The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in Indio, California

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

Loan amount: $54,000
Appraised Value: $96,000
Loan to Value: 56.250%
Monthly Payment to Trust Deed Investor: $405.00
Term of loan: 8 years
Details: home built in the 1960s, 4 bedroom, 2 bath

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