JET Lending

What JET Lending does

JET Lending, LLC is a privately held, self-funded hard money lender founded in January 2004 in Houston, Texas by co-owners Eddie Gant, Debbie Gant (CFO), and General Manager Johnny Hays. The company originates non-owner-occupied asset-based loans to real estate investors, with a primary focus on Texas-based fix-and-flip and rental property financing, and has cumulatively deployed over $650 million across 4,000+ loans since inception. The product portfolio is anchored by two core programs: short-term hard money loans (12-24 month terms, 10.5%-13.9% interest, 2-4% origination, up to 70% ARV with 100% financing available in Texas) and long-term DSCR-based loans (up to 30 years, rates starting at 5.875%-6.875%, 2-4% origination). Surrounding the core are transactional funding, small and large balance commercial loans ($2MM-$75MM), new construction, and short-term rental products, all originated directly without brokers.

The firm operates a direct-lending model deploying its own balance sheet rather than brokering third-party capital, which enables in-house underwriting and closings typically within 7-10 days (some within 5-7 business days). Technology infrastructure includes an integrated Built.com borrower portal for draw requests, payoffs, and loan management, alongside a property evaluation portal, online application intake, and a loan calculator on the company website. Distribution is driven by a small dedicated loan officer team (Johnny Hays, Steve Waller, Steve Skillern, and the R2R Team) who work directly with the Texas investor community through real estate meetups, referrals, and direct relationships; geographic reach now extends to continental U.S., Puerto Rico, Canada, the Caribbean, and Europe for large-balance commercial loans.

Revenue is generated primarily through interest income on the loan portfolio (interest-only payments on both short-term and long-term products) and transaction-based origination fees (2-4% points plus processing, legal, and title fees that can be rolled into the loan). The company is privately held with no disclosed outside institutional capital, currently staffs 1-10 employees out of a single Houston headquarters at 1419 FM 1960 E, and has earned Forbes recognition as Best Hard Money Lender for Customer Service in both 2024 and 2025.

Name

JET Lending

Legal name

Jet Lending, LLC

Website

https://jetlending.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

JET Lending is a privately held, self-funded Houston-based hard money lender founded in 2004, providing non-owner-occupied asset-based loans to real estate investors for fix-and-flip, rental, commercial, and new construction projects. The firm has deployed over $650M across 4,000+ loans since inception using a direct-loan-officer model with in-house underwriting.

Ownership category

akta.pro rank

Product category

Hard Money Real Estate Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Short-Term Business Credit Institutions (6153), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Hard Money & Private Mortgage Lending Intermediation (FSAEAEAH)

akta.pro secondary industry

Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH)

Keywords

• Asset-based lending
• Hard money lending
• Real estate investor loans
• Fix and flip financing
• DSCR rental loans

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income: Primary revenue stream from interest payments on short-term (12-24 month) and long-term (up to 30 year) asset-based loans. Interest rates range from 10.5%-13.9% for short-term loans with interest-only payments. Long-term DSCR loans offer fixed or variable rate products.
2. Origination Fees: Points charged at loan origination ranging from 2-4% of the loan amount. Additional fees include processing fee ($1,499), legal fee ($399), and title fees (1.5% of loan amount). All fees are typically rolled into the loan at closing.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

JET Lending is a Houston-based, asset-based hard money lender providing non-owner-occupied real estate investment financing. The company originates short-term (12-24 month) hard money loans for fix-and-flip, rehabilitation, and land acquisition projects, and long-term (up to 30 year) DSCR-based loans for rental and commercial properties. Loans are funded using the company's own capital, with asset-based underwriting focused on property value rather than borrower credit or income.

Product overview

Jet Lending offers a comprehensive suite of real estate financing products centered around two core lending programs: Short-Term Loans (hard money/asset-based loans with 12-24 month terms for fix-and-flip, rehab, and renovation projects) and Long-Term Loans (DSCR-based loans with terms up to 30 years for rental properties and commercial investments). The product portfolio includes specialized loan products such as Buy-Fix-Sell, Buy-Fix-Rent, Transactional Funding, Short-Term Rental, Small Balance Commercial, Large Balance Commercial, and New Construction loans. The company also provides supporting tools including a Property Evaluation Portal, Education/University resources, and a Loan Calculator. The offering emphasizes asset-based lending with flexible terms, quick closings (typically 7-10 days), and 100% financing options in Texas.

