Jet Lending Reviews
Learn more about Jet Lending hard money loans. Includes pricing, key information, reviews, and frequently asked questions.
Updated on October 6th, 2021
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Jet Lending is a hard money lender based in Houston, Texas. The company offers a range of loans to investors for the purchase, renovation, and reselling of property.
Loan Details:
Jet Lending charges an origination fee of 2.0–4.0% and 9.9-13.9% interest-only payments. There are no pre-payment penalties.
Interest Rates | Loan Amount | Terms | Origination Fee |
|---|---|---|---|
9.9-13.9% | Maximum 70% LTV | 2-12 months | 2.0–4.0% |
Review:
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.
Key Information:
Legal Name | Jet Lending |
Founder | |
Founding Date | Jan 01, 2004 |
Address | 1419 FM 1960 East Houston, TX 77073 United States |
Number of Employees | 10 |
Number of Customers | 99 |
Telephone | |
Website |
FAQs:
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.