Licensed Professionals
Mortgage Brokers in Newfoundland
Find licensed mortgage brokers across Newfoundland. Free service — brokers compete for your mortgage so you get the best rate from 50+ lenders. Newfoundland and Labrador offers some of Canada's most affordable real estate with no land transfer tax.
Serving all of Newfoundland
Access to 50+ lenders
Free service — lender-paid
No credit check required
Find Mortgage Brokers by City in Newfoundland
About the Newfoundland Mortgage Market
Newfoundland and Labrador offers some of Canada's most affordable real estate with no land transfer tax. St. John's is the province's economic hub with a strong energy sector.
Avg Home Price
$290,000
Best 5-Yr Fixed
4.89%
Year-Over-Year
+2.4%
Frequently Asked Questions
How do I find a licensed mortgage broker in Newfoundland?
Licensed mortgage brokers in Newfoundland are regulated provincially. Use LendGuide.ca to get matched with vetted brokers instantly — no credit check required.
How much do mortgage brokers charge in Newfoundland?
Mortgage brokers in Newfoundland are free to borrowers in virtually all cases. Lenders pay the broker a finder's fee (0.5–1.2% of the mortgage) when your mortgage closes.
What is the best mortgage rate in Newfoundland?
The best 5-year fixed rate in Newfoundland is currently around 4.89%. Variable rates start at approximately 5.45%. A broker can often find rates not publicly advertised.
Do I need a local broker or can I use any Canadian broker?
In Newfoundland, you can use any broker licensed in your province. However, local brokers often have better knowledge of Newfoundland-specific programs, lender preferences, and market conditions.
What is the land transfer tax situation in Newfoundland?
No provincial LTT
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