Business Purpose Lending
Investment – No Licensing No Problem
No Licensing, Not a Problem
With our Business Purpose loans you don’t need to be licensed in certain states where we are licensed. We can fund with our Jet Advantage Mortgage License.
States may have other or additional requirements, check with your Account Executive.
What's a Business Purpose Loan?
A business purpose loan is used to purchase an investment property or a cash out refinance where the funds are used for any business purpose. The property collateralized can be non-owner occupied if the funds are used for business. You can work directly with real estate investors and business owners who are looking for this type of loan to either purchase an investment property or looking for funds to enhance their current one.
DSCR Loans Now Available for 1–8 Unit Properties
JET Advantage now offers DSCR financing for both 1–4 unit and 5–8 unit investment properties. Whether your clients are building a rental portfolio or expanding into larger multifamily opportunities, our flexible DSCR programs allow them to qualify using rental income instead of personal income documentation.
Licensing Requirements for Business Purpose
Often business owners, especially small ones, find it difficult to get approved by larger institutions such as banks, therefore its to their advantage to work directly with you. Here’s the advantage to partnering with us as your lender to serve these customers:
No License Needed
Mortgage Broker License Required
Real Estate Broker License Needed
State Mortgage License Required
Money Broker License Required
We do not lend, financing not available
Partner with a lender who provides clients with the trust, knowledge, and expertise to help them expand their pipelines. Get Approved today!