Griffin Funding for Mississippi 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.
Mississippi context
Mississippi deep cash flow market. Gulf Coast STR active.
How Griffin Funding positions in Mississippi
For Mississippi specifically, Griffin Funding fits investors who match the hard money approach. The high cash flow profile of Mississippi aggregate makes it a target market for Griffin Funding.
City-level coverage in Mississippi
Griffin Funding provides DSCR coverage across Mississippi metros including Jackson, Gulfport, and Hattiesburg. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Griffin Funding program terms apply uniformly across Mississippi 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 |
| Mississippi property tax | 0.8% |
| Mississippi state income tax | 4.7% |
Griffin Funding strengths in Mississippi
- 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 Mississippi. Griffin Funding is based in an undisclosed location and operates nationally.
Jackson is the top investor market in Mississippi and falls within Griffin Funding national coverage. Jackson property tax follows the Mississippi state rate of 0.8 percent. Griffin Funding typically underwrites Jackson acquisitions at standard rate sheets.
Yes. Gulfport ranks among the larger Mississippi investor metros and sees consistent DSCR loan volume from Griffin Funding. Submarket variation within Gulfport matters for property selection.
Griffin Funding applies the same rate sheet across Mississippi metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Jackson, Gulfport, and Hattiesburg all qualify for the same Griffin Funding program.
Griffin Funding indicative DSCR rate range is 6.1 to 7.5 percent.
Mississippi deep cash flow market. Gulf Coast STR active. Griffin Funding follows standard business-purpose loan structures.
Griffin Funding funds rental DSCR in Mississippi.
Mississippi allows standard DSCR prepay structures; Griffin Funding typically uses 3-5 year step down.
Griffin Funding typical close: Not publicly published.
Bottom line
Griffin Funding in Mississippi works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Griffin Funding.