Jet Lending LLC Reviews & Rates
Jet Lending LLC is a hard money lender that offers loans for fix and flip investors in Texas. They have been in business since 2004 and have funded over 2,000 loans, totalling over $250 million. Rates range between 9.9% to 14.9% and they’ll lend up to 70% ARV. They were rated 80 by Credio by Graphiq, and 4.7 stars based on 29 Facebook Reviews.
Lender Information
| Business Name: | Jet Lending LLC |
| Business Website: | jetlending.com |
| Business Address: | 1419 FM 1960 East Houston, TX 77073 |
| Business Phone: | 281-872-7800 |
| Business Email: | jetlending.com/contact-us/ |
| Business Established: | 2004 |
| Facebook: | facebook.com/JetLending/ |
Jet Lending LLC Rates & Terms
| Types of Properties | Will loan primarily on single family residences in Texas, but all types of income producing properties will be considered |
| Loan Amount | Up to 70% ARV, no minimum or maximum |
| LTV | 70% |
| ARV | 70% |
| Interest Rates | 9.9% to 14.9% |
| Lender Fees | Origination Fee: 2 to 5 points Processing Fee $400.00 Administration Fee $250.00 Flood Cert. Fee $40.00 Wire Fee $90.00 Appraisal Fee $ 450.00 Doc Fee- $375.00 |
| Loan Terms | 3, 6, or 12 months |
| Minimum Qualifications/Documentation | Good credit but no minimum score required Property must be valuable Must have enough cash/liquidity to handle the project |
| Time to Funding | 1 to 2 weeks |
| Other Financing Available | Temp to Perm Loans One-Time Close Loan Investor Rehab Loans Transactional Funding |
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
Popular Hard Money Lenders 2019
Lender | Best For |
|---|---|
Investors who want competitive rates and fast funding for residential fix and flips | |
Landlords wanting to refinance or grow their rental portfolio | |
Short-term investors looking for a good residential fix-and-flip hard money loan option | |
Investors who want great customer service with a local bank feel from a 44-state lender | |
Fix and flippers who want an alternative to LendingHome, but with a commercial component |
States Currently Lending In
Texas
