Investment property financing built for Ohio
Ohio gives investors three large, distinct metros and a low cost of entry, and New City Financial is built to fund deals across all of them. We provide business-purpose financing on rental, multifamily, and commercial real estate throughout the state — from Columbus, Cleveland, and Cincinnati to Dayton, Akron, Toledo, and Youngstown — on the strength of the property rather than a stack of personal paperwork.
Because we underwrite the asset’s cash flow instead of your tax returns, our programs fit how Ohio investors operate: self-employed and portfolio buyers, LLC-titled property, and out-of-state owners drawn by the Midwest’s high rent-to-price ratios. Whether you’re acquiring a garden-apartment complex in Columbus, a retail center in suburban Cincinnati, or last-mile industrial near the Rickenbacker Inland Port, you get one lender, consistent terms, and a fast path to close.
DSCR loans in Ohio
A DSCR loan qualifies on the property’s income instead of your personal income: we divide its net operating income by the annual loan payments (the debt-service coverage ratio) and lend from a 1.0 DSCR, with up to 75% LTV, $75K–$50MM, and credit from a 500 FICO. That’s why many Ohio investors use DSCR loans to buy, refinance, or pull cash out of rentals and commercial property without tax returns.
Ohio’s larger metros — Columbus, Cleveland, Cincinnati, Dayton, and Toledo — draw rental investors looking for cash flow, from single-family rentals and small multifamily to mixed-use buildings. Because a DSCR loan is sized on the rent a property actually collects, a well-leased Ohio rental can qualify without any personal income documentation.
Refinancing? See our DSCR refinance program or the commercial real estate refinance guide.
Loan programs for Ohio investors
Every New City Financial program is available on qualifying Ohio investment and commercial property. Not sure which fits your deal? Start the form and we’ll route you to the right one.
Cash-Out Refinance
Tap into your property's equity to access capital for your next investment or business opportunity.
Learn moreDSCR Refinance
Refinance your investment property based on cash flow rather than personal income.
Learn moreMulti-Family & Apartment Loans
Financing solutions for apartment complexes and multifamily residential properties of all sizes.
Learn moreDSCR Loans
Qualify on the property's rental cash flow, not your personal income — purchase investment property with no tax returns.
Learn moreFix and Flip Loans
Fast funding for fix-and-flip projects with competitive rates and flexible terms designed for investors.
Learn moreARV Loans
Loans based on the after-repair value of your property, not just the current value.
Learn moreForeign Investor Loans
Financing solutions for international investors looking to purchase commercial and investment properties.
Learn moreProperty types we finance in Ohio
We lend on business-purpose investment and commercial real estate across Ohio — from single-family rentals and small multifamily to larger apartment, retail, office, industrial, and mixed-use assets. Owner-occupied commercial space is eligible; primary residences are not.
Why Ohio investors choose New City Financial
We finance the property, not your paperwork
Approval is based on the property’s rental income (its DSCR) — no personal tax returns, W-2s, or employment verification. Ideal for investors with strong properties but complex personal finances.
Considered from a 500 FICO
Where most lenders draw the line at a 620–680 score, a cash-flowing, business-purpose property can carry the loan. First-time and portfolio investors are both welcome.
Close in under 3 weeks
Investor-focused underwriting and minimal paperwork mean most files fund fast — the speed that wins competitive deals and lets you scale.
One lender, consistent terms
Up to 75% LTV, loans from $75K to $50MM, on a single set of terms across 40+ states — so you can grow a portfolio without switching lenders deal to deal.
Financing a property in Ohio? Get your number in minutes.
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Ohio commercial loan FAQs
Does New City Financial lend on investment property in Ohio?
Yes. We finance business-purpose investment and commercial real estate throughout Ohio — across the three big metros of Columbus, Cleveland, and Cincinnati and mid-size markets like Dayton, Akron, Toledo, and Youngstown. Loans run from $75K to $50MM at up to 75% LTV.
Can I get an Ohio commercial loan without tax returns?
Yes. Our DSCR programs qualify the loan on the property’s rental cash flow rather than your personal income, so no tax returns, W-2s, or employment verification are required. That fits Ohio’s many self-employed, LLC-titled, and out-of-state investors.
What credit score do I need for a DSCR loan in Ohio?
Credit is considered from a 500 FICO. Because approval leans on the property’s cash flow and a standard loan-to-value of up to 75%, a strong Ohio asset can carry the loan even when personal credit is imperfect.
How fast can you close a commercial loan in Ohio?
Most Ohio files close in under three weeks. Investor-focused underwriting and minimal documentation keep the process fast — an advantage when you’re competing for cash-flowing Midwest assets.
What loan-to-value can I get on Ohio investment property?
Up to 75% LTV. You’ll typically bring 25% or more as equity; stronger credit and property cash flow generally earn better pricing. Loans range from $75K to $50MM across all eligible property types.
Do you lend across all of Ohio’s major metros?
Yes. We finance property statewide — the three “C” metros of Columbus, Cleveland, and Cincinnati, plus lower-basis secondary markets like Dayton, Akron, Toledo, and Youngstown. Business-purpose and owner-occupied commercial property is eligible; primary residences are not.
Financing your Ohio deal with New City Financial
New City Financial provides business-purpose financing on Ohio investment and commercial property — multifamily, industrial, retail, mixed-use, office, and more. Qualify on the property’s cash flow (DSCR), not your personal tax returns, with up to 75% LTV, loans from $75K to $50MM, a 500 FICO minimum, and closings in under three weeks. Owner-occupied commercial space is eligible; primary residences are not. Get a no-obligation quote in minutes, or call (855) 848-2862 to talk it through with a specialist.