Harpoon Capital

🤔Q: Do DSCR Loans require a 1.25x DSCR? ➡️A: No. While common, a 1.25x DSCR is typically a threshold to get the best possible terms, not to qualify. DSCR Lenders group ratios into “buckets” for pricing, and will often offer loans with DSCR ratios near or even under 1.00x. The 1.25x minimum comes from commercial real estate lending.

🤔Q: What is a “cash-in” refinance for a DSCR Loan? ➡️A: A refinance where the new loan amount is less than the prior loan payoff plus closing costs and escrows, so the borrower has to “bring cash to the table” at closing. For DSCR Loans, these are treated and labeled the same as other rate-term refinances for qualification and pricing.

💸Just Funded💸🚀Huntsville DSCR Loans🚀 $152,000 Rate-Term Refinance DSCR Loan for a single family rental investment property in Huntsville, Alabama! Another solid refinance with rates in the sixes (even on a 80% LTV Refi) for this prolific north AL investor as @EdelmanLending works his low-rate DSCR magic again 🪄 ! Beautiful BRRRRs come in all shapes and sizes, and securing cash flow and retaining equity at the same time pays off prolifically!

💵Just Funded💵🦀Maryland DSCR Loans🦀⛱️STR Loans⛱️ $519,232 Acquisition DSCR Loan for the purchase of a oceanfront condo STR investment property (condo vacation rental) in Ocean City, Maryland! @EdelmanLending, America's leading STR DSCR Loan specialist, funds Harpoon Capital's first Maryland DSCR Loan with this solid acquisition financing, a 30-year fixed rate loan qualified on the appraisal-determined STR rents (no tax returns, no personal income verification)! Experienced real estate investors (typically long-term rentals) dive into the STR game in this great Old Line State vacation rental market, more likely to come!

💵Just Funded💵 🌞Florida DSCR Loans🌞 $299,400 Cash-Out Refinance DSCR Loan on a Triplex (3-unit) investment property in Glen Saint Mary, Florida via @EdelmanLending. This newly constructed long-term rental property should provide great cash flow for this prolific real estate investor, locking in 7.5% interest rate over a 30-year fixed rate term. This rural town "Glen Saint Mary" near Jacksonville may be a no-go zone for most lenders, but Harpoon Capital gets it done!

💵Just Funded💵 🌞Florida DSCR Loans🌞 $231,000 Cash-Out Refinance DSCR Loan on a duplex investment property in Macclenny, Florida via @EdelmanLending ! This experienced investor takes cash out on this newly constructed 2-unit property (fully rented to long-term rental tenants). In the Jacksonville, FL metropolitan statistical area, Macclenny is a quiet, family-oriented, small-town environment with an affordable cost of living - happy investor, happy tenants!

💸Just Funded💸 🏘️Alabama DSCR Loans🏘️ $412,500 DSCR Loan on the purchase of a short term rental investment condo unit in Orange Beach, Alabama! This unit includes Gulf-front views from the private balcony accessible from the living area and primary suite with easy public beach access. The Condo Project itself has resort-style amenities, including an outdoor pool, heated indoor pool, fitness center, hot tubs, sauna, tennis courts, and more. Qualified with a third-party "STR Analysis" (no tax returns, no income verification, no "long-term rents" required) -- this investor locks in 30-year fixed rate DSCR financing with America's best STR Lender @EdelmanLending!

🤔Q: What are the margin and index on an ARM DSCR Loan? ➡️A: Once a Hybrid (Fixed to ARM) DSCR Loan enters its floating period, the rate equals Margin + Floating Rate Index. The margin is a fixed percentage set for the floating period (typically 4-6% in 2026), and the index for most DSCR Loans is SOFR. For example, a 4% margin plus a 3.31% SOFR equals a 7.31% rate.

🤔Q: What is a rate ceiling (cap) on a hybrid ARM DSCR Loan? ➡️A: A limit on how high the rate can ever go once the loan enters its floating period. Ceilings are typically 5-6% above the initial rate. For example, a Hybrid (Fixed to ARM) DSCR Loan starting at 7% with a 6% ceiling can never exceed 13%, even if the margin plus index is higher.