Bishop is the largest town in the Owens Valley and the commercial hub of the Eastern Sierra, sitting where Highway 395 meets the recreation gateways to the mountains, the fishing waters of Bishop Creek, and the corridor between Mammoth Lakes and the Southern California desert. Downtown Bishop keeps a walkable Main Street of shops, motels, and the bakeries the town is known for, while West Bishop and South Bishop hold a mix of older single-family homes, ranch properties, and newer builds. The economy blends tourism, agriculture, LADWP land dynamics, and the year-round trade that comes from being the only real service center for a vast rural region.
Fidelity Funding lends directly across Inyo County and underwrites on the asset and the plan, not a borrower's tax returns. That approach fits Bishop, where the housing is older, land ownership is unusual, and steady visitor traffic supports both rentals and small commercial. Whether you are flipping a West Bishop fixer, holding a DSCR rental near downtown, or financing a small commercial building along Main Street, we close in as little as five to seven business days and fund up to 90% of purchase plus 100% of rehab.
Bishop is part of the high-desert corridor in California, where DSCR rental yields run high relative to the $224K entry basis.
Investor exits in Bishop usually involve a DSCR refi once the property is leased — we structure bridge loans so the refi takeout pencils on day one. Local pocket coverage includes Downtown Bishop, West Bishop, South Bishop, Bishop Creek and adjacent Bishop submarkets.
Estimated local median: $224K · Typical loan range: $146K – $280K · Top program: DSCR rental and fix-and-flip
Most Bishop private money loans we fund range from $146K to $280K, sized against an estimated local median around $224K. Loans outside that range are case-by-case based on parcel and scope.
For Bishop, our highest-volume program is DSCR rental and fix-and-flip. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
We lend on single-family flips, small multifamily, DSCR rentals, and small commercial across Downtown Bishop, West Bishop, and South Bishop, all on an asset basis.
It can be, since it is the region's only real service center, supporting steady year-round rental demand. Our DSCR loans qualify on rental income rather than personal income.
As fast as five to seven business days once title and valuation clear, with a typical range of five to ten.
Yes, we fund small commercial and mixed-use buildings along the Main Street corridor, sizing the loan to the property and your exit plan.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT