Lenders typically offer borrowers only bridge loans with excellent credit ratings and low debt ratios. Bridge loans converge the mortgages of two houses, which gives the buyer flexibility while waiting for their old home to be sold. However, in most cases, lenders only offer real estate bridge loans worth 80% of the total value of the two properties, which means that the borrower must have significant equity in the original property or abundant cash savings. Borrowers or guarantors will ensure that the non-excused bonds of investors do not exceed all unused investor bonds and that there are no other creditors of the fund or the SPV borrower other than the manager. Other specific obligations: (i) the obligation for the manager or fund to charge a minimum amount to the fund`s investors at an agreed frequency; (ii) the obligation for the manager or fund to provide information on investor bonds (for example. B default, exclusionary events, key human events, apologised investors); (iii) subject to the security package, the obligation for the manager or fund to provide all the information necessary for the lender to issue withdrawal notifications (for example. B the amount of the investor`s unsolicited bonds, contact information, copies of applications; (iv) no distribution by the Fund as long as amounts are pending as part of the facility or there has been a delay; v) no borrowing during a key event and in the event of a change of control by the administrator; (vi) a negative commitment to commitments not made by investors; (vii) the obligation to settle bonds not used in a bank account; and (viii) the obligation to sue defaulting investors and to demand payment of the deficit to other non-failing investors.