What is a 'Subprime Mortgage'. A subprime mortgage is a type of mortgage that is normally issued by a lending institution to borrowers with low credit ratings. As a result of the borrower's lower credit rating, a conventional mortgage is not offered because the lender views the borrower as having a larger-than-average risk of defaulting on the loan.
Negril Estate, Westmoreland Jamaica, the premier, world renowned tourist destination now boasts having a first class, gated resort residential community, located on the hill, Â¾ mile east of the seven mile long splendiferous stretch of white sand beach.
There are far fewer low-budget options in Montego Bay compared to nearby Negril, so this is mostly a mid-range area for the Caribbean, with a few really high-end places sprinkled in. The all-inclusive resorts in Montego Bay are excellent value, especially when packaged with a flight.