Based on 1173 loan samples,this paper uses Logistic regression and CreditRisk+ Model to analyze the influential factors of credit risk on rural land contract right mortgage loan,predict the default rate and measure credit risk on rural land contract right mortgage loan.The result shows that credit risk on rural land contract right mortgage loan is mainly influenced by hypothecary land,insurance and policies; risk levels are in order; mismatching between loan term and production cycle is a prominent contradiction and risk contributions vary with different sources of contract right.Besides,the proportion of expected loss and unexpected loss in VaR is reasonable,but when it is at the extreme,the expected loss will show obvious fluctuation.Therefore,in order to facilitate the development of rural land contract right mortgage loan,borrowers should be selected precisely by the lender,and the contract terms that relate to risks should be refined.