Civic Financial Services
Civic Financial Services is a US private lender providing DSCR-based fix-and-flip, bridge, construction, and rental portfolio loans to residential real estate investors across 45 states plus DC, distributed through direct sales, broker/TPO channels, and a mobile app platform.
- Company typePrivate
- Founded2012
- HeadquartersRedondo Beach, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Civic Financial Services does
Civic Financial Services (CIVIC) is a US private lender specializing in business-purpose loans for residential real estate investors. Founded in 2012, the company operates as CIVIC Financial Services, LLC, a California Finance Lender, with its main office at 645 Madison Avenue, New York, and additional operations in Los Angeles and Boise. Following the 2024 divestiture by Pacific Western Bank (PacWest Bancorp), CIVIC's origination assets were acquired by Roc Capital Holdings (Roc360), making it part of Roc360's vertically integrated platform for residential real estate investors. CIVIC lends in 45 states plus DC, restricted from North Dakota, South Dakota, Utah, Oregon, and Vermont.
CIVIC's core product set spans short-term financing — Fix and Flip Loans (rates from 6.81%), 1-4 Unit Bridge Loans (8.49%+), Multifamily Bridge Loans (10.99%, $1M-$10M), and Ground-Up Construction Loans (8.99%+) — and long-term rental financing including single-property DSCR Rental Loans (5.39%+) and Rental Portfolio Loans. Differentiated features include DSCR-based underwriting without personal income documentation (no W2s, paystubs, or tax returns), foreign national eligibility, 100% rehab financing on fix-and-flip products, and proprietary technology including Snap Draws DIY (24-hour photo-based construction draws), RealVal (photo-based next-day valuations), and a mobile app for real-time loan management.
CIVIC distributes through a multi-channel GTM: an internal account executive team (15+ named AEs plus regional team leads), a Broker Program and a white-label TPO Program for third-party originators, a customer referral program ($750 per closed referral), and content marketing through a 70+ article resource library. Revenue is generated primarily from loan interest income, supplemented by origination and processing fees (e.g., $300 Snap Draw processing, $270 inspections, Fast Track Funding fees) and broker point economics on broker-originated deals. Cumulative originations exceed $8 billion.
Civic Financial Services firmographics
Firmographics- Name
- Civic Financial Services
- Legal name
- CIVIC Financial Services, LLC
- Website
- https://civicfs.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Civic Financial Services is a US private lender providing DSCR-based fix-and-flip, bridge, construction, and rental portfolio loans to residential real estate investors across 45 states plus DC, distributed through direct sales, broker/TPO channels, and a mobile app platform.
- Ownership category
- akta.pro rank
Civic Financial Services industry classification
Industry- Product category
- Real Estate Investment Lending
- NAICS
- Real Estate Credit (522292), Credit Intermediation and Related Activities (522), Mortgage and Nonmortgage Loan Brokers (52231)
- SIC
- Mortgage Bankers & Loan Correspondents (6162), Short-Term Business Credit Institutions (6153), Loan Brokers (6163)
- akta.pro primary industry
- Private Credit — Real Estate Debt (Bridge, Mezz, CMBS-like) (FSAHAJAI)
- akta.pro secondary industries
- Private Banking Lending (Securities-Backed, Real Estate, Structured Credit) (FSABADAE), Private Credit / Direct Lending (FSAAAHAG), Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH)
Keywords
Where Civic Financial Services is headquartered
LocationHeadquarters
- HQ city
- Redondo Beach
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Civic Financial Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Loan Interest Income: Primary revenue from interest charged on fix-and-flip loans, bridge loans, rental loans, portfolio loans, construction loans, and multifamily bridge loans. Interest rates vary by product ranging from approximately 5.39% to 10.99%.
- Origination and Processing Fees: Fees collected for loan origination including Snap Draw processing fees ($300 per draw), inspection fees ($270 single unit + $30 wire fee), and Fast Track funding upfront non-refundable fees.
- Broker Program Revenue: Revenue generated through broker-originated loans where CIVIC provides capital and resources while brokers earn points on every deal paid at closing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Fix and Flip Loans starting at 6.81% APR |
| Transaction based/ take rate | Monthly | DSCR Rental Loans starting at 5.39% |
| Transaction based/ take rate | Pay-as-you-go | Bridge Loans starting at 8.49% |
| Transaction based/ take rate | Pay-as-you-go | Multifamily Bridge Loans at 10.99% |
| Transaction based/ take rate | Pay-as-you-go | Ground-Up Construction Loans at 8.99% |
| Transaction based/ take rate | Pay-as-you-go | Construction Draw Processing |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
Civic Financial Services product offering
Product offeringCore offering
CIVIC Financial Services is a nationwide private lender that originates short-term and long-term business-purpose mortgage loans for residential real estate investors. Its core offerings span Fix and Flip loans, 1-4 Unit Bridge loans, Multifamily Bridge loans, Ground-Up Construction loans, single-property Rental (DSCR) loans, and Rental Portfolio loans ranging from $50,000 to $10 million. Lending is delivered through a direct account executive sales force plus Broker and TPO channel partner programs, supported by a proprietary digital platform featuring Snap Draws DIY, RealVal in-app valuations, and a mobile app for loan management.
