Harpoon Capital for Alaska investors
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.
Alaska context
Alaska has no state income tax. Property values vary widely by region. STR market driven by tourism.
How Harpoon Capital positions in Alaska
The Alaska lender pool for DSCR includes Harpoon Capital among the active platforms. Alaska top metros (Anchorage, Fairbanks, Alaska) see meaningful Harpoon Capital loan volume.
City-level coverage in Alaska
Harpoon Capital provides DSCR coverage across Alaska metros including Anchorage, Fairbanks, and Alaska. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Harpoon Capital program terms apply uniformly across Alaska metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | Private money |
|---|---|
| Products | rental DSCR |
| Loan size | $50K - $3.5M |
| Rates | Not publicly published |
| Points | Not publicly published |
| Max LTV | 85% of ARV |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| Alaska property tax | 1.2% |
| Alaska state income tax | None |
Harpoon Capital strengths in Alaska
- 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.
FAQ
Likely; verify direct Alaska coverage. Harpoon Capital is based in an undisclosed location and operates in states not publicly disclosed.
Anchorage is the top investor market in Alaska and is generally within Harpoon Capital states not publicly disclosed footprint. Anchorage property tax follows the Alaska state rate of 1.2 percent. Harpoon Capital typically underwrites Anchorage acquisitions at standard rate sheets.
Yes. Fairbanks ranks among the larger Alaska investor metros and sees consistent DSCR loan volume from Harpoon Capital. Submarket variation within Fairbanks matters for property selection.
Harpoon Capital applies the same rate sheet across Alaska metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Anchorage, Fairbanks, and Alaska all qualify for the same Harpoon Capital program.
Harpoon Capital does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience.
Alaska has no state income tax. Property values vary widely by region. STR market driven by tourism. Harpoon Capital follows standard business-purpose loan structures.
Harpoon Capital funds rental DSCR in Alaska.
Alaska allows standard DSCR prepay structures; Harpoon Capital typically uses 3-5 year step down.
Harpoon Capital typical close: Not publicly published.
Bottom line
Alaska investors considering Harpoon Capital should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Harpoon Capital.