DebtResidential - Single family house
Target € 870,000
Minimum Amount € 870,000
Minimum Investment € 50
€ 870,000 raised, 100%
100.0% Complete (success)

Miiduranna villa development loan 2

  • The loan is used to refinance an outstanding loan, and continue with the construction work.
  • The loan will be repaid from the sale of the collateral property or refinancing by a long-term bank loan.
  • The loan is secured with a 1. rank mortgage.
  • Member of the board of the borrower will provide a personal guarantee for the full mortgage amount.

Interest Rate 11.0%
investments.main.credit.rating B
Loan Period12M
LTV 65.0 %
Expires Funded
Investors753
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