Santa Cruz is the iconic surf-and-university town at the northern end of Monterey Bay, defined by the Beach Boardwalk, the surf breaks at Pleasure Point and Steamer Lane, and the presence of UC Santa Cruz above the city. The economy blends tourism, education, tech spillover from over the hill in Silicon Valley, and a strong lifestyle draw, keeping values high and supply constrained. The housing stock ranges from older beach cottages in Seabright and the Westside to Downtown-adjacent homes, and coastal demand keeps quality inventory scarce.
Fidelity Funding lends directly across California, and our asset-based approach fits a market where student rentals, second homes, and value-add projects all compete for limited stock. We underwrite the property and the exit rather than a tidy income file, and close in five to ten business days. Whether an investor is renovating a Westside cottage, holding a UCSC-area rental on DSCR terms, or bridging a Pleasure Point purchase, our capital keeps pace with one of the coast's most competitive markets.
Santa Cruz blends a working coastal community with a steady second-home buyer pool, creating consistent absorption for renovated inventory in the $1.5M range.
Most Santa Cruz loans we fund are sized for cosmetic-plus-kitchens rehabs, with an STR DSCR refi takeout sized to peak-season nightly rates. Local pocket coverage includes Downtown Santa Cruz, Westside, Pleasure Point, Seabright and adjacent Santa Cruz submarkets.
Estimated local median: $1.5M · Typical loan range: $975K – $1.88M · Top program: fix-and-flip and short-term rental DSCR
Most Santa Cruz private money loans we fund range from $975K to $1.88M, sized against an estimated local median around $1.5M. Loans outside that range are case-by-case based on parcel and scope.
For Santa Cruz, our highest-volume program is fix-and-flip and short-term rental DSCR. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
Yes. Student and staff demand keeps UCSC-area rentals in play, and our DSCR loans qualify on the property's rental income rather than personal income.
Absolutely. Older Westside and Seabright cottages are strong value-add candidates, and we cover up to 100% of rehab costs with fast closings.
As fast as five to seven business days once title and appraisal clear, letting you compete with cash buyers for scarce coastal listings.
Yes, we bridge and finance purchases in Pleasure Point and other coastal neighborhoods, underwriting the asset and the exit.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT