Harpoon Capital Expands DSCR Lending to Idaho and Oregon After Funding $36 Million in Its First Eight Months

Austin-based DSCR loan specialist now serves real estate investors in 44 states plus Washington, D.C.

AUSTIN, Texas, Nov. 9, 2026 /PRNewswire-PRWeb/ -- Harpoon Capital (NMLS #2815329), a mortgage broker specializing in DSCR loans for real estate investors, today announced it is now licensed to originate business-purpose rental property loans in Idaho and Oregon. The expansion brings Harpoon Capital's lending footprint to 44 states plus Washington, D.C.

Since launching in March 2026, Harpoon Capital has funded 82 loans totaling more than $36 million for real estate investors, including 77 DSCR loans on long-term rentals, short-term rentals and small multifamily properties.

"Idaho and Oregon have some of the most active investor markets in the West, from Boise and Coeur d'Alene to Bend and the Oregon Coast," said Robin Simon, President of Harpoon Capital. "Investors there deserve a lender that qualifies the property on what it actually earns. That is exactly what a DSCR loan does, and it is all we focus on."

About Harpoon Capital's DSCR Loan Program

A DSCR (debt service coverage ratio) loan qualifies a rental property based on its rental income rather than the borrower's personal income, tax returns or debt-to-income ratio. Harpoon Capital's DSCR loan program includes:

• 30-year fixed rate loans, with interest-only options
• Purchases up to 85% LTV and cash-out refinances up to 80% LTV on select programs
• Short-term rental financing that can qualify on 100% of STR projections or trailing 12-month income on select programs
• No minimum DSCR on select programs
• Loans from $50,000 to $4,000,000 on 1-9 unit properties, condos and mixed-use
• LLC-friendly closings and options for first-time investors

Harpoon Capital works with a network of wholesale lenders, which lets its team match each investor's scenario to the program that fits it best.

A Free Resource for Investors

Harpoon Capital publishes The DSCR Loans Guide, a free online guide adapted from Robin Simon's book, "The Book on DSCR Loans: A Complete Guide for Real Estate Investors and Mortgage Professionals." The guide covers how DSCR loans are underwritten, priced and closed, and is available at harpooncapital.com/dscr-loans-guide.

About Harpoon Capital

Harpoon Capital is an Austin, Texas-based mortgage broker focused exclusively on business-purpose DSCR loans and related financing for real estate investors. The company serves investors in 44 states plus Washington, D.C. Learn more or request a quote at harpooncapital.com.

Harpoon Capital LLC, NMLS #2815329. Business-purpose loans only; not available for owner-occupied properties. Terms and eligibility vary by program and are subject to credit approval. This is not a commitment to lend.

Media Contact

Robin Simon, Harpoon Capital, 1 9147215219, [email protected], https://harpooncapital.com

SOURCE Harpoon Capital