Griffin Funding

Broad published flexibility for low-DSCR, STR, entity, and large-balance scenarios.

Griffin publishes a 620 credit floor, sub-1.0 and no-ratio paths, up to 85% purchase LTV for qualifying files, and DSCR lending in all 50 states plus D.C.

86% current and rankable evidence4 published program variantsLast reviewed 2026-08-12Ranked #1 of 8 · 91.6/100

What this lender leads on

Categories where its published figures lead the researched set, computed from the fields below. Ties are shared.

Lowest published credit floor — 620 (Minimum credit score)
Highest published purchase LTV — 85% (Purchase LTV)
Largest published maximum loan — $4,500,000 (Maximum loan)
Most published program variants — 4 programs (Published programs)
Widest published state coverage — 50 states + DC (States)
Publishes a no-ratio DSCR path — Published (No-ratio path)

What drove this score

DSCR Accessibility Score 91.6/100 (model accessibility-1.0). Strongest: Purchase LTV, Minimum credit score, Maximum loan, Cash-out LTV. Weakest: Rate-and-term LTV, Typical closing time, Minimum DSCR. An unpublished figure scores zero.

Official site Compare with other lenders

Where the evidence is incomplete

Fields below are reported exactly as published. Nothing is estimated, inferred, or filled in from a competitor.

3 not published1 varies

Critical gaps: None.

Qualification

Minimum DSCR: 0.75×VerifiedVerified 2026-08-09Griffin FundingA separate no-ratio option is modeled independently.
No-ratio path: trueVerifiedVerified 2026-08-09Griffin Funding
Minimum credit score: 620VerifiedVerified 2026-08-09Griffin Funding
First-time investors: trueVerifiedVerified 2026-08-09Griffin Funding, Griffin Funding
Foreign nationals: trueVerifiedVerified 2026-08-12Griffin FundingThe foreign-national lending page states a DSCR loan for foreign nationals is available to non-U.S. residents investing in U.S. rentals. ITIN borrowers are marketed separately and are not stated as DSCR-eligible.

Leverage

Purchase LTV: 85%VerifiedVerified 2026-08-09Griffin FundingAvailable to qualifying borrowers; the published example requires stronger credit.
Rate-and-term LTV: Not publishedNot publishedVerified 2026-08-09Griffin FundingNo current value was found on the reviewed official sources.
Cash-out LTV: 80%VerifiedVerified 2026-08-09Griffin FundingThe page states DSCR above 1.0 for cash-out to 80% LTV.
Minimum loan: $100,000VerifiedVerified 2026-08-09Griffin Funding
Maximum loan: $4,500,000VerifiedVerified 2026-08-09Griffin FundingHigher case-by-case amounts are not used for scoring.
Reserves: 6 monthsVerifiedVerified 2026-08-12Griffin FundingPublished as a conditional rule: no reserves for cash-out loans, six months at a ratio above 1.0, twelve months below 1.0. Six months is the standard above-ratio case.
Seasoning: 0 daysVerifiedVerified 2026-08-09Griffin Funding, Griffin FundingCurrent Griffin DSCR materials expressly state that cash-out refinances have no seasoning requirement.

Eligibility

Property types: single-family, two-to-four, condo, townhome, short-term-rental, multifamilyVerifiedVerified 2026-08-09Griffin Funding
Short-term rentals: trueVerifiedVerified 2026-08-09Griffin Funding
Entity or LLC title: trueVerifiedVerified 2026-08-09Griffin Funding, Griffin Funding
States: 50 states + DCVerifiedVerified 2026-08-09Griffin Funding, Griffin FundingBusiness-purpose DSCR availability is broader than residential mortgage licensing.

Structures

Fixed rate: trueVerifiedVerified 2026-08-09Griffin Funding
Adjustable rate: trueVerifiedVerified 2026-08-09Griffin Funding
Interest only: trueVerifiedVerified 2026-08-09Griffin Funding
Prepayment terms: No penalty through five-year options, subject to state and programVerifiedVerified 2026-08-09Griffin Funding

Pricing and process

A published starting rate is a marketing floor, not a quote, and is never used here to declare a pricing winner.

