Published terms, read October 29, 2026
CoreVest vs Griffin Funding: published loan terms side by side
DSCR floor: CoreVest 0.80x, Griffin Funding no minimum. On a $2,000 monthly payment (principal, interest, taxes, insurance and HOA), CoreVest needs at least $1,600 of rent; Griffin Funding sets no floor. Below is everything else each one publishes on its own website, term by term.
The two lenders
CoreVest
Investor lender and a subsidiary of Redwood Trust, Inc., known for larger rental portfolio loans as well as single-property DSCR and bridge loans.
Griffin Funding
Direct-to-consumer mortgage lender founded in 2013 and based in San Diego, California (NMLS 1120111). It offers DSCR loans alongside VA, bank-statement and other non-QM products.
The differences that change a deal
- Credit on rentals: CoreVest publishes a 640 minimum, Griffin Funding 620.
- Leverage on a rental purchase: up to 80% at CoreVest, 85% at Griffin Funding, which is 5 points of down payment on the same house.
- CoreVest publishes terms for fix and flip loans; Griffin Funding publishes no terms of its own for them.
- CoreVest publishes terms for ground-up construction loans; Griffin Funding publishes no terms of its own for them.
- CoreVest publishes terms for rental portfolio (blanket) loans; Griffin Funding publishes no terms of its own for them.
- Smallest DSCR loan: $75,000 at CoreVest, $100,000 at Griffin Funding.
DSCR rental loans
| Term | CoreVest | Griffin Funding |
|---|---|---|
| Loan amount | $75,000 to $3,000,000+ | $100,000 to $4,500,000 (larger loans by exception) |
| Max LTV (purchase) | Up to 80% LTV | Up to 80% LTV standard (20% down). Up to 85% (15% down) with a 740+ FICO on loans up to $1,000,000. Cash-out up to 80% LTV |
| Min FICO | 640 (typical) | 620 |
| Min DSCR | 0.80x | No minimum (no-ratio program available) |
| Experience | Not required | Not published |
| Property types | 1-4 units, condos, townhomes | 1-4 units, condos, townhomes, PUDs and short-term rentals |
CoreVest also publishes fix and flip loans; Griffin Funding does not. CoreVest also publishes ground-up construction loans; Griffin Funding does not. CoreVest also publishes rental portfolio (blanket) loans; Griffin Funding does not.
States and borrower rules
| Lender | Where it lends | Borrowing entity | Foreign nationals |
|---|---|---|---|
| CoreVest | Nationwide except Nevada, Idaho, North Dakota and South Dakota. [src] | A special purpose entity (usually an LLC) is required on some programs; construction borrowers can be an LLC, corporation or LP. [src][src] | Not published |
| Griffin Funding | All 50 states and Washington, DC for DSCR loans, per the DSCR page. Its state-licensing page lists licenses in 47 states plus DC (New York, Utah and West Virginia are not on that list). [src][src] | Not required. You can borrow as an individual or through a U.S. LLC with a personal guarantee. Partnership, corporation, S corp or revocable-trust vesting depends on the program. [src] | Offered through a separate Foreign National program: valid visa or visa waiver, at least 20% down, loans up to $5 million, typically up to four units. The DSCR page itself mentions only individuals and U.S. LLCs. [src][src] |
For reference: our programs next to both
Doors Funded programs are arranged by Janover Capital LLC, which is paid when they close. They are shown separately so the comparison above stays between the two lenders.
| Lender | Loan amount | Max LTV (purchase) | Min FICO | Min DSCR | Experience | Source |
|---|---|---|---|---|---|---|
| Doors FundedOur programs, arranged by Janover Capital LLC, which is paid when they close | $75,000 to $2,000,000 | Up to 80% LTV (75% cash-out) | 660 | 1.05x | Not required | terms |
| CoreVest | $75,000 to $3,000,000+ | Up to 80% LTV | 640 (typical) | 0.80x | Not required | [1][2][3] |
| Griffin Funding | $100,000 to $4,500,000 (larger loans by exception) | Up to 80% LTV standard (20% down). Up to 85% (15% down) with a 740+ FICO on loans up to $1,000,000. Cash-out up to 80% LTV | 620 | No minimum (no-ratio program available) | Not published | [1][2] |
If neither fits
Sources
- CoreVest: 30-year DSCR loans. Read October 24, 2026.
- CoreVest: fix and flip loans. Read October 24, 2026.
- CoreVest: ground-up construction loans. Read October 24, 2026.
- CoreVest: rental portfolio loans. Read October 24, 2026.
- CoreVest: FAQs. Read October 24, 2026.
- Griffin Funding: DSCR loans. Read October 29, 2026.
- Griffin Funding: DSCR loan requirements. Read October 29, 2026.
- Griffin Funding: Foreign national lending. Read October 29, 2026.
- Griffin Funding: State licensing. Read October 29, 2026.
Have a deal in hand?
Send the numbers. We check them against our programs and tell you plainly whether the deal fits.