Colfax is a small historic railroad town in the Placer County Sierra foothills along I-80, a stop on the transcontinental railroad whose compact Downtown still centers on the depot and Main Street. Surrounded by forested canyon country near Cape Horn, Magra, and the Iowa Hill border, Colfax offers a rugged, affordable foothill lifestyle and a housing stock of older homes and rural parcels well below the pricing of the valley suburbs below. Its I-80 access and mountain setting draw buyers seeking value and space in Gold Country.
Fidelity Funding lends directly across California, and our asset-based approach fits Colfax's mix of older homes and rural foothill parcels that conventional lenders often shy from. We underwrite the property and the plan and close in as little as five to seven business days. Whether an investor is renovating an older Downtown home, holding a rural rental on DSCR terms, or bridging a canyon-country purchase near Cape Horn, our capital keeps pace in this affordable foothill market.
For a property in Colfax, 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 Colfax, Cape Horn, Magra, Iowa Hill border and adjacent Colfax submarkets.
Illustrative property value: $675K · Illustrative financing range: $439K – $844K · Programs to discuss: historic-district fix-and-flip and small commercial
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 $439K to $844K range below is an illustration, not funded-loan history or an offer.
Options to discuss include historic-district fix-and-flip and small commercial, subject to eligibility and underwriting. A loan officer can review whether bridge, construction, commercial, or DSCR financing fits your property and exit strategy.
Yes, foothill pricing here sits well below the valley suburbs, drawing value-add investors. We size loans on the asset rather than personal income.
Absolutely. As an asset-based lender we can finance rural and canyon-country properties near Cape Horn and Magra that conventional lenders often decline.
Yes. Older Downtown Colfax homes are value-add candidates, and we cover up to 100% of rehab costs on an asset basis.
As fast as five to seven business days once title and appraisal clear, since we make decisions in-house as a direct lender.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT