You can make a mortgage loan in the following ways:
The borrower must obtain the right to operate the land circulation in accordance with the law, and obtain the rural land circulation management certificate in accordance with the law, and obtain the written commitment of the employer (i.e. the village economic cooperative or the stock economic cooperative) and the outflow party to agree to mortgage. When the loan cannot be repaid, the financial institution can dispose of the mortgaged land circulation management right. The land used for mortgage needs to be agricultural land with a certain production scale and sustainable production capacity and other rural land that meets the mortgage conditions, and it is operated according to law and has not changed its agricultural use.
Information to be provided for mortgage loan of rural land circulation management right:
Proof of ownership of land circulation management right, including rural land circulation contract and rural land circulation management right certificate, etc.
Descriptive materials of the above-ground (including underground) attachments.
Written proof that the employer and the outflow party agree to mortgage and agree to the financial institution to dispose of the collateral.
After signing the mortgage loan contract with the lender, the borrower needs to go through the mortgage registration formalities at the county agricultural office. After obtaining the certificate of other rights of rural land circulation management right, financial institutions can issue loans according to loan contracts.