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We are Fidelis Private Fund

The Fidelis Private Fund, LP (FPF), a California Limited Partnership, is a direct portfolio lender specializing in commercial and residential investment real estate loans in California. FPF offers accredited investors the opportunity to invest in a pool of real estate-secured loans generating a competitive rate of return with moderate risk and reasonable liquidity.

Decisive, Rapid, Flexible Lending Solutions

Fidelis Private Fund offers borrowers a flexible alternative to conventional lending institutions. We specialize in fast and creative financing to transition properties and add value, so the borrower at the end of the loan term is in a position to either sell or refinance with a conventional lender.

Decisive Lending

When you need to know...

As a private lender, Fidelis Private Fund offers a highly streamlined review process. Based on the initial information, we can rapidly assess, make a decision, and offer lending solutions.

Rapid Lending

When time is of the essence...

Fidelis Private Fund offers superior speed of execution. It starts with a phone call or online inquiry. We can typically quickly assess the request, gather the needed information and then execute on the loan speedily, sometimes in days as needed.

Flexible Lending

When you need to get it done...

The principals of Fidelis Private Fund have decades of experience in structuring flexible financing that solves the unique challenges of borrower situations. We are creative and we perform!

One-Stop Lending

Short-term & long-term financing...

Fidelis Private Fund directly lends and also arranges both short-term and long-term financing through our vast network of investors. Whatever your need is, we can get it done.

Closed Loans

Discover some recently funded loans either funded or arranged by Fidelis Private Fund.

$2,250,000 1st DOT Purchase/Bridge Loan

A client was seeking to purchase a multi-tenant retail strip center in Temecula, California, where they occupied a portion of the space as a tenant. The borrower wanted to limit the cash down payment and utilize additional equity in other properties owned as a way to maximize leverage.

$960,000 1st DOT Purchase/Bridge Loan

A repeat client was seeking a quick close to purchase a single-family investment property in the beach community of Encinitas, CA. This property offers the potential for added value in its existing dilapidated state.

$2,650,000 1st DOT Refinance/Const. Loan

A client referral was searching for a construction lender to fund the construction of nine apartment units that already included two newly remodeled single-family residences in front of the property in National City, California. Once complete, it will be an 11-unit multi-family property.

$1,325,000 1st DOT Refinance/Bridge Loan

An existing client needed a reliable lender to provide a bridge loan for the borrower, entitling the property for 30 apartment units on a prime property in the heart of Golden Hill, a community just east of Downtown San Diego.

$400,000 2nd DOT Refinance/Bridge Loan

A repeat client required a fast closing to pull cash out of an existing income property for another investment opportunity.  

$480,000 1st DOT Purchase/Bridge Loan

A returning client required a fast closing to acquire a single-family investment property in San Diego. This property holds the potential for increased density by constructing multiple Accessory Dwelling Units (ADUs) at the rear of the premises.

Testimonials

Testimonials from clients who have worked with Fidelis Private Fund and John Lloyd, CEO
Moe Ebrahimi

"“I am Moe Ebrahimi, a real estate developer, and general contractor in San Diego. We buy dilapidated real estate assets and add more units and space for residential rentals. Fidelis is extremely competent in analyzing the numbers. I really appreciate dealing with professional people it gives you a sense of security, and you feel comfortable talking to them about your projects, and you know you're not going to get judged. I definitely recommend Fidelis. I love Fidelis, John and all his crew.”

Moe EbrahimiDeveloper & General Contractor
Nate Winnett<br>RezList

I am Nate Winnett, a real estate developer. I am here at one of our projects in Point Loma, getting ready to build a couple of Additional Dwelling Units (ADU’s). I work with John at Fidelis, and working with them is a very easy, great process. They are a huge part of our construction business, and I highly recommend John and his team at Fidelis.

Nate WinnettReal Estate Developer
Daniel Shkolnik<br>Atlas West Group

"I am Daniel Shkolnik, Founder and CEO of Atlas West Group. I was introduced to Fidelis Private Fund and John through a close mutual friend and they have been absolutely essential to the core of our business. I have worked with a lot of developers, a lot of funds, a lot of different banks and funding institutions throughout my career and one thing that really differentiates Fidelis from everybody else is execution. Working with John and his team you know things are going to get done, and get done right. I worked with plenty of lenders where we had great conversations. There's all this enigma and then the docs come out and never match what we discussed. I've done deals with Fidelis where we haven't even run and LOI and we get docs and it's exactly what we discussed. They are honest, transparent and they get deals done and better than anything, they are out of the box thinkers. They will sit down to help you think and help empower your business. I would highly recommend Fidelis for any of your bridge money, hard money, creative financing needs. They have an honest, transparent and reliable process."

