Civic Financial Services for Alaska investors
Civic Financial Services (now part of PacWest Bank) is a long-standing national non-QM lender with full product suite. 75% LTV on cash-out refinance.
Alaska context
Alaska has no state income tax. Property values vary widely by region. STR market driven by tourism.
How Civic Financial Services positions in Alaska
The Alaska lender pool for DSCR includes Civic Financial Services among the active platforms. Alaska top metros (Anchorage, Fairbanks, Alaska) see meaningful Civic Financial Services loan volume.
City-level coverage in Alaska
Civic Financial Services provides DSCR coverage across Alaska metros including Anchorage, Fairbanks, and Alaska. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Civic Financial Services program terms apply uniformly across Alaska metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge |
| Loan size | $75K - $2.0M |
| Rates | 9.5%-12% |
| Points | 1 - 3 |
| Max LTV | 80% of ARV |
| Term lengths | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 10-21 days typical |
| Alaska property tax | 1.2% |
| Alaska state income tax | None |
Civic Financial Services strengths in Alaska
- broad product suite
- experienced team
- national reach
Ideal borrower: Mid-to-experienced investor with consistent deal flow
FAQ
Yes, operates nationally including Alaska. Civic Financial Services is based in Redondo Beach, CA and operates nationally.
Anchorage is the top investor market in Alaska and falls within Civic Financial Services national coverage. Anchorage property tax follows the Alaska state rate of 1.2 percent. Civic Financial Services typically underwrites Anchorage acquisitions at standard rate sheets.
Yes. Fairbanks ranks among the larger Alaska investor metros and sees consistent DSCR loan volume from Civic Financial Services. Submarket variation within Fairbanks matters for property selection.
Civic Financial Services applies the same rate sheet across Alaska metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Anchorage, Fairbanks, and Alaska all qualify for the same Civic Financial Services program.
Civic Financial Services indicative DSCR rate range is 9.5 to 12 percent with 1 to 3 points.
Alaska has no state income tax. Property values vary widely by region. STR market driven by tourism. Civic Financial Services follows standard business-purpose loan structures.
Civic Financial Services funds fix-and-flip, BRRRR, rental, bridge in Alaska.
Alaska allows standard DSCR prepay structures; Civic Financial Services typically uses 3-5 year step down.
Civic Financial Services typical close: 10-21 days typical.
Bottom line
For Alaska DSCR borrowers, Civic Financial Services is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Civic Financial Services.