Tulelake sits in the far northeast corner of Siskiyou County on the edge of the Klamath Basin, one of California's most productive agricultural districts and a landscape defined by reclaimed lakebed farmland, potato and grain operations, and the migratory waterfowl of the Tule Lake refuges. The town itself is small and utilitarian, with Downtown Tulelake serving the surrounding farms and homes running south along the Highway 139 corridor toward South Tulelake and the Basin's fields. Buyers are overwhelmingly tied to agriculture, along with a growing recreation crowd drawn to the refuge birding and Lava Beds National Monument nearby.
Fidelity Funding is a direct, asset-based lender that understands agricultural markets like Tulelake, where collateral often includes acreage, outbuildings, and mixed-use farm property that conventional lenders handle slowly or not at all. We underwrite the property and the plan rather than a stack of tax returns, close in five to ten business days, and fund up to 90% of purchase plus rehab. For landlords, our DSCR program qualifies on the property's income. Speak with a decision-maker directly at (877) 300-3007 about any Klamath Basin deal.
Tulelake's combination of $159K-range housing basis and steady working-population rental demand produces some of the cleaner DSCR yields in California.
Most Tulelake files we fund are DSCR rental holds against a $159K-range entry basis with steady working-population tenant demand. Local pocket coverage includes Downtown Tulelake, South Tulelake, Klamath Basin, Highway 139 corridor and adjacent Tulelake submarkets.
Estimated local median: $159K · Typical loan range: $103K – $199K · Top program: DSCR rental and small commercial
Most Tulelake private money loans we fund range from $103K to $199K, sized against an estimated local median around $159K. Loans outside that range are case-by-case based on parcel and scope.
For Tulelake, our highest-volume program is DSCR rental and small commercial. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
Yes. We regularly fund homes on Klamath Basin acreage and mixed-use farm parcels, underwriting the asset and your plan rather than requiring a residential lot profile.
Yes. We close in five to ten business days, which helps when a Basin land or equipment-tied transaction needs certainty before a planting or harvest window.
We do. DSCR loans qualify on the rental income of the property, which fits the steady demand for affordable housing near Tulelake's agricultural operations.
We fund from $50K to $50M, covering both small in-town houses and larger agricultural transactions across the Tulelake area.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT