Harpoon Capital for Oklahoma 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.
Oklahoma context
Oklahoma low property tax. Strong DSCR cash flow. Tornado risk.
How Harpoon Capital positions in Oklahoma
For Oklahoma specifically, Harpoon Capital fits investors who match the private money approach. The high cash flow profile of Oklahoma aggregate makes it a target market for Harpoon Capital.
City-level coverage in Oklahoma
Harpoon Capital provides DSCR coverage across Oklahoma metros including Oklahoma City, Tulsa, and Norman. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Harpoon Capital program terms apply uniformly across Oklahoma 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 |
| Oklahoma property tax | 0.9% |
| Oklahoma state income tax | 4.75% |
Harpoon Capital strengths in Oklahoma
- 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 Oklahoma coverage. Harpoon Capital is based in an undisclosed location and operates in states not publicly disclosed.
Oklahoma City is the top investor market in Oklahoma and is generally within Harpoon Capital states not publicly disclosed footprint. Oklahoma City property tax follows the Oklahoma state rate of 0.9 percent. Harpoon Capital typically underwrites Oklahoma City acquisitions at standard rate sheets.
Yes. Tulsa ranks among the larger Oklahoma investor metros and sees consistent DSCR loan volume from Harpoon Capital. Submarket variation within Tulsa matters for property selection.
Harpoon Capital applies the same rate sheet across Oklahoma metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Oklahoma City, Tulsa, and Norman 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.
Oklahoma low property tax. Strong DSCR cash flow. Tornado risk. Harpoon Capital follows standard business-purpose loan structures.
Harpoon Capital funds rental DSCR in Oklahoma.
Oklahoma allows standard DSCR prepay structures; Harpoon Capital typically uses 3-5 year step down.
Harpoon Capital typical close: Not publicly published.
Bottom line
For Oklahoma DSCR borrowers, Harpoon Capital is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Harpoon Capital.