Lending Disclaimer & Business-Purpose Financing Disclosure
JumpStart Private Lending focuses on bona fide business-purpose real estate financing for investors, rehabbers, builders, developers and other real estate operators. We do not intend to solicit, advertise or provide consumer-purpose residential mortgage financing through the programs described on this website.
What JumpStart Is — and Is Not — Seeking to Finance
This table is intended to make our business-purpose focus clear before an applicant submits a financing request. Actual legal classification depends on the facts and circumstances of each transaction.
| Transaction / Intended Use | JumpStart Position | Reason |
|---|---|---|
| Acquisition, renovation or resale of a non-owner-occupied investment property | Business-Purpose Focus | May fit a bona fide real estate investment or commercial transaction, subject to underwriting and applicable law. |
| Acquisition, improvement or maintenance of non-owner-occupied rental property | Business-Purpose Focus | Generally consistent with business-purpose investment activity, subject to the actual facts, intended occupancy and applicable law. |
| Ground-up construction, build-to-rent, development, repositioning or value-add investment activity | Business-Purpose Focus | May qualify where the financing is primarily for a legitimate business, commercial or investment purpose. |
| Bridge financing connected to a bona fide investment, development, rental or commercial strategy | Business-Purpose Focus | May fit where the purpose and use of proceeds are primarily business or commercial. |
| Borrower's primary residence | Not Solicited | JumpStart's programs are not intended for personal residential mortgage financing. |
| Second home, vacation home, seasonal residence or other property principally intended for personal or family use | Not Solicited | Personal, family and household-purpose credit is outside JumpStart's stated financing model. |
| Loan proceeds primarily intended for personal, family or household expenses | Not Eligible | Such a purpose is inconsistent with the business-purpose programs described on this website. |
| Transaction described as an “investment” but facts indicate personal occupancy or consumer use | Must Be Declined or Reclassified | Labels do not control legal classification. Actual purpose, occupancy and use of proceeds must be considered. |
This screening table describes JumpStart's intended business model. It does not determine the legal classification of any particular extension of credit and is not a representation that any transaction is exempt from an otherwise applicable licensing, disclosure, advertising or regulatory requirement.
Business-Purpose Financing Only
Financing offered, discussed or evaluated by JumpStart Private Lending through the programs described on this website is intended for transactions in which the requested credit is primarily for a bona fide business, commercial or investment purpose and not primarily for a personal, family or household purpose.
An applicant requesting financing represents that the requested credit is intended primarily for a legitimate business or commercial purpose. The applicant must accurately disclose the intended use of the loan proceeds, ownership structure, property use, intended occupancy, transaction structure, project scope and other facts material to evaluating the transaction.
The legal character of a transaction is determined from its actual facts and circumstances. The use of terms such as “investment property,” “business purpose,” “commercial,” “LLC,” “private loan” or similar terminology does not by itself determine the legal classification of the transaction.
No Consumer-Purpose Residential Mortgage Solicitation
JumpStart Private Lending does not intend through the programs advertised on this website to solicit or provide financing primarily for the purchase, improvement, refinance or retention of a borrower's primary residence, second home, vacation home or other property intended principally for personal, family or household use.
Programs described as investment-property financing are intended for bona fide investment, rental, rehabilitation, development, construction, resale, repositioning or other qualifying business-purpose activity.
Applicants must disclose any present or anticipated personal occupancy of the collateral property by the borrower or other relevant parties. Intended occupancy may materially affect whether a transaction fits JumpStart's programs and how the transaction is treated under applicable law.
Purpose Is Determined by the Transaction — Not the Label
Florida law defines a business-purpose loan by reference to the borrower's intended use of loan proceeds: the proceeds must be intended primarily for a business purpose and not primarily for a personal, family or household purpose.
Florida law further directs persons determining whether a loan is for a business purpose to refer to the official federal interpretation of 12 C.F.R. § 1026.3(a), Regulation Z.
That analysis may consider factors such as the relationship of the transaction to the borrower's business or investment activities, the borrower's involvement in the investment, transaction size, expected income associated with the investment and the borrower's stated purpose.
The applicable federal interpretation also contains specific guidance concerning rental-property transactions, including non-owner-occupied rental property.
Applicant Representations and Business-Purpose Verification
By submitting a financing inquiry or application, the applicant represents that all information supplied regarding loan purpose, use of proceeds, ownership, occupancy, property use, project scope and transaction structure is complete and accurate to the best of the applicant's knowledge.
JumpStart may request certifications, organizational documents, purchase contracts, leases, project budgets, scopes of work, construction plans, business plans, occupancy representations, exit-strategy information or other documentation reasonably relevant to evaluating the stated business purpose of the transaction.
An applicant should not characterize, restructure, document or present a consumer-purpose or personal residential transaction as a business-purpose transaction for the purpose of obtaining financing.
JumpStart may decline, suspend or discontinue consideration of any transaction where the stated purpose, property use, occupancy, ownership structure or other material facts are inaccurate, incomplete, inconsistent or otherwise outside the applicable program.
No Recharacterization of Consumer Credit
JumpStart does not use the phrase “business purpose” as a means of converting or recharacterizing consumer-purpose residential credit into business-purpose financing.
If the substance of a transaction indicates that the requested credit is primarily for personal, family or household purposes, the transaction does not fit the business-purpose programs described on this website merely because an applicant uses a business entity, investment terminology or other business-related documentation.