Product overview
CIVIC Financial Services operates as a real estate investment lending platform offering six core loan products organized into short-term financing (Fix and Flip Loans, 1-4 Unit Bridge Loans, Multifamily Bridge Loans, Ground-Up Construction Loans) and long-term rental financing (Rental Loans, Rental Portfolio Loans). The platform is augmented by ancillary services including Snap Draws DIY for construction draw management, Fast Track Funding for expedited processing, the Home Depot Rapid Pass discount program, and broker-facing programs (Broker Program, TPO Program, White Label Docs, Referral Program). The company also offers a mobile application for loan management and tracking. All core products share common features including DSCR-based underwriting, no personal income documentation requirements, and full recourse requirements.
Differentiator
Problem solved
Functional benefit
Products and services
- Fix and Flip Loan Short-term financing for real estate investors to purchase properties at market value, renovate them, and resell quickly. Up to 90% LTC, 75% ARLTV, and 100% rehab financing with loan amounts from $50K-$3MM and 12-18 month terms. Targeted at fix-and-flip investors including first-time borrowers with no prior experience required.
- 1-4 Unit Bridge Loan Short-term flexible loan solution for temporarily holding investment assets between conventional financing or sale. Available for single-family, 2-4 unit properties, townhomes, and condos with 12-18 month terms, up to 85% LTC and 70% LTV, minimum 660 FICO. Rates starting at 8.49%.
- Rental Loan Long-term DSCR-based financing for stabilized single rental properties generating cash flow. Features 30-year fixed rate or hybrid ARM options with no W2s, paystubs, or tax returns required and minimum 660 FICO. Up to 80% LTV with zero-point rate options available. Targeted at rental property investors building long-term portfolios.
- Rental Portfolio Loan Blanket loan product for consolidating multiple rental properties (up to 2MM) into one convenient loan. DSCR-based underwriting without personal income documentation, with fixed and adjustable rate options. Targeted at rental portfolio investors looking to simplify financing across multiple properties.
- Ground-Up Construction Loan Financing for builders and investors for ground-up construction and land acquisition. Supports 1-4 unit residential properties with 12-24 month terms, available for experienced developers with 3+ similar past projects. Up to 75% LTC on land plus 100% of construction costs, with up to 90% of total project costs for experienced developers.
- Multifamily Bridge Loan Short-term interest-only loan for residential 5+ unit multifamily properties in need of value-add renovations. Loan amounts from $1M-$10M with 18-24 month initial terms and up to two 6-month extensions, minimum 725 FICO. Available for purchase or delayed purchase financing in select East Coast markets.
- Snap Draws DIY Self-service construction draw management feature allowing borrowers to take photos of work in progress through the portal app. Eliminates third-party inspections with 24-hour processing turnaround for a $300 fee per draw. Available to all CIVIC construction loan borrowers.
- Fast Track Funding Expedited loan processing service providing priority title, appraisal, and insurance processing at loan submission. Available on all CIVIC loan products to reduce overall processing time for borrowers willing to pay an upfront non-refundable fee.
- Home Depot Rapid Pass Mobile app benefit providing borrowers with VIP-level savings at Home Depot locations, offering up to 25% off materials for renovation projects. Available to CIVIC borrowers through the company's partnership with The Home Depot.
- Broker Program Program enabling mortgage brokers to submit loans through the CIVIC portal with individual access, pricing tools, and full back-office support. Brokers earn points on every deal paid at closing. Targeted at individual mortgage brokers and TPOs serving real estate investor clients.
- Third Party Originator (TPO) Program Top broker program offering white-label portal access, admin-level pipeline views, and team management for loan officers. Brokers fund loans in their name without risking capital, using CIVIC's balance sheet and infrastructure. Targeted at larger broker shops running investor loan operations.
- Referral Program Referral incentive program where existing customers earn $750 for each successful referral that closes their first loan, while referees receive a free appraisal credit at closing. Available to existing CIVIC customers and their referred investors nationwide.
- White Label Docs Customizable marketing materials including flyers, PDFs, and social media ads that brokers and TPOs can brand with their own logo and company colors through Canva templates. Available to Broker and TPO program participants as part of the channel partner toolkit.
- CIVIC Mobile App Mobile application providing real-time loan visibility and control. Features include real-time application updates, mobile Snap Draws, on-demand payoffs and extensions, and in-app messaging with lending teams. Available on iOS and Android for CIVIC borrowers.
