Free checklist

    Mortgage Renewal Checklist

    Start 120 days before your maturity date.

    By Saminder (Sami) Juneja, Mortgage Broker · Published · Updated

    Before the renewal letter

    • Note your maturity date and current rate
    • Check your current balance and prepayment privileges
    • Pull your credit report
    • Decide if you need to borrow more or change amortization

    Comparing offers

    • Compare your lender's offer with at least one broker quote
    • Compare term length, prepayment and portability
    • Ask about switch costs (legal, appraisal, discharge)
    • Get any offer in writing before signing

    Cite this resource

    Preferred title and URL for journalists and organizations:

    Saminder (Sami) Juneja. “Mortgage Renewal Checklist.” The Juneja Group, updated 2026-09-29. https://thejunejagroup.ca/resources/checklists/mortgage-renewal

    Educational information only — not financial, legal or tax advice, and not an offer or approval. Rates and lender policies change; all financing is subject to lender approval.