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The long-term loan usually has a maturity of 3-10 years although long-term bank loans can stretch out as far as 20 years depending on its purpose.
A mortgage is a loan secured by property: the house which you've purchased and now own. As long as you keep up the monthly payments, the loan is current. A mortgage is a fixed-term loan; it can run 10, 15, 20 or (most commonly) 30 years. The end of that term is known as the maturity date. The maturity date represents the due date of the final installment of principal on a loan. You repay a mortgage loan in regular monthly installments; thus the payment of principal is spread over the entire term of the loan.