#5018 Development loan - 2.stage (Estonia) Funded: 29.11.2022

This loan is operated by Estateguru OÜ and is subject to General Loan Terms. View loan terms

Executive Summary

    • The loan is used to continue construction works.
    • The loan will be repaid from sales revenue of a completed development project.
    • 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.

Loan Terms

Loan Contract Number

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Quick Overview
217 investors, €43,778 raised
  • Status Funded
  • Target €137,500
  • Collateral value €495,000
  • LTV 31.07%
  • Projected LTV 65.0%
  • Loan Period 12 months
  • Schedule Type Full bullet
  • Mortgage Rank First rank
  • Collateral Type Single-residential house (Residential)
  • Loan Type Development loan
  • Loan Type Sub-Category New construction
  • Location Estonia

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