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.
Negril is a bit of a hippie paradise, a bohemian nerve center despite the onset of the tourism industry. It's the city that would be a backpacker's town, if that sort of thing were more popular in Jamaica. Its still the most inexpensive area of the country; even the Jamaica resorts found here are relatively cheap. Negril beach is the Jamaica beach you see in the postcards - the cliffs in the background, the ubiquitous azure water.