Toby Newhouse joins Civic Financial Services to spearhead the private money lender’s expansion into the Pacific Northwest

| Redondo Beach, CA | March 6, 2018 – Civic Financial Services is pleased to announce the onboarding of Toby Newhouse in conjunction with the expansion of its presence in the Northwest region. Newhouse comes to CIVIC with 18 years of experience in the mortgage industry and will serve as Branch Manager for the lender’s very first Washington state location.

Founded in 2014, CIVIC has emerged from start-up to frontrunner – its growth accelerating even more so since the appointment of visionary lending leader William J. Tessar as President in March of 2017. “Establishing a strong presence in the Northwest space is part of our 2018 strategic plan, and there is no better fit than Toby Newhouse to bring this blueprint to life,” said Tessar. “CIVIC’s low cost of capital allows Toby to deliver loans at significantly lower pricing compared to others in the region’s marketplace. With sharp pricing and product selection, coupled with CIVIC’s expertise in valuation and default resolution, Toby is poised to provide the Northwest investor with a level of service never before experienced.”

Prior to joining CIVIC, Newhouse most recently served as Business Development Executive for Rain City Capital LLC, a hard money lender based in Kirkland, WA. Throughout his career Newhouse also served as Territory Manager, Sales Manager and Account Executive at other such companies including Merit Financial and Iron Planet, where he consistently exceeded sales quotas year after year. With a proven track record as a decorated top producer in the Northwest private lending space, CIVIC is now the prime benefactor of Newhouse’s reputation, professionalism and regional expertise.

In making the decision to join Civic Financial Services, Newhouse said “CIVIC has an impressive history and financial backing, it is enduring sharp and healthy growth, and it delivers an array of product lines with all operations managed in-house. Collectively, this makes me a one-stop-shop for contributing to the success of my clients.”

In speaking to Newhouse’s role in the CIVIC expansion, Tessar said “We are excited to help Toby build a team and serve the Northwest community. With Toby’s honest reputation and commitment to his craft, combined with CIVIC’s business development and digital marketing presence, we look forward to the growth and service opportunities our alliance will bring to the region.”

CIVIC’s expansion into the Northwest will begin in Kirkland, WA and continue throughout Seattle, Spokane and into Oregon as well.

For more information on CIVIC private lending, visit or call 877-472-4842.


CIVIC FINANCIAL SERVICES is a private money lender, specializing in the financing of non-owner occupied investment properties. CIVIC was created by its parent companies, Wedgewood and HMC Assets LLC, to serve investors who don’t fit traditional lending criteria. Wedgewood and HMC, two of the most respected names in residential real estate, provide CIVIC with unparalleled valuation expertise in the real estate vertical as well as access to low-cost capital. With these resources, CIVIC is able to keep all operations in-house so loans are managed more closely, quickly, and efficiently.

In addition to his sales experience, Toby Newhouse is also the founder and president of Legends Baseball Club, a non-profit organization whose mission is to provide child athletes with the skills they need to play at the collegiate level.


Private lending producer

William J. Tessar, President of Civic Financial Services, welcomes Toby Newhouse to the CIVIC family.

Private lending producer

Whit McCarthy and Jack Helfrich, CIVIC Directors of Sales, welcome Toby Newhouse to the team.

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