Griffin Funding

What Griffin Funding does

Griffin Funding, Inc. is a San Diego-based, privately held direct-to-consumer mortgage lender founded in 2013 that specializes in non-qualified mortgage (non-QM) products. The company targets borrowers underserved by conventional underwriting, including self-employed individuals, real estate investors, veterans and active-duty military, foreign nationals, retirees, and borrowers with recent credit events. Its core product set comprises Debt Service Coverage Ratio (DSCR) loans, bank statement loans, VA loans, and home equity loans/HELOCs, supplemented by roughly 25 specialty products including foreign national lending, 1099 loans, P&L loans, asset-based loans, interest-only loans, flex jumbo loans, recent credit event loans, and reverse mortgages. Griffin Funding holds VA Approved Lender (ID 9088650000), FHA Non-Supervised Lender (01472-0000-3), and NMLS (1120111) credentials and operates as a direct lender with in-house underwriting and approval authority on VA loans.

The company operates a DTC digital platform with full online application and document upload, 24-hour pre-approval, a mobile app (Griffin Gold on iOS/Android), phone-based loan officer support, and three physical offices in San Diego (headquarters), Irvine, and Scottsdale. Its AI-driven non-QM underwriting platform is positioned as enabling faster approvals than traditional processes. Revenue is generated through transaction-based pricing: origination fees, points, gain-on-sale on funded loans, and the spread between origination and sale/servicing. Since founding, the company has funded $3.6 billion for 8,000+ clients; as of November 2025, it reported $346.3 million in closed deal volume and $72.5 million in warehouse line liquidity. The company is pursuing a national non-QM expansion under a newly promoted SVP of Growth, targeting $3 billion in annual non-QM loan volume by 2030 against a projected $175 billion non-QM market in 2026, supported by a 50%+ growth rate attributed to recent operational restructuring.

Name

Griffin Funding

Legal name

Griffin Funding, Inc.

Website

https://griffinfunding.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Griffin Funding is a private, San Diego-based direct-to-consumer mortgage lender founded in 2013 that specializes in non-QM products, including DSCR, bank statement, VA, and home equity loans, serving self-employed borrowers, real estate investors, veterans, and other non-traditional borrowers nationwide.

Ownership category

akta.pro rank

Product category

Non-QM Mortgage Lending

NAICS

Other Nondepository Credit Intermediation (52229)

SIC

Mortgage Bankers & Loan Correspondents (6162), Loan Brokers (6163)

akta.pro primary industry

Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH)

akta.pro secondary industry

Real Estate Private Credit (CRE Debt) (FSANADAG)

Keywords

• Non-QM mortgage lending
• DSCR investor loans
• Bank statement loans
• VA mortgage lending
• Direct-to-consumer mortgages

Headquarters

HQ city

San Diego

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Mortgage lending and origination: Direct-to-consumer mortgage lender generating revenue through loan origination fees, interest income on funded loans, and related mortgage banking activities. Revenue comes from closing costs, origination points, and the spread between loan origination and servicing.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Griffin Funding is a direct-to-consumer mortgage lender that originates and funds a broad portfolio of residential mortgage products, with a specialization in non-qualified mortgage (non-QM) products. Core offerings include DSCR loans for real estate investors, bank statement loans for self-employed borrowers, home equity loans/HELOCs, and VA loans for veterans, supplemented by conventional, FHA, USDA, jumbo, foreign national, and alternative documentation products.

Product overview

Griffin Funding is a direct-to-consumer mortgage lender offering a comprehensive suite of mortgage products through a unified digital platform. The company specializes in non-QM (non-qualified mortgage) lending, centered around four core products: DSCR Loans for real estate investors, Bank Statement Loans for self-employed borrowers, Home Equity Loans and HELOCs, and VA Loans for military members. These core products are complemented by a broad portfolio of specialized mortgage offerings including Conventional Loans, FHA Loans, USDA Loans, Reverse Mortgages, RTL Financing for fix-and-flip investors, Private Money Loans, Foreign National Lending, 1099 Loans, P&L Loans, Asset-Based Loans, Interest Only Loans, Flex Jumbo Loans, Recent Credit Event Loans, and various HELOC variants. The company operates as a single unified platform serving multiple borrower segments nationwide, combining AI-driven underwriting with human mortgage professionals. Griffin Funding also offers a mobile app (Griffin Gold) for borrowers to manage their loan process.

