DSCR Loans Ohio | 30-Year Fixed Rental Property Financing
Qualify based on rental income—not your personal tax returns. Scale your Ohio portfolio with long-term financing for 1–4 unit investment properties in Columbus, Cleveland, and Cincinnati.
Need short-term funding for a flip or rehab? View our
Ohio Hard Money Programs
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What Is a DSCR Loan in Ohio?
A DSCR loan in Ohio is a 30-year fixed real estate investment mortgage that qualifies borrowers based on the property’s rental income rather than personal income, tax returns, or employment history.
DSCR stands for Debt Service Coverage Ratio. In Ohio, most programs require a minimum 1.05 DSCR, meaning the property’s rental income must cover the monthly mortgage payment. A 660+ mid-credit score is also required for qualification.
This program is designed for real estate investors in Columbus, Cleveland, and Cincinnati acquiring or refinancing 1–4 unit rental properties, townhomes, and warrantable condos without traditional bank income verification requirements.
DSCR Loan Requirements in Ohio
- Minimum 660+ mid credit score required
- DSCR ratio of 1.05 or higher required
- Loan amounts from $75,000 to $2,000,000
- 1–4 unit residential investment properties only
- Warrantable condos and townhomes allowed
- Single-family properties cannot be vacant at closing
- No rural or non-urban properties allowed
- Entity (LLC) ownership required
These guidelines ensure stable rental performance and long-term investor viability in Ohio’s rental markets.
Ohio Rental Markets We Fund
Our long-term rental financing programs are available throughout Ohio, with strong activity in high-demand metro areas where rental demand and investor returns remain consistent.
Investor Insight: Ohio continues to attract investors due to strong rent-to-price ratios and stable long-term tenant demand. Our financing programs are structured to support portfolio growth in both in-state and out-of-state investor markets.
Case Study: DSCR Loan – Cleveland Single-Family Rental
An investor in Cleveland purchased a 3-bedroom single-family rental property for $165,000. The property generated $1,650/month in rent with stable long-term tenants already in place.
Using a DSCR loan, the investor qualified without providing tax returns or employment documentation. The property achieved a DSCR of 1.12, meeting lender requirements.
Loan details:
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- Loan Amount: $132,000
Ohio DSCR Loan Example – Cleveland Rental Property Financing
A real estate investor purchased a 3-bedroom rental property in Cleveland, OH for $165,000. With long-term tenants already paying $1,650/month, the property qualified for our 30-year DSCR program based on cash flow—not personal income.
The Challenge: The investor wanted to avoid tax returns, W2s, and debt-to-income restrictions from traditional banks in order to scale additional properties.
Loan Highlights
- 🔹 Loan Amount: $132,000
- 🔹 Leverage: 80% LTV
- 🔹 DSCR Ratio: 1.12 (Minimum required: 1.05)
- 🔹 Closing Speed: 15 Days
- 🔹 Income Docs: None (No tax returns, W2s, or employment verification)
The investor closed quickly and secured a 30-year fixed-rate mortgage while preserving liquidity for additional Ohio acquisitions.
Ohio DSCR Loan Example – Columbus Rental Property Financing
A real estate investor purchased a 2-unit rental property in Columbus, OH for $210,000. The property was fully leased at closing, generating $2,100/month in rental income, making it a strong DSCR candidate.
The Challenge: The investor wanted to scale multiple Ohio rentals without being limited by personal income documentation or bank underwriting delays.
Loan Highlights
- 🔹 Loan Amount: $168,000
- 🔹 Leverage: 80% LTV
- 🔹 DSCR Ratio: 1.10 (Minimum required: 1.05)
- 🔹 Closing Speed: 14 Days
- 🔹 Income Docs: None (No tax returns, W2s, or employment verification)
The investor closed quickly and added a cash-flowing Columbus rental to their portfolio while preserving capital for future acquisitions.
Ohio DSCR Loan Example – Cincinnati Rental Property Financing
A real estate investor acquired a single-family rental in Cincinnati, OH for $185,000. The property was rented at $1,750/month, meeting DSCR qualification requirements at closing.
The Challenge: The borrower needed a 30-year fixed loan without providing tax returns or dealing with traditional bank underwriting delays.
Loan Highlights
- 🔹 Loan Amount: $148,000
- 🔹 Leverage: 80% LTV
- 🔹 DSCR Ratio: 1.08 (Minimum required: 1.05)
- 🔹 Closing Speed: 16 Days
- 🔹 Income Docs: None (No tax returns, W2s, or employment verification)
The investor secured long-term financing in Cincinnati while maintaining liquidity for additional rental acquisitions across Ohio.
- Down Payment: 20%
- DSCR: 1.12
- Close Time: 15 Days
The investor successfully refinanced and extracted equity for additional Ohio rental acquisitions.
Case Study: DSCR Loan – Columbus Townhome Portfolio
A Columbus-based investor acquired three townhomes in a growing suburban development near strong employment corridors.
Each property generated consistent rental income, achieving an average DSCR of 1.08 across the portfolio.
- Loan Amount: $620,000 (portfolio)
- Property Type: 3 Townhomes
- DSCR: 1.08 average
- Close Time: 17 Days
This DSCR loan allowed the investor to scale quickly without income verification barriers.
Case Study: DSCR Loan – Cincinnati Condo Investment
A real estate investor purchased a warrantable condo in downtown Cincinnati targeting long-term rental income from young professionals.
The unit achieved strong rental demand and met DSCR qualification at 1.07.
- Loan Amount: $285,000
- Property Type: Warrantable Condo
- DSCR: 1.07
- Close Time: 13 Days
The investor secured favorable long-term financing without personal income documentation.
Ohio DSCR Loan Program Summary
Our Ohio DSCR loan program is a long-term, 30-year fixed rental financing solution designed for real estate investors who want to scale portfolios without personal income verification, tax returns, or employment documentation. Approval is based on the property’s cash flow rather than borrower income.
This program is built for experienced and growing investors purchasing or refinancing 1–4 unit rental properties across Columbus, Cleveland, Cincinnati, and throughout Ohio. A minimum 660+ credit score and 1.05 DSCR ratio are required to qualify.
As a bank-alternative rental mortgage solution, this program provides stability, predictable payments, and long-term financing for investors focused on cash-flowing assets.
Ohio DSCR Loans – Frequently Asked Questions
What is a DSCR loan in Ohio?
A DSCR (Debt Service Coverage Ratio) loan is a 30-year fixed mortgage for investment properties that qualifies based on rental income rather than personal income, tax returns, or W-2s.
What are the requirements for an Ohio DSCR loan?
Typical requirements include a 660+ mid-credit score, a minimum 1.05 DSCR ratio, and adequate down payment (generally 20%–25%). This program is for 1–4 unit non-owner-occupied investment properties only.
How much down payment is required?
Most Ohio DSCR loans require a 20%–25% down payment depending on credit profile, property type, and cash flow strength.
Are short-term rentals like Airbnb allowed?
This DSCR program is designed for long-term rental properties. Short-term rental income is generally not used for qualification.
What are the downsides of a DSCR loan?
DSCR loans offer flexibility with no income verification, but may include slightly higher rates than conventional financing and may have prepayment penalties depending on the loan structure.
Do you lend in rural Ohio areas?
No. DSCR lending is limited to urban and suburban markets including Columbus, Cleveland, Cincinnati, Toledo, and Dayton.