- The loan will be used for purchasing a property and to prepare it for the renovation.
- As a loan collateral, the company offers a commercial house in the city centre of Pärnu, Estonia.
- EstateGuru security agent will have the 1. rank mortgage on behalf of the lenders
- The loan will be returned by the sale of the renovated apartment ownerships within 18 month period.
- The loan interests will be serviced monthly.
- LTV (loan to value) ratio is 63%.
- Member of the board of the borrower will provide a personal guarantee in full mortgage amount.