DSCR and Hard Money Loans in Ohio
Financing for real estate investors buying, renovating and renting in Ohio.
- DSCR, fix and flip and portfolio loans
- 660 minimum credit for DSCR, no income documentation
- $75,000 to about $2.5 million
Loans for Ohio investors
Ohio is one of the states where we do the most lending. Many of our investors buy and hold rentals in Cleveland, Columbus, Cincinnati, Dayton and Toledo, often from out of state.
- DSCR rental loans: 30-year fixed loans for long-term and short-term rentals, qualified on the property's rent instead of your income. No tax returns or pay stubs; approval needs a valid ID, 2 months of bank statements and a soft credit pull. Minimum credit score 660.
- Fix and flip loans: short-term loans to buy and renovate, with rehab money released in draws as the work gets done. No experience required.
- Portfolio loans: put two or more Ohio rentals (or rentals across several states) under one loan and one payment.
Loans from $75,000 to about $2.5 million, to individuals, LLCs, corporations or trusts.
Where we lend in Ohio
Statewide, including Cleveland, Columbus, Cincinnati, Dayton, Toledo, Akron, Youngstown and Canton.
Buying in Ohio from out of state?
Many of our Ohio borrowers live somewhere else. DSCR loans qualify on the property's rent, so where you live and work doesn't change the approval. Close in your LLC, and our team handles the busy work: gathering documents, chasing the appraisal and keeping you updated through closing.
Common questions
Do you lend in Ohio?
Yes, statewide. Ohio is one of the states where we close the most loans.
Can I close an Ohio loan in my LLC?
Yes. Individuals, LLCs, corporations and trusts. Expect to personally guarantee the loan; that's standard.
What credit score do I need for a DSCR loan in Ohio?
660 and above.
How fast can you close?
DSCR loans in as little as 10 days, typically 3 to 4 weeks. Fix and flip loans in as little as 5 days.
Do you lend in other states too?
Yes. Every state except Alaska, Hawaii, Nevada, North Dakota, South Dakota and Vermont.
Have a Ohio deal? Let's talk it through.
Get a quote online or call our team.
