Insights Newsletter
As we embrace the spirit of the holiday season, we at Fidelity Bancorp Funding want to take a moment to express our heartfelt gratitude for your trust and partnership throughout the year. Your support motivates us to deliver solutions in commercial real estate, California housing markets, and mortgage lending with some new insights below.
The Power of DSCR Loans
DSCR loans are sized based on gross income, offering more flexibility and faster closings compared to traditional loans.
A few reasons DSCR loans are powerful and popular:
DSCR loans are based on property income.
Do not require tax returns.
Utilize actual property tax expenses.
Are not subject to revisions on expenses.
Can be done on vacant properties.
Close faster than bank loans.
Can rate lock at application.
Require no personal income documentation.
To learn more and better understand how DSCR loans are sized, click the link to read a recent post from Dillon Freeman that dives into DSCR loans in detail.
California's Housing Market
California's housing market has reached a 30-year low in liquidity
LA is only at 15.2 sales per 1,000 homes. Notably, 7 of the 10 lowest-turnover metros are in California. For multifamily investors, this is a key indicator as, with limited single-family home movement, multifamily properties are gaining in value. Current holdings benefit from the supply constraint, reinforcing their market position in this historic environment.
Investor Insights
Fidelity Flagship Loan Product
The FBF Small Balance Bridge loan product funds directly from our proprietary fund.
Designed for transactions under $20M, this loan product offers speed, certainty, and versatility to help investors achieve their goals:
Close Quickly: Standard 7–10-day closes, with options as fast as 72 hours.
Competitive Rates: Designed to fit your investment needs.
Flexible: Up to 70% LTV, no prepayment penalties, and terms from 12–24 months.
Direct Funding Certainty: A streamlined process and, when we say your loan will close, it closes.
Broker Protection: Broker protection always guaranteed.
Loan of the Month
Showcasing the speed at which Fidelity can fund, Tara Sauerbrey assisted a seasoned investor in securing a $3 million bridge loan for an industrial property in Phoenix, AZ. The bridge loan closed in less than 7 days, offering a swift and flexible 12-month financing solution. This timely funding allowed the investor to strategically achieve their real estate goals.
We wish you and your loved ones a joyful and peaceful holiday season, filled with warmth, cheer, and cherished moments. Thank you for being an integral part of our journey, and we look forward to continuing our work together in the year ahead
Warmest wishes,
The Fidelity Bancorp Funding Team
