Angel Oak Mortgage Solutions vs Griffin Funding

Both offer DSCR + bank statement programs. Angel Oak is larger and works primarily through brokers; Griffin is more direct-to-consumer with a lower credit floor (620 vs 660).

Shared products: DSCR, Bank Statement · Updated March 2026

4.1

Angel Oak Mortgage Solutions

Wins 1 categories

VS

4.0

Griffin Funding

Wins 1 categories

Full Comparison

FeatureAngel Oak Mortgage SolutionsGriffin Funding
Interest Rates6.5%–9%6.5%–9%
Max LTV80%80%
Min Credit Score660620Better
Loan Range$100K–$3M$100K–$5M
Origination Fee0–2 points0–2 points
Speed to Close21–30 days21–30 days
Experience RequiredNo experience requiredNo experience required
LLC BorrowingYesYes
Interest-OnlyAvailableAvailable
Prepayment Penalty3-year step-down (DSCR)3-year step-down (DSCR)
Foreign NationalYesYes
CoverageNationwideNationwide
Property TypesSFR (1-4), Condo, Townhouse, Multifamily (5+)SFR (1-4), Condo, Townhouse, Multifamily (5+)
Loan Products2 products2 products
Founded20132014
Editor Rating4.1 / 5.0Better4.0 / 5.0

Pros & Cons

Angel Oak Mortgage Solutions

Pros

  • +Strong bank statement loan programs
  • +DSCR and investor cash flow products
  • +Large, established non-QM lender
  • +Foreign national programs
  • +Wide broker network — available through many mortgage brokers

Cons

  • Works through brokers (not direct-to-consumer for many products)
  • Slower closings than fintech lenders
  • Higher minimum credit score than some DSCR competitors

Griffin Funding

Pros

  • +Low credit minimum (620) for DSCR
  • +Bank statement programs for self-employed
  • +Foreign national financing available
  • +High max loan amount ($5M)
  • +Interest-only options

Cons

  • No fix-and-flip or bridge products
  • Closing times on the longer side (21-30 days)
  • Prepayment penalties on DSCR products

Angel Oak Mortgage Solutions

4.1 editor rating · 21–30 days closing

Griffin Funding

4.0 editor rating · 21–30 days closing

Frequently Asked Questions

Is Angel Oak Mortgage Solutions or Griffin Funding better for real estate investors?

Both offer DSCR + bank statement programs. Angel Oak is larger and works primarily through brokers; Griffin is more direct-to-consumer with a lower credit floor (620 vs 660).

What loan types do Angel Oak Mortgage Solutions and Griffin Funding both offer?

Both lenders offer DSCR, Bank Statement. Both offer 2 products.

Which has lower rates, Angel Oak Mortgage Solutions or Griffin Funding?

Angel Oak Mortgage Solutions advertises rates starting at 6.5% while Griffin Funding starts at 6.5%. Both have the same starting rate, but actual rates depend on your credit score, LTV, property type, and loan product. Always get quotes from both lenders.

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