Civic Financial Services vs. New Silver
A side-by-side on the fields both lenders publish, followed by a read on where they actually differ.
| Criteria | Civic Financial Services Verified 17 Sep 2026 | New Silver Verified 17 Sep 2026 |
|---|---|---|
| Type | hard money | hard money |
| Headquarters | Redondo Beach, CA | West Hartford, CT |
| Founded | 2014 | 2018 |
| Geographic focus | National | National |
| Products | fix-and-flip, BRRRR, rental, bridge | fix-and-flip, BRRRR, rental, bridge |
| Loan size range | $75,000–$2,000,000 | $100,000–$3,000,000 |
| Max LTV | 80% | 85% |
| Max LTC | 90% | 90% |
| Min credit score | 660 | 660 |
| Min DSCR | 1.05 | 0.75 |
| Terms | 12-24 months (hard money) / 30-year (rental) | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 10-21 days typical | 5-14 days typical |
| Rate range | 9.5%–12% | 9.5%–11.75% |
| Points | 1–3 pts | 1–3 pts |
Where they actually differ
New Silver sets its DSCR floor at 0.75; Civic Financial Services wants 1.05. A property that clears the lower bar but not the higher one is exactly what this difference decides.
Leverage: Civic Financial Services tops out at 80% LTV / 90% LTC, against 85% / 90% at New Silver. More leverage means less cash to close and a thinner equity cushion — which side of that trade matters depends on how much cash the deal has to begin with.
Pricing: Civic Financial Services quotes 9.5%–12% and 1–3 points; New Silver quotes 9.5%–11.75% and 1–3 points. Where a specific file lands inside either range depends on leverage, credit and property type.
Loan sizing runs $75,000–$2,000,000 at Civic Financial Services and $100,000–$3,000,000 at New Silver — a gap that mostly matters at either end of the range.
Civic Financial Services
An LLC-titled investor who can qualify at Civic's 1.05 DSCR floor and 660 credit score for the 30-year rental exit
New Silver
A newer investor who wants fast, tech-driven underwriting and can qualify at a 0.75 DSCR and 660 credit score across New Silver's 39-state footprint