Oroville is the seat of Butte County, a historic town on the Feather River where the Gold Rush, the massive Oroville Dam, and the lake behind it have all shaped its identity. Downtown Oroville keeps a walkable historic core with brick buildings and the old Chinese Temple, while Kelly Ridge to the east sits near the lake and dam with newer and larger homes, and South Oroville and Thermalito to the west hold more affordable, older housing. The economy blends government, healthcare, agriculture, and recreation, and pricing across the city runs well below Chico, giving investors meaningful room on entry.
Fidelity Funding lends directly across Butte County and underwrites on the asset and the plan rather than a borrower's income documents. That flexibility suits Oroville, where affordable older housing offers steady value-add work and lake-adjacent properties draw a different buyer. Whether you are flipping a South Oroville fixer, holding a DSCR rental, or bridging into a Kelly Ridge purchase near the lake, we close in five to ten business days and fund up to 90% of purchase plus 100% of rehab.
Standard suburban product in Oroville accounts for the bulk of our local volume — the median is around $366K and fix-and-flip deals here close on schedule.
Typical Oroville deals close in 5 to 7 business days with a straight bridge loan plus rehab line and exit to a retail FHA or conventional buyer. Local pocket coverage includes Downtown Oroville, South Oroville, Thermalito, Kelly Ridge and adjacent Oroville submarkets.
Estimated local median: $366K · Typical loan range: $238K – $457K · Top program: fix-and-flip and DSCR rental
Most Oroville private money loans we fund range from $238K to $457K, sized against an estimated local median around $366K. Loans outside that range are case-by-case based on parcel and scope.
For Oroville, our highest-volume program is fix-and-flip and DSCR rental. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
Generally yes, entry pricing runs below Chico, leaving more room for value-add work. We underwrite on the asset and your plan rather than requiring extensive income history.
Yes. We finance purchases and bridges on larger lake-oriented homes near Kelly Ridge, sizing the loan to the property and your exit.
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 suits the affordable older stock in South Oroville and Thermalito.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT