#5844 Development loan - 3.stage (Estonia) Funded: 08.06.2023

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 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
190 investors, €32,000 raised
  • Status Funded
  • Target €32,000
  • Collateral value €207,000
  • LTV 62.32%
  • Projected LTV 65.0%
  • Risk category N/A
  • 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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