DSCR Loans in Ashtabula County, Ohio
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
LinkedIn35 closed transactionsNLPI LLC, NJ entity ID 0451062247 (verify on the NJ business search)
In 2025 HMDA data, 43 lenders made 108 investment-property loans in Ashtabula County, 0.5% of Ohio's total. Dominick Prevete arranges DSCR loans across Ashtabula County, Ohio, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.25% (November 2026), and most close in 14 days. At HUD's fair market rent, a three-bedroom rental there covers its full payment up to a price of about $175,000.
Ashtabula County investor market at a glance
| Statistic | Ashtabula County | Ohio | County rank |
|---|---|---|---|
| Investor loans | 108 | 21,703 | 28th of 30 |
| Reporting lenders | 43 | 551 | 25th of 30 |
| Loan volume | $13.3M | $3.64B | 29th of 30 |
| Average loan | $123K | $168K | 25th of 30 |
| Median loan | $105K | $135K | 24th of 30 |
| Purchases | 60.2% | 59.1% | 20th of 30 |
| Cash-out refinances | 26.9% | 20.0% | 3rd of 30 |
| 2–4 unit properties | 24.1% | 23.7% | 12th of 30 |
| Top five lenders' share | 39.8% | 28.8% | 14th of 30 |
| Reported business-purpose | 71.3% | 76.4% | 20th of 30 |
Ashtabula County: closed-end loans on 1–4 unit investment properties. Ashtabula County's rank is highest first, among Ohio's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Ashtabula County's investor loans.
What stands out in Ashtabula County
26.9% of Ashtabula County's investor loans were cash-out refinances, the 3rd-highest share of Ohio's 30 counties with published data (statewide: 20.0%).
On the DSCR cash-out refinances Dominick arranges, cash-out can close with no seasoning.
The median investor loan in Ashtabula County was $105K, the 5th-lowest median of Ohio's 30 counties with published data (statewide: $135K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
Does a DSCR loan pencil in Ashtabula County?
At HUD's fair market rent of $1,225 for a 3-bedroom in Ashtabula County, Ohio, a rental covers its full DSCR payment up to a purchase price of about $175,000, with 20% down at the 7.25% starting rate (November 2026). Ashtabula County's median home value is $159,500; at that price the payment is $1,098 a month, so the property would need $1,100 in rent to cover it.
At that price, the rent covers the full payment, which is the test a standard DSCR loan qualifies on.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,003 / $1,225 / $1,402 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $159,500 |
| Median property taxes and effective rate | $1,928 (1.21% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,098 |
| Rent needed to cover that payment | $1,100 |
| Coverage of a 3-bedroom at fair market rent | 1.12 |
| Highest price a 3-bedroom at fair market rent covers | about $175,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $290,000 |
Fair market rent is HUD's 40th-percentile gross rent, including utilities; a property's appraised market rent can be higher or lower. Payment uses 20% down, a 30-year amortization at the published DSCR starting rate, the county's median effective property-tax rate and insurance at 0.50% of value. Purchase leverage goes up to 85% on qualifying files. This is an illustration, not a term sheet or an offer of credit.
Price your actual deal →Run Ashtabula County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Ashtabula County?
The most active investment-property lenders in Ashtabula County in 2025 HMDA data were BPL MORTGAGE TRUST, LLC; The Huntington National Bank; and The Andover Bank, out of 43 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders, including one that reported in Ashtabula County, and matches each file to the one most likely to fund it.
Ashtabula County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 108 loans and $13.3M from 43 lenders. BPL MORTGAGE TRUST, LLC led Ashtabula County with 24 loans, 22.2% of the county's total, and the average Ashtabula County loan of $123K compares with $168K across Ohio.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| BPL MORTGAGE TRUST, LLC | 24 | $2.1M | $89K | 50.0% |
| The Huntington National Bank | 6 | $0.7M | $117K | 50.0% |
| The Andover Bank | 5 | $0.4M | $79K | 40.0% |
| A&D Mortgage LLC | 4 | $0.7M | $185K | 50.0% |
| Ixonia Bank | 4 | $0.5M | $130K | 100.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 4 | $0.5M | $118K | 50.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 4 | $0.4M | $105K | 75.0% |
| First Commonwealth Bank | 4 | $0.3M | $83K | 100.0% |
| Seven Seventeen Credit Union | 4 | $0.3M | $68K | 75.0% |
| DEEPHAVEN MORTGAGE LLC | 3 | $0.7M | $228K | 33.3% |
| UNION HOME MORTGAGE CORP. | 3 | $0.5M | $178K | 66.7% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 3 | $0.4M | $135K | 66.7% |
| RAIN CITY CAPITAL, LLC | 3 | $0.3M | $112K | 0.0% |
| FIRST OHIO HOME FINANCE, INC. | 3 | $0.1M | $45K | 100.0% |
| NEWREZ LLC | 2 | $0.5M | $250K | 50.0% |
| RUOFF MORTGAGE COMPANY, INC. | 2 | $0.3M | $135K | 50.0% |
| LIBERTY HOME MORTGAGE CORPORATION | 2 | $0.3M | $125K | 100.0% |
| Citadel Servicing Corporation | 2 | $0.2M | $110K | 100.0% |
| LENDINGONE, LLC | 2 | $0.2M | $110K | 0.0% |
| The Savings Bank | 1 | $0.4M | $395K | 0.0% |
| NFM, INC. | 1 | $0.3M | $345K | 100.0% |
| LEI:984500RF83EA742B5589 | 1 | $0.3M | $325K | 0.0% |
| Union Savings Bank | 1 | $0.3M | $295K | 100.0% |
| Loan Funder LLC | 1 | $0.3M | $255K | 100.0% |
| Rocket Mortgage, LLC | 1 | $0.2M | $215K | 100.0% |
1,125 Ohio loans (5.2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Ashtabula County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Ashtabula County CSV, all 25 lenders
What Ashtabula County's table can't show you: fit. Short-term financing is exempt from HMDA, so Ashtabula County's fix-and-flip and bridge lenders barely appear among its 43 filers, and none of the 25 names above tells you whose guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders — including some on this list — so it lands with the one most likely to fund it.
Price your loan →National Loan Provider is an independent broker and maintains wholesale relationships with some listed lenders. Appearing in this table is not an endorsement or a recommendation.
Run the coverage test on your Ashtabula County, Ohio deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter an Ashtabula County, Ohio property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — Ashtabula County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 43 lenders and 108 loans: 2025 HMDA loan-level data rolled up to Ashtabula County.
- Ashtabula County investor-lender dataset (CSV) — All 25 lenders in the Ashtabula County, Ohio table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Ashtabula County's 2-, 3- and 4-bedroom fair market rents in the rent math, and the 3-bedroom rent its highest-price figure uses: HUD's FY2027 figures for the Ashtabula County, OH HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Ashtabula County's median home value (B25077) and median property taxes paid (B25103) in the rent math, from the Census 2020–2024 ACS 5-year summary files.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.25%, as of November 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.