Daniel ShkolnikCEO, Atlas West Group
Mike Corless

"My name is Mike Corless, and I own a construction & remodeling company known as BuildTech. I have been in business for thirty years. Without Allan Paranada and John Lloyd, I couldn’t succeed in this business. They respond quickly, and they are reliable. When I need an LOI, I get it often within hours of the request. I had a loan request where John and Allan showed up the same day, and I had approval. I highly recommend Fidelis, John, and Allan; they are a great person to have on your team."

Mike CorlessBuildTech Unlimited
Elizebeth T. Poe,<br>CPA (Inactive), MBA

John Lloyd and I worked together for over ten years at a private mortgage fund invested in trust deeds, similar to Fidelis. John was the President and I was the Controller at that company; where John grew the fund capital from $30M to over $180M. John knew not only how to originate and underwrite real estate loans but, he was also a respected leader who valued and understood the employees, investors, and borrowers.

John’s leadership built a unified team that kept the Partnership growing and adapting. I continued to work there as long as I could after John left, however, his absence undermined my confidence in the organization. I trust John’s integrity and his management of a mortgage fund. When I saw the direction of my prior employer, after John and I both left, I moved my limited partner investment to Fidelis Private Fund.

I believe John has put together a great team at Fidelis. I know he will continue to observe and assess commercial and residential real estate, economic conditions, and market demand, to make insightful and safe decisions with the Fidelis Fund. I am excited to share in their success.

Elizebeth T. PoeCPA (inactive), MBA
William Lewallen

"I have worked with John Lloyd for 15 years, and he has funded 30 to 40 loans for me. It's amazing how he has been able to help me close deals. Recently on a deal, I had to close in 10 days with no contingencies, and Fidelis was able to close the deal. I highly recommend Fidelis and John Lloyd. I can’t imagine how much money I have made through the years dealing with John. The process is so streamlined, and especially once you get to know John and we trust each other, everything goes so smooth. I am grateful.”

William LewallenSouth Coast Real Estate Group
Voltaire Lepe

"I first met Allan Paranada and John Lloyd several years ago when I was buying a commercial building. With their help, I was able to finance it, and I made a lot of money. They were straight forward and very fast and got the job done. I snowballed that deal into other properties. I have also referred them to other clients who also had similar experiences as mine. I would highly recommend Fidelis to anyone who is purchasing real estate and needs financing. I trust them, and they did a really good job for me."

Voltaire LepeLepe Tendwell Properties
Brian Nelson

"I can't speak highly enough of John Lloyd. This recent property was completely distressed. We came in all cash and closed the escrow in less than 14 days. It was a burnt down unit. We built the foundation and roof, all brand new. The foundation was sinking, had settling issues, and fire in the middle. The roof was missing, windows were boarded up. We went after it. We did everything. John helped out. We've done a number of loans together the past ten or eleven years. He came in clean, great terms,  quick close, no issues, which I knew it would be and why I didn't call anyone else. He came in quick, walked the property, quick decision to go for it, and gave the green light. We funded less than two weeks later within the contract terms. I work with John for a couple of reasons. First, and primarily I need assurance of closing. When I come in and walk the property I need to act as if I'm closing this thing with all cash, no hiccups, no worries. I've worked with John and we've done about 8 to 10 loans together. Never had an issue. Every one has closed. He's always on time. Great team, great staff and they communicate well."

Brian NelsonDeveloper, South Coast Commercial
Ashley Rhame

Working with Fidelis has been absolutely incredible. One of my favorite things about the entire process is how easy they make everything. My biggest differentiator about Fidelis is the personal aspect they offer, it's no hassle, they are consistently available, communication is simple and straightforward. Their ability to turn things around so quickly is phenomenal. I will not be using any other lender if I don’t have to. I would recommend Fidelis to all borrowers, friends, colleagues or anyone needing private money financing because it's seamless; if they tell you it’s a go it’s a go, You can count on their timeline and their word; they are incredibly trustworthy.

