The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in Burbank, California

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

Loan amount: $375,000
Appraised Value: $617,000
Loan to Value: 60.778%
Monthly Payment to Trust Deed Investor: $3,750.00
Term of loan: 1 year
Details: home built in 1950, 4 bedroom, 2 bath

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