Differentiator

Problem solved

Functional benefit

Brands

• Griffin Gold: Mobile application offered by Griffin Funding for customers to access mortgage services

Products and services

• DSCR Loans
• Bank Statement Loans
• Home Equity Loans and HELOCs
• VA Loans
• Conventional Loans
• FHA Loans
• USDA Loans
• Reverse Mortgage
• RTL Financing (Fix & Flip, Bridge)
• Private Money Loans
• Foreign National Lending
• 1099 Loans
• P&L Loans
• Asset-Based Loans
• Interest Only Loans
• Flex Jumbo Loans
• Recent Credit Event Loans
• Temporary Buydown Mortgage
• Piggyback Loans
• First-Lien HELOC
• 6 Month SOFR Loans
• Fixed Rate HELOC
• DSCR HELOANs
• CalHFA Loans
• IRRRL (VA Streamline Refinance)
• VA Cash-Out Refinance
• Griffin Gold Mobile App

Quantifiable outcome

• Pre-approval within 24 hours for most borrowers
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Shelter to SoldiercoreStrategic or Co-development Partner · 1 January 2014Griffin Funding has partnered with Shelter to Soldier since 2014 to sponsor rescue dogs trained as psychiatric service dogs for post-9/11 combat veterans with PTSD. For every loan funded, Griffin donates $100 to Shelter to Soldier in the borrower's name. Total donations reached $251,675 as of June 2026.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Newfi Wholesale: Newfi Wholesale is a non-QM and DSCR-focused mortgage lender that directly competes with Griffin Funding's core non-QM/DSCR product line, targeting similar self-employed and real estate investor segments through wholesale and direct channels.
• Angel Oak Mortgage Solutions: Angel Oak Mortgage Solutions is a leading non-QM lender offering bank statement, DSCR, and other alternative-doc products, directly overlapping Griffin's core product portfolio and target borrowers.
• A&D Mortgage: A&D Mortgage is a direct-to-consumer non-QM lender specializing in DSCR, bank statement, and foreign national loans, with comparable product breadth and borrower targeting to Griffin Funding.
• Kiavi (formerly LendingHome): Kiavi provides DSCR and rental property financing to real estate investors with a digital platform, directly competing with Griffin's DSCR and investor-focused offerings.
• Lima One Capital: Lima One Capital is a specialty lender focused on rental property, DSCR, and fix-and-flip financing, mirroring Griffin's core investor-segment products with similar underwriting philosophy.
• CoreVest Finance: CoreVest is a direct lender to real estate investors offering rental, DSCR, and bridge loans, operating in the same non-QM/DSCR space as Griffin with similar small-balance investor customers.

Broad incumbents

• Caliber Home Loans: Caliber Home Loans is a large non-bank mortgage originator with a non-QM division (Caliber Non-Conforming) that competes with Griffin on bank statement and investor products, but operates across the full residential mortgage spectrum.
• loanDepot: loanDepot is a major direct-to-consumer mortgage lender whose wholesale and retail channels include non-QM products, providing broader competition and scale advantages over Griffin.
• Rocket Mortgage: Rocket Mortgage is the largest U.S. mortgage originator and a digital DTC competitor; while primarily QM, its scale, brand, and technology investments shape the competitive landscape Griffin operates in.

Emerging players

• Verus Mortgage Capital: Verus Mortgage Capital is a non-QM correspondent/investor focused on DSCR and bank statement products, providing capital and acquisition competition relevant to Griffin's origination business.

Market position

Weaknesses3 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/griffinfunding
• LinkedInlinkedin.com/company/griffin-funding
• Xx.com/griffinfunding

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Griffin Funding