Ashley RhameReal Estate Investor & Entrepreneur
Nicholas Inzunza<br>Inner City Redevelopment

I am the owner of Inner City Redevelopment. I have been investing in properties for 25 years. I am a former public official, investment banker, and now I invest in real property. I got to know John many years ago, making investments in Barrio Logan and National City. Its been 15 years now John and I built a personal relationship where he walks my properties, talk to my people, and I have the faith and confidence that I need in a banker. Being able to work with John and Allan at Fidelis has made all the difference; they know how to get deals done.

Nicholas InzunzaReal Estate Investor/Developer
Rick Moore<br>Moorehoward Investments, LLC

I have been doing this for over 35 years. We have about 150 properties in our portfolio.  I can tell you over the years I’ve dealt with many different types of lenders, and Fidelis by far has been the best. Their fast, easy, and they do what they say they are going to do, which makes our job go extremely well.

Rick MooreReal Estate Investor/Contractor
Keith Anderson

My relationship spans almost 30 years since I met John Lloyd at San Diego Trust & Savings Bank. I have known John to be a person of integrity and a resource of knowledge when it comes to real estate financing and funding loans. I have not only been a borrower of private money through John, but I am an investor in Fidelis and believe that John’s experience managing a mortgage fund provides me the security I need in these challenging times of uncertainty and volatility.

Keith AndersonAnderson Investment Company, Inc.
Chris Hakim<br>Broker

As a real estate broker, I am always looking for a lender who not only can perform but will always protect my interest. John Lloyd at Fidelis does a fantastic job getting the real estate loans funded I need and making it easy with no hassle. What's different about John from other primate money lenders, John values relationship over the transaction and is in it for the long-term. If you are a broker and want a lender you can trust call John at Fidelis.

Chris HakimBroker, Symbolic Real Estate, Inc.
Steven D. Sefton<br>President

I first met John Lloyd in 2011, where he was President of a successful commercial mortgage company in San Diego, similar to Fidelis. I was impressed by how John managed his mortgage company Fund through the Last great recession with no losses to investor capital and How John grew the Fund five-fold during his tenure there.  John has since linked with two strong Partners and picked up where he left off forming Fidelis Private Fund. Since I am familiar with what John can do as Fidelis’ leader, I would invest in Fidelis if I were allowed. As his banker, I cannot. Because we made the decision to do business with John and Fidelis, Endeavor Bank is betting that Fidelis will be successful.

Steven D. SeftonPresident, Endeavor Bank
Rammy Cortez<br>Developer

We turned to John Lloyd with Fidelis to help us with take-out financing for a 13-unit apartment complex project. Within 30 days of contacting John he had options of 15 different lenders for us to choose from. The three key items that we requested from John were a low interest rate, long term financing, and the most cash out as possible. John was able to deliver. He got us a ten year fixed loan under 4% and more money cash out than we requested. John also got us three years interest only, so we have more cash flow in the first few years of managing the property. Thank you John and Fidelis...and on to the next one!

Rammy CortezDeveloper
Larry A. Johnson,<br>Glacier Real Estate Finance

I am sending this note to let you know that I am very pleased to be an investor in Fidelis.  This is an investment that fits well with my retirement goals. It provides an excellent return at 8%, it provides me with a conservative investment (being secured by a pool of first mortgages with good LTV ratios), and a steady cash flow. I feel comfortable with the investment secured by San Diego area real estate and having known and worked with John for over 25 years, I have confidence in his underwriting and judgment. While it is a long term investment, I also have the flexibility to withdraw funds, should the need arise. I hope to increase my investment in Fidelis over time and I look forward to a long term relationship.

Larry JohnsonGlacier Real Estate Finance
Mario J. Teran

As a real estate investor for over 30+ years, I have been pitched many “opportunities to invest” by brokers, agents, etc. I do not swing at most of them, in fact, very few make the cut. What drew me to Fidelis is the transparency of their operations and the clarity of purpose on which the funds are invested. I have known John for over 10 years and can definitely attest to his integrity as a very knowledgeable asset manager and above all, as an individual. The fact that the funds are invested in the San Diego Real estate market, with timely paid dividends that are allowed to compound, AND secured by Trust Deeds compelled me to invest. I sleep well knowing that a real estate veteran is handling my investment. Thank you John.

Mario J. TeranReal Estate Investor & Entrepreneur
Michael Clark

Today, as the stock market tumbles faster than the log ride at Disneyland, I pause to think about Fidelis and our relationship.

