The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in Lancaster, California

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

Loan amount: $55,000
Appraised Value: $88,000
Loan to Value: 62.500%
Monthly Payment to Trust Deed Investor: $412.50
Term of loan: 8 years
Details: home built in the 1950s, 4 bedroom, 2 bath

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