Harpoon Capital for Missouri 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.
Missouri context
Missouri strong Midwest cash flow. St. Louis and KC dominant. Branson STR market.
How Harpoon Capital positions in Missouri
Within Missouri, Harpoon Capital competes alongside other DSCR lenders. Harpoon Capital strengths: No minimum DSCR requirement — approves deals below 0.75, Loan sizes from $50,000 to $3,500,000. The high aggregate DSCR economics of Missouri create demand for Harpoon Capital programs in St. Louis and Kansas City particularly.
City-level coverage in Missouri
Harpoon Capital provides DSCR coverage across Missouri metros including St. Louis, Kansas City, and Springfield. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Harpoon Capital program terms apply uniformly across Missouri 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 |
| Missouri property tax | 1% |
| Missouri state income tax | 4.95% |
Harpoon Capital strengths in Missouri
- 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 Missouri coverage. Harpoon Capital is based in an undisclosed location and operates in states not publicly disclosed.
St. Louis is the top investor market in Missouri and is generally within Harpoon Capital states not publicly disclosed footprint. St. Louis property tax follows the Missouri state rate of 1 percent. Harpoon Capital typically underwrites St. Louis acquisitions at standard rate sheets.
Yes. Kansas City ranks among the larger Missouri investor metros and sees consistent DSCR loan volume from Harpoon Capital. Submarket variation within Kansas City matters for property selection.
Harpoon Capital applies the same rate sheet across Missouri metros. Pricing variation comes from property-specific factors rather than metro location within the same state. St. Louis, Kansas City, and Springfield 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.
Missouri strong Midwest cash flow. St. Louis and KC dominant. Branson STR market. Harpoon Capital follows standard business-purpose loan structures.
Harpoon Capital funds rental DSCR in Missouri.
Missouri allows standard DSCR prepay structures; Harpoon Capital typically uses 3-5 year step down.
Harpoon Capital typical close: Not publicly published.
Bottom line
Harpoon Capital in Missouri works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Harpoon Capital.