JumpStart reserves the right to reject a request whenever the actual facts are inconsistent with the stated business purpose.
No Blanket Licensing or Regulatory Exemption Is Claimed
JumpStart Private Lending does not represent that every loan secured by investment real estate is automatically exempt from Florida mortgage lending laws.
JumpStart also does not represent that describing a loan as “business purpose,” making a loan to a business entity, or securing a loan with non-owner-occupied property automatically eliminates every licensing, disclosure, advertising, recordkeeping or other regulatory requirement that may otherwise apply.
Florida Chapter 494 contains definitions, licensing requirements, exemptions, prohibited practices and advertising requirements whose applicability may depend on the lender or capital source, borrower, collateral, transaction structure and activities being performed.
Each transaction is evaluated under the legal, regulatory and underwriting requirements applicable to that transaction.
Website Information Is Not Unqualified Access to Credit
This website is directed primarily to real estate investors, builders, developers and other persons seeking bona fide business-purpose real estate financing.
Nothing on this website should be interpreted as a representation that any person has unqualified access to credit, that any applicant will be approved, or that any particular amount, leverage, interest rate, fee, point structure, term or closing timeframe will be available.
Any references to rates, fees, points, leverage, loan-to-value, loan-to-cost, loan amounts, terms, timelines, closing speed or other material financing characteristics are general or illustrative unless contained in a transaction-specific written proposal or definitive agreement.
Actual financing terms may be higher, lower, different or unavailable depending on the borrower, property, capital source, transaction, documentation, underwriting results, market conditions and applicable law.
JumpStart does not intend any website content to be false, deceptive or misleading as to the availability, nature or terms of financing.
No Guarantee of Approval, Terms or Funding
Submission of an inquiry, financing request, application, property information or supporting documentation does not constitute approval, a commitment to lend, a reservation of capital, an agreement to provide financing or a guarantee that financing will be available.
Discussions with JumpStart personnel, preliminary indications, financing scenarios, estimates or proposed structures are not binding commitments unless and until documented in an applicable written agreement executed by the parties authorized to enter that agreement.
A transaction may remain subject to valuation, collateral review, borrower qualifications, experience, liquidity, required equity or capital contribution, credit information when applicable, title, insurance, construction or renovation documentation, legal review, capital-source approval, business-purpose verification and other underwriting or closing conditions.
Rates, Fees, Leverage and Other Economic Terms
Rates, fees, points, loan-to-value ratios, loan-to-cost ratios, estimated proceeds, amortization structures, term lengths and similar financing information appearing on this website are general or illustrative unless expressly identified as transaction-specific.
Actual terms depend on the facts of the transaction, applicable underwriting, capital source, property, borrower qualifications, market conditions, documentation and applicable law.
Loan programs, guidelines, pricing and availability may be changed, suspended or discontinued.
Interest, fees, charges and other economic terms applicable to any funded transaction remain subject to the governing loan documents and applicable law.
Property Values, ARV and Investment Projections
References to current property value, after-repair value, projected rents, construction costs, rehabilitation budgets, resale prices, capitalization rates, operating income, investment returns or similar financial assumptions are estimates or projections and may change.
Nothing provided by JumpStart should be interpreted as a guarantee of property value, appreciation, rental income, construction cost, project profitability, resale price or investment performance.
Borrowers and investors remain responsible for independently evaluating the economics and risks of their transactions.
Third-Party Information and Service Providers
JumpStart may receive or rely upon information provided by borrowers, brokers, appraisers, inspectors, contractors, title companies, attorneys, insurance providers, data providers, capital providers and other third parties.
JumpStart does not guarantee the accuracy or completeness of third-party information unless expressly agreed otherwise in writing.
References or links to third-party companies, professionals, websites or services do not constitute a guarantee of their performance or services.
No Legal, Tax, Accounting or Investment Advice
Information on this website and information supplied during a financing discussion is provided for general informational and financing-evaluation purposes.
Nothing provided by JumpStart constitutes legal, tax, accounting, securities, investment or financial-planning advice.
Borrowers and investors should obtain advice from their own qualified attorneys, accountants, tax professionals and other advisers concerning their individual circumstances.
Regulatory References
JumpStart's business-purpose screening and website disclosures are informed by applicable law, including provisions of Florida Chapter 494 concerning business-purpose loans, mortgage lending activities, exemptions, prohibited practices and mortgage advertising.
These references are provided to explain the compliance framework informing JumpStart's stated business-purpose lending policies. They are not intended as a representation that any statute, exemption or regulatory classification applies automatically to every transaction.
If It Is Consumer Credit, We Do Not Want It Presented as a Business Loan.
JumpStart Private Lending seeks bona fide business-purpose real estate transactions. We want applicants to be clear about how the property will be used, who will occupy it, what the proceeds are for and what business or investment objective the financing is intended to accomplish.
We do not want an applicant to disguise personal residential financing as an investment transaction, and we do not want anyone to interpret this website as an invitation to do so.
Where the facts do not support the business-purpose programs described here, JumpStart may decline the request or direct the applicant to seek financing from an appropriately qualified provider for that transaction.
Questions About Whether a Transaction Fits?
If you are uncertain whether a transaction fits JumpStart's business-purpose financing programs, contact us before submitting the request.
We can discuss the property, intended occupancy, ownership, proposed use of proceeds, investment strategy and transaction structure to determine whether the request appears appropriate for further review.