Mortgage Renewal Process
At the end of your mortgage term, so long as you still owe a balance, you will need to renew your mortgage for another term...
If you have four months until your current mortgage’s maturity date, most lenders will now allow you to begin the early mortgage renewal process, if necessary. Before making a decision, visit the pages below to learn about the different ways you can try to find a better rate or a different lender without paying extra fees. Use our Renewing Guide to find out more about how the process works, what you should do if your renewal is denied, and when to consider switching mortgage providers.