#9343 Development loan - 6.stage (Lithuania) Funded: 15.12.2022 - Refinancing of #9343 Development loan - 1.stage (Lithuania)

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 for a preparation period of a development project plus starting the first construction work.
    • 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.

Loan Terms

Loan Contract Number

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Quick Overview
140 investors, €16,141 raised
  • Status Funded
  • Target €45,000
  • Collateral value €540,000
  • LTV 59.68%
  • Projected LTV 65.0%
  • Risk category N/A
  • Loan Period 12 months
  • Schedule Type Bullet
  • Mortgage Rank First rank
  • Collateral Type Residential
  • Loan Type Development loan
  • Loan Type Sub-Category New construction
  • Location Lithuania

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