Ten thousand financed loans represent 10,000 opportunities seized for our clients to achieve their real estate investment objectives. This is a significant achievement for the private lending industry, and we are proud to achieve it so early in our company’s history.
REDONDO BEACH, Calif. (PRWEB)
November 30, 2020
Civic financial services, a leading private institutional lender of real estate investor finance, announced that it has funded more than 10,000 loans since its inception in 2014, making the company the dominant lender in the industry.
This achievement was CIVIC’s second funding milestone of the year. The company, which lends money to finance investment property, reached a historic funding volume of $ 4 billion just two months ago – a phenomenal amount for a private lender.
“Ten thousand funded loans represent 10,000 seized opportunities for our clients to achieve their real estate investment goals,” said CIVIC President William J. Tessar. “This is a significant achievement for the private lending industry, and we are proud to have achieved it early in our business history. CIVIC was founded to meet the financing needs of investors who do not meet traditional lending criteria. I am very proud to be a trusted financial partner for our clients. “
It was a landmark year for CIVIC in many ways. The company recently ranked second on the list of Best Mortgage Workplaces and was recognized as a Best Mid-Size Workplace by Fortune and Great Place to Work®. CIVIC Senior Vice President of Digital Innovation Matt Flores and Senior Vice President of Wholesale Lending Ben Shaevitz also won industry leadership awards this year.
The company is on track to surpass $ 1 billion in funding for 2020, Tessar added.
“The collective success of these milestones and beyond is a testament to our valued partners and the talented members of the CIVIC team,” he said. “We are delighted with what 2021 has in store for us.”
Civic Financial Services, LLC is a leading institutional private money lender specializing in the financing of unoccupied investment property. Having funded more than $ 4 billion and 10,000 loans, CIVIC helps resourceful investors take advantage of opportunities to grow their real estate portfolios. As a direct lender offering a range of financing solutions for retail, wholesale and correspondent channels, CIVIC manages all operations internally so that loans are managed tightly, quickly and efficiently. For more information, please visit http://www.civicfs.com.
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