Monterey County is a market of stark contrasts, featuring ultra-luxury coastal real estate on the Monterey Peninsula and immense agricultural power in the Salinas Valley. This duality offers unique opportunities for investors targeting luxury second homes or workforce housing.
Fidelity Funding understands the nuances of the Monterey County market. We provide high-balance loans for high-end renovations in Carmel and Pebble Beach, as well as agile bridge capital for multifamily and single-family value-add projects in Salinas and surrounding communities.
Monterey County is a steady Monterey County submarket where owner-user comp sets are clean, appraisals turn quickly, and $820K-band fix-and-flip inventory absorbs reliably.
Investor exits in Monterey County skew to first-time-buyer owner-users, so we size rehab tranches against the lower-quartile of the $820K median for downside protection.
County median home value: $820K · Typical loan range: $492K – $1.15M · Top program: fix-and-flip and DSCR rental
Across Monterey County, our typical private money loans range from $492K to $1.15M, sized against a county median of $820K. Larger commercial and multifamily scenarios are sized separately.
In Monterey County, fix-and-flip and DSCR rental make up the majority of our volume. We also fund bridge, construction, commercial real estate, and DSCR rental scenarios county-wide.
Yes, we regularly fund high-end fix-and-flips and spec construction in Carmel, Pebble Beach, and Pacific Grove.
Absolutely. Salinas is a strong market for standard residential flips and multifamily stabilization.
Yes, we offer DSCR loans tailored for vacation rentals in areas where local ordinances permit them.
We finance commercial structures related to agriculture, such as processing or cold storage facilities, via our bridge programs.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT