• Up To 85% of The Purchase or Refinance
  • 80% For Cash Out Refinance
  • FICO as low as 600
  • Fast Close!
  • No Income Required 
  • No Employment Required

Best Rates and Terms for  DSCR Loan Ohio


CambridgeHomeLoan.com is your #1 trusted partner for unlocking real estate investment and DSCR Loan opportunities in Ohio with our specialized DSCR loans Ohio providing up to 85% LTV for purchase and refinance. Whether you’re a seasoned investor or just entering the market as a first time investor, our tailored financing solutions empower you to achieve your financial goals.

DSCR Loan Ohio from Ohio’s #1 Real Estate Lender. For purchases and refinancing we can go up to 85% LTV.
For Cash out Refinance Up to 80% LTV.


No Income Investment Loan
Just use rental income to qualify!
Up To 85% Of The Purchase Price
Interest Only terms available
30 and 40 year amortization options


Cash out re-fiinance your investment
property to build you portfolio today!
Low Rates, Up To 80% LTV!
Minimal Documentation
Fast Close


Refinance and Reap the benefits of passive income from your investment property.
No income or employment required!
Up to 40 year amortization
Interest Only Options! 85% LTV/

The premier rental property investment loan option for long term cash flowing properties,
Up to 85% LTV for A DSCR Loan Ohio

For investors who have an existing short-term loan looking for an opportunity to streamline a 30-year term Debt Service Coverage Ratio Loan for non-owner-occupied rental investment properties.

DSCR Loan Ohio Benefits:

  • No evidence of personal income required
  • Maximize cash flow with 30 and 40 year interest only programs
  • Cash out to continue building your portfolio
  • Fast Close!
  • No verification of employment
DSCR Loan Ohio


dscr loan program


*Up To 85% LTV
* Cash Out Refinance
* 15-30 Day Close!
* No Income Required
* No Employment Required

rental loan


* Cash-out & Refinance
*30 or 40 year loan..
* Closing 30 days!
* Up To 80% LTV

fix and flip loan programs


*Up to 90% of the Purchase
*100% of the Rehab.
* Closing as fast as 5 days!
* Fix to Flip or Fix to Refi .

construction loan


*Ground Up Construction
Up To 80% Of Land
* 100% of Construction
* Builders and Developers!

What are the requirement to obtain a Debt Service Coverage Ratio (DSCR) Loan in Ohio?

The only requirement for a DSCR loan in Ohio is the assets ability to repay the debt on the loan. Typically a DSCR Loan lender in Ohio will have a required ratio that needs to be met to qualify for the DSCR loan.  A 1x means that the cash flow of the property needs to cover 100% of the property expenses including the mortgage. Some Ohio lenders require the DSCR to cover 1.2 or 1.25 times. The higher this ratio the better for both the lender and the property owner. If your DSCR ratio is 1.2, than your properties cash flow covers 20% more than the properties expenses. 

How to calculate your properties DSCR in Ohio:

DSCR= NOI (Net operating income) -Expense
 Mortgage Payment 

Example: Income of $4000.00  Expenses $1,000.00, Mortgage Payment $2,000.00
Income – Expenses = $3,000.00 divided by $2,000 = $1.5%  DSCR ratio =1.5%
Anything over 1 means you are profitable. Under 1 means that there is not enough cash to cover your expenses.
 Step By Step DSCR Loan Application Process:
Step 1: Apply

Click here and fill out the application.

Step 2: Submit Proof of Your Properties Income

As your creditworthiness is verified by the income you will generate from the property you are buying; you need to provide proof that your property can cover the mortgage payments. So, provide the needed documents to showcase your property’s income against the loan amount.


Step 3: DSCR Calculation and 1007 Rent Schedule

Once you submit the loan application, your lender will calculate the DSCR ratio, which must be greater than 1, to have your mortgage approved. Moreover, during the appraisal the lender will require a 1007 Rent Schedule to know the property’s fair market rent and ensure the property can sustain the mortgage with market rents.

Step 4: Closing

DSCR loans do not need information about your financial history; the application and closing procedure is considerably faster than those for other types of mortgage loan programs.

Once you are approved for the loan, you will be provided with the interest rate, monthly payment, and the closing costs. Once agreed, you will go through the underwriting process, sign the final documents and close the loan.

What is the process turnaround time for a DSCR Loan Application?

The typical process turnaround time for a DSCR loan application involves providing potential borrowers with a term sheet within a time frame of just hours. Following the submission of a loan application, we aim to respond promptly and efficiently by issuing a term sheet detailing the terms of the loan within this time frame.

What Are The Best Areas In Ohio To Invest With A DSCR Loan Today?

Columbus Ohio: As the state capital and Ohio’s largest city, Columbus is a dynamic economic and cultural center. The city’s diverse economy, including finance, technology, and healthcare, makes it an attractive destination for real estate investments. Columbus’s expanding population and job market contribute to a growing demand for both residential and commercial properties.

