Palmdale anchors the southern Antelope Valley and lives and breathes aerospace — Plant 42, Northrop, Lockheed, and Boeing work draws a defense-engineering workforce that fuels housing demand along the Sierra Highway spine and out toward Rancho Vista and Anaverde. The city grew fast through the 1980s and 1990s, so its neighborhoods carry a deep bench of tract homes in East and West Palmdale, alongside newer master-planned pockets near Joshua Hills and the Quartz Hill border. For investors, that means abundant affordable inventory and a tenant base with stable, well-paying defense jobs.
As a direct, asset-based lender, Fidelity Funding underwrites Palmdale deals on the numbers that matter — the property, the rehab budget, and the exit. We do not make investors wait on a bank committee, and we close in five to ten business days. From a cosmetic flip in East Palmdale to a ground-up build in Anaverde or a DSCR rental leased to a Plant 42 engineer, our fix-and-flip, construction, bridge, and DSCR programs match the range of plays this high-desert market rewards.
Palmdale pricing reflects a working high-desert market where investor yields out-perform coastal California on a per-dollar basis around the $553K benchmark.
Most Palmdale loans we fund are DSCR rental holds where the entry basis around $553K supports double-digit cash-on-cash yields. Local pocket coverage includes Anaverde, Rancho Vista, East Palmdale, West Palmdale, Joshua Hills, Quartz Hill and adjacent Palmdale submarkets.
Estimated local median: $553K · Typical loan range: $359K – $691K · Top program: DSCR rental and fix-and-flip
Most Palmdale private money loans we fund range from $359K to $691K, sized against an estimated local median around $553K. Loans outside that range are case-by-case based on parcel and scope.
For Palmdale, our highest-volume program is DSCR rental and fix-and-flip. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
The aerospace and defense workforce at Plant 42 and surrounding contractors provides a steady stream of well-paid tenants, which supports our DSCR rental underwriting throughout Rancho Vista, East Palmdale, and Anaverde.
Yes. Our construction program funds ground-up builds and infill in growth areas like Anaverde and Joshua Hills, with draws tied to completed work.
Absolutely. Older 1980s and 1990s tracts are prime flip and rental candidates, and we lend on them based on the asset and rehab plan rather than the age of the home.
Rates start at 9.99%, and loans range from $50K to $50M. Terms depend on the property type, leverage, and exit strategy for your specific deal.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT