El Cerrito is a walkable East Bay suburb between Berkeley and Richmond, connected by two BART stations and the San Pablo Avenue commercial spine that carries its small-business economy. Its housing stock leans toward pre-war and postwar bungalows and mid-century homes, many climbing the hills of El Cerrito Hills and Mira Vista for bay views, with flatter tracts near the Richmond Annex and Del Norte areas. Investors are drawn by the town's strong transit access to San Francisco and Berkeley, view-lot upside in the hills, and demand for renovated character homes from buyers priced out of Berkeley.
Fidelity Funding lends directly throughout the East Bay, underwriting the asset and the plan rather than income documents. We close in as little as five to seven business days, fund up to 90% of purchase plus 100% of rehab, and offer DSCR loans for the durable transit-driven rental demand. Whether you are flipping a Mira Vista hillside bungalow, adding an ADU near Del Norte, or holding a rental near BART, our capital keeps you competitive in a supply-tight, commuter-friendly market.
El Cerrito fits the classic suburban California fix-and-flip profile: a $808K median, predictable comp sets, and a deep first-time-buyer pool.
Most El Cerrito loans we fund are standard cosmetic or cosmetic-plus-kitchens flips with predictable 4 to 6 month timelines and clean comp sets. Local pocket coverage includes El Cerrito Hills, Mira Vista, Richmond Annex, Del Norte and adjacent El Cerrito submarkets.
Estimated local median: $808K · Typical loan range: $525K – $1.01M · Top program: fix-and-flip and DSCR rental
Most El Cerrito private money loans we fund range from $525K to $1.01M, sized against an estimated local median around $808K. Loans outside that range are case-by-case based on parcel and scope.
For El Cerrito, our highest-volume program is fix-and-flip and DSCR rental. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
We lend on bungalow and mid-century flips, ADU projects, small multifamily, and DSCR rentals across El Cerrito Hills, Mira Vista, Richmond Annex, and Del Norte on an asset basis.
Yes. Our programs cover hillside remodels and value-add work in El Cerrito Hills and Mira Vista, sized to the after-repair value and the specific site.
Two BART stations and Berkeley proximity drive steady tenant demand, and our DSCR loans qualify properties on their rental income rather than personal returns.
As fast as five to seven business days once title and appraisal clear, because we are the direct lender making the decision.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT