The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in Corona, California

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

Loan amount: $158,000
Appraised Value: $242,000
Loan to Value: 65.289%
Monthly Payment to Trust Deed Investor: $1,185
Term of loan: 8 years
Details: home built in the 1950s, 3 bedroom, 1 bath

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