Griffin Funding partners with one of the largest private equity securitizers of non-QM mortgages in the country

SAN DIEGO, CA, October 30, 2018 /24-7PressRelease/ — Griffin Funding, a San Diego-based mortgage company, announced today that it will be expanding its product offerings to self-employed homeowners and homebuyers. The company has partnered with one of the largest private equity buyers of non-QM mortgages as a fully-delegated direct seller.

“As an approved seller to a private equity fund, we are able to make direct credit decisions based on common sense underwriting,” said Bill Lyons, CEO of Griffin Funding.

“The 16 million self-employed professionals in the U.S. have been underserved since the great recession. Now, with the gig economy, you can expect that number to double. We are here to change that by giving the self-employed and gig economy workers access to mortgages.”

Founded in 2013, Griffin Funding became the fastest growing mortgage company in the nation in 2017 (83rd overall) for its 2014-2016 growth and the 693rd fastest growing company overall in 2018 for its 2015-2017 growth, according to Inc. The company currently operates in California, Hawaii, Arizona, Washington, Colorado, and Texas, and focuses on providing veterans and the self-employed with five-star service.

“We are excited to offer lending solutions to self-employed homebuyers and homeowners by expanding our underwriting box to allow for alternative forms of income documentation to prove the ability to repay,” said Lyons. “Now those who traditionally would be rejected for a loan can get approved and buy a home.”

Griffin Funding allows self-employed borrowers to use bank statement deposits or assets as income rather than tax returns with low adjusted gross income (AGI). One of the most popular programs is where the self-employed buyer with a 700 credit score uses the average deposits on 24-month bank statements (business or personal) to qualify for a 10 percent down, $1.5 million mortgage with no mortgage insurance.

Not all lenders offering non-QM expanded criteria loans are the same. Griffin Funding frequently finds ways to fund loans on an exception basis as long as there are compensating factors and the loan makes sense. Griffin works directly off guidelines from the investor, with fewer overlays or restrictions than most other mortgage companies.

To do this, Griffin’s team of self-employed specialists prepare a comprehensive analysis for each client. In addition to bank statement and asset-based loans up to $5,000,000, the company also provides 40-year mortgages, interest-only mortgages, non-warrantable condo loans, foreign national loans, and investment property loans using the rental income to qualify.

To learn more about bank statement loans, visit

About Griffin Funding
Griffin Funding’s mission is to serve its military and self-employed clients with honesty, integrity, and competence through its flexible underwriting and five-star service. Through Griffin Funding’s wide selection of loan services, the company offers five-star customer service and competitive rates in minutes. Its loan specialists take a customized approach to each client, striving to understand and meet individual needs and looking ahead to create long-term plans for the future. For more information on Griffin Funding, visit

State Licensing: CA BRE 01943169 | CA DBO CFL 60DBO-44274 | Hawaii: HI-1120111 | Arizona: DFI 0939726 | WA: CL-1120111 | Texas: 1120111 (Texas Disclaimer) | Colorado: 1120111

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