#4108 Bridge loan - 2.stage (Latvia) - Repaid Repaid: 06.02.2023
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 finance the purchasing of a property.
- The loan will be repaid by refinancing, from the sale of the collateral property, or from the incoming business revenues of the company.
- The loan is secured with a first rank mortgage.
Quick Overview
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Interest 10.0%
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Status Repaid
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Target €375,000
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Collateral value €1,455,000
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LTV 44.74%
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Projected LTV 64.7%
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Loan Period 12 months
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Schedule Type Full bullet
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Mortgage Rank First rank
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Collateral Type Residential land (Land)
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Loan Type Bridge loan
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Loan Type Sub-Category Fast purchase
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Location Latvia
