DSCR Loans in Richland County, Ohio
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 41 lenders made 200 investment-property loans in Richland County, 0.9% of Ohio's total. Dominick Prevete arranges DSCR loans across Richland 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 $195,000.
Richland County investor market at a glance
| Statistic | Richland County | Ohio | County rank |
|---|---|---|---|
| Investor loans | 200 | 21,703 | 18th of 30 |
| Reporting lenders | 41 | 551 | 26th of 30 |
| Loan volume | $24.2M | $3.64B | 23rd of 30 |
| Average loan | $121K | $168K | 26th of 30 |
| Median loan | $105K | $135K | 24th of 30 |
| Purchases | 75.5% | 59.1% | 1st of 30 |
| Cash-out refinances | 14.5% | 20.0% | 25th of 30 |
| 2–4 unit properties | 29.5% | 23.7% | 6th of 30 |
| Top five lenders' share | 59.0% | 28.8% | 4th of 30 |
| Reported business-purpose | 83.5% | 76.4% | 4th of 30 |
Richland County: closed-end loans on 1–4 unit investment properties. Richland County's rank is highest first, among Ohio's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Richland County's investor loans.
What stands out in Richland County
75.5% of Richland County's investor loans were purchases, the 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.
By share of investor loans reported as business-purpose, Richland County ranks 4th-highest of Ohio's 30 counties with published data (statewide: 76.4%).
83.5% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
The five most active lenders wrote 59.0% of Richland County's investor loans, the 4th-highest share of Ohio's 30 counties with published data (statewide: 28.8%).
Five lenders write 59.0% of the loans here, so comparing written term sheets matters more.
Does a DSCR loan pencil in Richland County?
At HUD's fair market rent of $1,370 for a 3-bedroom in Richland County, Ohio, a rental covers its full DSCR payment up to a purchase price of about $195,000, with 20% down at the 7.25% starting rate (November 2026). Richland County's median home value is $164,800; at that price the payment is $1,140 a month, so the property would need $1,150 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) | $1,035 / $1,370 / $1,595 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $164,800 |
| Median property taxes and effective rate | $2,061 (1.25% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,140 |
| Rent needed to cover that payment | $1,150 |
| Coverage of a 3-bedroom at fair market rent | 1.20 |
| Highest price a 3-bedroom at fair market rent covers | about $195,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $295,000 |
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 Richland County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Richland County?
The most active investment-property lenders in Richland County in 2025 HMDA data were MECHANICS BANK; Kiavi Funding, Inc.; and The Park National Bank, out of 41 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 Richland County, and matches each file to the one most likely to fund it.
Richland County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 200 loans and $24.2M from 41 lenders. MECHANICS BANK led Richland County with 41 loans, 20.5% of the county's total, and the average Richland County loan of $121K compares with $168K across Ohio.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| MECHANICS BANK | 41 | $5.3M | $130K | 82.9% |
| Kiavi Funding, Inc. | 25 | $3.9M | $156K | 88.0% |
| The Park National Bank | 22 | $2.6M | $117K | 90.9% |
| BPL MORTGAGE TRUST, LLC | 15 | $1.1M | $76K | 66.7% |
| 21st Mortgage Corporation | 15 | $1.0M | $70K | 100.0% |
| LIMA ONE CAPITAL, LLC | 8 | $0.8M | $101K | 87.5% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 6 | $1.2M | $203K | 16.7% |
| CV3 FINANCIAL SERVICES, LLC | 6 | $0.6M | $103K | 83.3% |
| Loan Funder LLC | 6 | $0.6M | $93K | 83.3% |
| First Federal Community Bank of Bucyrus | 5 | $1.0M | $207K | 60.0% |
| The Huntington National Bank | 4 | $0.6M | $140K | 75.0% |
| Rocket Mortgage, LLC | 4 | $0.5M | $115K | 25.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 4 | $0.3M | $80K | 50.0% |
| ATOMIC CREDIT UNION, INC. | 4 | $0.2M | $45K | 100.0% |
| LENDINGONE, LLC | 3 | $0.3M | $92K | 66.7% |
| Sutton Bank | 2 | $0.4M | $195K | 100.0% |
| Hometown Equity Mortgage, LLC | 2 | $0.3M | $135K | 50.0% |
| FIRST OHIO HOME FINANCE, INC. | 2 | $0.2M | $120K | 100.0% |
| JPMorgan Chase Bank, National Association | 2 | $0.2M | $120K | 50.0% |
| UNION HOME MORTGAGE CORP. | 2 | $0.2M | $110K | 100.0% |
| First Commonwealth Bank | 2 | $0.2M | $110K | 100.0% |
| NEWREZ LLC | 1 | $0.3M | $265K | 0.0% |
| Farm Credit Mid-America | 1 | $0.3M | $255K | 100.0% |
| DOMINION FINANCIAL SERVICES, LLC | 1 | $0.2M | $185K | 0.0% |
| Union Savings Bank | 1 | $0.2M | $155K | 0.0% |
1,125 Ohio loans (5.2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Richland County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Richland County CSV, all 25 lenders
What Richland County's table can't show you: fit. Short-term financing is exempt from HMDA, so Richland County's fix-and-flip and bridge lenders barely appear among its 41 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 Richland County, Ohio deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Richland 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 — Richland County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 41 lenders and 200 loans: 2025 HMDA loan-level data rolled up to Richland County.
- Richland County investor-lender dataset (CSV) — All 25 lenders in the Richland County, Ohio table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Richland 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 Mansfield, OH MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Richland 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.