The steady positive return paid by Fidelis to its investors on a regular basis is very comforting and beneficial for my investment portfolio. The Fund’s approximate 8% annual return when reinvested to compound will double the principal in approximately 9 years. What a great option for the careful investor . . . especially when coupled with sound retirement planning.

Your conservative approach to lending as the Fund Manager is what we have been looking for over the years. Most of your loans are placed with San Diego based borrowers and we all know what has happened to San Diego real estate over the years. The variety of loans provides diversification while the location and loan to value ratios provide additional security.

Your decades of experience in this business in the San Diego area serve you, Fidelis and its investors well.

Keep up the good work, John.

Michael ClarkClark Family Enterprises, LLC
Adam Jacks, <br>Apartment Consultants, Inc.

I've closed several deals with John Lloyd, and each time he has performed quickly and as promised. Having a lending relationship I can trust will perform has been a tremendous help to my business. I would and have recommended John Lloyd and Fidelis for anyone seeking private financing.

Adam JacksApartment Consultants, Inc.
Pat Geary, <br>GEG Advisors

John Lloyd is one of the rare lenders who truly 'gets it,' where his knowledge and experience allow him to intelligently underwrite a property I have financed multiple properties with John that required an extremely tight timeline. Each time John has come through on time and with the terms he had promised.

Pat GearyGEG Advisors

Leadership Team

The Fidelis Private Fund's leadership offers extensive experience in real estate lending, combining rigorous discipline with dynamic and seasoned execution. This offers tremendous value to investors and borrowers in our ability to recognize true opportunity and structure deals that grow value for the fund and benefit both the investors and the borrowers
John P. Lloyd
John P. Lloyd
President & CEO, Co-Founder
The Fidelis Private Fund is led by John P. Lloyd. For over 30 years John Lloyd has pursued his passion and life’s work in commercial real estate financing.
Chad Ruyle
Chad Ruyle
Co-Founder
Chad R. Ruyle is the President and Co-Founder of FundLoans and Drop Mortgage, Inc. He works with both overall operations and capital markets for the business.
Jon Maddux
Jon Maddux
Co-Founder
Jon Maddux is CEO and co-founder of FundLoans. FundLoans is a wholesale mortgage lender with the focus on residential jumbo niche loan programs.

Fidelis Private Fund Blog

The Fidelis Private Fund Blog offers articles and resources for commercial real estate financing as well as professional and personal success.

Why Efficient Operations and Risk Management are so Important When it Comes to Mortgage Funds

A Blueprint for Maximizing Yield The efficiency of a fund’s operations is directly correlated to its ability to maximize yields. An efficiently managed fund ensures that operational costs are kept at bay, directing a larger portion of investment returns to the investors. But efficiency isn’t solely about cutting costs—it’s about enhancing the performance of each […]

Strategic Loan Underwriting in Mortgage Funds: A Guide to Maximizing Yield for Investors

When it comes to investment opportunities, high net worth investors often gravitate towards those investments that promise both return, stability, and quality. Regarding mortgage funds, one critical factor deserves attention for its potential to maximize yield: the quality of loan underwriting. This necessary process is far more than a mere procedural step; it is the cornerstone […]

Elevating Returns with Strategic Diversification in Alternative Investments

In the complex world of real estate investing, achieving a balance between risk and return is crucial. One strategy that has proven invaluable in this pursuit is strategic​ portfolio diversification with alternative investments. While traditional assets like stocks and bonds have their merits, alternative investments offer untapped potential, particularly real estate mortgage funds.​ Why Diversification Matters […]

Fundamentals of a Mortgage Fund Yield: A Guide for the Real Estate Investor

Fidelis Limited Partners and Prospective Limited Partners: An introduction to how the yield is calculated specifically for real estate mortgage funds and factors affecting yield in this particular investment arena.​ For generations, real estate has been a go-to investment avenue, offering both tangible assets and the potential for steady returns. While purchasing property directly is […]

How Does Fidelis Ensure Stability in an Uncertain Market?

When you build a team finding the right people is more important than the mission itself. If we make a mistake in adding the wrong person, it can be costly and sometimes detrimental to the organization.

What Character Qualities to Look for in a Person When Adding Someone to Your Team?

When you build a team finding the right people is more important than the mission itself. If we make a mistake in adding the wrong person, it can be costly and sometimes detrimental to the organization.