Jet Lending Review: Houston Lender, 10.5%-13.9% Rates, 2-4 Points

Why this review exists

Search “jet lending” and the first results are the company's own pages, directory listings and a handful of review aggregators, plus other companies with “Jet” in the name. This page reads what the company publishes and then tests it against records that do not depend on the company: SEC EDGAR, the CFPB HMDA filer lists, the BBB profile and the court listings we could read. For the wider Texas market see our guide to hard money loans in Texas and for its long-term product our DSCR loans in Texas page.

1. Which Jet this is

Several unrelated lenders carry the word “Jet.” The CFPB HMDA filers lists for 2024 and 2025 include “JET DIRECT FUNDING CORP.” and “Jet HomeLoans, LP,” and a California mortgage broker called Jet Home Loans has its own BBB page. We found nothing connecting any of them to the Houston company reviewed here, and we do not treat them as the same business.

The one reviewed here is identified by four matching details: the address 1419 FM 1960 E, Houston, Texas 77073 on the company's pages, the same address on its SEC Form D, the same address on the BBB profile, and the company's own name, “Jet Lending, LLC.” The BBB profile is filed under a second name, Jet Investor Lending, LLC, with “JET LENDING, LLC” shown as an alternate name. The company says it has operated “Since January, 2004,” and the BBB shows a business start date of January 1, 2004.

2. What it lends on

The company's loan-products page lists the programs: buy-fix-sell, buy-fix-rent, short-term and long-term rentals, commercial properties, a transactional funding product “just for wholesalers,” large balance commercial, land and new construction. It states two sets of rules depending on the state. In Texas it calls itself “a Loan To Value lender.” Its FAQ example: a $40,000 purchase with $20,000 of repairs and a $100,000 after-repair value (ARV) gives a total loan of 70% of ARV, $70,000, “Funded at closing: $70,000 - $20,000 = Up to $50,000,” which leaves about $10,000 to roll closing and title fees into the loan. Outside Texas the FAQ says “we offer 80-90% LTC with a 70-75% max LTV.”

That 100% financing depends entirely on the purchase price being low against the ARV. Using the company's own numbers (our arithmetic), the example works because the $40,000 price is 40% of ARV; at a $60,000 price on the same $100,000 ARV and $20,000 of repairs, the loan is still $70,000 and $50,000 at closing, so the borrower would need $10,000 of their own money at closing before fees. The repair money is not paid up front: the FAQ says draws are “reimbursements for completed work,” released after inspection, and the company will not pay a draw “just for demo, materials, or appliances” until they are installed or add value.

Three things stand out. First, the company states two different interest-reserve requirements: the short-term loans page says borrowers must show “6 months of interest payments” and the FAQ says “10 months of interest payments.” Second, no extension fee, draw fee, inspection fee or default rate is published anywhere we read. The FAQ says it “has never called a note due as long as the investor was paying their interest payments on time” and will “extend the term” with paperwork, but states no fee for it. Third, a third-party directory (HardMoneyHome.com) lists older-looking terms (rates 9.9% to 14.9%, points 2% to 5%, terms 3 to 12 months, maximum 70% LTV), which differ from the company's current pages; use the company's current written quote, not a directory.

3. The loan counts do not agree

The home page says: “With Over 4000 loans since 2004, Jet Lending has helped people invest in real estate by providing over $650,000,000 in funds.” The short-term loans page says: “With Over 3350 loans since 2004! Jet Lending has helped people invest in real estate by providing over $461,000,000 in funds.” Both are the company's claims on the same day. The gap is 650 loans and $189 million (our arithmetic), and the implied average loan is $162,500 on the home page and $137,612 on the short-term page (our arithmetic). A lender can reasonably have updated one page and not the other, and the two pages may count different products, but a reader quoting “$650 million” or “4,000 loans” from a review should know the company's own pages give two figures. We found no public record against which either can be checked: it is not an HMDA reporter, and EDGAR has only a Form D with no sales.

4. The SEC filing: one Form D, nothing sold

Searching EDGAR for the exact name “Jet Lending” with Form D returns one filing: Jet Lending, LLC, CIK 1707259, accession 0001707259-17-000001, filed May 22, 2017 and signed that day by a managing member. A search for “JET Investor Lending” returns none. The filing is a notice of an exempt offering under Rule 506(c) (item “06c”), the rule that allows general solicitation if all buyers are accredited. The offered security is debt, the minimum investment is $50,000, and the total offering amount is “Indefinite.” At filing it reports “totalAmountSold” of 0, zero investors, and no sales commissions or finders' fees. The date of first sale is marked “yetToOccur.”

What this does and does not tell you. It shows the company at one time prepared to raise investor debt in $50,000 minimums. EDGAR shows no later Form D or amendment under that CIK, so there is no public SEC record that any money was raised, in what amount or on what terms. For a reader who is a prospective lender to Jet Lending (a note investor), that is the point: there is no offering document on EDGAR to read. For a borrower, it is background: the SEC is not examining a pool behind the loans, and the company says nothing about where its loan capital comes from.

