Protected: What Are the Real Risks of a Private Mortgage Fund, and What Do We Do About Them? (alternative)
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What Are the Real Risks of a Private Mortgage Fund, and What Do We Do About Them?
By John P. Lloyd, CEO, President & Co-founder When I talk with new investors, this question often comes up, usually in plainer words than the brochure uses: “John, how have you been able to deliver such competitive returns consistently for all these years? What’s the catch?” Here is the...
Defensive Underwriting: How Does Fidelis Adjust its Risk Model for a Changing Economy?
By John P. Lloyd, CEO, President & Co-founder It is 2026. The economic horizon looks vastly different today than it did during the heady, liquidity-fueled days of 2021. Yet, in conversations with accredited investors, I frequently hear a similar sentiment a distinct “knot in the stomach.”...
$418,500 2nd DOT Refi/Bridge Loan
An experienced real estate investor sought financing to add two fully permitted ADUs to an existing duplex. The borrower needed a lender willing to fund construction in a subordinate lien position while leaving the existing first mortgage in place, a structure not readily available through...
$250,000 1st DOT Refi/Bridge Loan
Fidelis looked past the property’s unusual use to the strength of the collateral, and gave the borrower a revolving line he can draw from in large increments as contractor invoices come due. That kept the loan simple, with no draw-schedule paperwork, while funding the last stage of a...
The Healthcare Consumption Gap: Why Healthspan Belongs in Your Financial Plan
By John P. Lloyd, CEO, President & Co-founder We spend forty years chasing a number — the figure in the retirement account that finally lets us exhale. The travel, the hobbies, the time with the grandkids. There is a second number almost nobody plans for, and it can eat the first. I call it...
$450,000 2nd DOT Refi/Bridge Loan
A trust-owned entity borrower needed short-term liquidity secured by a fully leased retail center that already carried a first trust deed of less than $500K. The lack of individual recourse combined with a subordinate lien position placed the request outside conventional and most private lending...
$770,000 1st DOT Refi/Const. Loan
An owner-builder needed to refinance existing debt and complete a residential renovation, including construction of a junior ADU and a planned detached ADU. Conventional lenders were not positioned to refinance the property while construction remained underway.
$618,000 1st DOT Purchase/Bridge Loan
A repeat, experienced borrower needed to close on a single-family acquisition and fund a garage-to-ADU conversion in under a week, a timeline conventional lenders could not meet.
Yes, It Is Taxed as Ordinary Income. Here Is Why Our Investors Still Choose It.
By John P. Lloyd, CEO, President & Co-founder Somewhere around the middle of April every year, I get a version of the same call. An investor looks at what he earned, looks at what he actually kept, and asks me why he is holding an asset taxed at his top marginal rate when there are
How much would a $100,000 investment grow to if I compounded for 10 years versus taking quarterly payments?
By John P. Lloyd, CEO, President & Co-founder When I talk with new investors, this question often comes up. They understand what a return is. What they want to see is the difference between spending it and leaving it alone. Here is the direct answer. On $100,000, over ten years, the gap is...
Is My Money Accessible? The Strategy Behind Fidelis’s Cash Management and Redemption Policy
By John P. Lloyd, CEO, President & Co-founder There is a specific feeling that every investor knows, though few discuss it openly. It isn’t just the fear of losing money; it is the anxiety of losing control. When you transfer capital into a private fund, there can be a concern that you have...
$1,312,500 1st DOT Purchase/Bridge Loan
A repeat client with a proven ADU design/build and fix-and-flip track record needed to move quickly on a time-sensitive acquisition ahead of a long-term redevelopment play.
$794,000 1st DOT Purchase/Bridge Loan
An experienced real estate investor needed to close within days of finalizing an offer on a vacant single-family investment property. Referred by a reputable mortgage broker with a strong Fidelis relationship, the borrower needed a lender capable of moving quickly while also financing the...
LTV vs. LTC: What are these Key Metrics and How Does Fidelis Use Them in Analyzing Deal Safety?
By John P. Lloyd, CEO, President & Co-founder As an accredited investor in a mortgage fund, questions naturally come up from time to time — moments where something isn’t quite clear. You shouldn’t feel like you’re peering into a “black box” of finance jargon designed to...
$2,400,000 1st DOT Purchase/Bridge Loan
Repeat clients, experienced real estate investors, needed fast acquisition and rehab financing for a distressed 12-unit apartment building in San Diego, roughly half vacant and the remainder leased at below-market rents.
Quarterly Distributions vs. Monthly Compounding
By John P. Lloyd, CEO, President & Co-founder When I talk with new investors, this question always comes up: “John, should I take the income now, or let it ride?” It sounds like a preference question, but it is actually a math question regarding the cost of interruption. Most...
Beyond LTV: What Specific Fund Reserves and Protections Exist?
By John P. Lloyd, CEO, President & Co-founder We have all felt it. It’s that knot in your stomach when you read the headlines about private credit problems or a sudden liquidity crunch. It’s the realization that while the numbers on a balance sheet might look healthy, the accessibility of...
$2,900,000 1st DOT Purchase/Const. Loan
An experienced developer needed financing to acquire a fully entitled infill site and fund the ground-up addition of 12 ADUs to an existing duplex, creating 14 rental units in the community of Normal Heights in San Diego.
What has been the fund’s historical performance, and is it consistent?
By John P. Lloyd, CEO, President & Co-founder When I talk with new investors, this question always comes up. It’s the elephant in the room. You see a target return of 9+%, and in a world of volatile stock markets and low-yield savings accounts, you rightfully ask: “Is that actually...