The basic conditions of mortgage loan for shops are: they must have the ownership of shops, the shops they operate cannot be rented, and the maximum loan amount generally does not exceed 50% of the assessed value. Banks will comprehensively determine the maximum loan amount according to factors such as the face value, market value and location of shops; The loan term and house age shall not exceed 30 years.
Legal basis:
Article 399 of the Civil Code of People's Republic of China (PRC) The following properties shall not be mortgaged:
(1) Land ownership;
(two) the right to use collectively owned land such as homestead, private plots and private hills, except those that can be mortgaged according to law;
(3) Educational facilities, medical and health facilities and other public welfare facilities of non-profit legal persons established for the purpose of public welfare, such as schools, kindergartens and medical institutions;
(4) Property whose ownership and use right are unknown or controversial;
(5) Property that has been sealed up, detained or supervised according to law;
(6) Other properties that may not be mortgaged according to laws and administrative regulations.