DSCR Loans: Harpoon Capital says YES when other lenders say No!

Robin SimonPoster

#1 Private Lending & Conventional Mortgage Advice Contributor

Lender
Austin, TX

Posted August 18, 2026 04:12

https://harpooncapital.com/contact

Why is Harpoon Capital the top option for DSCR Loans?

Harpoon Capital says YES when other lenders say No

For hard-to-qualify situations, we can likely get it done, whether that’s an innovative strategy needing flexibility, like short term rentals (counting 100% of projections) or BRRRR (no-seasoning cash-outs), a desire to push common industry limits (like less than 20% down on purchases or 80% cash-out refis), or other common dead-ends (such as rural markets, small square footage or limited reserves), check out our DSCR Loan Program Specialties below for solutions to your scenario!

Check Out Harpoon Capital DSCR Loans: https://harpooncapital.com/dscr-loans

📈 Rates Starting at 6%
💰 Loan Amounts from $50,000 to $4,000,000
💼 30-Year Fixed Rate or 5/6 Hybrid (Fixed to ARM) / 10-Year Partial IO Available

But the real good stuff 😛 ⬇️

☑️ 85% LTV Purchases (Just 15% Down!)
Max-leverage acquisitions with just 15% down payment -- true DSCR qualification no hybrid income qualification needed. Boost qualification for 85% Short Term Rentals with income supplementation to get the numbers right.

☑️80% LTV Cash-Out Refinances!
Industry-leading 80% leverage on cash-out refis (99% of DSCR Lenders cap at 75% for cash-out). Maximize your BRRRR Strategy with non-taxable cash in hand. No max "cash-in-hand" limits on these refinances either!

☑️No-Seasoning Cash-Out Refis (BRRRR)
True "no seasoning" cash-out refinances, don't even have to wait three months from buy to refi, save on carrying costs and recycle capital at lightning speed with a refinance based on appraised value with no ticking clock.

☑️STR Qualification by Projections - 100% of AirDNA
While most DSCR lenders will "haircut" or not count a portion of STR projected income when qualifying a short term rental loan: we have options to qualify the DSCR ratio at 100% of STR projections, from AirDNA, the Appraisal or from a multitude of sources.

☑️Rural Markets Friendly (Up to 20 Acres / 80% LTV)
Deal isn't dead when the appraiser marks it rural -- high-leverage options for any market, including up to 80.0% LTVs on rural purchases and rate-term refis and 75.0% LTV cash-outs. Properties sitting on up to 20 acres of land? Can handle that as well.

☑️True "No-Ratio" DSCR (Eligible with DSCR <1.00x)
We don't require a DSCR over 1.00x for our DSCR Loans. What's more, with a DSCR below one, we don't massively cut leverage either, get up to 80% LTV for loans with ratios between 0.75x and 0.99x, and even up to 75% LTV for true "no ratio" under 0.75x

☑️First-Time Investors & First Time Homebuyer Options
We believe in getting people started on their voyage to financial freedom - no matter the experience level, with programs not only for 1st time investors but for investors who have never owned real estate before at all -- including renters! Full eligibility for first-time investors too in most programs!

☑️Options for Credit-Challenged Borrowers
While most DSCR Lenders set the bar at 640, 660 or even as high as 700, we know that some investors with a credit blemish still deserve an opportunity, which is why we have a credit minimum of just 600. Also, for borrowers with a recent foreclosure, short sale, DIL or even bankruptcy, we have options available for eligibility within just a year of a serious credit event.

☑️Options for Cash-Light Borrowers (No Reserves Option)
For loans up to even $1.5 million, we have options where the reserves requirement (liquid assets reserves documentation, typically 2-6 or even up to 12-months PITIA) is completely waived, yes, that means zero liquid assets. Cut down on paperwork or the need to move money around to qualify. Additional flexibility on crypto, retirement accounts and business accounts too!

☑️Multifamily DSCR Loans Up to 9 Units Eligible
Most DSCR Lenders stop short at 4 units max, we have options up to 9 units for true multifamily properties. Additionally, we'll go down to loan amounts of just $100,000 on these properties, way lower than the usual Multifamily DSCR Loan industry max of $400k or more. 30-Year Fixed Rate Loans, 10-Year IO Options and DSCR minimums of just 1.00x (calculated without Opex)!

☑️Hybrid DSCR Options: Boost DSCR w/Income or Assets
Harpoon Capital is on the cutting-edge of new innovations in DSCR lending, with two separate unique "hybrid" options to max LTV and qualification - including boosting qualification with income or boosting the DSCR ratio with liquid assets! These are available for innovative strategies like STRs too!

☑️First-Time Investors & First Time Homebuyer Options
We believe in getting people started on their voyage to financial freedom - no matter the experience level, with programs not only for first-time investors but for investors who have never owned real estate before at all -- including renters! Full eligibility for first-time investors too in most programs!

☑️Recourse Flexibility on LLC Guarantor Requirements
While every DSCR Loan must have a guaranty, we have options for no recourse for even majority owners of an LLC, including options for just one guarantor with just 20% ownership of the borrower to sign. Flexible qualification as well - taking the higher of credit score among multiple guarantors to qualify.