Griffin Funding has built one of the most regulated DSCR lending platforms in the industry — licensed in 47 states plus DC, VA-Approved and HUD FHA Non-Supervised Lender status. LendingStreet brokers across 30+ capital sources for investors whose deals benefit from multiple lender options.
The short answer: Griffin Funding is a heavily regulated direct lender specializing in non-QM mortgages and DSCR loans, with $3.6B+ funded for 8,000+ clients. DSCR loans represent 50% of their 2026 volume with an average loan of $282,790 and average borrower FICO of 729. They handle sub-1.0 DSCR and no-ratio DSCR — making them genuinely competitive in the specialty DSCR space.
LendingStreet is a licensed broker (NMLS #1734316) that places loans through 30+ direct capital sources, including specialty DSCR lenders. When Griffin's underwriting box is the right fit, they often deliver. When your deal benefits from shopping across multiple sources, LendingStreet's network often produces better terms.
| Factor | LendingStreet | Griffin Funding |
|---|---|---|
| Business model | Licensed mortgage broker, 30+ capital sources | Direct lender (own capital), DSCR specialist |
| Total funded volume | $4.36B across 8,196 deals | $3.6B across 8,000+ clients |
| States licensed | 48 states | 47 states + DC |
| Additional licensing | NMLS #1734316 (broker) | VA-Approved Lender, HUD FHA Non-Supervised Lender, CFPB-regulated |
| DSCR specialization | Multiple DSCR programs via network | DSCR = 50% of 2026 volume |
| Press / recognition | Yahoo Finance (May 2026) | Inc. 5000 (5+ times) |
| Criterion | LendingStreet | Griffin Funding |
|---|---|---|
| Maximum LTV (purchase/refi) | Up to 80% | Up to 80% |
| Maximum LTV (cash-out) | Up to 75% | Per Griffin published terms |
| Minimum DSCR | Down to 0.75 via select sources; no-ratio also available | Down to 0.75; no-ratio DSCR available |
| Maximum loan amount | $5M+ via network (no hard cap) | Up to $4M ($5M+ in select CA markets) |
| Minimum FICO | 620 (varies) | 620 |
| Rate range (fixed, May 2026) | Varies by capital source | 6.125% - 7.5% |
| Rate range (ARM, May 2026) | Varies by capital source | 5.125% - 6.125% |
| Term options | 30-year fixed, ARM, IO (varies by source) | 30-year fixed, ARM, Interest-only |
| Closing time | 5-21 days depending on source & complexity | 6 days minimum / 34 day average (2025) |
Sources: griffinfunding.com/non-qm-mortgages/dscr-loans, Griffin Funding blog Best DSCR Lenders 2026, NMLS Consumer Access database.
| Criterion | LendingStreet | Griffin Funding |
|---|---|---|
| DSCR Rental | Yes (via multiple sources) | Yes (specialty) |
| Fix & Flip / Bridge | Yes (up to 100% LTC / 80% ARV) | Not their primary product |
| Ground-up Construction | Yes (custom terms) | Not advertised as primary product |
| Commercial / Mixed-Use | Yes | Not their primary product |
| Multifamily 5+ units | Yes (NOI or DSCR based) | DSCR-based per Griffin's program |
| Blanket Portfolio (5+ properties) | Yes (via specialty sources) | Not their flagship |
| STR / Airbnb DSCR | Yes (projected revenue) | Yes (CA and other states) |
| Bank Statement Loans | Available via network sources | Specialty product |
| VA Loans | Not LendingStreet's focus | VA-Approved Lender |
| FHA Loans | Not LendingStreet's focus | HUD FHA Non-Supervised Lender |
This section shows product breadth across both companies. Griffin's DSCR specialization is genuine, while LendingStreet's network covers a broader product range. Both serve different investor needs.
We want to be honest about this: there are absolutely scenarios where Griffin Funding is the better choice, and we’d tell investors so. Specifically:
Here’s how each lender’s strengths play out in practice. All scenarios are based on real LendingStreet-closed deals with details anonymized.
Investor with 729 FICO, $282K loan amount, DSCR of 1.30, cash-out refi on a stabilized rental, 30-year fixed. This is exactly Griffin's bullseye. Their process is tuned for this exact transaction profile.
Experienced flipper needs $1.2M Fix & Flip loan with 90%+ LTC, 12-month term, fast close. This isn't Griffin's primary product space. Fix & Flip is core for LendingStreet's network.
$900K cash-out refinance on a 15-unit multifamily property in Alabama. Multifamily 5+ units is not Griffin's published specialty. LendingStreet placed it through a multifamily-focused capital source.
Yes. Both can place DSCR loans down to 0.75 ratio — making them among a small subset of lenders/brokers that handle below-1.0 DSCR. Both also offer no-ratio DSCR programs. Griffin places these through their own underwriting; LendingStreet places them through specialty sub-1.0 capital sources in our network.
By the published licensing metrics, yes. Griffin is licensed in 47 states plus DC, regulated by the CFPB, approved by HUD as an FHA Non-Supervised Lender, and is a VA-Approved Lender. Most DSCR-focused competitors don't carry FHA/VA approvals.
Rates change constantly. Griffin's published May 2026 range is 6.125%-7.5% fixed, 5.125%-6.125% ARM. LendingStreet's network includes capital sources with rates in similar ranges, with the advantage of being able to shop across multiple sources.
For straightforward DSCR loans matching their target profile (FICO 729, loan size ~$282K, 1.0+ DSCR), Griffin often delivers competitive terms efficiently. For deals needing broader product options, larger loan amounts, or multi-source negotiation, LendingStreet's network has paths Griffin alone cannot offer. Many investors work with both.
Yes — Griffin Funding is a VA-Approved Lender and HUD FHA Non-Supervised Lender. These are loans for owner-occupied primary residences (not investment properties). LendingStreet specializes in business-purpose investment property loans and does not focus on VA or FHA programs.
One application, one credit pull, multiple lender options. See if your deal qualifies for better terms than a single direct lender can offer.
Get Pre-Qualified → Browse Loan ProgramsAbout this comparison: Information about Griffin Funding was sourced from griffinfunding.com, griffinfunding.com/non-qm-mortgages/dscr-loans, NMLS Consumer Access database, and independent third-party sources including HonestCasa as of May 2026. Loan terms, rates, and underwriting criteria change frequently — verify current terms directly with each lender before making any decisions.
About LendingStreet: LendingStreet is the d/b/a of JRS Home Loans LLC, NMLS #1734316. We are a licensed mortgage broker, not a direct lender. We place loans through 30+ direct capital sources. LendingStreet earns a broker fee on placed loans. Loan availability, rates, and terms vary by deal, borrower qualifications, and capital source. All loan offerings subject to underwriting and qualification. This comparison reflects publicly available information and our broker experience.
Last updated: · Refreshed quarterly with updated competitor terms.
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