About
CIVIC Financial Services is a direct private lender founded in 2015 and headquartered in Redondo Beach, California, with offices across 14 markets including Nevada, Arizona, Texas, Florida, Oregon, Washington, Colorado, North Carolina, and Tennessee. CIVIC specializes in financing non-owner occupied residential and multifamily investment properties for mortgage brokers, investors, and real estate agents. As a direct lender, CIVIC controls the entire transaction from start to finish - no middlemen, no handoffs - enabling closings in as few as 5 business days. With 310 employees and over $6 billion in capital funded across 10,000+ loans, CIVIC offers a focused suite of fix-and-flip bridge, short-term bridge, and DSCR rental loan programs using its own institutional capital backed by a bank credit line. CIVIC accepts a wide range of borrowers including individuals, LLCs, corporations, trusts, self-directed IRAs, and foreign nationals, with no minimum credit score required.
Where They Lend
26 States
CIVIC Financial Services lends in 26 states: Arizona, California, Colorado, DC, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Massachusetts, Maryland, Michigan, Nevada, New Jersey, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington. No owner-occupied homes, no rural areas, no gap funding or second liens.
az ca co dc fl ga hi id il in ma md mi nv nj nc oh ok or pa sc tn tx ut va wa
Loan Types, Structures and Terms
$67,500 to $10,000,000
Typical Loan Amounts
4.75% to 11.99%
Typical Interest Rates
CIVIC lends up to 90% LTP on fix-and-flip and bridge, and up to 80% LTV on DSCR rental (89% LTP on purchase). No minimum credit score across all programs. BPO always accepted on residential - no full appraisal required on residential properties. Rates from 4.25% to 11.99% depending on program.
CIVIC fix-and-flip bridge loans fund 1-4 unit residential and multifamily investment properties up to 90% LTP with no minimum credit score, BPO always accepted in lieu of appraisal, and closings in as few as 5 business days as a direct lender.
| Fix & Flip Feature | Structure & Terms |
|---|
| Project Types | 1-4 unit residential, condos, 2-4 units, multifamily, mixed-use, manufactured homes, portfolio of residential properties. No owner-occupied. No rural areas. No gap funding or 2nd liens. |
| Loan Limits & Terms | $67,500 to $10,000,000 | Term: 12 months | Interest-only, first-lien | BPO always accepted for residential ($320 upfront) | Processing fee: $1,195 |
| Rates & Fees | Rates 4.75% to 11.99% | Origination 1% to 2% | Processing fee $1,195 | Extension: 1 point on original loan amount | No minimum credit score |
| Leverage (LTC/LTP) | Up to 90% LTP | BPO-based valuation - no full appraisal required on residential | Equity sources: cash, partner, subject equity, other investment property equity, primary residence equity, seller financing, family |
| Structural Advantages | No minimum FICO. BPO always accepted - never requires full appraisal on residential. Direct lender with full control from application to closing. Proof of funds letters available. Auction purchases accepted. Foreign nationals accepted. Individuals, LLC, LP, Trust, Corp, Self-Directed IRA all accepted. |
CIVIC DSCR rental loans offer 5, 7, or 10-year ARM terms on 1-4 unit investment properties at up to 80% LTV with a minimum 0.99 DSCR, no minimum credit score, and portfolio financing for up to 9 properties.
| DSCR Rental Feature | Structure & Terms |
|---|
| Property Types | 1-4 unit residential investment properties: SFR, condos, 2-4 units. Portfolio financing for up to 9 properties in one loan. Long-term rental and partner buyout specialty programs. No owner-occupied. No rural areas. |
| Loan Limits & Terms | $75,000 to $10,000,000 | Term options: 5/1 ARM, 7/1 ARM, or 10/1 ARM (60-120 months) | Interest-only structure available | Portfolio: 1-9 properties |
| Rates & Fees | Rates 4.25% to 9.99% | Origination 1% to 5% | Min DSCR: 0.99 | No minimum credit score required | Min property value: $75,000 |
| Leverage (LTV/LTP) | Max LTV: 80% | Max LTP (purchase): 89% | Min property value: $75,000 |
| Structural Advantages | DSCR as low as 0.99. No minimum credit score. Portfolio blanket loans up to 9 properties. Foreign nationals accepted. Individuals, LLC, Trust, Corp, Self-Directed IRA all eligible. Junior liens permitted behind CIVIC senior mortgage. |
CIVIC short-term bridge loans provide fast-close capital on residential and multifamily investment properties with no minimum credit score, BPO always accepted, and a direct-lender process that closes in 5-7 days.
