What documents do I need for a mortgage renewal?
If you sign the offer your current lender sent, often nothing at all. If you want any other option, it is a new application — and a new lender is deciding from scratch, so it verifies your income, your taxes and your insurance itself.
Usually needed
Your renewal or maturity letter
The notice from your current lender. It names the maturity date and what they are offering.
Government photo identification
Required for any new lender.
Current mortgage statement
Shows the balance, the rate, and the remaining amortization.
Property tax bill
Most recent, showing the annual amount and that it is paid up to date.
Proof of income
Recent pay stubs and a T4, or a letter of employment.
Notice of Assessment
Usually the last two years from CRA.
Void cheque or pre-authorised debit form
For the account the payment comes from.
Home insurance details
Policy number and the insurer.
Only if it applies to you
Self-employment documents
Only if you are self-employed: usually two years of T1 Generals and financial statements.
Condominium status certificate
Only for a condominium, and only if a new lender asks.
Separation or divorce agreement
Only if one applies and it affects the property or income.
Your maturity date decides when these need to be in hand.
Open the Renewal PlannerCommon questions
- What documents do I need for a mortgage renewal?
- If you stay with your current lender and simply sign their offer, often none. If you want any other option — including moving to a different lender — it is a new application: identification, a recent mortgage statement, the renewal letter, proof of income, your Notice of Assessment, the property tax bill, home insurance details and a void cheque.
- Why do I need documents at all if I already have a mortgage?
- Because a switch is a new lender making a new decision. The existing lender already has your history; a new one is starting from nothing and has to verify income, taxes and insurance itself.
- When should I have these ready?
- Around four months before the maturity date. Gathering a Notice of Assessment in a calm week is a different task from gathering it in the final fortnight.
- I am self-employed. Is it different?
- Usually yes — commonly two years of T1 Generals and business financial statements instead of pay stubs. What a specific lender asks for varies, which is a question for a licensed mortgage agent.
This planner organises dates and paperwork. It is not mortgage advice, it is not an approval, and it quotes no rate — no rate, product or outcome can be determined from a form. A licensed mortgage agent reviews your situation and your lender confirms your own terms.