#49951268 Bridge loan (Estonia) Funded: 09.06.2023
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 finance the purchasing of a property.
- The loan will be repaid from the sale of the collateral property or refinancing by a long-term bank loan.
- 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 10.0%
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Status Funded
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Target €63,000
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Collateral value €104,000
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LTV 60.58%
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Risk category
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Loan Period 12 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 Fast purchase
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Location Estonia
