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.
Mountain STR cash flow drives investor activity in Susanville; properties around the $200K median often DSCR-qualify based on peak-season nightly rates.
We structure Susanville loans with weather-window buffers so rehab draws align with the local construction calendar. Local pocket coverage includes Downtown Susanville, Janesville border, Uptown Susanville, Richmond Road and adjacent Susanville submarkets.
Estimated local median: $200K · Typical loan range: $130K – $250K · Top program: STR DSCR and rehab
Most Susanville private money loans we fund range from $130K to $250K, sized against an estimated local median around $200K. Loans outside that range are case-by-case based on parcel and scope.
For Susanville, our highest-volume program is STR DSCR and rehab. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
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