#7579 Bridge loan - 1.stage (Estonia) Funded: 30.11.2022

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

Executive Summary

    • The loan is used to 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.
    • The borrower retains the opportunity to raise additional capital if necessary, provided that the ratio of the loan and the market value of the collateral (LTV) does not exceed 54.2%.
    • The established mortgage will also cover loans of additional stages of financing.
    • Prior to the additional stages of financing, construction supervision must confirm the completed works (if construction has commenced and works have been performed in a considerable amount) and a third party must assess the market value of the collateral.
    • The LTV in the 1 stage is 54.2% and can increase to 54.2% in further stages.

Loan Terms

Loan Contract Number

Please register or log in to see full details.

Log in / Register
Quick Overview
1,005 investors, €475,583 raised
  • Status Funded
  • Target €475,583
  • Collateral value €878,000
  • LTV 54.17%
  • Projected LTV 54.2%
  • Loan Period 12 months
  • Schedule Type Bullet
  • Mortgage Rank First rank
  • Collateral Type Apartment (Residential)
  • Loan Type Bridge loan
  • Loan Type Sub-Category Sale advance
  • Location Estonia

Please register or log in to see full details.

Log in / Register