The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Archive for September, 2015

Trust Deed Investment Closed in Sierra Madre, California

Tuesday, September 8th, 2015

A hard money loan recently closed on a home in Sierra Madre, CA. The trust deed investment is at 11% and here are the details:

Loan amount: $875,000
Appraised Value: $1,389,000
Loan to Value: 62.995%
Monthly Payment to Trust Deed Investor: $8,020.83
Term of loan: 1 year
Details: home built in the 1940s, 3 bedroom, 3.5 bath

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