The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in Bloomington, California

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

Loan amount: $69,000
Appraised Value: $115,000
Loan to Value: 60.000%
Monthly Payment to Trust Deed Investor: $517.50
Term of loan: 8 years
Details: home built in the 1920’s, 2 bedroom, 1 bath

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