Differentiator

Problem solved

Functional benefit

Products and services

• Short-Term Loans Asset-based hard money loans for real estate investors needing quick, flexible financing for fix-and-flip projects, land acquisition, significant renovations, and auction purchases. Terms of 12-24 months with interest-only payments and no prepayment penalty. In Texas, offers up to 70% ARV LTV enabling 100% financing. Outside Texas, offers 80-90% LTC with up to 70-75% LTV. Interest rates of 10.5%-13.9% with 2-4% origination points.
• Long-Term Loans Long-term DSCR (Debt Service Coverage Ratio) loans for real estate investors financing income-generating properties. Terms up to 30 years with focus on property cash flow rather than borrower income. Up to 80% LTV for purchases, refinance, or cash-out. Starting rates from 5.875%, with interest-only options available. Includes vacation rentals, portfolio financing, commercial, and non-DSCR options ranging from 3-30 years. No income or employment verification required.
• Buy, Fix, Sell Loans Quick, flexible financing solutions for real estate investors to purchase, renovate, and sell properties for profit. A variant of the Short-Term Loans program tailored to fix-and-flip investors.
• Buy, Fix, Rent Loans Tailored financing solutions for real estate investors aiming to purchase, renovate, and rent out properties for ongoing income. A variant of the Long-Term Loans program supporting the BRRRR investment strategy.
• Transactional Funding Short-term financing for real estate investors to facilitate quick A-to-B and B-to-C property transactions in Texas only. 1% origination for A-to-B and B-to-C closings, 2% for A-to-B only, with $375 legal docs and $2,500 minimum loan size.
• Short-Term Rental Loans Specialized financing for investors in vacation and short-term rental properties that need rehabilitation. Supports the growing short-term rental market, particularly in Houston and other Texas markets.
• Small Balance Commercial Loans Commercial loans for property values up to $4 million with up to 60% LTV. Rates starting at 10% interest-only payments with 3.5%+ origination. Quick closings for multifamily, industrial, assisted living, hospitality, retail, office, mixed-use, and C&I loans.
• Large Balance Commercial Loans Large commercial loans ranging from $2 million to $75 million with up to 75% LTV and terms of 12-24 months starting at 6.99%. Covers multifamily, industrial, assisted living, hospitality, retail, office, mixed use, and C&I loans. Geographic coverage includes continental U.S., Puerto Rico, Canada, Caribbean, and Europe with quick closings as fast as 2 weeks.
• 30-Year Rental Loans Long-term financing for rental properties, vacation rentals, portfolios, commercial properties, and cash-out refinances. Terms up to 30 years with 2-4% origination and starting rates from 6.875%. Designed for buy-and-hold investors seeking permanent rental financing.
• New Construction Loans Financing for single unit and multifamily new construction. Requires minimum 5 previous new construction builds in the last 36 months. Rates and origination terms based on borrower experience level. Designed for builders and developers needing capital during the construction phase.

Quantifiable outcome

• Over 4,000 loans and $650+ million in funds deployed since 2004
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Built.com (id.getbuilt.com)coreTechnology or IntegrationIntegrated borrower portal for loan servicing, draw requests, and loan management. Borrowers access their loan information and submit draw requests through Built's platform, enabling streamlined loan administration and progress tracking.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Lima One Capital: One of the largest direct private lenders to real estate investors, offering short-term rehab/bridge loans and long-term DSCR rental loans nationwide. Closest direct peer to JET given nearly identical product mix across fix-and-flip and rental financing.
• Kiavi (formerly LendingHome): Large-scale direct online lender offering bridge/rehab loans for fix-and-flip investors and rental loans, with a tech-forward origination platform. Directly competes with JET on speed, scale, and the same SMB real estate investor customer base.
• Groundfloor: Real estate investment and lending platform offering short-term fix-and-flip loans to individual investors. Competes with JET's short-term product on accessibility and speed for the same first-time and SMB investor segment.
• Anchor Loans: California-headquartered private lender specializing in fix-and-flip and rental portfolio loans to real estate investors. Directly comparable asset-based product set and SMB investor target market.
• CoreVest Finance (a Redwood Trust company): Direct private lender to residential real estate investors offering bridge and rental portfolio loans, owned by Redwood Trust. Comparable short-term and long-term DSCR-style products targeting the same investor segment.
• Patch of Land: Online marketplace and direct lender for real estate investment loans, offering short-term bridge financing to fix-and-flip investors. Comparable product on the short-term side with similar SMB investor focus.
• RCN Capital: National private lender offering short-term fix-and-flip and long-term rental portfolio loans to real estate investors. Closely matches JET's product mix and direct-to-investor distribution model.
• Visio Financial Services: Private lender to real estate investors offering fix-and-flip bridge loans and rental loans. Comparable short-term asset-based lending product and investor-targeted GTM.

Broad incumbents

• NewRez (non-QM/DSCR division): Large national mortgage lender with a significant non-QM and DSCR product line targeting real estate investors. A scaled incumbent increasingly competing with JET on long-term DSCR products.
• A&D Mortgage: National wholesale and correspondent mortgage lender with a dedicated non-QM/DSCR investor product line. Competes with JET's long-term DSCR product as a broader, better-capitalized incumbent.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/jetlendingllc

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about JET Lending