Civic Financial Services for Oklahoma 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.
Oklahoma context
Oklahoma low property tax. Strong DSCR cash flow. Tornado risk.
How Civic Financial Services positions in Oklahoma
For Oklahoma specifically, Civic Financial Services fits investors who match the hard money approach. The high cash flow profile of Oklahoma aggregate makes it a target market for Civic Financial Services.
City-level coverage in Oklahoma
Civic Financial Services provides DSCR coverage across Oklahoma metros including Oklahoma City, Tulsa, and Norman. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Civic Financial Services program terms apply uniformly across Oklahoma 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 |
| Oklahoma property tax | 0.9% |
| Oklahoma state income tax | 4.75% |
Civic Financial Services strengths in Oklahoma
- broad product suite
- experienced team
- national reach
Ideal borrower: Mid-to-experienced investor with consistent deal flow
FAQ
Yes, operates nationally including Oklahoma. Civic Financial Services is based in Redondo Beach, CA and operates nationally.
Oklahoma City is the top investor market in Oklahoma and falls within Civic Financial Services national coverage. Oklahoma City property tax follows the Oklahoma state rate of 0.9 percent. Civic Financial Services typically underwrites Oklahoma City acquisitions at standard rate sheets.
Yes. Tulsa ranks among the larger Oklahoma investor metros and sees consistent DSCR loan volume from Civic Financial Services. Submarket variation within Tulsa matters for property selection.
Civic Financial Services applies the same rate sheet across Oklahoma metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Oklahoma City, Tulsa, and Norman 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.
Oklahoma low property tax. Strong DSCR cash flow. Tornado risk. Civic Financial Services follows standard business-purpose loan structures.
Civic Financial Services funds fix-and-flip, BRRRR, rental, bridge in Oklahoma.
Oklahoma 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
Oklahoma investors considering Civic Financial Services should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Civic Financial Services.