#5022 Bridge loan - 14.stage (Finland) Funded: 12.06.2023 - Refinancing of #5022 Bridge loan - 8.stage (Finland)

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 the sale of the collateral property or refinancing by a long-term bank loan.
    • The loan is secured with a first rank mortgage.
    • The borrower retains the opportunity to raise additional capital if necessary, provided that the LTV does not exceed 69.2%.
    • The mortgage was established during a prior financing process and will cover each and every stage.
    • The LTV in the 14 stage is 59.85% and can increase to 69.2% in further additional stages.

Loan Terms

Loan Contract Number

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Quick Overview
457 investors, €61,940 raised
  • Status Funded
  • Target €150,000
  • Collateral value €3,036,200
  • LTV 59.85%
  • Projected LTV 69.2%
  • Risk category N/A
  • Loan Period 12 months
  • Schedule Type Bullet
  • Mortgage Rank First rank
  • Collateral Type Housing company shares (Residential)
  • Loan Type Bridge loan
  • Loan Type Sub-Category Interim development
  • Location Finland

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