DSCR Loan Application Harpoon Capital

Transaction Types

Purchase

A loan used to purchase the subject property.

Refinance

A loan that replaces your existing mortgage on the investment property. This may be used to secure a lower interest rate, change loan terms, or access equity for business purposes such as purchasing additional investment properties.

Planned Unit Development (PUD)

A Planned Unit Development (PUD) is a type of real estate project that includes a mix of housing types and/or uses, managed by a homeowners association (HOA). Properties in a PUD may be subject to additional HOA fees, rules, and approval requirements that can affect financing.

Deferred Maintenance

Deferred maintenance refers to repairs or upkeep that have been postponed. Examples include a roof past its useful life, HVAC systems in need of replacement, plumbing or electrical issues, or significant cosmetic damage. Please describe any known issues honestly — this helps us structure the right loan for your situation.

Current Debt Outstanding

'Current Debt Outstanding' refers to the balance remaining on your current debt on the property.

Loan-to-Value (LTV)

Formula

LTV = Requested Loan Amount ÷ Estimated Property Value

Current Calculation

Enter a loan amount and property value to see the calculation.

Step 1 of 7
Investment Property
Details about the investment property you're seeking financing for.
Transaction Type
Property Details
Financials & Income
Current Tenancy Status
Rent Roll (complete for each unit — set Number of Units and Rental Type above before filling in the table)
# Beds Baths Monthly Rent Lease Start Lease End
Step 2 of 7
Loan Request
Provide the loan details and transaction specifics.
Loan Parameters
Step 3 of 7
Investor Profile
Please provide details on your experience in real estate investing, including your current portfolio.
Experience

If you don't know an exact answer to any question, please estimate.

Step 4 of 7
Entity Information
If the loan will be held in a business entity, complete this section. Skip if borrowing as an individual.
Loan Title Structure
Step 5 of 7
Borrower Information
Personal details for the borrower(s).
Primary Borrower/Guarantor

We only need a ballpark estimate, this does not need to be exact.

We only need a ballpark estimate, this does not need to be exact.

Declarations — Primary Borrower/Guarantor #1

Please complete the below declarations. If you answer "Yes" to any of the below fields, please include an explanation at the end.

Are there any outstanding judgments against you?
Have you declared bankruptcy within the last 7 years?
Have you had property foreclosed upon, short sale, or deed in lieu in the last 7 years?
Are you a party to a lawsuit?
Have you been obligated on a loan that resulted in foreclosure, transfer of title, or judgment?
Are you presently delinquent or in default on any federal debt or loan?
Are you obligated to pay alimony, child support, or separate maintenance?
Is any part of the down payment borrowed?
Are you a co-maker or endorser on a note?
Do you intend to occupy this property as a primary or secondary residence? (Must be No)
Have you been convicted of a felony or financial crime in the last 5 years?

Credit Authorization — Primary Borrower/Guarantor #1

By providing the information below, you authorize Harpoon Capital, LLC and/or its affiliates to obtain a hard inquiry credit report and background report in connection with this loan application. Full Terms & Conditions

Note: Any member of the entity with >= 25% ownership is required to be a guarantor on the loan.
Step 6 of 6
Review & Submit
Review your application before submitting. Go back to edit any section.

Processing your application…

Creating your application folder…

Submitting your application… Please do not refresh this page.

Application Received

Your loan application has been successfully submitted.

A member of the Harpoon Capital team will review your application and contact you shortly if additional information is required.

Certified e-signature still required. Your application cannot be fully processed until a certified electronic signature is completed. Harpoon Capital will be in touch with next steps.