| Bridge Loan Feature | Structure & Terms |
|---|
| Use Cases | Fast-close acquisition and refinance bridge on non-owner occupied residential and multifamily investment properties. Rate & term refi, cash-out refi, partner buyout. No owner-occupied. No rural areas. |
| Property Types | SFR, condos, 2-4 units, multifamily, mixed-use, manufactured homes, portfolio of residential properties. Vacant, tenant-occupied (full or partial) accepted. |
| Loan Limits & Terms | $67,500 to $10,000,000 | Term: 12 months | Interest-only, first-lien | Prepayment: 1-year has NO prepayment; 2-year: 8 months required interest | Processing fee: $1,195 |
| Rates & Fees | Rates 4.75% to 11.99% | Origination 1% to 2% | BPO $320 (only upfront cost) | No minimum credit score |
| Structural Advantages | No minimum credit score. BPO always accepted. Close in 5-7 business days. Proof of funds letters available. Auction purchases accepted. Junior liens behind CIVIC senior mortgage permitted. Foreign nationals accepted. JV equity from outside investors accepted. Individuals, LLC, LP, Trust, Corp, Self-Directed IRA all eligible. |
Borrower Qualifications (Are you qualified?)
CIVIC qualifies borrowers on the asset rather than personal income - no minimum credit score required across all programs. Individuals, LLCs, corporations, trusts, self-directed IRAs, and foreign nationals are all accepted, making CIVIC one of the most borrower-flexible direct lenders in the market.
| Qualification Parameter | Lender Requirements |
|---|
| Experience Levels | All Experience Levels Accepted. No prior project history required. First-time investors accepted on all programs. |
| Credit Requirement | No Minimum Credit Score. CIVIC does require a credit report, but there is no published minimum FICO threshold across bridge and DSCR programs. |
| Income Verification | Credit Report, Bank Statements, and Financial Statements Required. No W-2s or tax returns required. Qualifying is asset-based - personal debt-to-income ratios are not evaluated. |
| Entity Requirement | Individuals, LLC, LP, Trust, Corporation, and Self-Directed IRA all accepted. Foreign nationals accepted with passport, ITIN/EIN, and US account funds. JV equity from outside investors permitted. Personal guaranty sometimes required. |
Underwriting Process (How long will it take to get approved?)
CIVIC is a direct lender controlling the full transaction in-house - no third-party handoffs. Closes in 7 days typically, fastest 5 days. BPO always accepted on residential, eliminating appraisal delays. No minimum credit score. Credit report, bank statements, and financial statements required.
| Stage / Requirement | Process & Timelines |
|---|
| Initial Review | Submit credit report, bank statements, and financial statements. No W-2s or tax returns required. CIVIC assigns a dedicated rep who manages the deal from application through closing. Property does not need to be under contract before applying. |
| Property Valuation | BPO always accepted on residential property ($320 upfront - the only upfront cost). Full appraisal required for commercial. BPO eliminates standard appraisal delays and keeps residential deals on a fast-close timeline. |
| Speed to Close | Typical close in 7 business days; fastest close in 5 business days. CIVIC controls the full transaction as a direct lender - no external committee delays. Proof of funds letters available for purchase transactions. |
| Document Checklist | Credit report, bank statements, financial statements, loan application. BPO $320 (only mandatory upfront cost). Processing fee $1,195. No minimum FICO. Proof of funds letters available. Auction purchases and foreign nationals accepted. |
Draw Process (How long will it take to get draws?)
CIVIC processes rehab draws in-house with a typical 3 to 5 business day turnaround. Draw requests are submitted via digital portal. Inspection is BPO-based at $320 per draw. Keeping draw timelines in your FlipperForce project schedule protects contractor momentum and prevents budget overruns.
| Operational Step | Methodology & Timelines |
|---|
| Draw System | Reimbursement-based. The investor funds a specific phase of the rehab budget upfront, then requests a draw to get reimbursed after inspection approval. |
| Inspection Method | BPO-based inspection at $320 per draw request. CIVIC uses broker price opinion inspections rather than full appraisals, keeping draw fees low and turnaround times fast. |
| Funding Turnaround | Once inspection is approved, wire transfers are typically initiated within 3 to 5 business days. Build your FlipperForce project schedule with this cycle in mind to keep contractor timelines on track. |
| Draw Fees | BPO inspection fee: $320 per draw request. Extension fee if needed: 1 point on the original loan amount. Processing fee of $1,195 is charged at origination, not per draw. |
