Mortgage Brokers Discuss Options for Homeowners Facing Non-Renewal

When a mortgage term ends, most homeowners simply renew with their lender. But what happens if that lender chooses not to renew your mortgage? This unexpected decision can bring stress, urgency, and uncertainty. Mortgage non‑renewal isn’t the same as default; it means your lender won’t extend your loan at the end of its term. This leaves you with limited time to secure new financing or pay off the balance.