Jet Lending charges an origination fee of 2.0–5.0% and an appraisal fee of $450.00, as well as additional fees, depending on the loan. There are no pre-payment penalties. The loan amount is a maximum of 70% loan-to-value (LTV), and loans are first-lien notes only.
Maximum 70% LTV
3, 6, or 12 months
Pros: Easy application process, deals are closed in 7-10 days.
Cons: Does not offer owner-occupied asset-based loans.
Bottomline: A great option to help you finance your growing rental portfolio.
Jan 01, 2004
1419 FM 1960 East Houston, TX 77073 United States
Number of Employees
Number of Customers
What are Jet Lending's credit requirements?
Jet Lending will look at your credit rating, the value of your property, and the amount of available cash you have for the project. There is no minimum credit score requirement for hard money loans.
How much can I borrow from Jet Lending?
This varies according to the deal and your personal financial situation. However, Jet Lending loans up to 70% of the After Repaired Value (ARV) of the property.
Does Jet Lending have any upfront fees?
No. Jet Lending does not charge any upfront fees. However, an appraisal is required at a fee of $450.00. You may also need to pay administration and processing fees.
How do I apply for a hard money loan with Jet Lending?
Simply call 1 (281) 872-7800 or submit an application online.