DebtHouse - Multi-Family / Residential
Target € 30,000
Minimum Amount € 30,000
Minimum Investment € 50
Kännu mortgage loan
- The loan will be used to purchase a property in the city of Sindi.
- As a loan collateral, the company offers the purchasable property, which consists of a detached house of 160m2.
- EstateGuru security agent will have the 1. rank mortgage on behalf of the lenders.
- The loan will be repaid according to an annuity payment schedule within 5 years or earlier from the sales of the property.
- LTV (loan to value) ratio is 67%.
- Member of the board of the borrower will provide a personal guarantee in the full mortgage amount.
- Additionally, 2 partners of the member of the board of the borrower will provide a personal guarantee in the full mortgage amount.