The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in Menifee, California

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

Loan amount: $115,000
Appraised Value: $175,000
Loan to Value: 65.714%
Monthly Payment to Trust Deed Investor: $1,150
Term of loan: 1 year
Details: home built in the 1960s, 2 bedroom, 2 bath

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