Published starting rate: 5.375%VerifiedVerified 2026-08-12Griffin FundingOne-year ARM floor published for August 2026, with 30- and 40-year fixed and 5-year ARM options from 6.375%. A marketing floor, not a normalized quote or pricing winner.
Fees: Varies — confirm with lenderVaries by scenarioVerified 2026-08-09Griffin FundingOrigination, underwriting, and administrative fees are disclosed on the file-specific Loan Estimate; no universal amount is published.
Typical closing time: 34 daysVerifiedVerified 2026-08-09Griffin FundingPublished 2025 average; fastest reported closing was six days.
Rate lock period: Not publishedNot publishedVerified 2026-08-09Griffin FundingNo current value was found on the reviewed official sources.
Published process detail: trueVerifiedVerified 2026-08-09Griffin FundingThe lender states that it provides a Loan Estimate showing fees and prepayment terms.

Published program variants

Cash-flow DSCR

Purchase and refinance qualification based on property cash flow.

Minimum DSCR: 0.75×VerifiedVerified 2026-08-09Griffin Funding
Minimum credit score: 620VerifiedVerified 2026-08-09Griffin Funding
Maximum LTV: 85%VerifiedVerified 2026-08-09Griffin FundingThe 85% purchase option requires stronger credit and is not universal.
Interest only: trueVerifiedVerified 2026-08-09Griffin Funding
Foreign nationals: Not publishedNot publishedVerified 2026-08-09Griffin FundingNo current value was found on the reviewed official sources.

No-ratio DSCR

A separate path for scenarios that do not meet a standard DSCR threshold.

Minimum DSCR: No published minimumVerifiedVerified 2026-08-09Griffin Funding
Minimum credit score: 700VerifiedVerified 2026-08-09Griffin Funding
Maximum LTV: 75%VerifiedVerified 2026-08-09Griffin Funding
Interest only: trueVerifiedVerified 2026-08-09Griffin Funding
Foreign nationals: Not publishedNot publishedVerified 2026-08-09Griffin FundingNo current value was found on the reviewed official sources.

Short-term rental DSCR

STR income may use appraisal narrative, actual history, or market data.

Minimum DSCR: 0.75×VerifiedVerified 2026-08-09Griffin Funding
Minimum credit score: 640VerifiedVerified 2026-08-09Griffin Funding
Maximum LTV: Varies — confirm with lenderVaries by scenarioVerified 2026-08-09Griffin FundingProgram-specific; confirm the current scenario with the lender.
Interest only: trueVerifiedVerified 2026-08-09Griffin Funding
Foreign nationals: Not publishedNot publishedVerified 2026-08-09Griffin FundingNo current value was found on the reviewed official sources.

Foreign-national DSCR

An official educational page describes the product, but current Griffin eligibility terms are not published.

Minimum DSCR: Not publishedNot publishedVerified 2026-08-09Griffin FundingNo current value was found on the reviewed official sources.
Minimum credit score: Not publishedNot publishedVerified 2026-08-09Griffin FundingNo current value was found on the reviewed official sources.
Maximum LTV: Not publishedNot publishedVerified 2026-08-09Griffin FundingNo current value was found on the reviewed official sources.
Interest only: Not publishedNot publishedVerified 2026-08-09Griffin FundingNo current value was found on the reviewed official sources.
Foreign nationals: Not publishedNot publishedVerified 2026-08-09Griffin FundingNo current value was found on the reviewed official sources.

Strength and trade-off

Strength

Qualification, geographic, STR, and large-balance flexibility.

Trade-off

Exact reserves, lender fees, and rate-term leverage require a scenario-specific term sheet.

These are editorial summaries of the published evidence above. They are not a ranking, a recommendation, or a statement that any lender is best for a given deal.

Sources

State Licensing — Griffin Funding (nmls), accessed 2026-08-09
DSCR Loans — Griffin Funding (official lender), accessed 2026-08-09
North Carolina DSCR Loans — Griffin Funding (official lender), accessed 2026-08-09
Foreign National & Non-U.S. Citizen Mortgages — Griffin Funding (official lender), accessed 2026-08-12
DSCR Cash-Out Refinance Loans — Griffin Funding (official lender), accessed 2026-08-09
New York DSCR Loans — Griffin Funding (official lender), accessed 2026-08-12