The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in San Diego, California

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

Loan amount: $150,000
Appraised Value: $235,000
Loan to Value: 63.83%
Monthly Payment to Trust Deed Investor: $1,562.50
Term of loan: 1 year
Details: home built in the 1970’s, 3 bedroom, 2 bath

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