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.
Colfax draws design-driven buyers, and tasteful restorations in the $675K price band consistently outperform comparable cosmetic flips.
Typical Colfax rehab loans are scoped around restoration-grade finishes that match the historic-district character — that detail consistently lifts resale values above the $675K median. Local pocket coverage includes Downtown Colfax, Cape Horn, Magra, Iowa Hill border and adjacent Colfax submarkets.
Estimated local median: $675K · Typical loan range: $439K – $844K · Top program: historic-district fix-and-flip and small commercial
Most Colfax private money loans we fund range from $439K to $844K, sized against an estimated local median around $675K. Loans outside that range are case-by-case based on parcel and scope.
For Colfax, our highest-volume program is historic-district fix-and-flip and small commercial. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
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