Griffin Funding vs Angel Oak Mortgage Solutions
Griffin Funding works with you directly, while Angel Oak is one of the original non-QM specialists, often reached through a mortgage broker. Both offer the full self-employed toolkit — bank statement, asset depletion, 1099, P&L, and ITIN. Choose Griffin for a direct relationship; consider Angel Oak (via a broker) for deep non-QM underwriting experience.
Shared products: Bank Statement, Self-Employed, Non-QM, Asset Depletion, 1099 Income, P&L Only, No Tax Return, ITIN · Updated March 2026
4.5
Griffin Funding
Wins 0 categories
4.5
Angel Oak Mortgage Solutions
Wins 1 categories
Full Comparison
| Feature | Griffin Funding | Angel Oak Mortgage Solutions |
|---|---|---|
| Interest Rates | 7.25%–9.75% | 7%–9.75%Better |
| Max LTV | 90% | 90% |
| Min Credit Score | 620 | 620 |
| Loan Range | $100K–$5M | $100K–$4M |
| Origination Fee | 0–2 points | Set by your broker |
| Speed to Close | 21–35 days | 25–40 days |
| Experience Required | No experience required | No experience required |
| LLC Borrowing | No | No |
| Interest-Only | Available | Available |
| Prepayment Penalty | None (owner-occupied) | None (owner-occupied) |
| Foreign National | Yes | Yes |
| Coverage | Nationwide | Nationwide |
| Property Types | primary-residence, second-home, investment | primary-residence, second-home, investment |
| Loan Products | 8 products | 8 products |
| Founded | 2013 | 2011 |
| Editor Rating | 4.5 / 5.0 | 4.5 / 5.0 |
Pros & Cons
Griffin Funding
Pros
- +Apply directly online — no mortgage broker required
- +Deep self-employed menu (bank statement, asset, 1099, P&L)
- +Offers ITIN and foreign-national programs
- +Licensed in most states (47 states plus DC)
- +Educational, transparent content on each program
Cons
- –Not licensed in every state
- –Rates are non-QM — higher than conventional
- –Pricing transparency still requires a direct quote
Angel Oak Mortgage Solutions
Pros
- +Among the largest, most established non-QM lenders
- +Broadest self-employed menu in the market
- +Offers ITIN and foreign-national programs
- +Loans up to roughly $4M
Cons
- –Wholesale-only — you must apply through a mortgage broker, not directly
- –No direct consumer pricing or application
- –Costs depend on the broker you choose
Angel Oak Mortgage Solutions
4.5 editor rating · 25–40 days closing
Frequently Asked Questions
Is Griffin Funding or Angel Oak Mortgage Solutions better for self-employed borrowers?
Griffin Funding works with you directly, while Angel Oak is one of the original non-QM specialists, often reached through a mortgage broker. Both offer the full self-employed toolkit — bank statement, asset depletion, 1099, P&L, and ITIN. Choose Griffin for a direct relationship; consider Angel Oak (via a broker) for deep non-QM underwriting experience.
What loan types do Griffin Funding and Angel Oak Mortgage Solutions both offer?
Both lenders offer Bank Statement, Self-Employed, Non-QM, Asset Depletion, 1099 Income, P&L Only, No Tax Return, ITIN. Both offer 8 products.
Which has lower rates, Griffin Funding or Angel Oak Mortgage Solutions?
Griffin Funding advertises rates starting at 7.25% while Angel Oak Mortgage Solutions starts at 7%. Angel Oak Mortgage Solutions has the lower starting rate, but actual rates depend on your credit score, LTV, property type, and loan product. Always get quotes from both lenders.
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