Griffin Funding
Griffin Funding is the most transparent DSCR lender in the market. They publish their production data openly: average loan size of $292K, average borrower FICO of 729, and 67% of their volume is cash-out refinances. Their product range is among the widest available. They go down to 0.75 DSCR, up to 85% LTV for strong borrowers, offer a no-ratio program at 75% LTV, and handle foreign nationals with a 5% LTV haircut. Zero seasoning for BRRRR refinances. Exception requests up to $20M. A 40-year fixed option is also available.
- 85% LTV on purchases (720+ FICO)
- No seasoning for BRRRR refinances
- Foreign national program with 5% LTV haircut
- No-ratio loans at 75% LTV / 700+ FICO / up to $1M
- 40-year fixed term available
- Exceptions up to $20M
Loan requirements
| Minimum DSCR | 0.75 (at median of 0.75) |
| Minimum FICO | 620 (below median of 660) |
| Max LTV (purchase) | 85% (#1 highest among 16 lenders) |
| Max LTV (cash-out) | 80% |
| Min loan amount | $100,000 |
| Max loan amount | $4,000,000 |
| Prepayment penalty | 0-5yr options |
| BRRRR seasoning | None (zero seasoning) |
Programs and coverage
| Short-term rentals (STR) | Yes (income via projected revenue) |
| Foreign nationals | Yes (5% LTV reduction) |
| State coverage | Nationwide (47 states + DC) |
| Channel | Direct to investor and wholesale |
Best for
- Investors with thin-margin properties (sub-1.0 DSCR)
- Borrowers rebuilding credit (low FICO threshold)
- Investors who want maximum leverage (85% LTV)
- Short-term rental (Airbnb/VRBO) investors
- Foreign national investors
- BRRRR investors (zero seasoning)
How Griffin Funding compares
Across the 16 DSCR lenders in our database:
- DSCR floor of 0.75 matches the market median.
- FICO minimum of 620 is below the median (660), opening the door to more borrowers.
- 85% max LTV is among the highest in the market. More leverage means less cash out of pocket, but also less equity cushion.
- STR program available. 12 of 16 lenders in our dataset accept short-term rentals.
- Foreign national program available. 7 of 16 lenders in our dataset serve foreign nationals.
For a full side-by-side comparison, see the lender comparison matrix. Or use the DSCR loan qualifier to find which lenders match your specific deal.
Run your numbers
Before reaching out to Griffin Funding, model your deal:
- DSCR Calculator to verify your property's debt service coverage ratio
- DSCR Loan Calculator to estimate monthly payments and qualification
- Airbnb/STR DSCR Calculator to model short-term rental income scenarios
- Cash-Out Refi Calculator to see how much equity you can pull out
- BRRRR Refinance Calculator to model the full buy-rehab-rent-refinance cycle
Frequently asked questions
Is Griffin Funding a good DSCR lender?
Griffin Funding is a legitimate DSCR lender with terms last verified on 2026-06-11. Whether they are a good fit depends on your specific deal. Their 0.75 DSCR floor is in line with the market median of 0.75. Compare their terms against 2-3 other lenders before committing.
What is the minimum credit score for Griffin Funding?
Griffin Funding requires a minimum FICO score of 620. This is among the lowest in the DSCR market, making them accessible to borrowers with lower credit. Higher scores (740+) will qualify for better rates and higher LTV.
Does Griffin Funding do short-term rental loans?
Yes, Griffin Funding offers DSCR loans for short-term rentals (Airbnb, VRBO). They verify STR income using projected revenue. STR programs typically come with slightly lower max LTV and potentially higher DSCR requirements compared to long-term rental programs.
Does Griffin Funding work with foreign national investors?
Yes, Griffin Funding has a foreign national program. Expect a 5% LTV reduction compared to US citizen borrowers.
What states does Griffin Funding lend in?
Griffin Funding's coverage: Nationwide (47 states + DC). DSCR lender state coverage changes over time based on licensing and regulatory requirements. Always confirm your state is covered before starting an application.
What is the prepayment penalty at Griffin Funding?
Griffin Funding's prepayment penalty structure is: 0-5yr options. A 5-year step-down means the penalty decreases each year. On a $300,000 loan, that is $15,000 in year one, $12,000 in year two, and so on.