DSCR Loans in Lucas County, Ohio
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 118 lenders made 992 investment-property loans in Lucas County, 4.6% of Ohio's total. Dominick Prevete arranges DSCR loans across Lucas 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 $200,000.
Lucas County investor market at a glance
| Statistic | Lucas County | Ohio | County rank |
|---|---|---|---|
| Investor loans | 992 | 21,703 | 6th of 30 |
| Reporting lenders | 118 | 551 | 7th of 30 |
| Loan volume | $111.5M | $3.64B | 7th of 30 |
| Average loan | $112K | $168K | 28th of 30 |
| Median loan | $95K | $135K | 27th of 30 |
| Purchases | 66.8% | 59.1% | 7th of 30 |
| Cash-out refinances | 22.7% | 20.0% | 10th of 30 |
| 2–4 unit properties | 23.6% | 23.7% | 13th of 30 |
| Top five lenders' share | 45.2% | 28.8% | 8th of 30 |
| Reported business-purpose | 73.4% | 76.4% | 15th of 30 |
Lucas County: closed-end loans on 1–4 unit investment properties. Lucas County's rank is highest first, among Ohio's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Lucas County's investor loans.
What stands out in Lucas County
The median investor loan in Lucas County was $95K, the 2nd-lowest median of Ohio's 30 counties with published data (statewide: $135K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
66.8% of Lucas County's investor loans were purchases, the 7th-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.
Does a DSCR loan pencil in Lucas County?
At HUD's fair market rent of $1,461 for a 3-bedroom in Lucas County, Ohio, a rental covers its full DSCR payment up to a purchase price of about $200,000, with 20% down at the 7.25% starting rate (November 2026). Lucas County's median home value is $163,900; at that price the payment is $1,194 a month, so the property would need $1,200 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) | $1,145 / $1,461 / $1,558 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $163,900 |
| Median property taxes and effective rate | $2,773 (1.69% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,194 |
| Rent needed to cover that payment | $1,200 |
| Coverage of a 3-bedroom at fair market rent | 1.22 |
| Highest price a 3-bedroom at fair market rent covers | about $200,000 |
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 Lucas County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Lucas County?
The most active investment-property lenders in Lucas County in 2025 HMDA data were UNITED SHORE FINANCIAL SERVICES, LLC; BPL MORTGAGE TRUST, LLC; and Kiavi Funding, Inc., out of 118 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 Lucas County, and matches each file to the one most likely to fund it.
Lucas County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 992 loans and $111.5M from 118 lenders. UNITED SHORE FINANCIAL SERVICES, LLC led Lucas County with 167 loans, 16.8% of the county's total, and the average Lucas County loan of $112K compares with $168K across Ohio.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| UNITED SHORE FINANCIAL SERVICES, LLC | 167 | $13.7M | $82K | 78.4% |
| BPL MORTGAGE TRUST, LLC | 140 | $11.1M | $80K | 55.7% |
| Kiavi Funding, Inc. | 75 | $9.3M | $125K | 88.0% |
| Loan Funder LLC | 38 | $7.3M | $192K | 76.3% |
| The Huntington National Bank | 28 | $2.9M | $105K | 75.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 27 | $3.2M | $118K | 92.6% |
| Rocket Mortgage, LLC | 26 | $3.0M | $114K | 46.2% |
| FIRST OHIO HOME FINANCE, INC. | 23 | $2.1M | $93K | 60.9% |
| EQUITY RESOURCES, INC. | 20 | $1.9M | $98K | 90.0% |
| UNION HOME MORTGAGE CORP. | 19 | $2.1M | $111K | 63.2% |
| The Genoa Banking Company | 18 | $1.9M | $106K | 83.3% |
| Fifth Third Bank, National Association | 16 | $1.2M | $76K | 43.8% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 13 | $1.7M | $129K | 7.7% |
| SUN Federal Credit Union | 13 | $1.6M | $126K | 23.1% |
| KeyBank National Association | 13 | $1.6M | $123K | 61.5% |
| GUARANTEED RATE, INC. | 12 | $1.0M | $80K | 75.0% |
| CMG MORTGAGE, INC. | 11 | $1.8M | $161K | 72.7% |
| The Croghan Colonial Bank | 11 | $1.7M | $154K | 72.7% |
| NEWREZ LLC | 11 | $1.4M | $123K | 90.9% |
| Directions Credit Union, Inc. | 11 | $1.0M | $87K | 54.5% |
| OCMBC, INC. | 10 | $1.5M | $146K | 30.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | 10 | $0.9M | $88K | 0.0% |
| Citizens Bank, National Association | 9 | $1.1M | $126K | 77.8% |
| CV3 FINANCIAL SERVICES, LLC | 9 | $1.1M | $123K | 77.8% |
| THE LOAN STORE, INC. | 9 | $0.9M | $101K | 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 Lucas County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Lucas County CSV, all 25 lenders
What Lucas County's table can't show you: fit. Short-term financing is exempt from HMDA, so Lucas County's fix-and-flip and bridge lenders barely appear among its 118 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 Lucas County, Ohio deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Lucas 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 — Lucas County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 118 lenders and 992 loans: 2025 HMDA loan-level data rolled up to Lucas County.
- Lucas County investor-lender dataset (CSV) — All 25 lenders in the Lucas County, Ohio table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Lucas 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 Toledo, OH MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Lucas 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.