The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed in San Pedro, California

A hard money loan recently closed on a home in San Pedro, CA. The trust deed investment is at 10.5% and here are the details:

Loan amount: $480,000
Appraised Value: $742,000
Loan to Value: 64.690%
Monthly Payment to Trust Deed Investor: $4,200
Term of loan: 1 year
Details: home built in 1960, 8 bedroom, 4 bath

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