The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in Apple Valley, California

A hard money loan recently closed on a home in Apple Valley, CA.  The trust deed investment is at 9% and here are the details:

Loan amount: $57,000
Appraised Value: $97,000
Loan to Value: 58.763%
Monthly Payment to Trust Deed Investor: $427.50
Term of loan: 8 years
Details: home built in the 1970s, 3 bedroom, 2 bath

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