Programs & Rates


Multifamily Value-Add Bridge Lending

CIVIC Financial Services is a non-bank Multifamily bridge lender. We provide Mortgage Brokers and Real Estate Investors with a fast and cost-effective funding source for their real estate investment needs.

General Guidelines

Value-Add Program

  • No minimum DSCR requirements
  • Up to 80% Loan to Cost
  • Fast Turn Times on Draw Requests
  • Earn-Outs provided
  • Bank Turn downs
  • Fannie and Freddie Fallouts
  • Speed and Leverage

Lending Guidelines

ELIGIBLE LOCATIONSMSA’s within the U.S. and current markets approved by CIVIC
PROPERTY TYPESMultifamily 5-100 Units
LOAN AMOUNT$500k to $10MM
LOAN TERM1, 2 and 3 year loans
LTC/LTVUp to 80% Loan to Cost and maximum 75% LTV of stabilized value
DSCRStabilized Minimum 1.15x DSCR underwritten cash flow using prevailing rates at market rents
PROCESSING FEE & EXPENSE DEPOSIT$5,000 Third Party Deposit Fee to cover actual 3rd party report cost (appraisal, PCA, Environmental, seismic, and site visit, if applicable)
RESERVESExtensive Rehab Loans/No Rehab Advance: 6 months interest + 100% of rehab budget
Extensive Rehab Loans/Rehab Advance: 6 months interest + 20% of rehab budget
No Rehab or Stabilized loans: 4 months interest
SPONSOR / BORROWERCreditworthy individual(s) or entity acceptable to Lender with sufficient liquidity and net worth
BORROWING ENTITYLLC, Corp, Trusts - SPE (single purpose LLC) may be required on some loans
RECOURSENon-recourse, with the exception of industry standard “bad boy” carve outs
PREPAYMENT1yr loans: no minimum interest | 2yr loans: 8 months minimum interest | 3yr loans: 12 months minimum interest
Ready to discuss your multifamily project?
Civic Financial is an Equal Housing Lender

© 2019 Civic Financial All Rights Reserved. Located in Redondo Beach, California, Civic Financial Services LLC is a leading private money lending provider servicing the greater Los Angeles, Dallas, Phoenix, Seattle, Portland, Denver, Miami, South Beach, Tampa, Sarasota, San Diego, San Francisco, Irvine, Las Vegas, San Jose, Riverside, San Bernardino and surrounding communities. Civic specializes in short term, non-owner occupied and investment properties financing utilizing private hard money and bridge loans.

This is not a commitment to lend. Restrictions may apply. LTV limit is based on current, accurate appraised value. Civic Financial Services, LLC reserves the right to amend rates and guidelines. All loans are made in compliance with Federal, State, and Local laws. Civic Financial Services, LLC is a California Finance Lender under NMLS 1099109 and the California Department of Business Oversight License #603L321, AZ Mortgage Broker License #092863, FL Mortgage Lender Servicer License #MLD1536, NV Mortgage License MB4419, NV Broker License #4443, NV NMLS ID #1410002, OR Mortgage Lending License #ML-5282, UT DRE Mortgage Entity License #10570639. Civic Financial Services, LLC is an equal opportunity lender. Powered by - Mortgage Marketing