DSCR Loans in Wood 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, 44 lenders made 100 investment-property loans in Wood County, 0.5% of Ohio's total. Dominick Prevete arranges DSCR loans across Wood 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.
Wood County investor market at a glance
| Statistic | Wood County | Ohio | County rank |
|---|---|---|---|
| Investor loans | 100 | 21,703 | 29th of 30 |
| Reporting lenders | 44 | 551 | 24th of 30 |
| Loan volume | $15.6M | $3.64B | 28th of 30 |
| Average loan | $156K | $168K | 16th of 30 |
| Median loan | $135K | $135K | 15th of 30 |
| Purchases | 66.0% | 59.1% | 11th of 30 |
| Cash-out refinances | 14.0% | 20.0% | 27th of 30 |
| 2–4 unit properties | 19.0% | 23.7% | 22nd of 30 |
| Top five lenders' share | 36.0% | 28.8% | 20th of 30 |
| Reported business-purpose | 45.0% | 76.4% | 29th of 30 |
Wood County: closed-end loans on 1–4 unit investment properties. Wood County's rank is highest first, among Ohio's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Wood County's investor loans.
What stands out in Wood County
45.0% of Wood County's investor loans were reported as business-purpose, the 2nd-lowest share of Ohio's 30 counties with published data (statewide: 76.4%).
Fewer investor loans here were reported as business-purpose than in most of Ohio. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
14.0% of Wood County's investor loans were cash-out refinances, the 4th-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 Wood County?
At HUD's fair market rent of $1,461 for a 3-bedroom in Wood 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). Wood County's median home value is $227,600; at that price the payment is $1,592 a month, so the property would need $1,600 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) | $1,145 / $1,461 / $1,558 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $227,600 |
| Median property taxes and effective rate | $3,059 (1.34% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,592 |
| Rent needed to cover that payment | $1,600 |
| Coverage of a 3-bedroom at fair market rent | 0.92 |
| Highest price a 3-bedroom at fair market rent covers | about $205,000 |
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 Wood County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Wood County?
The most active investment-property lenders in Wood County in 2025 HMDA data were The Huntington National Bank, The Union Bank Company and The Farmers & Merchants State Bank, out of 44 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 Wood County, and matches each file to the one most likely to fund it.
Wood County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 100 loans and $15.6M from 44 lenders. The Huntington National Bank led Wood County with 9 loans, 9.0% of the county's total, and the average Wood County loan of $156K compares with $168K across Ohio.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| The Huntington National Bank | 9 | $0.9M | $98K | 66.7% |
| The Union Bank Company | 8 | $1.1M | $141K | 50.0% |
| The Farmers & Merchants State Bank | 7 | $1.0M | $144K | 28.6% |
| The State Bank and Trust Company | 6 | $0.9M | $147K | 66.7% |
| The Genoa Banking Company | 6 | $0.6M | $105K | 100.0% |
| Civista Bank | 5 | $0.9M | $189K | 60.0% |
| Rocket Mortgage, LLC | 4 | $0.7M | $180K | 100.0% |
| Kiavi Funding, Inc. | 4 | $0.7M | $163K | 75.0% |
| CMG MORTGAGE, INC. | 3 | $0.5M | $178K | 66.7% |
| SUN Federal Credit Union | 3 | $0.4M | $142K | 33.3% |
| Signature Bank, National Association | 3 | $0.4M | $135K | 0.0% |
| EQUITY RESOURCES, INC. | 3 | $0.4M | $132K | 100.0% |
| First Federal Savings and Loan Association of Lakewood | 2 | $0.6M | $285K | 100.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | 2 | $0.5M | $235K | 100.0% |
| Directions Credit Union, Inc. | 2 | $0.4M | $190K | 50.0% |
| Click n' Close, Inc. | 2 | $0.3M | $165K | 100.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 2 | $0.3M | $125K | 50.0% |
| Loandepot.Com, LLC | 2 | $0.2M | $105K | 100.0% |
| Fifth Third Bank, National Association | 2 | $0.1M | $75K | 50.0% |
| The Croghan Colonial Bank | 1 | $0.6M | $645K | 0.0% |
| NFM, INC. | 1 | $0.5M | $535K | 100.0% |
| CARRINGTON MORTGAGE SERVICES, LLC | 1 | $0.3M | $305K | 100.0% |
| A&D Mortgage LLC | 1 | $0.3M | $275K | 100.0% |
| Loan Funder LLC | 1 | $0.2M | $235K | 0.0% |
| Union Savings Bank | 1 | $0.2M | $235K | 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 Wood County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Wood County CSV, all 25 lenders
What Wood County's table can't show you: fit. Short-term financing is exempt from HMDA, so Wood County's fix-and-flip and bridge lenders barely appear among its 44 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 Wood County, Ohio deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Wood 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 — Wood County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 44 lenders and 100 loans: 2025 HMDA loan-level data rolled up to Wood County.
- Wood County investor-lender dataset (CSV) — All 25 lenders in the Wood County, Ohio table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Wood 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 — Wood 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.