Robert McLister·General·August 26, 2008Mortgage Maturity Maturity means the end of a mortgage term. A maturity date is therefore the date when the principle balance of a mortgage comes due. Once your mortgage matures, you can either pay it all off or renew it. Most lenders send out renewal letters 30-60 days before maturity. Tip: Never sign a renewal letter without having a mortgage planner present all your options. Very often you’ll find better deals by switching to another lender. Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.