Merchants Mortgage & Trust Corporation

Category: Mortgage lender in Dallas, Texas

Address: 3131 McKinney Ave ste 600, Dallas, TX 75204, USA

Phone: +12145302099

Opening hours

Sunday: Closed

Monday: 8AM–5PM

Tuesday: 8AM–5PM

Wednesday: 8AM–5PM

Thursday: 8AM–5PM

Friday: 8AM–5PM

Saturday: Closed

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Questions & Answers

What do I need to qualify? How do I apply?

Merchants Mortgage & Trust Corporation | Sep 28, 2021
Merchants Mortgage & Trust Corporation | Sep 28, 2021

If you are interested in applying for a fix-and-flip loan, please visit the Loan Application page on our website, or please contact one of our loan officers.

May I complete work to the property myself or does it have to be contracted?

Merchants Mortgage & Trust Corporation | Sep 28, 2021
Merchants Mortgage & Trust Corporation | Sep 28, 2021

Yes. We allow borrowers to complete work to the properties themselves in many cases. However, if the project requires significant construction, like an addition or pop top or has structural issues, we would require a licensed general contractor in those instances.

Do you allow double closings?

Merchants Mortgage & Trust Corporation | Sep 28, 2021
Merchants Mortgage & Trust Corporation | Sep 28, 2021

Yes. That is not to say that we will approve all double closings, as we will review and underwrite each deal on a case-by-case basis. But, we have approved and completed many double closing transactions.

How quickly can we close?

Merchants Mortgage & Trust Corporation | Sep 28, 2021
Merchants Mortgage & Trust Corporation | Sep 28, 2021

We can typically close within 5 to 7 business days from the time of application to time of closing. This is provided the title company has received everything they need to complete title work and that the seller is also ready to close, which is not in our control.

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