Applier' s Qualification

·	Should be legal persons whose incorporation is permitted by industrial and commercial administrative authorities; holders of Real Estate Business Licenses;
·	With relatively strong economic capacity, in satisfactory operational status and capable of counter-purchase guaranty;
·	Having established moderate business relations with the China Merchants Bank with favorite credibility;
·	Other conditions deemed necessary by the China Merchants Bank.

Real Estate Acceptable as Mortgages

·	Good geological location and relatively strong liquidity;
·	Having obtained all permissions and approvals as required by laws; with qualification certificates for sales (advance sales) issued by national land resources management authorities;
·	Going through the procedure of mortgage loan quota application. Applier should submit all needed documents in line with requirements for fixed assets credit.