Coronado is a storied island community across the bay from downtown San Diego, defined by the landmark Hotel del Coronado, the picturesque Village grid of Victorian and Craftsman homes, the waterfront Coronado Cays, and the beachfront Coronado Shores high-rises. Home to the North Island Naval Air Station and a major Navy presence, Coronado blends military stability with resort-town affluence, and its scarce, protected land keeps values among the highest in the region. Investors find upside in aging historic Village homes and dated bayfront and beachfront properties ready for high-end renovation.
As a direct, asset-based lender, Fidelity Funding provides the fast, sizable capital Coronado's luxury deals demand — closing in five to ten business days and lending up to $50M on the asset. The historic Village homes reward character-sensitive restoration, the Cays and Shores offer high-end renovation plays, and the Navy presence supports steady rental demand. Our fix-and-flip, construction, bridge, and DSCR programs fit this unique island market.
Coastal demand and constrained supply make Coronado one of the most competitive submarkets in California — most deals close all-cash or with proof of fast private capital.
Our Coronado borrowers usually keep 12 to 18 months of runway built into the loan to absorb permit timelines and protect against coastal market seasonality. Local pocket coverage includes The Village, Coronado Cays, Coronado Shores, Country Club, Glorietta Bay, Coronado Heights and adjacent Coronado submarkets.
Estimated local median: $1.63M · Typical loan range: $1.06M – $2.04M · Top program: luxury fix-and-flip and short-term rental DSCR
Most Coronado private money loans we fund range from $1.06M to $2.04M, sized against an estimated local median around $1.63M. Loans outside that range are case-by-case based on parcel and scope.
For Coronado, our highest-volume program is luxury fix-and-flip and short-term rental DSCR. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
Yes. We finance restoration flips of the Victorian and Craftsman homes in the Village, underwriting on after-repair value including the historic grid's premiums.
It does. North Island Naval Air Station provides steady, reliable rental demand from military personnel and families, which supports DSCR rentals that qualify on the property's income.
We can. Waterfront homes in the Cays qualify on an asset basis, and our programs fund high-end renovations and bridges up to $50M.
Typically five to ten business days. As a direct lender we control underwriting, which matters on scarce island inventory.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT