Griffin Funding for West Virginia 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.
West Virginia context
West Virginia deep cash flow market. Low entry prices.
How Griffin Funding positions in West Virginia
For West Virginia specifically, Griffin Funding fits investors who match the hard money approach. The high cash flow profile of West Virginia aggregate makes it a target market for Griffin Funding.
City-level coverage in West Virginia
Griffin Funding provides DSCR coverage across West Virginia metros including Charleston, Morgantown, and Huntington. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Griffin Funding program terms apply uniformly across West Virginia 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 |
| West Virginia property tax | 0.6% |
| West Virginia state income tax | 5.12% |
Griffin Funding strengths in West Virginia
- 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 West Virginia. Griffin Funding is based in an undisclosed location and operates nationally.
Charleston is the top investor market in West Virginia and falls within Griffin Funding national coverage. Charleston property tax follows the West Virginia state rate of 0.6 percent. Griffin Funding typically underwrites Charleston acquisitions at standard rate sheets.
Yes. Morgantown ranks among the larger West Virginia investor metros and sees consistent DSCR loan volume from Griffin Funding. Submarket variation within Morgantown matters for property selection.
Griffin Funding applies the same rate sheet across West Virginia metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Charleston, Morgantown, and Huntington all qualify for the same Griffin Funding program.
Griffin Funding indicative DSCR rate range is 6.1 to 7.5 percent.
West Virginia deep cash flow market. Low entry prices. Griffin Funding follows standard business-purpose loan structures.
Griffin Funding funds rental DSCR in West Virginia.
West Virginia allows standard DSCR prepay structures; Griffin Funding typically uses 3-5 year step down.
Griffin Funding typical close: Not publicly published.
Bottom line
For West Virginia DSCR borrowers, Griffin Funding is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Griffin Funding.