#51800484 Development loan - 5.stage (Estonia) Funded: 31.10.2024

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 and to continue with construction.
    • The loan will be repaid from sales revenue of a completed development project.
    • The loan is secured with a first rank mortgage.
    • The development project is financed based on the value of construction invoices, which arise from construction supervision acts prepared on the basis of the work performed. Consequently, we consider the cost of construction work actually performed, in addition to the primary market value, to be the value of the collateral.

Loan Terms

Loan Contract Number

Please register or log in to see full details.

Log in / Register
Quick Overview
1,629 investors, €261,132 raised
  • Status Funded
  • Target €261,144
  • Collateral value €2,205,000
  • LTV 69.89%
  • Projected LTV 69.9%
  • Risk category Baa3
  • Loan Period 12 months
  • Schedule Type Bullet
  • Mortgage Rank First rank
  • Collateral Type Apartment (Residential)
  • Loan Type Development loan
  • Loan Type Sub-Category Other
  • Location Estonia

Please register or log in to see full details.

Log in / Register