Quantifiable outcome
- Over $8 billion in loans originated for real estate investors
- +2 more outcomes
Companies that use Civic Financial Services
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
Civic Financial Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Civic Financial Services partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Home DepotcoreCIVIC partners with The Home Depot through the Rapid Pass program, providing borrowers with VIP-level benefits and savings (up to 25% off) when shopping at Home Depot locations. This partnership helps investors save on renovation materials and adds value to the lending relationship.
Scale indicators3 records
Recent moves7 records
Expansion highlights6 records
Civic Financial Services competitors and assessment
Company assessmentDirect peers
- Kiavi (formerly LendingHome): One of the largest non-bank lenders to real estate investors, offering fix-and-flip, bridge, and rental loans with a tech-enabled platform. Directly comparable in product mix, target customer (real estate investors), and digital origination approach.
- Lima One Capital: Specializes in fix-and-flip, rental, and multifamily lending to real estate investors with national reach. Directly comparable product suite and target borrower segment to CIVIC.
- CoreVest Finance: Non-bank lender focused on rental portfolio, single-family rental, and bridge financing for real estate investors. Direct competitor in DSCR and bridge loan products.
- RCN Capital: Provides short-term fix-and-flip, bridge, and rental financing to real estate investors nationwide. Comparable in product breadth and target segment to CIVIC.
- Patch of Land: Tech-enabled private lender offering fix-and-flip, bridge, and rental loans to real estate investors. Comparable target market and product focus.
- Angel Oak Mortgage Solutions: Non-QM and non-bank lender offering DSCR, fix-and-flip, and other investor-focused products. Direct competitor in the non-income-documentation rental/DSCR space.
- Deephaven Mortgage: Non-QM lender with strong DSCR and investor rental loan products. Comparable in non-income-doc rental underwriting and target customer (real estate investors).
Emerging players
- Groundfloor: Tech-enabled real estate investment platform with fix-and-flip and rental loan products. Comparable product focus but with a retail-investor/crowdfunding origin model distinct from CIVIC's wholesale approach.
Broad incumbents
- NewRez (shellpoint Mortgage Servicing/NewRez LLC): Large non-QM and DSCR lender with a broad product set including investor loans. Wider product portfolio than CIVIC but overlapping in DSCR/rental and fix-and-flip space.
Others
- Roc360 (parent company): Vertically integrated platform for residential real estate investors that acquired CIVIC's origination assets in 2024. Comparable in operating model and target segment, and the parent/sponsor providing capital to CIVIC.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Civic Financial Services social profiles
Digital presenceCivic Financial Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Civic Financial Services leadership team
Management profileNumber of profiles
Profiles19 records
Civic Financial Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Civic Financial Services M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Civic Financial Services
What does Civic Financial Services do?
CIVIC Financial Services is a nationwide private lender that originates short-term and long-term business-purpose mortgage loans for residential real estate investors. Its core offerings span Fix and Flip loans, 1-4 Unit Bridge loans, Multifamily Bridge loans, Ground-Up Construction loans, single-property Rental (DSCR) loans, and Rental Portfolio loans ranging from $50,000 to $10 million. Lending is delivered through a direct account executive sales force plus Broker and TPO channel partner programs, supported by a proprietary digital platform featuring Snap Draws DIY, RealVal in-app valuations, and a mobile app for loan management.
Is Civic Financial Services a public or private company?
Civic Financial Services is a private company. It is classified as corporate owned and is currently operating.
When was Civic Financial Services founded?
Civic Financial Services was founded in 2012. It employs 251 to 500 people.
Where is Civic Financial Services based?
Civic Financial Services is headquartered in Redondo Beach, United States, in the North America region.
How does Civic Financial Services make money?
Three revenue lines are on record. Loan Interest Income is the primary driver. The others are origination and Processing Fees and broker Program Revenue.
Who are Civic Financial Services's main competitors?
Direct peers on record are Kiavi (formerly LendingHome), Lima One Capital, CoreVest Finance, RCN Capital, Patch of Land, Angel Oak Mortgage Solutions and Deephaven Mortgage. Groundfloor is listed as an emerging player. NewRez (shellpoint Mortgage Servicing/NewRez LLC) is listed as a broad incumbent. Roc360 (parent company) is listed as an others.
Does Civic Financial Services have an API?
No public API is recorded for Civic Financial Services.
What industry is Civic Financial Services in?
Civic Financial Services's product category is Real Estate Investment Lending. Its primary akta.pro industry code is FSAHAJAI, Private Credit — Real Estate Debt (Bridge, Mezz, CMBS-like), with a secondary code of FSABADAE, Private Banking Lending (Securities-Backed, Real Estate, Structured Credit). Its NAICS code is 522292 and its SIC code is 6162.