DSCR Loans in Franklin County, Ohio
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 213 lenders made 2,714 investment-property loans in Franklin County, 12.5% of Ohio's total. Dominick Prevete arranges DSCR loans across Franklin 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 $265,000.
Franklin County investor market at a glance
| Statistic | Franklin County | Ohio | County rank |
|---|---|---|---|
| Investor loans | 2,714 | 21,703 | 2nd of 30 |
| Reporting lenders | 213 | 551 | 3rd of 30 |
| Loan volume | $614.7M | $3.64B | 2nd of 30 |
| Average loan | $226K | $168K | 5th of 30 |
| Median loan | $185K | $135K | 4th of 30 |
| Purchases | 54.0% | 59.1% | 26th of 30 |
| Cash-out refinances | 23.1% | 20.0% | 9th of 30 |
| 2–4 unit properties | 20.3% | 23.7% | 18th of 30 |
| Top five lenders' share | 31.1% | 28.8% | 27th of 30 |
| Reported business-purpose | 79.3% | 76.4% | 6th of 30 |
Franklin County: closed-end loans on 1–4 unit investment properties. Franklin County's rank is highest first, among Ohio's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Franklin County's investor loans.
What stands out in Franklin County
The median investor loan in Franklin County was $185K, the 4th-highest median of Ohio's 30 counties with published data (statewide: $135K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
The five most active lenders wrote 31.1% of Franklin County's investor loans, the 4th-lowest share of Ohio's 30 counties with published data (statewide: 28.8%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
54.0% of Franklin County's investor loans were purchases, the 5th-lowest share of Ohio's 30 counties with published data (statewide: 59.1%).
Refinances are a larger share here than in most of Ohio. A DSCR refinance qualifies on the property's current rent.
Does a DSCR loan pencil in Franklin County?
At HUD's fair market rent of $1,909 for a 3-bedroom in Franklin County, Ohio, a rental covers its full DSCR payment up to a purchase price of about $265,000, with 20% down at the 7.25% starting rate (November 2026). Franklin County's median home value is $288,400; at that price the payment is $2,048 a month, so the property would need $2,050 in rent to cover it.
Coverage under 1.00 doesn't end the deal: the DSCR programs Dominick arranges go down to no-ratio, priced for the lower coverage, and a lower price or a larger down payment raises the ratio.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,602 / $1,909 / $2,172 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $288,400 |
| Median property taxes and effective rate | $4,244 (1.47% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,048 |
| Rent needed to cover that payment | $2,050 |
| Coverage of a 3-bedroom at fair market rent | 0.93 |
| Highest price a 3-bedroom at fair market rent covers | about $265,000 |
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 Franklin County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Franklin County?
The most active investment-property lenders in Franklin County in 2025 HMDA data were Kiavi Funding, Inc.; BPL MORTGAGE TRUST, LLC; and NFM, INC., out of 213 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 Franklin County, and matches each file to the one most likely to fund it.
Franklin County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 2,714 loans and $614.7M from 213 lenders. Kiavi Funding, Inc. led Franklin County with 310 loans, 11.4% of the county's total, and the average Franklin County loan of $226K compares with $168K across Ohio.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 310 | $65.4M | $211K | 81.3% |
| BPL MORTGAGE TRUST, LLC | 192 | $38.0M | $198K | 5.7% |
| NFM, INC. | 136 | $26.8M | $197K | 68.4% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 110 | $28.6M | $260K | 42.7% |
| MM LENDING, LLC | 96 | $20.2M | $211K | 0.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 96 | $19.1M | $199K | 56.2% |
| CROSSCOUNTRY MORTGAGE, INC. | 80 | $14.4M | $180K | 73.8% |
| Union Savings Bank | 76 | $15.3M | $201K | 75.0% |
| CV3 FINANCIAL SERVICES, LLC | 55 | $11.4M | $207K | 56.4% |
| Rocket Mortgage, LLC | 52 | $8.5M | $164K | 36.5% |
| FIRST OHIO HOME FINANCE, INC. | 50 | $9.8M | $195K | 66.0% |
| DEEPHAVEN MORTGAGE LLC | 47 | $9.3M | $198K | 31.9% |
| Loan Funder LLC | 46 | $10.1M | $220K | 52.2% |
| OCMBC, INC. | 45 | $11.1M | $247K | 46.7% |
| THE LOAN STORE, INC. | 35 | $7.1M | $203K | 62.9% |
| The Huntington National Bank | 35 | $6.8M | $195K | 51.4% |
| Archwest Funding | 35 | $6.4M | $182K | 5.7% |
| PENNYMAC LOAN SERVICES, LLC | 32 | $8.3M | $259K | 78.1% |
| GUARANTEED RATE, INC. | 32 | $7.5M | $236K | 90.6% |
| AMERICAN HERITAGE LENDING, LLC | 30 | $6.4M | $215K | 23.3% |
| LOWER, LLC | 30 | $6.4M | $214K | 60.0% |
| JPMorgan Chase Bank, National Association | 29 | $6.7M | $231K | 69.0% |
| UNION HOME MORTGAGE CORP. | 29 | $5.6M | $194K | 72.4% |
| NEWREZ LLC | 27 | $5.8M | $215K | 55.6% |
| THE EQUITABLE MORTGAGE CORPORATION | 25 | $5.2M | $207K | 80.0% |
1,125 Ohio loans (5.2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Franklin County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Franklin County CSV, all 25 lenders
What Franklin County's table can't show you: fit. Short-term financing is exempt from HMDA, so Franklin County's fix-and-flip and bridge lenders barely appear among its 213 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 Franklin County, Ohio deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Franklin 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 — Franklin County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 213 lenders and 2,714 loans: 2025 HMDA loan-level data rolled up to Franklin County.
- Franklin County investor-lender dataset (CSV) — All 25 lenders in the Franklin County, Ohio table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Franklin 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 Columbus, OH HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Franklin 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.