Griffin Funding for Vermont 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.
Vermont context
Vermont ski STR (Stowe, Killington). DSCR tight on acquisition prices.
How Griffin Funding positions in Vermont
For Vermont specifically, Griffin Funding fits investors who match the hard money approach. The low cash flow profile of Vermont aggregate makes it workable for Griffin Funding.
City-level coverage in Vermont
Griffin Funding provides DSCR coverage across Vermont metros including Burlington, Montpelier, and Vermont. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Griffin Funding program terms apply uniformly across Vermont 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 |
| Vermont property tax | 1.8% |
| Vermont state income tax | 8.75% |
Griffin Funding strengths in Vermont
- 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 Vermont. Griffin Funding is based in an undisclosed location and operates nationally.
Burlington is the top investor market in Vermont and falls within Griffin Funding national coverage. Burlington property tax follows the Vermont state rate of 1.8 percent. Griffin Funding typically underwrites Burlington acquisitions at standard rate sheets.
Yes. Montpelier ranks among the larger Vermont investor metros and sees consistent DSCR loan volume from Griffin Funding. Submarket variation within Montpelier matters for property selection.
Griffin Funding applies the same rate sheet across Vermont metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Burlington, Montpelier, and Vermont all qualify for the same Griffin Funding program.
Griffin Funding indicative DSCR rate range is 6.1 to 7.5 percent.
Vermont ski STR (Stowe, Killington). DSCR tight on acquisition prices. Griffin Funding follows standard business-purpose loan structures.
Griffin Funding funds rental DSCR in Vermont.
Vermont 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 Vermont 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.