DSCR Loans in Clark County, Ohio
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 62 lenders made 263 investment-property loans in Clark County, 1.2% of Ohio's total. Dominick Prevete arranges DSCR loans across Clark 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 $205,000.
Clark County investor market at a glance
| Statistic | Clark County | Ohio | County rank |
|---|---|---|---|
| Investor loans | 263 | 21,703 | 13th of 30 |
| Reporting lenders | 62 | 551 | 18th of 30 |
| Loan volume | $34.5M | $3.64B | 18th of 30 |
| Average loan | $131K | $168K | 23rd of 30 |
| Median loan | $115K | $135K | 19th of 30 |
| Purchases | 71.5% | 59.1% | 4th of 30 |
| Cash-out refinances | 14.1% | 20.0% | 26th of 30 |
| 2–4 unit properties | 31.6% | 23.7% | 3rd of 30 |
| Top five lenders' share | 45.2% | 28.8% | 8th of 30 |
| Reported business-purpose | 71.5% | 76.4% | 18th of 30 |
Clark County: closed-end loans on 1–4 unit investment properties. Clark County's rank is highest first, among Ohio's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Clark County's investor loans.
What stands out in Clark County
31.6% of Clark County's investor loans financed a 2–4 unit property, the 3rd-highest share of Ohio's 30 counties with published data (statewide: 23.7%).
2–4 unit properties are common here. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
71.5% of Clark County's investor loans were purchases, the 4th-highest share of Ohio's 30 counties with published data (statewide: 59.1%).
Most investor loans here are purchases. A DSCR purchase qualifies on the property's rent, so you can get written terms before you make an offer with the Instant Term Sheet.
14.1% of Clark County's investor loans were cash-out refinances, the 5th-lowest share of Ohio's 30 counties with published data (statewide: 20.0%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
Does a DSCR loan pencil in Clark County?
At HUD's fair market rent of $1,434 for a 3-bedroom in Clark County, Ohio, a rental covers its full DSCR payment up to a purchase price of about $205,000, with 20% down at the 7.25% starting rate (November 2026). Clark County's median home value is $169,900; at that price the payment is $1,166 a month, so the property would need $1,175 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) | $1,160 / $1,434 / $1,648 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $169,900 |
| Median property taxes and effective rate | $2,019 (1.19% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,166 |
| Rent needed to cover that payment | $1,175 |
| Coverage of a 3-bedroom at fair market rent | 1.23 |
| Highest price a 3-bedroom at fair market rent covers | about $205,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $335,000 |
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 Clark County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Clark County?
The most active investment-property lenders in Clark County in 2025 HMDA data were New Carlisle Federal Savings Bank; Kiavi Funding, Inc.; and The Park National Bank, out of 62 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 two that reported in Clark County, and matches each file to the one most likely to fund it.
Clark County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 263 loans and $34.5M from 62 lenders. New Carlisle Federal Savings Bank led Clark County with 38 loans, 14.4% of the county's total, and the average Clark County loan of $131K compares with $168K across Ohio.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| New Carlisle Federal Savings Bank | 38 | $5.0M | $133K | 84.2% |
| Kiavi Funding, Inc. | 29 | $3.6M | $125K | 62.1% |
| The Park National Bank | 28 | $2.8M | $101K | 71.4% |
| The Farmers & Merchants State Bank | 14 | $1.4M | $101K | 92.9% |
| The Citizens National Bank of Bluffton | 10 | $1.6M | $160K | 90.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 10 | $1.2M | $121K | 40.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 8 | $1.0M | $130K | 100.0% |
| WRIGHT-PATT CREDIT UNION, INC. | 8 | $1.0M | $125K | 87.5% |
| The Merchants National Bank | 7 | $1.0M | $144K | 85.7% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 6 | $1.1M | $178K | 50.0% |
| BPL MORTGAGE TRUST, LLC | 6 | $0.9M | $143K | 33.3% |
| Greenville Federal | 5 | $1.4M | $273K | 100.0% |
| The Richwood Banking Company | 5 | $0.6M | $119K | 80.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 4 | $0.4M | $100K | 25.0% |
| Rocket Mortgage, LLC | 4 | $0.4M | $95K | 50.0% |
| HOMEXPRESS MORTGAGE CORP. | 3 | $0.6M | $212K | 66.7% |
| CV3 FINANCIAL SERVICES, LLC | 3 | $0.6M | $192K | 100.0% |
| Minster Bank | 3 | $0.5M | $158K | 66.7% |
| OCMBC, INC. | 3 | $0.4M | $145K | 33.3% |
| FIRST COMMUNITY MORTGAGE, INC. | 3 | $0.4M | $145K | 100.0% |
| Union Savings Bank | 3 | $0.4M | $142K | 100.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 3 | $0.4M | $132K | 66.7% |
| Northpointe Bank | 3 | $0.4M | $132K | 0.0% |
| U.S. Bank National Association | 3 | $0.2M | $78K | 33.3% |
| Loan Funder LLC | 3 | $0.2M | $72K | 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 Clark County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Clark County CSV, all 25 lenders
What Clark County's table can't show you: fit. Short-term financing is exempt from HMDA, so Clark County's fix-and-flip and bridge lenders barely appear among its 62 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 Clark County, Ohio deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Clark 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 — Clark County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 62 lenders and 263 loans: 2025 HMDA loan-level data rolled up to Clark County.
- Clark County investor-lender dataset (CSV) — All 25 lenders in the Clark County, Ohio table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Clark 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 Springfield, OH MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Clark 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.