#21454945 Bridge loan - 1.stage (Estonia) Funded: 13.06.2023 - Refinancing of #4542 Bridge loan (Estonia)
This loan is intermediated by Estateguru OÜ. For the general loan terms applicable to this loan, please see the Estateguru General Loan Terms.
Executive Summary
- The loan is used to release equity capital for the sales period.
- The loan will be repaid from the sale of the collateral property
- The loan is secured with a first rank mortgage.
- Member of the management board of the borrower will provide a personal surety in the full mortgage amount.
Quick Overview
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Interest 11.0%
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Status Funded
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Target €55,000
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Collateral value €101,000
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LTV 54.46%
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Projected LTV 54.6%
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Risk category
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Loan Period 6 months
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Schedule Type Full bullet
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Mortgage Rank First rank
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Collateral Type Apartment (Residential)
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Loan Type Bridge loan
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Loan Type Sub-Category Sale advance
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Location Estonia