If you're flipping houses in Texas and your biggest problem is getting funded fast enough to win deals, you're in the right place.
Jet Lending has been financing fix-and-flip projects since 2004. Our owner, Eddie Gant, has been buying and selling properties in Texas since 1999 — so when we look at your deal, we're not running it through a matrix. We're evaluating it the way an investor would.
Most lenders treat fix and flip as a niche product. For us, it's the core of what we do. We lend our own capital, make our own credit decisions, and close fast — because we know a deal can die in the time it takes a committee to schedule a meeting.
We close in 5–7 business days. No appraisal required before you open a file. No upfront fees beyond the appraisal itself. If your deal makes sense and you can execute the rehab, we can get you funded.
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Interest Rate |
11.5%–12.5% |
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Loan Term |
12 months (extensions available) |
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Loan Amount |
Typically $75,000–$750,000; larger and smaller requests considered |
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Payments |
Interest-only, monthly |
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Close Time |
5–7 business days |
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Pre-Closing Cost |
Appraisal only |
Our loans are based on the after-repair value (ARV) of the property — what it will be worth once the work is done, not what it looks like when you buy it.
We advance up to 70% of ARV. For well-structured deals, that advance can cover your purchase price, closing costs, and rehab budget in full. Many of our borrowers close with zero out of pocket.
Here's how it works in practice: the purchase price and closing costs fund at closing. The rehab budget is held in escrow and released in draws as work is completed.
We offer two repair escrow structures — Dutch and Non-Dutch:
Most borrowers prefer Non-Dutch because it minimizes carry costs. Dutch can work better for investors who want a consistent payment and are drawing funds quickly anyway. We'll walk you through which structure makes more sense for your specific project.
Credit score: No minimum. Lower scores may affect your advance rate, but they don't disqualify you.
Down payment: None required if your total project costs fit within the 70% ARV advance.
Liquidity: We verify 6 months of monthly payments (interest plus 1/12 of annual property taxes) and 1/3 of your repair budget in your bank account. This isn't a gotcha — it's how we confirm you can manage the project through to completion.
Experience: Not required. We work with first-time flippers and investors running ten projects at once.
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Origination fee |
2%–4% of loan amount |
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Processing fee |
$1,499 |
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Legal fee |
$399 |
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Title fees |
1.5% of loan amount |
All fees are rolled into the loan at closing. The only thing you pay before closing is the appraisal.
If you're managing several rehabs simultaneously, a new loan application on every deal slows you down and ties up your liquidity. We offer portfolio and blanket loan structures for investors who need to move faster than a single-asset process allows.
Instead of treating each address as a separate transaction, we can structure financing around your pipeline — which means less paperwork, fewer closings, and more of your capital available for the next deal.
On a fix and flip, you're not holding the property long enough for principal paydown to matter. What matters is keeping your monthly payment low while you're carrying the renovation costs.
All Jet Lending fix and flip loans are interest-only. Depending on the escrow structure you choose — Dutch or Non-Dutch — your payment is either based on funds drawn or on the full committed amount. Either way, you're never making a principal payment during the loan term. That money stays in your pocket until you sell.
This is the part most lenders don't talk about clearly, so we will.
If you buy a property at the right price — meaning your purchase price, closing costs, and rehab budget together don't exceed 70% of the finished ARV — Jet Lending can fund 100% of your project costs at closing. You walk in with nothing out of pocket beyond the appraisal.
That's not a teaser. It's math. If the deal is priced right, the 70% ARV advance covers everything.
A lot of investors come to us having already negotiated a price that makes this possible. If you're not there yet, we'll tell you exactly what purchase price gets you to zero out of pocket — which gives you a number to take back to the seller.
We lend statewide in Texas, with deep experience in the Houston metro market and surrounding areas.
Getting a quote from us doesn't require a full application. Tell us the address, the purchase price, your estimated rehab budget, and your ARV. We'll tell you quickly whether it works and what the loan looks like.
No upfront fees. No hard credit pull to get a term sheet. No waiting a week for a decision.
Contact Jet Lending to discuss your next deal
How fast can you actually close? 5–7 business days is our standard. For repeat borrowers with a complete file, sometimes faster.
Do I need a contractor? No. Jet Lending does not require you to have a contractor.
What if my credit isn't great? We don't have a minimum credit score. A lower score may reduce your advance rate slightly, but it won't knock you out of consideration.
Can I use an LLC? Yes. We close loans to single-purpose LLCs regularly. A new entity with no operating history is not a problem.
What's the difference between your loan and a traditional hard money loan? Functionally similar — asset-based, short-term, interest-only. The difference is that we've been doing this since 2004, we lend our own money, and we know the Texas market from the investor side. Eddie has been buying deals here since 1999. That context matters when we're evaluating your project.
Do you lend outside Texas? We focus on Texas. If you're investing here, you're in our wheelhouse.
Jet Lending, LLC — Houston, Texas — jetlending.com — steve@jetlending.com