Paramount is a compact Southeast LA city with a strong industrial base and a housing stock of modest postwar single-family homes and older small multifamily, much of it near Downtown Paramount and the Compton corridor. The Paramount Industrial district and the city's location along the 710 and 91 tie it directly into the logistics and manufacturing economy that anchors the region's job market. Affordability relative to nearby cities keeps it a steady, high-turnover market for value-add investors.
Fidelity Funding lends directly to Paramount investors, sizing loans on the asset so you can move quickly in a price-sensitive submarket. A California lender since 2006, we fund in 5 to 10 business days at rates from 9.99%, with up to 90% of cost plus 100% of rehab. Whether you are flipping a dated home near the Hollydale border or repositioning a fourplex, our fast, in-house decisions help you lock deals before slower financing can respond.
Paramount is a steady California submarket where owner-user comp sets are clean, appraisals turn quickly, and $808K-band fix-and-flip inventory absorbs reliably.
Investor exits in Paramount skew to first-time-buyer owner-users, so we size rehab tranches against the lower-quartile of the $808K median for downside protection. Local pocket coverage includes Downtown Paramount, Paramount Industrial, Hollydale border, Compton corridor and adjacent Paramount submarkets.
Estimated local median: $808K · Typical loan range: $525K – $1.01M · Top program: fix-and-flip and DSCR rental
Most Paramount private money loans we fund range from $525K to $1.01M, sized against an estimated local median around $808K. Loans outside that range are case-by-case based on parcel and scope.
For Paramount, our highest-volume program is fix-and-flip and DSCR rental. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
Mostly cosmetic single-family flips and older duplex-to-fourplex repositioning, plus occasional ADU additions where the lot allows.
Yes. Its working population and proximity to industrial and logistics employment keep rental demand steady, which supports DSCR loans.
Up to 100% of rehab alongside up to 90% of purchase, capped at 75% of after-repair value, keeping your out-of-pocket cash low.
Typically 5 to 10 business days, and as fast as 5-7 with a clean file, since we make lending decisions in-house.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT