Legal analysis: rural collective land use certificate can not be used for loans. Therefore, it is impossible for villagers to use collective land use certificates as mortgage loans, and they can only consider other mortgages. In addition, it needs to be clear that not only farmers' collective land use certificates can not be loaned, but also homestead and hilly land can not be loaned.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 398 The right to use the construction land of township enterprises shall not be mortgaged separately. Where buildings such as factories of township enterprises are mortgaged, the right to use the construction land occupied by them shall be mortgaged together.

Article 399 The following properties may not be mortgaged: collectively owned land use rights such as cultivated land, homestead, private plots and private hills. Except as provided by law, houses on collective land shall not be mortgaged.