The law stipulates that the maximum mortgage rate of land use rights is 70%. The mortgage rate of land use right refers to the ratio of loan amount to land valuation. The general mortgage rate is between 50% and 60%. The mortgage rate mainly depends on the value of the mortgaged goods. If the state-owned land is obtained free of charge, it can only use the land use right and cannot be mortgaged.

legal ground

"Provisional Regulations on Assignment and Transfer of Urban State-owned Land Use Right" Article 33 When the land use right is mortgaged, the above-ground buildings and other attachments will be mortgaged. When buildings and other attachments on the ground are mortgaged, the land use right within the scope of their use is mortgaged accordingly. Thirty-fifth land use rights and the mortgage of buildings and other attachments on the ground shall be registered in accordance with the provisions.