The two measures emphasize that banking financial institutions should reasonably and independently determine the loan mortgage rate, quota, term and interest rate, simplify loan procedures and strengthen loan risk control. The "two rights" mortgage loan that the borrower is required to obtain should be mainly used for legal purposes recognized by the lender, such as agricultural production and operation. The governments in the pilot areas should solidly promote the registration and certification of ownership, the construction of a circulation trading platform, the evaluation of value, the disposal of collateral and other supporting work, and provide basic support for the pilot of rural "two rights" mortgage loans.
The Interim Measures for the Pilot Project of Mortgage Loan for Rural Contracted Land Management Rights requires that the nature of public ownership should not be changed, the red line of cultivated land should not be broken, and scale indicators should not be issued at different levels. Disputes over the ownership of contracted land used for mortgage cannot exceed the remaining years of farmers' contracted land. The Interim Measures for the Pilot Project of Mortgage Loan for Farmers' Housing Property Rights stipulates that borrowers should have other long-term and stable living places and obtain the written consent of collective economic organizations. Financial institutions should take various ways to dispose of collateral to protect farmers' basic living rights.
In addition, both methods encourage local government departments to establish loan risk compensation and mitigation mechanisms through interest subsidies, risk compensation funds and guarantee companies to ensure the smooth operation of the pilot.