According to the relevant regulations of CBRC, if trust funds provide financing for real estate projects in the form of loans, the real estate projects must meet the "432" standard.
That is, the four certificates of real estate development projects (state-owned land use certificate, construction land planning permit, construction project planning permit and housing construction permit) must be complete, the capital ratio of real estate development projects should meet the national minimum requirement of 30%, and the developer or its controlling shareholder has the second-class qualification for real estate development.
Extended data:
The principle of real estate loan is the principle that commercial banks should follow when issuing real estate loans to customers. Mainly includes:
1, liquidity principle. Banks require real estate enterprises that borrow money to have the ability to put bank loans into real estate development and construction as soon as possible to speed up turnover and ensure a virtuous circle of funds.
2. Safety principle. Banks require real estate enterprises to strictly perform contracts and use special loan funds to minimize loan risks.
3. The principle of profitability. Banks should require real estate enterprises to use credit funds reasonably, improve the profit rate of credit funds and ensure the profitability of credit funds.
Public trust. The Audit Commission named the "four certificates" of China Construction Investment Trust as incomplete