Local Mortgage Broker
Mortgage broker in St. John's, Newfoundland and Labrador
Helping St. John's buyers, refinancers, and renewers across Newfoundland and Labrador. Free service. Pre-approvals completed quickly once your documents are in — often within 1–2 business days. Speaks English, Hindi, Punjabi.
See how Rahul helps buyers across Newfoundland and Labrador.
★★★★★ 340+ 5-star reviews · NS Broker #3000996 · NB License #260053601 · AB RECA #LIC-00668583 · NL Licence #26-08-RB377-1 · Ontario License #M26001833 (FSRA) · 50+ lenders · Free service
NL Licence #26-08-RB377-1. Also licensed in NS, NB, ON & AB. St. John's files are served virtually from our Bedford, Nova Scotia office.
What to expect buying in St. John's in 2026
St. John's offers a mix of older character homes, newer subdivision properties, townhouses and condominiums. The right mortgage conversation starts with the property as well as the borrower: an older downtown home can raise different lender, insurer and appraisal questions than a newer build in the east end.
For a purchase, we map your down payment, closing costs and qualifying payment before you write an offer. For a renewal or refinance, we compare your current offer with other suitable lender options and review the penalty, legal and registration costs before recommending a switch.
Rahul Bedi is licensed in Newfoundland and Labrador (Licence #26-08-RB377-1) and works with St. John's clients virtually. Documents, signatures and lender updates can be handled online or by phone, with no Newfoundland office visit required.
Services we offer in St. John's
First-time home buyers
Down payments, the FHSA, HBP, and getting your offer accepted.
Learn moreSelf-employed mortgages
T1 doesn't tell the whole story. We find lenders who get it.
Learn moreNew to Canada mortgages
PR, work permit, foreign income. Service in English, Hindi, Punjabi.
Learn moreBad credit & complex files
B-lenders, private lenders, and credit rebuild paths.
Learn moreRefinance
Pull equity, consolidate debt, fund a renovation.
Learn moreRenewal
Don't auto-renew. We shop your renewal 4 months out.
Learn moreLocal context that matters
St. John's and surrounding communities we serve
- Downtown St. John's
- East End
- West End
- Airport Heights
- Kenmount Terrace
- Mount Pearl
- Paradise
- Conception Bay South
- Virtual service across St. John's and the surrounding Avalon Peninsula communities.
- Property-specific review for older homes, condominiums, rental units and unique appraisal considerations.
- Federal FHSA and RRSP Home Buyers' Plan planning for eligible first-time buyers.
- Evening and weekend appointments available by phone or video.
Why St. John's homeowners choose Rahul
- Newfoundland and Labrador Licence #26-08-RB377-1, with the real business address disclosed as Bedford, Nova Scotia.
- Pre-approvals completed quickly once your documents are in — often within 1–2 business days.
- Access to over 50 lenders, with options matched to your income, credit, property and timeline.
- Clear guidance in English, Hindi and Punjabi, with additional language support available.
FAQ
Are you licensed to arrange mortgages in Newfoundland and Labrador?
Yes. Rahul Bedi holds Newfoundland and Labrador Licence #26-08-RB377-1. The business office is at 1746 Bedford Hwy Unit 102 in Bedford, Nova Scotia; Newfoundland and Labrador clients are served virtually.
Do I need to visit an office in St. John's?
No. Applications, document collection, lender updates and mortgage commitments can be handled remotely by secure upload, phone and electronic signatures.
Can you help with an older St. John's home?
Yes. We review property age, condition, heating and electrical details, appraisal considerations and any lender or insurer requirements before you remove financing conditions. Requirements vary by property and lender.
How much down payment do I need in St. John's?
Federal minimum down-payment rules generally start at 5% on the first $500,000 and 10% on the portion above that, up to $1.5 million. Mortgage default insurance and other eligibility rules may apply. Your required cash to close also includes legal and other closing costs.
How long does a St. John's pre-approval take?
Pre-approvals completed quickly once your documents are in — often within 1–2 business days.