Civic Financial Services for Mississippi 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.
Mississippi context
Mississippi deep cash flow market. Gulf Coast STR active.
How Civic Financial Services positions in Mississippi
The Mississippi lender pool for DSCR includes Civic Financial Services among the active platforms. Mississippi top metros (Jackson, Gulfport, Hattiesburg) see meaningful Civic Financial Services loan volume.
City-level coverage in Mississippi
Civic Financial Services provides DSCR coverage across Mississippi metros including Jackson, Gulfport, and Hattiesburg. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Civic Financial Services program terms apply uniformly across Mississippi 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 |
| Mississippi property tax | 0.8% |
| Mississippi state income tax | 4.7% |
Civic Financial Services strengths in Mississippi
- broad product suite
- experienced team
- national reach
Ideal borrower: Mid-to-experienced investor with consistent deal flow
FAQ
Yes, operates nationally including Mississippi. Civic Financial Services is based in Redondo Beach, CA and operates nationally.
Jackson is the top investor market in Mississippi and falls within Civic Financial Services national coverage. Jackson property tax follows the Mississippi state rate of 0.8 percent. Civic Financial Services typically underwrites Jackson acquisitions at standard rate sheets.
Yes. Gulfport ranks among the larger Mississippi investor metros and sees consistent DSCR loan volume from Civic Financial Services. Submarket variation within Gulfport matters for property selection.
Civic Financial Services applies the same rate sheet across Mississippi metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Jackson, Gulfport, and Hattiesburg 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.
Mississippi deep cash flow market. Gulf Coast STR active. Civic Financial Services follows standard business-purpose loan structures.
Civic Financial Services funds fix-and-flip, BRRRR, rental, bridge in Mississippi.
Mississippi 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
Civic Financial Services in Mississippi works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Civic Financial Services.