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Alex Bekeza
  • Lender
  • Los Angeles, CA
825
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1,545
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Civic Financial has frozen their pipeline! We are here to save your deals!

Alex Bekeza
  • Lender
  • Los Angeles, CA
Posted Jan 24 2023, 13:37

Civic Financial has long been one of the most competitive names in the space.  Unfortunately, they appear to be going through serious liquidity issues and have informed clients that their fundings are frozen for the next 1-2 months, they let go of their legendary CEO Bill Tessar on Friday, and it would appear that they are fading out of business.

Nonetheless, we can offer HIGHER leverage and LOWER rates and save your deal.  Please reach out if you are part of the collateral damage.

Fix and Flip and/or BRRRR Purchase Financing

Please complete this quick questionnaire if you'd like us to dial in a quote! - Fix and Flip Quote Request

12, 18, or 24 Month Term Options

NO Prepayment Penalty (*ask about our 90 day seasoning products for 75% cash out on BRRRRs*)

Up to 90% of purchase price + 100% of rehab (not to exceed 75% ARV) *some zip codes are capped at lower ARVs*

Interest Only Payments (interest is only paid on drawn balance)

Rates start in the 9s

Minimum 700 FICO

LLC Required

1st Time Investors Ok (if they own primary residence)

Loan Amounts from $100,000-$1,500,000 (larger loan amounts available at reduced LTC/ARV)

1-4 Unit Residential Properties Only

Available in AL + AR + CA + CO + FL + GA + MA + MO + OH + OK + PA + SC + TN + WA + Washington DC



See what my Bigger Pockets clients are saying -- > Client References
See what others are saying on Google Reviews & Yelp Reviews

User Stats

133
Posts
148
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Eric Yu
  • Real Estate Agent
  • Seattle Investor: 3 STR 🏘 1 MTR
148
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133
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Eric Yu
  • Real Estate Agent
  • Seattle Investor: 3 STR 🏘 1 MTR
Replied Jan 24 2023, 15:28

Love it & love your advertising haha

User Stats

1,545
Posts
825
Votes
Alex Bekeza
  • Lender
  • Los Angeles, CA
825
Votes |
1,545
Posts
Alex Bekeza
  • Lender
  • Los Angeles, CA
Replied Jan 24 2023, 15:35

@Eric Yu Now I just need a pro like you to help me make some reels! hahah