Overview
Civic Financial Services (now part of PacWest Bank) is a long-standing national non-QM lender with full product suite.
Civic Financial Services is based in Redondo Beach, CA and was founded in 2014. They operate nationally and offer fix-and-flip, BRRRR, rental, bridge financing. Their loan amount range runs from $50K to $5.0M.
Key terms at a glance
| Loan type | Hard money / non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge |
| Geographic coverage | National |
| Loan size | $50K – $5.0M |
| Interest rate range | 9.5% – 12% |
| Origination points | 1 – 3 |
| Max LTV | 80% of ARV |
| Max LTC | 90% of cost |
| Term lengths | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 10-21 days typical |
Strengths
- broad product suite
- experienced team
- national reach
Ideal borrower
Mid-to-experienced investor with consistent deal flow
How Civic Financial Services compares for Chicago investors
For Chicago metro investors specifically, Civic Financial Services operates as one of multiple national options — competitive on broad product menus but local Chicago lenders sometimes win on relationship and close speed. As an institutional non-QM lender, their underwriting is templated and predictable — fast for experienced borrowers, less flexible for non-standard deals.
Common alternatives in Chicago
- Renovo Financial — Chicago-based, deepest local knowledge
- Kiavi — Tech-forward national leader
- Lima One Capital — Broad product suite, BRRRR-friendly
- Easy Street Capital — STR-DSCR specialist
Civic Financial Services FAQ
Yes — Civic Financial Services operates nationally and regularly funds Chicago-area deals
Civic Financial Services's indicative rate range is 9.5%–12% with 1–3 points. Pricing depends primarily on funded-deals history, deal leverage, and exit certainty.
Civic Financial Services's typical minimum loan is $50K, with maximum loan size up to $5.0M.
Civic Financial Services's typical close timeline is 10-21 days typical. Fast-close depends on documentation quality, title clarity, and underwriting load.
Civic Financial Services offers fix-and-flip, BRRRR, rental, bridge financing. They also do DSCR rental refinance, which makes them a one-stop shop for BRRRR strategies.
Mid-to-experienced investor with consistent deal flow
This review is an independent directory listing. Hard Money Chicago is not affiliated with Civic Financial Services. Rates, terms, and eligibility are determined by the lender and subject to change. Always verify current pricing directly with the lender before relying on any specifics.