Land mortgage loan should be the right to use construction land legally owned by the lender, and land ownership cannot be used for mortgage. Lenders should have the ability to repay debts, have stable economic income, and have no record of bad behavior and dishonesty.

legal ground

Article 395 of the Civil Code

The following properties that the debtor or a third party has the right to dispose of may be mortgaged:

(a) buildings and other land attachments;

(2) The right to use construction land;

(3) the right to use the sea area;

(4) Production equipment, raw materials, semi-finished products and products;

(5) Buildings, ships and aircraft under construction;

(6) means of transportation;

(seven) other property not prohibited by laws and administrative regulations.

The mortgagor may mortgage the property listed in the preceding paragraph together.