5. HMDA, licenses and the registry gaps

Home Mortgage Disclosure Act data lets us count a lender's reported loans, but only for lenders that report. The CFPB's HMDA filers list holds 4,927 institutions for 2024 and 4,791 for 2025, and neither list has an entity named Jet Lending or Jet Investor Lending. The company says it finances only non-owner-occupied investor properties; we cannot say whether that, its size or an exemption is the reason it is absent, and we do not argue that it should report. It does mean there are no public loan-level rows (amounts, rates, counties, purchasers) for us to count, unlike lenders we have read through HMDA.

We did not score state licensing. The Texas Department of Savings and Mortgage Lending, the Office of Consumer Credit Commissioner and NMLS Consumer Access use interactive searches that we could not read on November 13, 2026, and the company's pages we read print no license number. A business-purpose loan to an investor can fall outside several of the licensing rules that apply to consumer mortgages, so a missing license number is not by itself a red flag, but ask the loan officer which Texas license, if any, covers your loan and check it yourself. Our guide to how to check whether a DSCR lender is legitimate lists the steps.

6. BBB, reviews and the courts

The BBB profile under Jet Investor Lending, LLC, as read through a page-reading tool on November 13, 2026, shows “Not Rated,” “BBB Accreditation: None,” and the statement that the business's accreditation “is currently suspended.” It shows no complaints in the last three years and 0 customer reviews, and 22 years in business. The reason for the suspension is not stated on the page we read. We did not use star averages from review aggregators.

Court records are only partly scored: CourtListener returned an authentication error on November 13, 2026, and we could not read Harris County dockets. What we could find:

• A proposed class action against Jet Lending, LLC in the U.S. District Court for the Southern District of Texas (Houston), case 4:21-cv-01229, filed April 14, 2021. Per the news report we saved, a Harris County consumer alleged the company sent automated texts and prerecorded voice messages without consent in violation of the Telephone Consumer Protection Act. It is an allegation about marketing, not about loan servicing, and we did not read how it ended.
• A Texas Fourteenth Court of Appeals memorandum opinion dated July 9, 2024 (14-23-00547-CV, from the 80th District Court of Harris County) in which a person who applied for a loan and did not receive one appealed a summary judgment for Jet Lending; per the Justia listing as summarized by a search tool, the court affirmed. We could not open the full opinion.

Because we could only read two matters and not the dockets in which lender-borrower suits are usually filed (Harris County district and justice courts), this section is partial: it does not show how many foreclosure, eviction or collection cases the company files, and it should not be read as a count of cases.

7. What a $300,000 loan costs on its published terms

The company publishes ranges, so the example below is a range, not a quote. Our arithmetic, assuming a $300,000 loan, 12 months, interest-only and fully drawn from day one (a rehab loan paid out in draws accrues interest only on the amount drawn, so this is a ceiling):

• Low end: 2 points = $6,000; interest at 10.5% for 12 months = $31,500; total $37,500, or 12.5% of the loan.
• High end: 4 points = $12,000; interest at 13.9% for 12 months = $41,700; total $53,700, or 17.9% of the loan.
• Each additional point on this loan is $3,000, and each additional percentage point of rate is $3,000 a year.
• Not included: title, escrow, appraisal, inspection or draw fees, insurance, and any extension fee. None is published, so ask for a written fee schedule before you apply.

If the loan is on the Texas loan-to-value basis and the lender folds closing costs into the loan, those costs also bear interest at the note rate. On the company's FAQ example, a $70,000 total loan at the low end costs 2 points ($1,400) plus $7,350 of interest over 12 months fully drawn, or $8,750 (our arithmetic); on a 12-month hold that is 12.5% of the $70,000 loan, the same percentage as the larger example because the rate and points are the only inputs.

8. What a reader can do with this

• Ask for the term sheet in writing before paying anything: rate, points, term, extension fee, draw fee and inspection fee, default rate, who services the note, and the interest reserve (6 or 10 months).
• If you borrow in Texas on a loan-to-value basis, run your own numbers on your purchase price against the ARV the lender will use, because the “$0 out of pocket” result depends on the price you pay, as its own example shows.
• If you are considering lending to the company or buying a note it originates, ask for an offering document: EDGAR shows only a 2017 Form D with $0 sold.
• Do not repeat the company's loan counts as fact; they come from its own pages and the pages disagree.
• Compare in writing with at least two other quotes on the same deal. Our hard money loan rates in 2026 page lists published ranges, and our DSCR loan requirements page covers the rental side.

This is analysis of public documents, not investment, legal or tax advice.

Sources: Jet Lending, LLC website pages (home, about us, short-term loans, long-term loans, loan products, FAQs, properties), read November 13, 2026; SEC EDGAR submissions record and Form D accession 0001707259-17-000001 for CIK 1707259, plus EDGAR full-text search for Form D under both names; CFPB HMDA reporting filers lists for 2024 and 2025; GLEIF API searches; BBB profile for Jet Investor Lending, LLC (secondary, read through a page-reading tool); ClassAction.org report of S.D. Tex. 4:21-cv-01229; Justia listing of Texas Fourteenth Court of Appeals 14-23-00547-CV (secondary, read through a search tool); HardMoneyHome.com directory listing. CourtListener, Texas license searches and NMLS Consumer Access were not read and are not scored. Quoted text is verbatim from the saved pages. Figures labelled “our arithmetic” are calculated by us. This is analysis of public documents, not investment, legal or tax advice. Compiled by CrowdfundedWealth on November 13, 2026.