Direct Lender for Commercial Real Estate in the Western States

At Fidelity Mortgage Lenders, we base our loan qualifications on the property value, not on the borrowers’ credit. We don’t require tax returns. We can fund your next Commercial Real Estate Loans, whether small or large, very fast.

All of Our Loans are Non-Recourse – No Personal Guarantee Required. No Tax Returns, Fast Funding.

Property Geographic Area Details

Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Washington, Texas

Loan Amounts

$100,000 to $20,000,000

Interest Rates

7.99% to 9.97%

Max Loan-To-Value


Max Loan-To-Cost


Origination Fees

1.5% to 2.5%

Loan Terms

1 months to 240 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Use Equity to Invest in Another Property

Property Occupancy

  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial

Property Types and Loan Types

Collateral Types

  • Commercial Property

Property Types

  • Adult Day Care
  • Auto Dealership
  • Auto Repair
  • Bed and Breakfast
  • Cannabis Dispensary
  • Cannabis Grow Facility
  • Car Wash
  • Child Day Care
  • Club
  • Commercial Condominium
  • Commercial Land
  • Gym
  • Healthcare
  • Industrial
  • Mixed-Use
  • Mobile Home Park
  • Motel
  • Multifamily
  • Night Club
  • Office
  • Parking Lot
  • Portfolio of Commercial Properties
  • Rehabilitation Facility
  • Religious Facility
  • Retail
  • School
  • Senior Housing
  • Storage Facility
  • Student Housing
  • Theater
  • Vehicle Parking

Loan Types

  • Commercial Bridge

Specialty Loan Types

  • Note Purchase
  • Reverse 1031 Exchange
  • Partner Buyout
  • Discounted Note Payoff
  • Foreclosure Bailout
  • Cannabis Use Properties

Cannabis Use Properties

No green houses and ag properties

Will Consider Cannabis Use Properties


Maximum LTV for Cannabis Use Properties


Cannabis Property Use Type

  • Cultivation
  • Retail Dispensary
  • Retail Sales
  • Manufacturing
  • Processing
  • Production

Land Loan


For Industrial Land, we may consider higher going up to 45% LTV

Land Types Considered

  • Residential Land
  • Multifamily Land
  • Industrial Land

Will Consider Land That is NOT Entitled


Max LTV for Land


Max LTC for Land Acquisition


Purchase Loan

Seller financing acceptable, but borrower must have at least 25% cash in the deal.

Max Loan-To-Purchase Price


Borrower Must Have Property Under Contract


Will Provide Proof of Funds Letter


Will Consider Lending on Purchase from Auction


Allowed Source of Borrower’s Equity

  • Own Cash
  • Equity in Another Investment Property
  • Seller Financing

Details and Requirements

Typical Closing Time (Days)


Fastest Closing Time (Days)


Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only
  • Amortized

Pre Payment Penalty


Will lend to a foreign national


Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage


Will Consider Collateralizing Multiple Properties in One Loan


Will Consider Equity Joint Venture


Borrower Entity Types Considered

  • Individual(s)
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
  • Non-Profit Corporation

Documentation Required

  • Credit Report
  • Loan Application

Personal Guaranty (Recourse) Required


Credit Check Required


Credit Check Description

We check credit, but there is no minimum score. We lend on the property value, not borrowers' financials.

Appraisal Required for Commercial Property


Broker Price Opinion (BPO) Accepted for Commercial Property



Site Visit Fee

$0 to $0

We typically only charge a site visit fee for properties outside of California

Underwriting Fee

$0 to $0

Underwriting & Processing fees vary by loan size

Documents Fee

Minimum Origination Fee Amount


Fees which are mandatory for all new borrower clients

  • Underwriting Fee
  • Processing Fee
  • Documents Fee
  • Escrow Fee
  • Title Fee

Fees which are paid to a third party company

  • Legal Fee
  • Settlement Fee
  • Appraisal Fee
  • Escrow Fee
  • Title Fee

Additional Details

We sometimes require a formal appraisal. For most deals, we do our own in-house valuation and get a BPO from local commercial real estate brokers.

Private Money Lending Since 1971

There were few private lending options when we were founded.  Banks owned you.  They took a long time to close loans.  Often, they called your loan without there being a reasonable replacement.

Fidelity Mortgage Lenders, Inc. was originally Fidelity Home Loan Co.  We started by specializing in residential equity loans and later expanded into commercial lending. We saw a market which needed:

  1. Loans that could be funded quickly,
  2. Alternative loan options for client flexibility, and
  3. Flexible underwriting, designed for clients (but not the traditional lenders).

Today, we make loans on commercial properties, along with non-owner occupied residential real estate. We provide funds for refinancing or purchases.  We also offer first trust deeds to investors.  Many of our clients have borrowed money – and invested it too – with our assistance.

Now in our fifth decade, Fidelity continues to provide loans to borrowers which larger lending institutions are unable or unwilling to fund. We grew by constantly responding to the needs of a changing real estate marketplace while serving a growing community of property owners and investors. Our constant growth is a direct relation to our response to the changing real estate marketplace while serving a growing community of property owners and investors.

We’ve made our reputation over almost fifty years of operations – let us enhance your reputation for completing deals successfully.


CA DRE Broker Lic. 00388229, NMLS ID 1726526, Arizona CBK 0948156

Company Size (Number of Employees)


Year Established


Office Locations

11952 Wilshire Boulevard, Los Angeles, California 90025

Primary Capital Source

  • Own Funds

Alternative Capital Sources

  • Individual Investors
  • Family Offices

Loan Structure for Majority of Loans

  • Own Balance Sheet

Alternative Loan Structures

  • One Investor One Loan
  • Multiple Investor Fractionalized Note

Percentage of company’s lending business focused on private mortgage


Percentage of Loans Secured by Commercial Property


Percentage of Loans Secured by Residential Property


2020 Loan Volume Funded


Charles Hershson


Peter Steigleder

Chief Operating Officer

Ralph Haber

Loan Manager

Herb Nunez

Loan Manager

Neil Sokoler

Loan Manager

Paul Bellgraph

Loan Representative

Before You Contact Us

Our Minimum Loan Amount Is


What We Do

  • Non-Recourse CRE Bridge Loans
  • No Tax Returns or Financials
  • Specialty Property Types
  • Cannabis-Use Properties
  • LTV/LTP up to 60%

Not Available

  • NO 100% Financing
  • NO Rehab or Construction Funds
  • NO Residential Properties

Loan Request

Short Description of your Loan Request or Property Address

This information is about yourself, not the subject property.


At the end of the form you can enter the additional properties.

(temp use, storage, billboard, parking, etc.)


If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.


(temp use, storage, billboard, parking, etc.)


If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.


how will the loan be paid off?


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Add links to photos here.


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