DSCR Loans for Real Estate Investors

Just the basics: the property address and type, whether it's a purchase or a refinance, your estimated credit score, expected rent and expenses, and the loan amount or LTV you want. Quotes are free and don't pull your credit. Stage 1: Quotes and pre-qualification

Yes, on select programs. Harpoon Capital offers up to 85% LTV on purchases and rate-term refinances, and up to 80% LTV on cash-out refinances. Your max LTV depends on your credit score, DSCR, property type and program. How FICO, LTV and DSCR set your terms

Often, yes. Our most flexible programs allow cash-out refinances with no seasoning period, at up to 80% LTV, based on the appraised value instead of your purchase price. Other programs require around three months of seasoning, and we match your deal to the right one. DSCR loans for BRRRR refinances

Yes. Select programs qualify short-term rentals on 100% of projected income from AirDNA, the appraisal or other sources. Other programs apply a haircut to projections. Medium-term and long-term rentals are eligible too. DSCR loans for short-term rentals

You can still qualify. Select programs have no minimum DSCR: up to 80% LTV with a DSCR between 0.75x and 0.99x, and up to 75% LTV below 0.75x. DSCR is the property's rent divided by its PITIA (principal, interest, taxes, insurance and HOA dues). More on LTV and DSCR

Yes. Our minimum qualifying credit score is 600. We also have programs for first-time investors and first-time homebuyers, including renters. Credit requirements for DSCR loans

Harpoon Capital is a mortgage brokerage (NMLS #2815329) specializing in DSCR loans for real estate investors in 43 states + DC. We compare your scenario across our DSCR loan programs to find the best fit for your deal. About Harpoon Capital

Yes. Harpoon Capital runs RESPA-compliant referral programs for real estate agents, property managers and all kinds of professionals who work with investors, and our partners have had great success with them. DSCR loans are business-purpose loans, so RESPA's ban on consumer-mortgage referral fees doesn't apply, though a few states have their own rules. Referrals and RESPA · Become a referral partner