The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in Hemet, California

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

Loan amount: $62,000
Appraised Value: $103,000
Loan to Value: 60.194%
Monthly Payment to Trust Deed Investor: $465.00
Term of loan: 8 years
Details: home built in the 1960s, 3 bedroom, 2 bath

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