CV3 Financial Services, a private lender focused on real estate investment financing, has announced a major achievement: surpassing $1 billion in private money loans in less than a year since its inception. This accomplishment underscores the company’s rapid growth and success in a dynamic market. Founded by William J. Tessar, the former President of CIVIC Financial Services, CV3 provides financing to real estate investors for a variety of projects, including fix-and-flip, rental properties, and ground-up construction loans.
“It’s been an exceptional first year for our team, marked by tremendous growth and significant milestones,” said William Tessar, CEO of CV3. “We launched in September 2023, initially lending in 21 states, and have since expanded our national footprint to 35 states. We began with bridge and rental financing, and recently introduced ground-up construction financing. We reached our first $100 million funding month in July and have maintained a strong upward trajectory ever since.”
The company’s rapid growth reflects its commitment to providing efficient and streamlined financing solutions for real estate investors. They offer a digital lending platform designed to simplify the loan process, with all aspects, from processing and underwriting to funding and servicing, handled in-house. This ensures a seamless experience for clients, providing direct answers and quick closings for their real estate investment financing needs.
CV3 is also launching ServEaseTM, a dedicated servicing division, to handle loan payments, payoffs, and asset management for its lending portfolio. ServEase ensures that customers receive the same high level of service and support they have come to expect from CV3 throughout the life of their loan.
“It’s rewarding to have achieved such unprecedented growth and success despite the headwinds and challenges facing the mortgage and real estate industry,” Tessar stated. “Every milestone we’ve achieved is a testament to our 200 experienced and dedicated employees, who are committed to delivering the highest level of professionalism and customer service every single day.”
“We are extremely grateful to our loyal customers and partners who have joined us on this unconventional journey,” Tessar continued. “When we began, we set out with the vision to reimagine what a private lender could and should be. We aimed to become the #1 capital partner for all our customers’ financing needs, and we’re well on our way to achieving that goal.”
CV3 Financial Services is a private lender providing business purpose loans for non-owner-occupied properties to real estate investors in 35 states. Their financing options include bridge, fix-and-flip rehab loans, rental property financing, and new construction loans. With a digital lending platform designed to simplify the loan process, and all processing, underwriting, funding, and servicing handled under one roof, CV3 delivers direct answers and quick closings for clients’ real estate investment financing needs.
For more information, visit https://www.cv3financial.com.
