Ohio DSCR Loans for STR Financing

Grow Your Portfolio with DSCR Loans

Whether you're purchasing STRs in Columbus, rental homes in Cleveland, or multifamily properties in Cincinnati, our DSCR loans  provide Ohio investors with the flexibility and competitive rates needed to grow. These loans are based on your property’s income—not your personal W-2s, tax returns, or credit score. We focus on whether the rental income can fully support the loan. With affordable property values and strong tenant demand in urban and college markets, Ohio is a prime state for scalable real estate investing. DSCR loans help you qualify faster and avoid the red tape of traditional underwriting, making it easier to expand.

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How to qualify

To obtain a quote, we will need the following information:

Property Value and

 Purchase Price


Down Payment

Amount


Credit Score



 Asset Types

  • Single Family Homes
  • Townhomes
  • Condos
  • 2 - 4 Units (Duplex, Triplex, Quadplex)
  • Multi-Family: 5 - 8 Units
  • Mixed-Use: 2 - 8 Units
  • Multi-Family: 9+ Unit



Loan Terms


  • Loan Sizes: $100k up to $3.5 Million (Larger loan sizes available on a case by case basis)
  • Purchase LTV: Up to 85%
  • Rate & Term Refinance LTV: Up to 80% 
  • Cash Out Refinance LTV: Up to 80%
  • Amortization: 30 Year % 40 Year Amortization Options Available
  • Term Lengths: 5/6 ARMs, 7/6 ARMs, 10 Year Interest Only, 30 Year Fixed & 40 Year Fixed
  • Floor Rate: 5.50% (subject to change daily due to market volatility)
  • Full Recourse with personal guarantee required for all borrowers with majority ownership (typically 20%+ or 25%+ if closing in an Entity)
  • DSCR Requirement: 1.00x or greater depending on loan size and property type. Sub-1.00x DSCR and NO DSCR options available.
  • Vesting: Lending to Individuals, LLCs, and Corporations. Trusts Allowable on a Case by Case Basis.
  • Average Time to Close: 14 to 35 days

Wondering if you qualify for investment property financing in your area?


We offer lending services in all 50 states!

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Frequently Asked Questions

What is a DSCR loan and how does it work for Ohio real estate investors?

A DSCR loan (Debt Service Coverage Ratio loan) is structured for real estate investors who want to qualify based on property income rather than personal earnings or employment history. If a rental property’s income covers its debt obligations, the loan can often be approved—even with limited documentation. This makes DSCR loans ideal for investors with complex financials or growing portfolios. In Ohio markets like Columbus, Cleveland, and Cincinnati, where rental demand is consistent, DSCR loans offer the flexibility to finance new properties and scale quickly.

How is DSCR calculated in a typical loan scenario?

In Ohio, DSCR is calculated by dividing a property’s net operating income (NOI) by its total annual debt service—including mortgage payments, taxes, and insurance. For example, if an Ohio rental earns $102,000 in NOI and carries $85,000 in debt, the DSCR would be 1.20. This shows the rental generates enough cash flow to cover the loan comfortably. Most Ohio lenders require a DSCR of at least 1.00, but higher ratios are often necessary to qualify for competitive terms—especially in markets like Columbus, Cleveland, and Cincinnati. Understanding how DSCR works in Ohio helps investors assess rental income performance and secure financing that aligns with their goals.

What is considered a good DSCR ratio for Ohio investors when applying for financing?

A DSCR of 1.20 is widely accepted as a good threshold in Ohio. While a 1.00 ratio may meet minimum lending standards, a 1.20 DSCR provides a buffer that reduces lender risk and improves overall loan terms. In Ohio cities like Columbus, Cleveland, or Cincinnati, aiming for a higher DSCR increases your likelihood of approval and can lead to better rates or reduced reserves. Understanding what counts as a strong DSCR in Ohio allows investors to prioritize financially sound properties that support long-term cash flow and loan performance.

Can I qualify for a DSCR loan if my personal income is limited?

Yes, you can qualify for a DSCR loan even if your personal income is limited. DSCR loans, often referred to as Airbnb loans when used for short-term rental properties, are designed to approve borrowers based on the income the property generates—not personal W-2s, tax returns, or debt-to-income ratios. Lenders calculate the property's debt service coverage ratio to determine if the income is sufficient to support the loan. As long as the DSCR meets the required threshold—usually 1.00 or higher—you can often be approved regardless of personal income. This makes Airbnb loans ideal for self-employed investors, business owners, or anyone scaling a rental portfolio without relying on traditional underwriting standards.

How does a lender evaluate rental income when approving a DSCR loan?

Ohio lenders evaluate DSCR loans by focusing on the rental income generated by the property—not your job, credit score, or W-2s. In Ohio, lenders review lease agreements, market rent data, or STR income reports to estimate the property’s net operating income. This income is divided by annual debt obligations to calculate the DSCR. If the ratio is 1.00 or higher, Ohio investors may qualify—even with limited personal income. DSCR loans in Ohio are popular for real estate investors who want to grow without traditional income barriers. Understanding how rental income is evaluated in Ohio is essential for building a scalable portfolio.

What’s the minimum debt service coverage ratio required for approval?

In Ohio, lenders generally require a minimum DSCR of 1.00 to approve a DSCR loan. Some Ohio lenders may accept ratios as low as 0.75, but only if supported by strong credit, reserves, or investor experience. A DSCR of 1.20 or higher is considered ideal in Ohio for improved interest rates and underwriting flexibility. DSCR loans in Ohio are commonly used in markets like Columbus, Cleveland, and Cincinnati, where cash flow plays a key role in lender decision-making. Understanding the minimum DSCR requirement in Ohio ensures investors build deals that align with local lending expectations and improve the chance of approval.

Who should consider using a DSCR instead of a traditional loan?

These loans are perfect for self-employed individuals, LLCs, and investors managing multiple properties. Ohio investors often choose DSCR loans to bypass W-2s and tax returns, qualifying instead through property cash flow. From Columbus to Cincinnati, Ohio borrowers can close deals faster and expand their portfolios more easily. DSCR lending in Ohio provides a direct, scalable path to real estate investment financing.

Expanding your rental portfolio beyond Ohio? We also offer financing in Indiana and Pennsylvania , making it easy to scale across the Midwest and Mid-Atlantic with the same asset-based approval process.