DebtResidential - Appartments
Target € 75,000
Minimum Amount € 75,000
Minimum Investment € 50
€ 75,000 raised, 100%
100.0% Complete (success)

Jüri refinancing loan

  • The loan will be used for refinancing outstanding liabilities (more expensive loan).
  • As a loan collateral, the company offers a 3-room apartment at Jüri borough and a private house in the city of Paide.
  • The loan will be returned from the sale of the collateral properties within 18 month period.
  • The loan interests will be paid monthly, from the company's monthly revenues.
  • LTV (loan to value) ratio is: 65%
  • Member of the board of the borrower will provide a personal guarantee in the full mortgage amount. 
  • EstateGuru security agent will have the 1. rank mortgage on behalf of the lenders.
Interest Rate 10.0% D
Loan Period18M
LTV 65.0 %
Actual Return 10.0%
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