Placerville is the historic El Dorado County seat, a Gold Rush town once known as Hangtown whose colorful past still animates its well-preserved Main Street of brick storefronts, saloons, and the landmark bell tower. Set in the Sierra foothills along Highway 50 between Sacramento and Lake Tahoe, Placerville anchors the Apple Hill and Coloma-corridor wine and orchard country, with a housing stock spanning historic Downtown homes to rural parcels near the Diamond Springs border. Its charm, tourism, and commuter access keep demand steady.
Fidelity Funding lends directly across California, and our asset-based approach fits Placerville's mix of historic value-add stock and rural foothill properties. We underwrite the property and the plan and close in as little as five to seven business days. Whether an investor is restoring a historic Downtown home, holding a rental on DSCR terms backed by commuter and tourism demand, or bridging a Coloma-corridor purchase, our capital keeps pace in this distinctive and tourism-fueled Gold Country market where the right listing rarely lingers.
Placerville draws design-driven buyers, and tasteful restorations in the $640K price band consistently outperform comparable cosmetic flips.
Typical Placerville rehab loans are scoped around restoration-grade finishes that match the historic-district character — that detail consistently lifts resale values above the $640K median. Local pocket coverage includes Downtown Placerville, Hangtown, Coloma corridor, Diamond Springs border and adjacent Placerville submarkets.
Estimated local median: $640K · Typical loan range: $416K – $800K · Top program: historic-district fix-and-flip and small commercial
Most Placerville private money loans we fund range from $416K to $800K, sized against an estimated local median around $640K. Loans outside that range are case-by-case based on parcel and scope.
For Placerville, our highest-volume program is historic-district fix-and-flip and small commercial. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
Yes. Placerville's Main Street and Downtown historic stock is prime value-add material, and we cover up to 100% of rehab costs on an asset basis.
Absolutely. As an asset-based lender we can finance rural properties near the Diamond Springs and Coloma corridors that conventional lenders often decline.
Yes, our DSCR loans qualify on the property's rental income, which suits commuter and tourism-driven demand along the Highway 50 corridor.
As fast as five to seven business days once title and appraisal clear, since we make decisions in-house as a direct lender.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT