Mortgage lender · Jacksonville, FL · LEI 549300TYV7NDBX6FUR63

Jet Homeloans review: approval odds, rates and grade (2025)

Jet Homeloans earns an A, placing it in the top fifth of mid-size mortgage lenders. It turned down 6.0% of the applications it decided on in 2025, which ranks in the 66th percentile for approval odds. Its median loan was priced 0.80 points below the average prime offer rate, ranking in the 99th percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

8.3kApplications2025
63.9%Originatedof applications
6.0%Decision denial ratenational 22.6%
4.99%Median ratenational 6.63%
$2.2BLoan volume13 states

Jet Homeloans at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

4.2%Denial rate (all applications)-13.81 pts vs national
6.0%Denial rate (decided applications)-16.62 pts vs national
63.9%Origination rate+5.86 pts vs national
25.8%Withdrawn by applicant
4.4%Closed for incompleteness
4.99%Median interest rate-1.63 pts vs national
-0.80Median rate spread (pts over APOR)-1.06 pts vs national
$395,000Median loan amount
$8,910Median total loan costs
$128kMedian applicant income
95%Median loan-to-value
0High-cost (HOEPA) loans

How the A grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

66th6.0% denied

Pricingmedian rate spread over APOR, weight 30%

99th-0.80 pts

Processwithdrawn + incomplete share, weight 15%

9th30.2%

Closing coststotal loan costs ÷ loan amount, weight 10%

51st2.26% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20234,2983,1442.9%3.7%6.13%$1.3B
20243,3562,8761.4%1.6%5.99%$1.3B
20258,2805,2904.2%6.0%4.99%$2.2B

What Jet Homeloans lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 8,182 99% · 4.2% denied
Refinance 88 1% · 0.0% denied
Cash-out refinance 10 0% · 0.0% denied

By loan type

Conventional 3,908 47% · 2.6% denied
FHA 2,709 33% · 6.9% denied
VA 1,603 19% · 3.2% denied
USDA / RHS 60 1% · 6.7% denied

Also: 0 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 239 investment properties.

Why Jet Homeloans denies applications

Primary reason reported for each of the 345 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 163 47%
Credit history 78 23%
Unverifiable information 61 18%
Insufficient cash 12 3%
Other 9 3%
Incomplete application 9 3%
Employment history 7 2%
Collateral 6 2%

How these reasons compare nationally →

Who gets approved at Jet Homeloans

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k2405341.6%
$50k – $100k2,2581,4167.6%
$100k – $150k2,5401,7225.4%
$150k – $250k2,2061,5003.1%
Over $250k9595932.7%
Applicant ageApplicationsOriginatedDecision denial rate
Under 253352525.9%
25–342,4431,6995.1%
35–442,4551,5776.7%
45–541,5298776.7%
55–649535556.5%
65–744342524.4%
Over 74126783.5%

Where Jet Homeloans lends

13 states and 131 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Texas2,8331,7884.3%5.50%#68
Florida1,8591,2673.1%4.99%#96
North Carolina1,0027851.0%4.99%#86
South Carolina9726386.1%4.99%#60
Colorado6153174.1%4.99%#92
Georgia51927010.4%4.99%#150
Tennessee2611601.2%5.99%#180
Maryland132421.5%6.50%#207
Arizona351234.3%4.99%#354
Virginia2750.0%6.38%#456
Alabama10610.0%4.99%#481

Frequently asked questions

Jet Homeloans denied 6.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 66th percentile of mid-size mortgage lenders.

The most common reason Jet Homeloans gave in 2025 was "debt-to-income ratio", cited on 47.2% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Jet Homeloans originated in 2025 was 4.99%, and its median rate spread over the average prime offer rate was -0.80 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 99% of its applications were for home purchases, 1% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 47% conventional, 33% FHA, 19% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Jet Homeloans. Data sources · Methodology