Sonora is the historic seat of Tuolumne County, a Gold Rush town where Washington Street still carries the brick storefronts and iron-shuttered buildings that draw visitors on their way to Yosemite and the southern Sierra. Downtown Sonora keeps its 19th-century character while the commercial pulse has shifted east along the Mono Way corridor toward Sonora Regional Medical Center and the retail cluster near the junction. Housing ranges from turn-of-the-century Victorians and Craftsman cottages near the core to ranch homes and newer builds toward Phoenix Lake and the wooded lots that climb into the foothills.
Fidelity Funding is a direct, asset-based lender, so a Sonora investor negotiates with the people who actually approve the loan. We underwrite the property and the exit plan rather than a thick stack of pay stubs, which matters in a foothill market where inventory is older and every deal is its own puzzle. Whether you are restoring a downtown Victorian, flipping a dated ranch off Mono Way, or holding a Phoenix Lake rental on a DSCR loan, we close in five to ten business days and fund up to 90% of purchase plus rehab.
Sonora draws design-driven buyers, and tasteful restorations in the $395K price band consistently outperform comparable cosmetic flips.
Typical Sonora rehab loans are scoped around restoration-grade finishes that match the historic-district character — that detail consistently lifts resale values above the $395K median. Local pocket coverage includes Downtown Sonora, South Sonora, Mono Way corridor, Phoenix Lake and adjacent Sonora submarkets.
Estimated local median: $395K · Typical loan range: $257K – $494K · Top program: historic-district fix-and-flip and small commercial
Most Sonora private money loans we fund range from $257K to $494K, sized against an estimated local median around $395K. Loans outside that range are case-by-case based on parcel and scope.
For Sonora, 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. We regularly fund flips and bridge loans on older Victorians and Craftsman cottages near the historic core, underwriting the property and the renovation plan on an asset basis rather than its age.
We do. Sonora's position as a southern-Sierra gateway supports strong seasonal demand, and our DSCR loans qualify on the property's projected income rather than your personal tax returns.
As fast as five to seven business days once title and valuation clear. Because we are a direct lender, foothill deals rarely outrun our timeline.
Yes, we finance homes on larger wooded parcels toward Phoenix Lake and the foothill outskirts, sizing the loan to the completed value and your 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