Griffin Funding for Alaska investors
Griffin Funding is a direct hard money and DSCR lender founded in 2013, licensed in 47 states. It lends up to $4.5M in-house with exceptions considered to $20M, and offers a no-ratio DSCR program. Published DSCR rates run 6.1%–7.5%, with a 620 minimum credit score and 0.75 minimum DSCR.
Alaska context
Alaska has no state income tax. Property values vary widely by region. STR market driven by tourism.
How Griffin Funding positions in Alaska
For Alaska specifically, Griffin Funding fits investors who match the hard money approach. The medium cash flow profile of Alaska aggregate makes it workable for Griffin Funding.
City-level coverage in Alaska
Griffin Funding provides DSCR coverage across Alaska metros including Anchorage, Fairbanks, and Alaska. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Griffin Funding program terms apply uniformly across Alaska metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | rental DSCR |
| Loan size | — - $5.0M |
| Rates | 6.1%-7.5% |
| Points | Not publicly published |
| Max LTV | 80% of ARV |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| Alaska property tax | 1.2% |
| Alaska state income tax | None |
Griffin Funding strengths in Alaska
- In-house lending up to $4.5M, with exceptions considered to $20M
- No-ratio DSCR program available
- Licensed in 47 states
- Direct lender
Ideal borrower: Investor seeking a direct DSCR lender with high in-house loan limits and a no-ratio program for below-market-DSCR properties.
FAQ
Yes, operates nationally including Alaska. Griffin Funding is based in an undisclosed location and operates nationally.
Anchorage is the top investor market in Alaska and falls within Griffin Funding national coverage. Anchorage property tax follows the Alaska state rate of 1.2 percent. Griffin Funding typically underwrites Anchorage acquisitions at standard rate sheets.
Yes. Fairbanks ranks among the larger Alaska investor metros and sees consistent DSCR loan volume from Griffin Funding. Submarket variation within Fairbanks matters for property selection.
Griffin Funding applies the same rate sheet across Alaska metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Anchorage, Fairbanks, and Alaska all qualify for the same Griffin Funding program.
Griffin Funding indicative DSCR rate range is 6.1 to 7.5 percent.
Alaska has no state income tax. Property values vary widely by region. STR market driven by tourism. Griffin Funding follows standard business-purpose loan structures.
Griffin Funding funds rental DSCR in Alaska.
Alaska allows standard DSCR prepay structures; Griffin Funding typically uses 3-5 year step down.
Griffin Funding typical close: Not publicly published.
Bottom line
Alaska investors considering Griffin Funding should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Griffin Funding.