Merchants Mortgage & Trust for Nevada investors
Merchants Mortgage & Trust is a direct DSCR lender with a 660 minimum credit score, 0.75 minimum DSCR, and maximum 80% LTV. The company does not publish minimum/maximum loan size or state-coverage figures in the sources reviewed.
Nevada context
Nevada no state income tax. Las Vegas STR active but regulated. Nevada strong LLC privacy.
How Merchants Mortgage & Trust positions in Nevada
The Nevada lender pool for DSCR includes Merchants Mortgage & Trust among the active platforms. Nevada top metros (Las Vegas, Reno, Henderson) see meaningful Merchants Mortgage & Trust loan volume.
City-level coverage in Nevada
Merchants Mortgage & Trust provides DSCR coverage across Nevada metros including Las Vegas, Reno, and Henderson. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Merchants Mortgage & Trust program terms apply uniformly across Nevada metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | rental DSCR |
| Loan size | — - — |
| Rates | Not publicly published |
| Points | Not publicly published |
| Max LTV | 80% of ARV |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| Nevada property tax | 0.6% |
| Nevada state income tax | None |
Merchants Mortgage & Trust strengths in Nevada
- Direct DSCR lender
- 660 minimum credit score
- 0.75 minimum DSCR
- Maximum 80% LTV
Ideal borrower: Investor with a 660+ credit score and at least 0.75 DSCR seeking a direct lender.
FAQ
Likely; verify direct Nevada coverage. Merchants Mortgage & Trust is based in an undisclosed location and operates in states not publicly disclosed.
Las Vegas is the top investor market in Nevada and is generally within Merchants Mortgage & Trust states not publicly disclosed footprint. Las Vegas property tax follows the Nevada state rate of 0.6 percent. Merchants Mortgage & Trust typically underwrites Las Vegas acquisitions at standard rate sheets.
Yes. Reno ranks among the larger Nevada investor metros and sees consistent DSCR loan volume from Merchants Mortgage & Trust. Submarket variation within Reno matters for property selection.
Merchants Mortgage & Trust applies the same rate sheet across Nevada metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Las Vegas, Reno, and Henderson all qualify for the same Merchants Mortgage & Trust program.
Merchants Mortgage & Trust does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience.
Nevada no state income tax. Las Vegas STR active but regulated. Nevada strong LLC privacy. Merchants Mortgage & Trust follows standard business-purpose loan structures.
Merchants Mortgage & Trust funds rental DSCR in Nevada.
Nevada allows standard DSCR prepay structures; Merchants Mortgage & Trust typically uses 3-5 year step down.
Merchants Mortgage & Trust typical close: Not publicly published.
Bottom line
For Nevada DSCR borrowers, Merchants Mortgage & Trust is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Merchants Mortgage & Trust.