Cincinnati Ohio: Nestled along the Ohio River, Cincinnati is known for its historic charm and thriving arts scene. The city’s diverse economy, with strengths in manufacturing, healthcare, and logistics, presents a range of real estate investment opportunities. Cincinnati’s vibrant neighborhoods and riverfront developments make it an appealing destination for various real estate ventures. There are some great fix and flip opportunities in Cincinnati that can then be refinanced with a DSCR Loan. 

Cleveland: Positioned along Lake Erie, Cleveland is a major industrial and cultural hub. The city’s ongoing revitalization efforts, diverse economy, and affordable housing market make it attractive for real estate investors. Cleveland’s cultural institutions and waterfront developments enhance its real estate potential.

Dayton: Known for its aviation history, Dayton offers a stable real estate market with various investment opportunities. The city’s affordability, research institutions, and healthcare sector contribute to its appeal for both residential and commercial investments. Dayton’s strategic location in the state adds to its real estate potential.

Toledo: Located along the western shores of Lake Erie, Toledo has a diverse economy with strengths in manufacturing and healthcare. – The city’s waterfront location and affordable housing market make it an intriguing destination for real estate investments. Toledo’s cultural attractions and ongoing developments contribute to its real estate appeal.

Akron: Known for its industrial history, Akron has diversified its economy, particularly in healthcare and technology. The city’s affordable living costs and ongoing revitalization efforts make it an attractive option for real estate investors. Akron’s strategic location within the state adds to its real estate potential. 

Before investing in real estate in Ohio, investors should conduct thorough market research, consider local economic factors, and familiarize themselves with each city’s unique characteristics. Finding a local real estate expert can help provide valuable market information and may have some great deals in their pocket.  When ready reach out to CambridgeHomeLoan.com for financing success. 


Are DSCR Loans Expensive?

DSCR loans typically require a 20-25% down payment.

Is it hard to get a DSCR Loan in Ohio?

Not at all! Approval for DSCR loan in Ohio is easier because it depends on your property’s income rather than your financial situation.
DSCR loans are simpler to obtain, and the application procedure is more efficient and simplified. The criteria for DSCR loans are generally less stringent.

What type of property can I buy with a DSCR Loan?

The DSCR loan allows you to acquire a wide range of properties for various purposes, including short-term and long-term rental. You can buy a single family investment property, 1-4 Family or 5+ Multifamily.

How long is a DSCR loan?

DSCR loans are typically given for terms of anywhere from 5 to 25 years, with the most common being 15 or 20 years. The length of the loan will generally be determined by the lender based on factors such as the type of property being purchased and the projected cash flow of the business.

How can I improve my DSCR?

The easiest way to improve your DSCR is to invest more money, but you can also buy insurance, fight annual property taxes, and charge more rent. Allowing pets or including extra amenities like a washer and dryer are easy ways to increase your rent. Additionally, In order to improve your DSCR, you need to increase your net operating income or reduce your debt service payments.

How do I know if I’m eligible for an Ohio DSCR Loan?

To be eligible for a DSCR Loan In Ohio, you must have strong credit and income. Most importantly, you’ll need to demonstrate that you can make your mortgage payments by providing proof of income from your rental property.

What is a no DSCR loan?

A no DSCR loan is a type of commercial loan that does not require the borrower to have a  DSCR of 1.0 or higher. This indicates that the borrower does not need to earn enough income to cover their monthly debt payments. No DSCR loans are typically used by businesses that are expanding or taking on new projects, as they may not have the income necessary to meet all their debt obligations.

What are the pros and cons of a DSCR loan?

• Easier to qualify than other investment property loans
• No personal income verification is required
• Flexible underwriting guidelines
• It can be used to finance properties with little or no rental history
• Higher interest rates and fees than conventional mortgages
• 20-25% down payment required
• Must provide proof of income from rental property to qualify
• Closing costs can be high for DSCR loans.

Overall, DSCR loans can make it easier to purchase investment properties and provide flexible financing options. Be sure to compare lenders and get the best rate available for your situation.

What does a DSCR ratio of 1.25% mean?

A DSCR of 1.25 means that there is sufficient cash flow to cover the loan payments and other debt obligations. Specifically, a DSCR of 1.25 indicates that for every $1.25 in annual loan payments, there is $1.00 of net income available to pay those debts after accounting for all operating expenses (including taxes and depreciation).

A DSCR of 1.25 is considered a good ratio by lenders, as it shows that the borrower has sufficient income to cover their loan payments. It also indicates that the borrower’s debt obligations are manageable. In general, lenders prefer to see a DSCR of at least 1.15 for conventional loans and 1.25 for investment properties.

Rental income: $150000, Expenses: $25000, Mortgage Payment: $100000
DSCR= $150K – $25K/ $100K
= $125K/$100K = 1.25

A higher DSCR is even better, as it shows the lender that the borrower has more than enough income to cover their loan payments.

Do you need good credit for a DSCR loan in Ohio?

No, you do not need good credit for a DSCR loan. While your credit score is still important, it carries less weight when it comes to qualifying for a DSCR loan. This is because lenders will focus more on the rental income and expenses associated with the property in order to determine if the borrower can make their loan payments.

What is a DSCR for commercial loans?

