Kiavi’s New Construction & Infill program is a short‑term, interest‑only construction and bridge loan built for investors and builders who want to move quickly on infill projects—single‑family homes, townhomes, and small multifamily in established neighborhoods.
Instead of a slow, paperwork‑heavy bank process, Kiavi leans on a digital application, data‑driven underwriting, and streamlined documentation to help you close faster and focus on the build.
Key program highlights:
- Rates as low as 9.00%, interest‑only
- Loan amounts from $150,000 to $10,000,000
- Up to 85% of total costs (purchase price + construction costs)
- Up to 70% of ARV (after‑repair value)
- Up to 100% of rehab cost (deal‑dependent)
- 12, 18, or 24‑month terms
- 3‑ or 6‑month extension options
- No Application Fee
- No Appraisal
- No Income Verification
This is not a long‑term mortgage—it’s a tool to get you from acquisition and construction to sale or refinance.
How the Kiavi New Construction & Infill Loan Works
With Kiavi, you apply online, share details about your project and experience, and the lender evaluates the deal using its data models rather than a traditional, full appraisal and income deep‑dive. For qualifying projects, that “No Application Fee, No Appraisal, No Income Verification” structure can significantly speed up approval and reduce friction.
Once approved:
- The loan can cover a substantial portion of the purchase price and construction budget, as long as you stay within 85% of total costs and 70% ARV.
- You make interest‑only payments at a rate starting as low as 9.00%, which keeps carrying costs more manageable during the build.
- Construction funds are released in draws as milestones are completed and verified.
Your exit is straightforward: either sell the finished property or refinance into a long‑term loan (especially if you’re building to hold as a rental). Terms of 12–24 months, plus potential 3–6 month extensions, are designed around typical infill timelines.
Who the Program Is Best For (and When to Look Elsewhere)
Kiavi’s New Construction & Infill loan is a strong fit if you:
- Build or rehab infill single‑family, townhome, or 2–4 unit properties
- Want to close quickly and avoid heavy documentation
- Prefer interest‑only, short‑term financing to maximize cash flow and leverage
- Have a clear exit plan (sale or refinance) within 12–24+ months
You may want alternative financing if you:
- Need long‑term, low‑rate permanent financing (15–30 years)
- Have a highly complex, unusual, or large‑scale project that needs bespoke underwriting
- Are extremely rate‑sensitive and can secure cheaper capital through a relationship bank
In other words, this is a practical, tech‑forward option for active investors and builders running repeatable infill projects—not a “forever” loan for long‑term holds.
How to Apply for a Kiavi New Construction & Infill Loan
Applying is designed to be straightforward and mostly online. While exact steps can vary slightly over time, the general process looks like this:
- Create an account on Kiavi’s site
- Go to Kiavi’s website and choose the New Construction / Infill product.
- Set up a borrower profile with your contact info and experience.
- Submit basic deal details
- Property address or target area
- Purchase price, rehab/build budget, and projected ARV
- Estimated timeline (start date, completion, exit)
- Provide supporting documents
- Scope of work and construction budget
- Entity details (LLC or borrowing entity)
- Any requested project‑specific info (plans, permits status, etc.)
- Receive terms and underwriting decision
- Kiavi reviews the deal using its data‑driven models.
- You get proposed terms: rate, loan amount, leverage, and conditions.
- Close and draw funds
- Once you accept, you move to closing with standard loan docs and title work.
- After closing, you request draws as work is completed.
For the most accurate, step‑by‑step application instructions, use Kiavi’s online portal and speak with their team if you have a complex project or multiple deals in your pipeline.
Pros and Cons at a Glance
Advantages
- Fast, digital‑first approval and closing process
- No Application Fee, No Appraisal, No Income Verification reduces friction
- Strong leverage: up to 85% of total costs and up to 100% of rehab
- Interest‑only payments support better cash flow during construction
Trade‑Offs
- Short‑term, higher‑rate structure vs. long‑term mortgages
- Requires a solid exit plan and realistic timeline
- Less ideal for very unusual or highly complex projects that fall outside standard infill patterns
FAQs: Kiavi New Construction & Infill Loans
Q: What are the typical rates and terms for Kiavi’s New Construction & Infill loans?
A: Kiavi advertises rates as low as 9.00% with interest‑only payments. Standard terms are 12, 18, or 24 months, and borrowers may be able to add 3‑ or 6‑month extensions if more time is needed, subject to approval.
Q: How much can I borrow and what portion of my project will it cover?
A: Loan amounts generally range from $150,000 to $10,000,000. In many cases, Kiavi can finance up to 85% of total project costs (purchase price plus construction), up to 70% of ARV, and up to 100% of rehab cost as long as the deal fits those overall limits.
Q: Do I have to pay an application fee or pay for an appraisal?
A: The program highlights No Application Fee and No Appraisal. That helps reduce upfront costs and cut down on the time it takes to move from application to closing.
Q: Does Kiavi require tax returns or traditional income verification for this program?
A: Kiavi markets this product as having No Income Verification, relying more on the property, project economics, and data‑driven underwriting. You should still expect to provide project details and standard identity/entity documentation.
Q: How do I apply for a Kiavi New Construction & Infill loan?
A: You typically apply online through Kiavi’s website by creating an account, entering your project details (purchase price, rehab budget, ARV, timeline), and submitting basic documentation like a scope of work. Kiavi then reviews the deal and, if approved, issues terms. From there you move to closing and use a draw process to fund construction.
Q: Is Kiavi a good option for build‑to‑rent projects?
A: Yes—if you treat the loan as bridge financing. Many investors use Kiavi to fund the land and construction, then refinance into a long‑term rental loan once the property is completed and leased. Planning that exit early is critical.