The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in Riverside, California

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

Loan amount: $70,000
Appraised Value: $117,000
Loan to Value: 59.829%
Monthly Payment to Trust Deed Investor: $525.00
Term of loan: 8 years
Details: home built in the 1950s, 3 bedroom, 1.5 bath

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