Legal analysis: The maximum mortgage rate for real estate is 70%. Residential construction land use rights, commercial construction land use rights, and real estate projects under construction are all qualified collateral for banks. Mortgage rates range from 50% to 60%. The main basis for determining the mortgage rate is the value (market value) of the mortgage and factors that change the value, including the applicability, liquidity, and changing trends of the value of the mortgage. The maximum limit for using land use rights as collateral varies from bank to bank, but our system controls it within 56% of the assessed value. The land mortgage rate refers to the ratio of the loan amount that can be obtained for land mortgage loans to the land appraisal value.

Legal basis: "Land Management Law of the People's Republic of China"

Article 4 The state implements a land use control system. The state prepares an overall land use plan, stipulates land uses, and divides land into agricultural land, construction land, and unused land. Strictly restrict the conversion of agricultural land into construction land, control the total amount of construction land, and implement special protection for cultivated land. The agricultural land mentioned in the preceding paragraph refers to the land directly used for agricultural production, including cultivated land, forest land, grassland, farmland water use land, breeding water surface, etc.; construction land refers to the land used for building buildings and structures, including urban and rural residences and public buildings. *Land for facilities, industrial and mining land, transportation and water conservancy facilities, tourism, military facilities, etc.; unused land refers to land other than agricultural land and construction land. Units and individuals using land must use the land strictly in accordance with the purposes determined in the overall land use plan.

Article 6 All units and individuals have the obligation to abide by land management laws and regulations, and have the right to report and accuse violations of land management laws and regulations.