#7826 Bridge loan - 1.stage (Estonia) - Repaid Repaid: 10.01.2023 - Refinancing of #4869 Bridge loan (Estonia)

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

Executive Summary

    • The loan is used to refinance an outstanding Estateguru loan with the purpose of extending the loan period.
    • The loan will be repaid from the sale of the collateral property
    • 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.
    • The loan is being refinanced due to the sales period taking longer than expected. The borrower will repay the accrued interest (including indemnity and penalty fees, if any) for the previous loan period.

Loan Terms

Loan Contract Number

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Quick Overview
201 investors, €20,067 raised
  • Status Repaid
  • Target €52,000
  • Collateral value €80,000
  • LTV 25.08%
  • Projected LTV 65.0%
  • Loan Period 12 months
  • Schedule Type Full bullet
  • Mortgage Rank First rank
  • Collateral Type Single-residential house (Residential)
  • Loan Type Bridge loan
  • Loan Type Sub-Category Other
  • Location Estonia

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