Estimate your payment
Use the calculator below to estimate the monthly principal and interest payment on a fix and flip loan. Adjust the loan amount, rate, and term to see how each one moves your payment.
Keep in mind that your full monthly payment also includes property taxes, homeowners insurance, and — depending on the program — mortgage insurance. For an exact, all-in payment quote based on today’s wholesale pricing, call (916) 624-0767 or start an application online.
Want an exact payment based on today's wholesale pricing? Talk to a licensed loan officer.
Estimates only. Mortgage insurance and HOA dues are not included. Your actual payment depends on your final rate, program, taxes, and insurance premiums.
Questions
A short-term loan funds a percentage of the purchase price plus most or all of the rehab budget. Rehab funds are released in draws as inspected work is completed, you pay interest only during the project, and the loan is repaid when the property sells or refinances.
ARV is the After Repair Value — the appraised value of the property once the rehab is finished. Most lenders lend up to roughly 65–75% of ARV, and also cap total funding at a loan-to-cost (LTC) percentage of purchase plus rehab.
Many programs start around 620–660, and some asset-based lenders go lower because approval is driven mainly by the property, the budget, and your exit strategy. Stronger credit and flip experience improve your rate and leverage.
Typically 7–14 days, and as fast as 5 days on a clean file with a ready appraisal and clear title — which is what makes these loans competitive on auction and off-market deals.
Yes. First-time flippers can qualify, usually with a larger down payment, a conservative budget, and a licensed contractor on the project. Completed flips unlock higher leverage on your next deal.
About Us
CDL Mortgage Services Inc. is an independent, full-service mortgage company. Instead of pushing one bank’s products, we shop multiple wholesale lenders to secure the best loan at the best rate for every borrower.
Purchase, refinance, and home equity — all under one roof, focused on the best loans at the best rates.
Based at 6524 Lonetree Blvd, Rocklin, CA 95765 and licensed in California, Texas, Georgia, Tennessee, Oklahoma & Idaho.
Every file is handled start-to-finish by a licensed loan officer who knows your name and your goals.
Fully licensed and regulated, with award-winning lender partnerships and 35+ years serving borrowers.