The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in Rialto, California

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

Loan amount: $35,000
Appraised Value: $144,000
Loan to Value: 24.30%
Monthly Payment to Trust Deed Investor: $364.58
Term of loan: 1 year
Details: home built in the 1950’s, 3 bedroom, 1.5 bath

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