About a month.
If a commercial loan is converted into a provident fund loan, that is, after a commercial housing mortgage loan is used to purchase commercial housing, policy housing, or affordable housing, the original commercial housing mortgage loan has not been repaid and the housing provident fund purchase loan conditions are met, the housing provident fund purchase loan can be converted into a housing provident fund loan. Provident fund housing purchase loans are used to repay part or all of the original commercial housing mortgage loan.
The specific process for converting a commercial loan to a provident fund loan is as follows: 1. Apply for a housing provident fund loan with the real estate credit department of the corresponding bank in each district or county with the house purchase contract, ID card, housing provident fund savings magnetic card, and seal. To use the housing provident fund loan of both spouses, you must also bring a marriage certificate or other proof of the relationship between husband and wife. 2. Fill out the personal housing provident fund loan application form and wait for bank review. 3. After passing the review, the lending bank signs a loan contract and a mortgage contract, and the borrower goes to the property rights department to handle the loan guarantee procedures. 4. Go through the procedures for housing mortgage insurance. Together with the loan contract, mortgage contract (pledge contract), other property rights certificates, mortgage certificate and other loan information, submit it to the lending bank for house insurance procedures. 5. Sign a repayment agreement and transfer agreement. 6. Bank transfer.