Two Programs, One Broker
Hard Money vs. DSCR — Which Fits Your Deal?
Both programs skip personal income docs. The right choice depends on your exit strategy.
Hard Money Loans
Fix & Flip · Bridge · Acquisition
Asset-based short-term financing for Ohio investors who need speed. Lenders evaluate the property value and your exit plan — not your W2 or tax returns. Ideal for competitive auction purchases, distressed acquisitions, and rehab projects where a 45-day conventional timeline loses deals.
- Close in as few as 7 days
- No W2 or tax returns required
- Up to 90% of purchase price
- Up to 100% of rehab costs
- LLCs and corporations welcome
- Auction and distressed purchases OK
- 6–18 month terms, interest-only
- Experienced and first-time investors
DSCR Loans
Rentals · BRRRR Exit · Long-Term Hold
Rental property loans that qualify on property cash flow, not personal income. The lender divides the property's gross monthly rent by the monthly payment (PITIA) — if the ratio is 1.0 or above, you qualify. No W2, no tax returns, no employment verification required.
- Qualify on property cash flow only
- No personal income docs required
- Long-term 30-year terms available
- LLC and entity closings standard
- BRRRR strategy supported
- No cap on number of properties
- Short-term rental (Airbnb/VRBO) eligible
- 660+ credit, LTV up to 80%
Hard Money
DSCR
Loan Purpose
Acquire, rehab, flip
Buy-and-hold rental
Term
6–18 months
15–30 years
Income Docs
None required
None required
Qualifying Factor
Asset value + ARV
Property cash flow (DSCR ratio)
Typical LTV
Up to 90% LTC
Up to 80% LTV
Close Speed
As few as 7 days
14–21 days
LLC Closing
Yes
Yes
Best For
Fix & flip, auctions, bridge
SFR rentals, BRRRR exit, multifamily
Statewide Coverage
Lending Across Ohio
We work with investors in every major Ohio market — and across all 88 counties.
Lending across the state — all 88 Ohio counties
Free Pre-Qualification
Get Pre-Qualified in Minutes
Tell us about your deal and we'll match you with the right Ohio hard money or DSCR lender from our panel of 15+. No credit pull. No obligation. A licensed specialist will reach out within 24 hours.
Fix & Flip / Rehab
Hard money — close in 7 days or less
Rental / Long-Term Hold
DSCR — qualify on property cash flow
BRRRR Exit Refinance
DSCR refi after stabilization
Auction / Bridge Purchase
Hard money — no conventional timeline
Ian Eichelberger, NMLS #368612. Barrett Financial Group, NMLS #181106. Licensed to originate in Ohio and additional states. This page is for informational purposes and does not constitute a loan commitment or guarantee of loan approval. Equal Housing Lender.
Frequently Asked Questions
Ohio investors ask us these questions every week.
How fast can you close on an Ohio hard money loan?
Hard money loans close based on asset value rather than personal income, which eliminates most of the documentation that slows conventional closings. For straightforward Ohio acquisitions, closing in 7–10 business days is realistic. Auction purchases and time-sensitive deals are common use cases.
Do I need tax returns or W2s to qualify?
No. Both hard money and DSCR loans are asset-based programs. Hard money lenders evaluate the property value and your exit strategy. DSCR lenders evaluate the property rental income relative to the monthly payment. Neither program requires W2s, personal tax returns, or employment verification.
What are your rates on Ohio hard money and DSCR loans?
Rates vary based on loan type, LTV, credit profile, loan-to-cost, and your experience as an investor. Hard money rates are typically higher than DSCR rates due to the short-term nature and higher risk of rehab projects. Pre-qualify to get your actual numbers — we work with 15+ lenders and match you to the best available terms for your scenario.