Dominion Financial Services for Ohio investors
Dominion Financial Services is an established lender with comfort on distressed properties and flexibility on borrower credit profiles.
Ohio context
Ohio strongest cash flow markets in nation. Cleveland, Akron, Dayton, Youngstown all produce 0.7-1%+ rent-to-price ratios.
How Dominion Financial Services positions in Ohio
For Ohio specifically, Dominion Financial Services fits investors who match the hard money approach. The high cash flow profile of Ohio aggregate makes it a target market for Dominion Financial Services.
City-level coverage in Ohio
Dominion Financial Services provides DSCR coverage across Ohio metros including Columbus, Cleveland, and Cincinnati. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Dominion Financial Services program terms apply uniformly across Ohio metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, bridge, rental |
| Loan size | $50K - $5.0M |
| Rates | 9.5%-12.5% |
| Points | 1.5 - 4 |
| Max LTV | 75% of ARV |
| Term lengths | 6-18 months |
| Typical close time | 7-14 days typical |
| Ohio property tax | 1.6% |
| Ohio state income tax | 3.99% |
Dominion Financial Services strengths in Ohio
- experienced underwriting
- distressed property comfort
- flexible on credit
Ideal borrower: Investor on distressed deals or with credit hair
FAQ
Yes, operates nationally including Ohio. Dominion Financial Services is based in Baltimore, MD and operates nationally.
Columbus is the top investor market in Ohio and falls within Dominion Financial Services national coverage. Columbus property tax follows the Ohio state rate of 1.6 percent. Dominion Financial Services typically underwrites Columbus acquisitions at standard rate sheets.
Yes. Cleveland ranks among the larger Ohio investor metros and sees consistent DSCR loan volume from Dominion Financial Services. Submarket variation within Cleveland matters for property selection.
Dominion Financial Services 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 Dominion Financial Services program.
Dominion Financial Services indicative DSCR rate range is 9.5 to 12.5 percent with 1.5 to 4 points.
Ohio strongest cash flow markets in nation. Cleveland, Akron, Dayton, Youngstown all produce 0.7-1%+ rent-to-price ratios. Dominion Financial Services follows standard business-purpose loan structures.
Dominion Financial Services funds fix-and-flip, bridge, rental in Ohio.
Ohio allows standard DSCR prepay structures; Dominion Financial Services typically uses 3-5 year step down.
Dominion Financial Services typical close: 7-14 days typical.
Bottom line
Dominion Financial Services in Ohio works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Dominion Financial Services.