Monterey is a storied Central Coast city where California's first capital, the historic Old Town adobes, Cannery Row, and the Monterey Bay Aquarium draw millions of visitors a year, all set against a dramatic coastline near the Pebble Beach border. Its housing runs from early-1900s cottages and Spanish revivals in New Monterey and Old Town to wooded hillside homes in Skyline Forest and Aguajito and beachfront property near Del Monte Beach. Tourism, the Naval Postgraduate School, and defense-language institute employment anchor the economy, while limited coastal inventory and visitor demand keep both resale values and short-term-rental potential high.
As a direct, asset-based lender, Fidelity Funding funds Monterey investors on the deal rather than income documents, comfortable with coastal price points. We finance coastal flips and restorations, short-term-rental acquisitions near the attractions, ADU additions, and DSCR rentals serving the institute and hospitality workforce. Lending across California since 2006 with rates from 9.99%, closings in 5 to 10 business days, and loans to $50M, we give Central Coast investors the speed to win scarce, high-value Monterey deals.
For a property in Monterey, 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 Old Town Monterey, Cannery Row, New Monterey, Skyline Forest, Pebble Beach border, Aguajito and adjacent Monterey submarkets.
Illustrative property value: $1.52M · Illustrative financing range: $986K – $1.9M · Programs to discuss: luxury fix-and-flip and short-term rental DSCR
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 $986K to $1.9M range below is an illustration, not funded-loan history or an offer.
Options to discuss include luxury fix-and-flip and short-term rental DSCR, subject to eligibility and underwriting. A loan officer can review whether bridge, construction, commercial, or DSCR financing fits your property and exit strategy.
Visitor demand near Cannery Row and the aquarium is strong, but STRs are governed by local rules, so we underwrite realistic, compliant income scenarios. We do not offer legal advice.
Yes. New Monterey cottages and Old Town adobes restore into premium coastal resale, and we lend to the after-repair value.
It is. The NPS and language institute, plus hospitality employment, sustain steady rental demand for DSCR holds.
We lend from $50K to $50M, covering Monterey's higher-value coastal flips and estates.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT