Overview
Harpoon Capital is a broker-only private money lender with no stated minimum DSCR — it will consider deals below 0.75 DSCR. Minimum credit score is 620, with loan sizes from $50,000 to $3,500,000 and maximum 85% LTV. The company does not publish rate or state-coverage figures in the sources reviewed.
Harpoon Capital's headquarters and founding year are not publicly published. They operate in states not publicly disclosed and offer rental DSCR financing. Their loan amount range runs from $50K to $3.5M.
Key terms at a glance
| Loan type | Private money / relationship-based |
|---|---|
| Products | rental DSCR |
| Geographic coverage | states not publicly disclosed |
| Loan size | $50K – $3.5M |
| Interest rate range | Not publicly published — quoted per deal |
| Origination points | Not publicly published |
| Minimum credit score | 620 |
| How to access | Broker only |
| Max LTV | 85% of ARV |
| Max LTC | 85% of cost |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
Strengths
- No minimum DSCR requirement — approves deals below 0.75
- Loan sizes from $50,000 to $3,500,000
- 620 minimum credit score
- Broker-only origination
Ideal borrower
Investor with a cash-flow-negative property (DSCR below 0.75) seeking a broker-originated private money lender with no DSCR floor.
How Harpoon Capital compares
As a private money operator, Harpoon Capital's underwriting is relationship-driven — track record and the specifics of the deal matter more than a templated credit box. That suits unusual properties and experienced borrowers, and it makes pricing harder to predict in advance.
Coverage is the constraint most investors hit first. Harpoon Capital serves states not publicly disclosed, and lender licensing changes often enough that it is worth confirming your state before you get far into a file. Our state-by-state pages for Harpoon Capital cover the rules that differ by state — prepayment penalties, entity vesting and foreclosure mechanics.
Other lenders investors compare against
- The full lender directory — every lender we track, with terms side by side
- How DSCR qualification works — the ratio every one of these lenders underwrites to
- DSCR calculator — check coverage before you apply anywhere
Harpoon Capital FAQ
Harpoon Capital serves states not publicly disclosed. Coverage changes as licensing changes, so confirm your state directly with the lender before relying on it.
Harpoon Capital does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience. Request a quote directly.
Harpoon Capital's typical minimum loan is $50K, with maximum loan size up to $3.5M.
Harpoon Capital's typical close timeline is Not publicly published. Fast-close depends on documentation quality, title clarity, and underwriting load.
Harpoon Capital offers rental DSCR financing. They also do DSCR rental refinance, which makes them a one-stop shop for BRRRR strategies.
Investor with a cash-flow-negative property (DSCR below 0.75) seeking a broker-originated private money lender with no DSCR floor.
This review is an independent directory listing. DSCR Loan Program is not affiliated with Harpoon Capital, receives no payment for placement, and does not rank lenders in exchange for compensation. Rates, terms, and eligibility are determined by the lender and subject to change. Always verify current pricing directly with the lender before relying on any specifics.