Step-by-step guide
Getting a private money loan is simpler than most people expect when you have the right team. Here’s the exact process CDL Mortgage walks every borrower through, from the first conversation to funding day.
Private money and bridge financing in California, Texas, Georgia, Tennessee, Oklahoma, and Idaho for investors who need speed — fix-and-flip, bridge, and asset-based loans that can close in days, not weeks. CDL Mortgage connects you with reliable private capital.
The Process
Review your credit report and settle on a comfortable monthly payment before you apply. Fast, asset-based bridge and fix-and-flip financing. We’ll tell you exactly where you stand — and how to improve your pricing — in a free 15-minute call.
Typical items include photo ID, recent pay stubs or income documentation, bank statements, and two years of tax returns where applicable. Your loan officer sends a short checklist tailored to your private money loan.
We verify your income, credit, and assets up front so your pre-approval actually holds up in underwriting. A solid pre-approval is the single biggest factor in a smooth, on-time closing.
As an independent broker, CDL Mortgage shops multiple wholesale lenders on every private money loan — you see the best pricing across the market, not one bank’s rate sheet.
We submit your full file, order the appraisal when required, and clear any underwriter conditions for you. You’ll always know exactly where your loan stands.
Sign your final documents with a notary or at the title company, and your loan funds. Most files close in 21–30 days — often faster.
Questions
A short-term, asset-based loan funded by private capital rather than banks. Approval is driven by the property’s value and your exit strategy, letting deals close in as little as 5-10 days.
Fix-and-flip projects, auction purchases, bridge situations between buying and selling, properties that won’t pass conventional appraisal condition standards, or any deal where speed wins the contract.
Terms usually run 6-24 months, interest-only, at 65-75% of value with rates higher than conventional financing — the tradeoff for speed and flexibility. We’ll map your exit into a refinance or sale.
Yes — many fix-and-flip programs fund a percentage of purchase plus 100% of the rehab budget, released in draws as work completes.
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.