The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in Victorville, California

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

Loan amount: $30,000
Appraised Value: $48,000
Loan to Value: 62.500%
Monthly Payment to Trust Deed Investor: $225
Term of loan: 8 years
Details: home built in the 1970s, 2 bedroom, 1.5 bath

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