These are underwriting minimums, not a pre-approval. See the full Merchants Mortgage & Trust profile or compare requirements across the full lender directory.
Merchants Mortgage & Trust qualification minimums
| Minimum credit score | 660 |
|---|---|
| Minimum DSCR | 0.75 |
| Maximum LTV | 80% |
| Maximum LTC | 80% |
| Origination channel | Direct |
What these minimums mean for a borrower
A minimum credit score is a floor, not a pricing tier — clearing 660 makes a file eligible for review, but the best pricing generally goes to borrowers well above the floor.
DSCR (debt service coverage ratio) compares the property's rent to its projected mortgage payment. A minimum DSCR of 0.75 means rent must cover 75% of the payment — below 100%, so the property does not have to fully cash-flow to qualify, though pricing typically gets worse the further below 1.00 the ratio sits.
Maximum LTV of 80% sets the ceiling on leverage: the loan can't exceed that share of the property's value, so the borrower's down payment (or equity, on a refinance) has to make up the rest.
What Merchants Mortgage & Trust doesn't publish
- Minimum loan size — not publicly published.
- Maximum loan size — not publicly published.
- Entity/LLC vesting requirement — not publicly published.
- Exact state count — not publicly published; stated coverage area is states not publicly disclosed.
Merchants Mortgage & Trust Requirements FAQ
Merchants Mortgage & Trust's published minimum credit score is 660. This is a floor, not a guarantee of approval or of the best pricing.
Merchants Mortgage & Trust's published minimum DSCR is 0.75, meaning the property does not have to fully cover its own debt service to qualify.
Merchants Mortgage & Trust's published maximum LTV is 80%, with a maximum LTC of 80%.
Merchants Mortgage & Trust does not publish an LLC/entity-vesting requirement. Confirm directly before you set up your closing entity.
Merchants Mortgage & Trust does not publish a specific state count. Its stated coverage area is states not publicly disclosed; confirm your state directly before applying.
Merchants Mortgage & Trust originates through the direct channel.
This review is an independent directory listing. DSCR Loan Program is not affiliated with Merchants Mortgage & Trust, receives no payment for placement, and does not rank lenders in exchange for compensation. Rates, terms, and eligibility are determined by the lender and subject to change. Always verify current pricing directly with the lender before relying on any specifics.