercial)
  • No foreign national programs
  • Minimum loan $100K (excludes low-cost markets)
  • DSCR prepayment penalty (3-2-1)

New Silver

Pros

  • +Instant term sheets — know your terms immediately
  • +Fastest closings in the industry (5 days possible)
  • +Same-day pre-approval
  • +Modern tech platform with easy draw requests
  • +Competitive rates for hard money

Cons

  • Higher minimum loan ($100K)
  • Newer company — less track record than established players
  • Limited to 1-4 unit residential for some products

Kiavi

4.5 editor rating · 10–21 days closing

New Silver

4.0 editor rating · 5–10 days closing

Frequently Asked Questions

Is Kiavi or New Silver better for real estate investors?

Both are tech-forward flip lenders. New Silver's instant term sheets and 5-day closings edge Kiavi on speed. Kiavi wins on DSCR products and volume pricing for repeat borrowers.

What loan types do Kiavi and New Silver both offer?

Both lenders offer Fix & Flip, DSCR, Bridge. Both offer 4 products.

Which has lower rates, Kiavi or New Silver?

Kiavi advertises rates starting at 6.5% while New Silver starts at 7.5%. Kiavi has the lower starting rate, but actual rates depend on your credit score, LTV, property type, and loan product. Always get quotes from both lenders.

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