Albany is a small, walkable East Bay city between Berkeley and El Cerrito, prized for its top schools and the shop-lined Solano Avenue corridor that gives the town its village feel. Its economy leans on small retail, proximity to UC Berkeley, and a residential base that values compact, transit-friendly living near San Pablo Avenue. The housing stock is largely pre-1950 bungalows and cottages on modest lots, with hillside homes climbing Albany Hill, and investors chase the premium that school-seeking families pay for renovated character homes in a genuinely supply-constrained market.
Fidelity Funding lends directly across the East Bay, underwriting the asset and the plan rather than income documents, which fits Albany's older, closely held housing. We close in five to ten business days, fund up to 90% of purchase plus 100% of rehab, and offer DSCR loans for the durable rental demand tied to Berkeley and the broader Bay Area. Whether you are modernizing a bungalow near the Solano corridor, adding an ADU behind a Memorial Park home, or holding a rental near San Pablo Avenue, our capital matches the pace of a tight, school-driven market.
Standard suburban product in Albany accounts for the bulk of our local volume — the median is around $1.04M and fix-and-flip deals here close on schedule.
Typical Albany deals close in 5 to 7 business days with a straight bridge loan plus rehab line and exit to a retail FHA or conventional buyer. Local pocket coverage includes Solano corridor, San Pablo corridor, Albany Hill, Memorial Park and adjacent Albany submarkets.
Estimated local median: $1.04M · Typical loan range: $679K – $1.31M · Top program: fix-and-flip and DSCR rental
Most Albany private money loans we fund range from $679K to $1.31M, sized against an estimated local median around $1.04M. Loans outside that range are case-by-case based on parcel and scope.
For Albany, our highest-volume program is fix-and-flip and DSCR rental. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
We lend on bungalow and cottage flips, ADU projects, small multifamily, and DSCR rentals along the Solano and San Pablo corridors and near Albany Hill, all on an asset basis.
Yes. Even on modest lots, an ADU can pencil given strong Berkeley-adjacent rents, and our rehab and construction programs cover up to 100% of rehab costs.
Top schools, UC Berkeley proximity, and a walkable core drive steady tenant demand, and our DSCR program qualifies properties on that rental income.
Typically five to ten business days once title and appraisal clear, which helps in a market where quality listings are scarce.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT