Griffin Funding vs Newfi Wholesale
What each lender publishes about financing short-term rentals, side by side. Griffin Funding: all 50 states + dc. Newfi Wholesale: licensed in 49 states/dc.
The short version
- Both accept STR history or a projection.
- Griffin Funding has the lower minimum credit score (620 vs 640).
- Griffin Funding has the higher max purchase LTV (85% vs 75%).
- Griffin Funding has the higher max cash-out LTV (80% vs 75%).
- Griffin Funding has the lower minimum loan ($100K vs $125K).
- Only Newfi Wholesale publishes a minimum DSCR (1.00).
- Griffin Funding allows first-time investors; Newfi Wholesale allows 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) | Newfi WholesaleWholesale |
|---|---|---|
| STR income method | Either griffinfunding.com · checked Oct 19, 2026 | Either newficorrespondent.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: 12-month lookback, 80% of gross receipts. Projection: Purchases: 1007 STR, AirDNA Rentalizer (score/occupancy minimums) or rental data, at 80%; experienced investors only. STR min DSCR above 1.00. STR max LTV 75%. newficorrespondent.com · checked Oct 19, 2026 |
| Min credit score | 620 griffinfunding.com · checked Oct 19, 2026 | 640 newfiwholesale.com · checked Oct 19, 2026 |
| Min DSCR | Not published | 1.00 newfiwholesale.com · checked Oct 19, 2026 |
| DSCR below 1.0 | Yes Lender sources · checked Oct 18, 2026 | No newfiwholesale.com · checked Oct 19, 2026 |
| No-ratio option | Yes Lender sources · checked Oct 18, 2026 | No newfiwholesale.com · checked Oct 19, 2026 |
| Max LTV (purchase) | 85% Lender sources · checked Oct 18, 2026 | 75% newfiwholesale.com · checked Oct 19, 2026 |
| Max LTV (cash-out/refi) | 80% griffinfunding.com · checked Oct 19, 2026 | 75% newfiwholesale.com · checked Oct 19, 2026 |
| Min loan | $100K griffinfunding.com · checked Oct 19, 2026 | $125K newfiwholesale.com · checked Oct 19, 2026 |
| Max loan | $4.5M griffinfunding.com · checked Oct 19, 2026 | $3M newfiwholesale.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 | 1-5 years: 6 months' interest, fixed 5%, or 5/4/3/2/1 step-down; not allowed in AK, DC, IL, MD, MI, MS, NM, RI, VT newfiwholesale.com · checked Oct 19, 2026 |
| Reserves | Not published | 3 months PITI up to $1.5M; 6 months above $1.5M; 9 months above $2M; novice investors 6 months; STR under 60% occupancy needs 9 months; loan proceeds may count newfiwholesale.com · checked Oct 19, 2026 |
| States served | All 50 states + DC Lender sources · checked Oct 18, 2026 | Licensed in 49 states/DC Licensing page (Nexera Holding LLC dba Newfi) lists 48 states + DC; site is not approved for use in New York. DSCR footprint is not itemized separately. newfi.com · checked Oct 19, 2026 |
| First-time investors | Yes griffinfunding.com · checked Oct 19, 2026 | Yes Lender sources · checked Oct 18, 2026 |
| Channel | Direct lender (consumer-direct) | Wholesale |
| 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.