Susanville is the seat of Lassen County, a high-country town on Highway 36 where the Sierra meets the Great Basin and the economy has long been shaped by the state and federal prisons, timber history, and outdoor recreation around Eagle Lake and the surrounding forests. Downtown Susanville and Uptown Susanville hold the historic and civic core, while Richmond Road and the stretch toward the Janesville border carry a mix of older single-family homes, ranch properties, and newer builds. The market runs quieter and more affordable than the coastal and valley cities, with pricing that gives investors real room to work on entry.
Fidelity Funding lends directly across Lassen County and underwrites on the asset and the plan rather than a borrower's W-2 history. That flexibility matters in a rural market where inventory is older and conventional lenders are scarce. Whether you are flipping a dated home near downtown, holding a DSCR rental backed by the town's institutional employment, or bridging into a Richmond Road acquisition, we close in five to ten business days and fund up to 90% of purchase plus 100% of rehab.
For a property in Susanville, California, start with the purchase price, scope of work, current comparable sales, and planned exit. Local conditions vary by parcel and should be verified before making an offer.
Discuss acquisition, rehab, and rental financing with a loan officer. Program suitability depends on the property and borrower rather than the city name alone. Local pocket coverage includes Downtown Susanville, Janesville border, Uptown Susanville, Richmond Road and adjacent Susanville submarkets.
Illustrative property value: $200K · Illustrative financing range: $130K – $250K · Programs to discuss: STR DSCR and rehab
These model-generated examples use a county reference value and a property-market multiplier. They are not measured city medians, current market quotes, appraisals, or evidence of loans funded. Actual loan sizing depends on the property, acquisition and rehab costs, and underwriting.
Loan sizing depends on property valuation, acquisition and rehab costs, borrower qualifications, and program limits. The $130K to $250K range below is an illustration, not funded-loan history or an offer.
Options to discuss include STR DSCR and rehab, subject to eligibility and underwriting. A loan officer can review whether bridge, construction, commercial, or DSCR financing fits your property and exit strategy.
Entry pricing runs well below the coast and valley, giving budget-conscious flippers and landlords room to work. We underwrite on the asset rather than requiring extensive income history.
Yes. Our programs cover up to 100% of rehab, which helps when older Susanville homes need meaningful updates.
As fast as five to seven business days once title and valuation clear, typically within five to ten as a direct lender.
Yes, our DSCR loans qualify on the property's rental income, which suits a market anchored by steady institutional employment.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT