The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in Banning, California

A hard money loan recently closed on a home in Banning, CA. The trust deed investment is at 12% and here are the details:

Loan amount: $110,000
Appraised Value: $170,000
Loan to Value: 64.706%
Monthly Payment to Trust Deed Investor: $1,100.00
Term of loan: 8 years
Details: home built in the 1960s, 5 bedroom, 3 bath

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