Based in Greenville, South Carolina, and wholly owned by publicly traded REIT MFA Financial (NYSE: MFA), Lima One Capital is one of the few national private lenders that originates, underwrites, and services 100% of its loans in-house for the entire life of the loan. That single structural difference matters on heavy renovations, ground-up construction, and 5+ unit multifamily value-add bridge loans, where draw inspections and budget reallocation requests are handled by Lima One's own construction desk rather than sold off to a third-party servicer.
Interest Rates: 7.75% to 11.75% | Origination Points: 1.5% to 2.5%
Max Leverage: Up to 95% LTC / 75% ARV (1 to 4 Units) | Up to 85% LTC and 75% of ARV (Multifamily Value-Add)
Loan Amounts: $100,000 to $5,000,000 (1 to 4 Units); $1,000,000 and up (Multifamily Bridge) | Min FICO: 660 | Footprint: 46 States + DC
Experience Requirement: Fix and flip and bridge borrowers need at least 1 investment property sale or refinance in the last 36 months.
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Core Lima One Bridge Programs
- FixNFlip (1 to 4 Units): Up to 95% of purchase + rehab cost (capped at 75% ARV), 100% of the rehab budget with 24-hour draws available, interest charged only on drawn funds, and 13, 19, or 24-month interest-only terms. Borrowers must have completed at least 1 investment property sale or refinance within the last 36 months. Ideal for structural rehabs, square-footage additions, and historic restorations that take longer than 6 months.
- Multifamily Bridge (5+ Units): Stabilized and value-add bridge loans from $1,000,000 and up, with up to 85% LTC and 75% of ARV on value-add deals and 24 to 36 month interest-only terms, for Class B and Class C apartment repositioning. Includes dedicated CapEx holdback facilities and interest reserves during unit turns and RUBS lease-up.
- New Construction & Build-to-Rent: Ground-up vertical construction financing for single-family spec builds, townhome infill projects, and horizontal/vertical build-for-rent communities.
When to Choose Lima One vs. Kiavi
If you are a first-time flipper (with 0 completed exits in the last 36 months) or are executing a cosmetic 1 to 4 unit flip that needs to close in 7 days at up to 80% ARV, Kiavi is typically faster and lends to borrowers without prior exits. If you have at least 1 investment property exit or refinance in the past 36 months and are tackling a structural gut renovation, adding ADUs, building ground-up infill homes, or repositioning a 12-unit apartment building, Lima One Capital's in-house construction servicing and 95% LTC / 75% ARV structure make it a strong institutional partner. Read our full Kiavi vs. Lima One Capital and CoreVest vs. Lima One Capital comparisons for side-by-side breakdowns.