Griffin Funding vs Logan Finance
What each lender publishes about financing short-term rentals, side by side. Griffin Funding: all 50 states + dc. Logan Finance: not itemized.
The short version
- Griffin Funding accepts STR history or a projection; Logan Finance needs 12 months of STR history.
- Griffin Funding has the lower minimum credit score (620 vs 700).
- Griffin Funding has the higher max purchase LTV (85% vs 75%).
- Griffin Funding has the higher max cash-out LTV (80% vs 70%).
- Griffin Funding has the lower minimum loan ($100K vs $150K).
- Only Logan Finance publishes a minimum DSCR (1.00).
- Griffin Funding allows first-time investors; Logan Finance does not allow them.
Based only on published figures, checked Oct 19, 2026. Published maximums usually need top credit. Confirm with the lender.
| Term | Griffin FundingDirect lender (consumer-direct) | Logan FinanceWholesale / correspondent |
|---|---|---|
| STR income method | Either griffinfunding.com · checked Oct 19, 2026 | 12-month history loganfinance.com · checked Oct 19, 2026 |
| STR income details | 12-month history: 12 months Airbnb/Vrbo history; 80% where a 20% expense factor applies, 100% on other programs. Projection: Purchase: AirDNA and/or appraiser STR analysis (often the lower of the two); 80% or 100% by program. griffinfunding.com · checked Oct 19, 2026 | 12-month history: Refi: lower of appraisal market rent or 12-month STR history (third-party manager verified); no % factor published. Projection: Purchase: appraisal market rent (long-term), not STR projections. STR max LTV 75%. loganfinance.com · checked Oct 19, 2026 |
| Min credit score | 620 griffinfunding.com · checked Oct 19, 2026 | 700 loganfinance.com · checked Oct 19, 2026 |
| Min DSCR | Not published | 1.00 loganfinance.com · checked Oct 19, 2026 |
| DSCR below 1.0 | Yes Lender sources · checked Oct 18, 2026 | No loganfinance.com · checked Oct 19, 2026 |
| No-ratio option | Yes Lender sources · checked Oct 18, 2026 | No loganfinance.com · checked Oct 19, 2026 |
| Max LTV (purchase) | 85% Lender sources · checked Oct 18, 2026 | 75% loganfinance.com · checked Oct 19, 2026 |
| Max LTV (cash-out/refi) | 80% griffinfunding.com · checked Oct 19, 2026 | 70% loganfinance.com · checked Oct 19, 2026 |
| Min loan | $100K griffinfunding.com · checked Oct 19, 2026 | $150K loganfinance.com · checked Oct 19, 2026 |
| Max loan | $4.5M griffinfunding.com · checked Oct 19, 2026 | $1.5M loganfinance.com · checked Oct 19, 2026 |
| Prepayment | 0-5 year terms; common structure is a 5-year step-down (5/4/3/2/1); can be bought out at closing griffinfunding.com · checked Oct 19, 2026 | Required; 1-5 year options loganfinance.com · checked Oct 19, 2026 |
| States served | All 50 states + DC Lender sources · checked Oct 18, 2026 | Not published |
| First-time investors | Yes griffinfunding.com · checked Oct 19, 2026 | No loganfinance.com · checked Oct 19, 2026 |
| Channel | Direct lender (consumer-direct) | Wholesale / correspondent |
| Last verified |
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Not a lender or broker. No referral fees. For education only. Figures come from each lender's public pages on the date shown and can change without notice, so verify them with the lender. Rates are estimates, not quotes. How we source data.