#Real Estate #Loans #Kiavi

Kiavi Reaches a New Milestone: 100,000 Funded Loans

In a groundbreaking achievement for private lending, Kiavi, a tech-enabled mortgage provider for residential real estate investors, has announced that it has funded over 100,000 loans totaling more than $27 billion. This milestone elevates Kiavi as the first and only private lender focused on business-purpose loans to real estate investors to reach such a significant benchmark.

Founded in 2013, Kiavi has become a vital partner for real estate investors, meeting the financing needs of more than 26,000 customers while facilitating the purchase of over 102,000 properties. Kiavi’s diverse array of offerings now includes not just its flagship fix-and-flip loans but also a comprehensive suite of products that caters to both novice investors and seasoned professionals alike.

The Impact of Technology and Data

CEO Arvind Mohan emphasized how this achievement reflects Kiavi's commitment to utilizing technology and data effectively. “This milestone is more than just a number. It is a testament to Kiavi's relentless execution and the power of our data flywheel. We have proven that technology and industry expertise can converge to create significant results,” said Mohan.

Kiavi's innovative approach uses artificial intelligence and machine learning to create detailed insights that enhance its loan offerings. Each of the 100,000 funded loans not only contributes to their business but builds a robust data model that enables them to provide faster and more reliable financing solutions. According to Mohan,