The debt service coverage ratio (DSCR) for commercial loans is a measure of an entity’s ability to meet its debt obligations. It is calculated by dividing the net operating income (NOI) by the total loan payments per year. The higher the DSCR, the more cash flow there is available to make payments on the loan, and it is thus preferred by lenders.

What is the maximum DTI (Debt to income) for a DSCR loan?

The maximum debt-to-income (DTI) ratio for a DSCR loan is usually 45%. This means that the borrower must have income that is at least 45% lower than their total monthly debt payments.

In other words, if your total monthly debts are $2,000, then you’ll need to demonstrate at least $1,800 in monthly income to qualify for a DSCR loan.
While this is the general rule of thumb, lenders may have different requirements, so it’s best to check with your lender to see what their specific DTI requirements are. There are also other programs that require no DTI ratio.

How many DSCR loans can you have?

Generally, there is no limit on how many DSCR loans you can have. However, lenders will usually impose a maximum loan-to-value (LTV) ratio and/or total debt service coverage ratio (TDSCR) when determining the amount of money they are willing to lend out. It’s important for borrowers to work with lenders to ensure that their rental income and expenses align so that they can meet the loan terms.

What are the landlord friendly laws in Ohio that benefit real estate investors?

Ohio has landlord friendly laws that make it easier for owners and landlords to manage their rental properties and handle any legal issues that may arise, creating a favorable environment in Ohio for property investors.

Why invest in Ohio using DSCR Loans

Investing in Ohio using a Debt Service Coverage Ratio (DSCR) loan offers several compelling reasons for potential investors. Firstly, Ohio boasts a robust rental market, particularly in major cities like Cleveland, Columbus, and Cincinnati, where demand for rental properties remains high. This provides a promising opportunity for investors to secure a reliable source of rental income. Additionally, the cost of purchasing rental properties in Ohio is comparatively affordable when compared to other states, making it an attractive investment choice for landlords seeking to maximize their financial returns. Furthermore, Ohio’s landlord-friendly laws create a conducive legal environment for property owners to effectively manage their rental assets and navigate any potential legal challenges that may arise. The state’s real estate market is on a growth trajectory, with properties witnessing a steady appreciation in value over time. This trend suggests that investors in Ohio can potentially benefit from long-term returns on their investments. Ultimately, combining the benefits of a strong rental market, affordable real estate prices, favorable landlord laws, and a growing real estate market makes investing in Ohio with DSCR loans a strategic and promising financial decision.

What are the loan amounts and interest rates for a DSCR Loan in Ohio?

Loan amounts for a DSCR Loan in Ohio start with a minimum loan amount of $75,000 and up to $25 million dollars. 

What is the starting interest rate for Ohio DSCR loans?
The starting interest rate for Ohio DSCR loans is 5.875%.

What is the maximum loan amount for Ohio DSCR loans?
The maximum loan amount for Ohio DSCR loans is $25,000,000+

What is the minimum loan amount for Ohio DSCR loans?
The minimum loan amount for Ohio DSCR loans is $75,000.


Why Use CambridgeHomeLoan.com?

  • CambridgeHomeLoan.com is an Expertise in Ohio Real Estate: With over 25 years of experience in the Ohio real estate market, we have a deep understanding of local dynamics, helping you make informed investment decisions.
  • Personalized Service: We believe in building lasting relationships with our clients. Our team is dedicated to providing personalized service to guide you through every step of the financing process.
  • Transparent and Competitive Terms: We pride ourselves on transparent communication and competitive loan terms. You can trust us to deliver a financing solution that aligns with your objectives.

Start Your Real Estate Journey Today:

Don’t miss out on the lucrative real estate opportunities Ohio has to offer. Take the first step towards financial success by applying for a DSCR loan Ohio with CambridgeHomeLoan.com. Unlock the potential of your real estate investments and build a prosperous future.

Ready to transform your real estate ventures in Ohio? Apply for your DSCR loan today!

What are the advantages of DSCR loans compared to traditional commercial loans?

DSCR loans offer advantages over traditional investment and commercial loans in terms of flexibility and accessibility.  Unlike traditional commercial loans, DSCR loans are not solely dependent on the borrower’s credit score or personal financial history.  This makes a DSCR Loans more suitable financing  option for real estate investors in Ohio who may have less than perfect credit or with limited personal income.  Instead of focusing on the borrowers financial standing DSCR loans consider the property’s ability to generate enough revenue to cover the debt service including the mortgage, taxes, insurance, hoa fees, etc.. This is alternatively called an asset based loan since it primarily focuses on the asset being financed.


DSCR Loans Florida

Home DSCR Loans in Florida and around the US with a Fix and Flip Loan and DSCR Loan Florida from CambridgeHomeLoan.com.

Read More »
ultimate guide to dscr loan

Ultimate Guide To DSCR Loans

Home The Ultimate Guide to DSCR Loans: Everything You Need to Know Introduction When it comes to real estate investment, finding innovative financing solutions is

Read More »

For more information on hard money loans CLICK HERE!

Investment Loans, Investment Rental Loans, DSCR Loan Ohio, DSCR Loans, Debt Service Coverage Loans. Commercial Real Estate Loans, Dscr loans for investment properties