Griffin Funding Review
Founded 2013 · San Diego, CA · Nationwide
4.5
Editor Rating
Griffin Funding is a consumer-direct lender that has built much of its brand around non-QM lending for the self-employed. Borrowers can apply directly online — no broker required — across bank statement, asset-based, 1099, and P&L programs in addition to conventional and VA loans.
Editor's Take
One of the most accessible consumer-direct non-QM lenders. If you are self-employed and want to apply without going through a broker, Griffin is a strong first call — its bank statement and asset programs are well-documented and it covers ITIN borrowers too.
— Bill Rice, 30+ year mortgage lending veteran
Griffin Funding Review: The Full Breakdown
Griffin Funding has positioned itself as one of the more visible consumer-direct non-QM lenders, and for self-employed borrowers that distinction matters. Many of the largest non-QM names — Angel Oak, Deephaven, Acra — only fund loans through mortgage brokers, which means a consumer cannot work with them directly. Griffin lets you apply on its own platform and talk to its own loan officers, which simplifies the path considerably for a first-time non-QM borrower.
The product menu is genuinely broad. Bank statement loans (12 or 24 months), asset-depletion loans, 1099 programs, and P&L options cover nearly every self-employed scenario, and Griffin also offers ITIN and foreign-national financing that many lenders skip. That breadth means a single conversation can usually identify which documentation path produces your strongest qualification.
The trade-offs are the ones common to all non-QM lending: rates run above conventional, and Griffin is not licensed in every state, so confirm coverage in your area early. As with any lender, the advertised ranges are starting points — your actual rate depends on credit, down payment, and which program you use. But as a place to start a self-employed mortgage search without needing a broker, Griffin earns its place near the top of the list.
Pros & Cons
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
Loan Products Offered
Eligible Property Types
Best For
Compare Griffin Funding
Griffin Funding Review: Frequently Asked Questions
Is Griffin Funding a legitimate lender?
Griffin Funding is an established lender founded in 2013 and headquartered in San Diego, CA. It lends nationwide and specializes in bank statement loans, self employed mortgages, non qm loans, asset depletion loans, 1099 income loans, profit and loss loans, no tax return mortgages and itin mortgages. To verify it for yourself, confirm Griffin Funding's current NMLS registration and state licensing, check its Better Business Bureau (BBB) profile and reviews, and compare written quotes before you apply.
What are the pros and cons of 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. Cons: Not licensed in every state; Rates are non-QM — higher than conventional; Pricing transparency still requires a direct quote.
Does Griffin Funding offer bank statement loans?
Yes. Griffin Funding offers bank statement loan programs that qualify self-employed borrowers using 12–24 months of bank deposits instead of tax returns or W-2s — useful for business owners and 1099 earners with non-traditional income.
What credit score do you need for Griffin Funding?
Griffin Funding's published minimum credit score is 620. A higher score generally unlocks better rates and higher leverage. Requirements vary by loan program and are subject to change.
What rates and fees does Griffin Funding charge?
Griffin Funding's rates run approximately 7.25%–9.75% with origination fees of 0–2 points, on loans from $100K to $5M (up to 90% LTV). All figures are approximate and subject to change — request a written quote for your scenario.
How fast can Griffin Funding close a loan?
Griffin Funding typically closes in 21–35 days, depending on the loan program, the property, and how quickly you provide documentation.
Disclaimer: Rates, terms, and requirements shown are approximate and based on publicly available information as of March 2026. Actual terms may vary based on your credit profile, property details, and market conditions. Always verify current terms directly with the lender before making financing decisions. Self-Employed Lending Hub provides editorial reviews for educational purposes and does not guarantee loan approval or specific terms.