Chico is the largest city in Butte County and the economic anchor of the northern Sacramento Valley, a college town built around California State University, Chico and defined by its tree-lined grid, the sprawling Bidwell Park, and a walkable Downtown Chico full of brick storefronts and restaurants. The Chico State area and the historic Avenues neighborhood hold dense, older housing that has long served the student rental market, while planned communities like California Park offer newer homes around lakes and greenbelts. The city absorbed significant population growth after the 2018 Camp Fire, adding pressure to an already active housing market.
Fidelity Funding lends directly across Butte County and underwrites on the asset and the plan rather than a borrower's W-2 history. That fits Chico's mix of student rentals, older value-add homes, and newer builds. Whether you are flipping a dated Avenues bungalow, holding a DSCR rental near Chico State, or bridging into a California Park purchase, we close in as little as five to seven business days and fund up to 90% of purchase plus 100% of rehab.
For a property in Chico, California, start with the purchase price, scope of work, current comparable sales, and planned exit. Local conditions vary by parcel and should be verified before making an offer.
Discuss acquisition, rehab, and rental financing with a loan officer. Program suitability depends on the property and borrower rather than the city name alone. Local pocket coverage includes Downtown Chico, Chico State area, Avenues, California Park and adjacent Chico submarkets.
Illustrative property value: $366K · Illustrative financing range: $238K – $457K · Programs to discuss: fix-and-flip and DSCR rental
These model-generated examples use a county reference value and a property-market multiplier. They are not measured city medians, current market quotes, appraisals, or evidence of loans funded. Actual loan sizing depends on the property, acquisition and rehab costs, and underwriting.
Loan sizing depends on property valuation, acquisition and rehab costs, borrower qualifications, and program limits. The $238K to $457K range below is an illustration, not funded-loan history or an offer.
Options to discuss include fix-and-flip and DSCR rental, subject to eligibility and underwriting. A loan officer can review whether bridge, construction, commercial, or DSCR financing fits your property and exit strategy.
Yes. The Chico State area and Avenues support consistent student demand, and our DSCR loans qualify on the property's rental income rather than personal income.
Absolutely. We fund flips on dated bungalows and older homes throughout the Avenues and near downtown, covering up to 100% of rehab on an asset basis.
As fast as five to seven business days once title and valuation clear, which helps in Chico's competitive, growth-pressured market.
Yes, we finance purchases, bridges, and rentals in California Park and other newer areas, underwriting the property and your exit.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT