Nevada County occupies the western Sierra Nevada, roughly 102,000+ residents split between the Gold Country towns of Grass Valley and Nevada City in the foothills and the mountain resort community of Truckee near the north shore of Lake Tahoe. The foothill economy blends tourism, arts, healthcare, and retirees drawn to historic downtowns, while Truckee thrives on year-round Tahoe recreation, second homes, and vacation rentals. The median home value near $525,000 spans affordable foothill housing and premium Truckee mountain properties. Investors work value-add flips and historic-home restorations around Grass Valley and Nevada City, plus high-yield vacation rentals and mountain remodels in Truckee, where nightly rates justify significant renovation budgets.
Fidelity Funding Corp is a direct California hard money lender operating since 2006, and Nevada County's dual foothill and mountain markets give investors distinct, active plays. As a direct lender we close fix-and-flip, bridge, DSCR, construction, and small commercial loans in 5 to 10 business days, using our own capital on loans from $50K to $50M at rates from 9.99% with leverage up to 90% of cost plus 100% of rehab. Whether you're restoring a Nevada City Victorian, flipping in Grass Valley, or financing a Truckee vacation rental, we underwrite fast and fund with the certainty mountain deals demand. Call (877) 300-3007.
Nevada County is a steady Nevada County submarket where owner-user comp sets are clean, appraisals turn quickly, and $525K-band fix-and-flip inventory absorbs reliably.
Investor exits in Nevada County skew to first-time-buyer owner-users, so we size rehab tranches against the lower-quartile of the $525K median for downside protection.
County median home value: $525K · Typical loan range: $315K – $735K · Top program: fix-and-flip and DSCR rental
Across Nevada County, our typical private money loans range from $315K to $735K, sized against a county median of $525K. Larger commercial and multifamily scenarios are sized separately.
In Nevada 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. Truckee's proximity to North Lake Tahoe supports strong year-round short-term rental income, and our DSCR program qualifies on the property's rental performance rather than tax returns. We also fund remodels that lift nightly rates.
We do. Nevada City and Grass Valley have rich stocks of historic homes that reward careful restoration. We can lend up to 90% of cost plus 100% of rehab and 75% of after-repair value, giving you buy-and-renovate capital in one loan.
We can. As a direct lender we underwrite each property on its merits, and we're comfortable with Sierra mountain deals. We'll evaluate access, value, and your exit plan and structure terms that reflect the project.
Typically 5 to 10 business days. Rates start at 9.99% on loans from $50K to $50M. Call (877) 300-3007 to discuss your Grass Valley, Nevada City, or Truckee project.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT