Overview
Civic Financial Services (based in Redondo Beach, CA, hard money) and Renovo Financial (based in Chicago, IL, hard money) are both non-QM lenders serving real estate investors. Civic Financial Services serves National; Renovo Financial serves Chicago / national.
Civic Financial Services's figures were checked against its published materials as of 2026-09-17; the other lender's figures below are not independently dated and should be confirmed directly. Rates and terms change and are not a quote for either lender.
Civic Financial Services vs Renovo Financial: attribute by attribute
| Attribute | Civic Financial Services | Renovo Financial |
|---|---|---|
| Interest rate range | 9.5%–12% | 9.5%–12.5% |
| Origination points | 1–3 points | 1–3 points |
| Minimum credit score | 660 | Not publicly published |
| Minimum DSCR | 1.05 | Not publicly published |
| Max LTV | 80% | 85% |
| Max LTC | 90% | 90% |
| Minimum loan size | $75K | $100K |
| Maximum loan size | $2.0M | $5.0M |
| Entity vesting | LLC required | Not publicly published |
| Typical close time | 10-21 days typical | 7-14 days typical |
| Founded | 2014 | 2011 |
| Headquarters | Redondo Beach, CA | Chicago, IL |
Which one fits which borrower
- Civic Financial Services publishes a minimum DSCR of 1.05; Renovo Financial does not publish a minimum DSCR figure, so its coverage floor cannot be compared directly.
- Civic Financial Services publishes a minimum credit score of 660; Renovo Financial does not publish one.
- Renovo Financial's max LTV is 85% against Civic Financial Services's 80% — on the same purchase price, Renovo Financial's published leverage lets a borrower put down less cash.
- Civic Financial Services's minimum loan size is $75K, below Renovo Financial's $100K floor — Civic Financial Services is the fit for a smaller deal that would fall under Renovo Financial's minimum.
- Renovo Financial's maximum loan size is $5.0M, above Civic Financial Services's $2.0M ceiling — a larger transaction may need to go to Renovo Financial.
- Civic Financial Services requires LLC vesting; Renovo Financial does not publish a position on LLC vesting. That is a real structural difference for a borrower deciding how to hold title.
- Renovo Financial was founded in 2011, 3 years before Civic Financial Services (founded 2014) — longer time in the market, not a claim about which underwrites better today.
Full profiles
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- Renovo Financial full profile and review
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Civic Financial Services vs Renovo Financial FAQ
Civic Financial Services's published rate range is 9.5%–12%. Renovo Financial's published rate range is 9.5%–12.5%. Both ranges depend on credit, leverage, DSCR coverage and borrower experience, so where a specific deal prices inside either range varies.
Civic Financial Services publishes a minimum credit score of 660. Renovo Financial does not publish a minimum credit score.
Civic Financial Services's minimum DSCR is 1.05. Renovo Financial does not publish a minimum DSCR.
Civic Financial Services's loan size runs $75K to $2.0M. Renovo Financial's loan size runs $100K to $5.0M.
Civic Financial Services's typical close time is 10-21 days typical. Renovo Financial's typical close time is 7-14 days typical. Actual timelines depend on documentation, title work and underwriting load regardless of lender.
Civic Financial Services requires LLC vesting. Renovo Financial does not publish a position on LLC vesting.
This comparison is an independent directory listing. DSCR Loan Program is not affiliated with Civic Financial Services or Renovo Financial, receives no payment for placement, and does not rank lenders in exchange for compensation. Rates, terms, and eligibility are determined by each lender and subject to change. Always verify current pricing directly with the lender before relying on any specifics.