The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in San Bernardino, California

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

Loan amount: $62,000
Appraised Value: $112,000
Loan to Value: 55.357%
Monthly Payment to Trust Deed Investor: $620.00
Term of loan: 1 year
Details: home built in the 1950s, 3 bedroom, 1 bath

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