Legal analysis: mortgage contract can be cancelled without loan, but before mortgage. If the mortgage is made, it is not allowed, because after the mortgage is made, the contract is deemed to have taken effect and unilateral breach of contract is not allowed. If you want to cancel at this time, it will be regarded as prepayment and you need to bear the liability for breach of contract. You should pay the liquidated damages according to the contract, and the expenses incurred in the early stage of the loan will not be refunded or replenished. Moreover, the credit information collected at this default meeting will be included in your personal credit record, which will have a certain impact on applying for loans in the future.

Legal basis: Article 354 of the Civil Code of People's Republic of China (PRC). Where the right to use construction land is transferred, exchanged, contributed, donated or mortgaged, the parties concerned shall conclude a corresponding contract in writing. The term of use shall be agreed by the parties, but it shall not exceed the remaining term of the right to use the construction land.

Article 381 An easement may not be mortgaged separately. If the right to operate the land and the right to use the construction land are mortgaged, the easement shall be transferred together when the mortgage is realized.