Kiavi vs Upright (formerly Fund That Flip)
Both share the same 640 credit floor and both fund fix-and-flip and bridge loans. Kiavi is the broader platform — it also does DSCR and fix-and-rent, prices on volume, and runs a fast tech-driven origination flow, which suits investors who want one lender across flips and rental holds. Upright is the fix-and-flip specialist: it pushes higher leverage (up to ~85% of purchase price), carries no prepayment penalty, and is built around experienced flippers (it also lets accredited investors fund those loans as notes). Choose Kiavi for product breadth and a rental-transition path; choose Upright to stretch capital across more flips if you have a deal or two behind you.
Shared products: Fix & Flip, Bridge · Updated July 2026
4.5
Kiavi
Wins 3 categories
3.9
Upright (formerly Fund That Flip)
Wins 1 categories
Full Comparison
| Feature | Kiavi | Upright (formerly Fund That Flip) |
|---|---|---|
| Interest Rates | 6.5%–12%Better | 8.5%–12% |
| Max LTV | 80% | 85%Better |
| Min Credit Score | 640 | 640 |
| Loan Range | $100K–$3M | $100K–$3M |
| Origination Fee | 1–2 points | 1.5–2.5 points |
| Speed to Close | 10–21 days | 10–14 days |
| Experience Required | No experience required | 1–2 deals |
| LLC Borrowing | Yes | Yes |
| Interest-Only | Available | Available |
| Prepayment Penalty | 3-2-1 step-down (DSCR) | None |
| Foreign National | No | No |
| Coverage | Nationwide | Nationwide |
| Property Types | SFR (1-4), Condo, Townhouse | SFR (1-4), Condo, Townhouse |
| Loan Products | 4 productsBetter | 2 products |
| Founded | 2013 | 2014 |
| Editor Rating | 4.5 / 5.0Better | 3.9 / 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)
Upright (formerly Fund That Flip)
Pros
- +High LTV (up to 85% of purchase)
- +Fast closings (10–14 days)
- +No prepayment penalties
- +Technology-forward platform
Cons
- –Requires at least 1-2 completed deals
- –Higher minimum rate than some competitors
- –Limited to 1-4 unit residential
- –Brand transition (Fund That Flip → Upright) may cause confusion
Upright (formerly Fund That Flip)
3.9 editor rating · 10–14 days closing
Frequently Asked Questions
Is Kiavi or Upright (formerly Fund That Flip) better for real estate investors?
Both share the same 640 credit floor and both fund fix-and-flip and bridge loans. Kiavi is the broader platform — it also does DSCR and fix-and-rent, prices on volume, and runs a fast tech-driven origination flow, which suits investors who want one lender across flips and rental holds. Upright is the fix-and-flip specialist: it pushes higher leverage (up to ~85% of purchase price), carries no prepayment penalty, and is built around experienced flippers (it also lets accredited investors fund those loans as notes). Choose Kiavi for product breadth and a rental-transition path; choose Upright to stretch capital across more flips if you have a deal or two behind you.
What loan types do Kiavi and Upright (formerly Fund That Flip) both offer?
Both lenders offer Fix & Flip, Bridge. Kiavi offers 4 total products vs Upright (formerly Fund That Flip)'s 2.
Which has lower rates, Kiavi or Upright (formerly Fund That Flip)?
Kiavi advertises rates starting at 6.5% while Upright (formerly Fund That Flip) starts at 8.5%. 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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