House – Multi-Family / Residential

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Hüübi bridge loan

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Product Description

  • The loan will be used for refinancing an existing loan.
  • As a loan collateral, the borrower offers a detached house in Kristiine living district, Tallinn. 
  • EstateGuru security agent will have the 1st rank mortgage on behalf of the lenders.
  • The loan will be repaid by refinancing with a long term bank loan within 12 months.
  • LTV (loan to value) ratio is 56%.
  • The member of the board of the borrower will provide a personal guarantee in full mortgage amount. 

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Investment goal:
120 000 €

Funded:
120 000 €

Funded percent:
100.0%

Country:
Estonia

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