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.
Monterey sits at the high end of the California coastal market, where waterfront and bluff-view parcels rarely trade and capital efficiency decides which investors win bids.
Investors active in Monterey typically draw down rehab capital in three to four stages — foundation/structural, MEP, finishes, and final staging — and exit to a custom-buyer sale or short-term rental DSCR refi. Local pocket coverage includes Old Town Monterey, Cannery Row, New Monterey, Skyline Forest, Pebble Beach border, Aguajito and adjacent Monterey submarkets.
Estimated local median: $1.52M · Typical loan range: $986K – $1.9M · Top program: luxury fix-and-flip and short-term rental DSCR
Most Monterey private money loans we fund range from $986K to $1.9M, sized against an estimated local median around $1.52M. Loans outside that range are case-by-case based on parcel and scope.
For Monterey, 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.
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