Gridley is a small agricultural city in southern Butte County, set in the rice, kiwi, and orchard country of the Sacramento Valley along Highway 99, where the town's farming heritage still drives the economy and defines its rhythm. Downtown Gridley holds a compact historic main street serving the surrounding farms, while South Gridley, East Gridley, and the Magnolia corridor carry older single-family homes, ranch properties, and modest newer builds. Pricing runs affordable relative to Chico and the coast, and the steady agricultural workforce supports consistent, if modest, housing demand.
Fidelity Funding lends directly across Butte County and underwrites on the asset and the plan rather than a borrower's income documents. That approach fits an ag town where much of the housing is older and conventional financing options are limited. Whether you are flipping a dated Magnolia corridor home, holding a DSCR rental backed by the farm economy, or financing a small commercial building downtown, we close in five to ten business days and fund up to 90% of purchase plus 100% of rehab.
Gridley's combination of $231K-range housing basis and steady working-population rental demand produces some of the cleaner DSCR yields in California.
Most Gridley files we fund are DSCR rental holds against a $231K-range entry basis with steady working-population tenant demand. Local pocket coverage includes Downtown Gridley, South Gridley, Magnolia corridor, East Gridley and adjacent Gridley submarkets.
Estimated local median: $231K · Typical loan range: $150K – $289K · Top program: DSCR rental and small commercial
Most Gridley private money loans we fund range from $150K to $289K, sized against an estimated local median around $231K. Loans outside that range are case-by-case based on parcel and scope.
For Gridley, our highest-volume program is DSCR rental and small commercial. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
We lend on single-family flips, small multifamily, DSCR rentals, and small commercial across Downtown Gridley, South Gridley, and the Magnolia corridor, all on an asset basis.
Yes, entry pricing runs below Chico and the coast, and the steady farm workforce supports rental demand. Our DSCR loans qualify on rental income.
As fast as five to seven business days once title and valuation clear, typically within five to ten as a direct lender.
Yes, our programs cover up to 100% of rehab, which helps with Gridley's older, affordable housing stock.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT