The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Archive for October, 2016

Trust Deed Investment Closed on Fernmont Street in San Fernando, California

Tuesday, October 4th, 2016

A hard money loan recently closed on a home in San Fernando, CA. The trust deed investment is at 6.9% and here are the details:

Loan amount: $179,000
Appraised Value: $395,000
Loan to Value: 45.3%
Term of loan: 3 years
Details: home built in the 1940s, 3 bedroom, 1 bath

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