Griffin Funding for Nevada 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.
Nevada context
Nevada no state income tax. Las Vegas STR active but regulated. Nevada strong LLC privacy.
How Griffin Funding positions in Nevada
For Nevada specifically, Griffin Funding fits investors who match the hard money approach. The medium cash flow profile of Nevada aggregate makes it workable for Griffin Funding.
City-level coverage in Nevada
Griffin Funding provides DSCR coverage across Nevada metros including Las Vegas, Reno, and Henderson. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Griffin Funding program terms apply uniformly across Nevada 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 |
| Nevada property tax | 0.6% |
| Nevada state income tax | None |
Griffin Funding strengths in Nevada
- 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 Nevada. Griffin Funding is based in an undisclosed location and operates nationally.
Las Vegas is the top investor market in Nevada and falls within Griffin Funding national coverage. Las Vegas property tax follows the Nevada state rate of 0.6 percent. Griffin Funding typically underwrites Las Vegas acquisitions at standard rate sheets.
Yes. Reno ranks among the larger Nevada investor metros and sees consistent DSCR loan volume from Griffin Funding. Submarket variation within Reno matters for property selection.
Griffin Funding applies the same rate sheet across Nevada metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Las Vegas, Reno, and Henderson all qualify for the same Griffin Funding program.
Griffin Funding indicative DSCR rate range is 6.1 to 7.5 percent.
Nevada no state income tax. Las Vegas STR active but regulated. Nevada strong LLC privacy. Griffin Funding follows standard business-purpose loan structures.
Griffin Funding funds rental DSCR in Nevada.
Nevada 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 Nevada 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.