Conventus for Ohio investors
Conventus is a direct DSCR lender with a short-term rental underwriting focus, licensed in California plus 44 other states (45 total). The company does not publish minimum credit score, DSCR, loan size, or rate figures in the sources reviewed; borrowers should request current terms directly.
Ohio context
Ohio strongest cash flow markets in nation. Cleveland, Akron, Dayton, Youngstown all produce 0.7-1%+ rent-to-price ratios.
How Conventus positions in Ohio
For Ohio specifically, Conventus fits investors who match the hard money approach. The high cash flow profile of Ohio aggregate makes it a target market for Conventus.
City-level coverage in Ohio
Conventus provides DSCR coverage across Ohio metros including Columbus, Cleveland, and Cincinnati. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Conventus program terms apply uniformly across Ohio metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | rental DSCR, STR DSCR |
| Loan size | — - — |
| Rates | Not publicly published |
| Points | Not publicly published |
| Max LTV | Not publicly published |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| Ohio property tax | 1.6% |
| Ohio state income tax | 3.99% |
Conventus strengths in Ohio
- Short-term rental DSCR underwriting focus
- Direct lender
- Licensed in California plus 44 other states (45 total)
Ideal borrower: Short-term rental investor seeking a DSCR lender that specializes in STR underwriting.
FAQ
Yes, operates nationally including Ohio. Conventus is based in an undisclosed location and operates nationally.
Columbus is the top investor market in Ohio and falls within Conventus national coverage. Columbus property tax follows the Ohio state rate of 1.6 percent. Conventus typically underwrites Columbus acquisitions at standard rate sheets.
Yes. Cleveland ranks among the larger Ohio investor metros and sees consistent DSCR loan volume from Conventus. Submarket variation within Cleveland matters for property selection.
Conventus applies the same rate sheet across Ohio metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Columbus, Cleveland, and Cincinnati all qualify for the same Conventus program.
Conventus does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience.
Ohio strongest cash flow markets in nation. Cleveland, Akron, Dayton, Youngstown all produce 0.7-1%+ rent-to-price ratios. Conventus follows standard business-purpose loan structures.
Conventus funds rental DSCR, STR DSCR in Ohio.
Ohio allows standard DSCR prepay structures; Conventus typically uses 3-5 year step down.
Conventus typical close: Not publicly published.
Bottom line
For Ohio DSCR borrowers, Conventus is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Conventus.