Northern Rockies

Ever driven through a place so remote you felt like you’d stumbled into a different era? That’s Northern Rockies, British Columbia, for you—a rugged, untamed corner of the province where the landscape is as tough as the people who call it home. Nestled in the far northeast, this community of just under 4,000 souls is a world away from the bustle of Vancouver or even Kelowna. And that’s exactly what makes it intriguing for folks like us at Tekamar Mortgage Fund, where our motto is “We’ll lend where other MICs won’t.”

What sets Northern Rockies apart in the real estate game? It’s not your typical suburban sprawl or cookie-cutter condo market. Over half the homes here are single-detached houses, with a surprising chunk—about a quarter—being movable dwellings. Think trailers or modular homes, often tied to the transient nature of work in industries like construction and transportation. For mortgage brokers, this means deals here might not fit the standard mold, but that’s where we shine with creative equity lending solutions. And for borrowers, if you’ve got a unique property or a less-than-perfect credit story, we’re open to chatting as long as there’s a clear exit strategy to protect everyone involved.

Let’s talk lifestyle, because it’s a huge draw. Northern Rockies isn’t just remote—it’s a gateway to some of the wildest outdoor playgrounds in BC. We’re talking lakes, mountains, and, if you’re lucky, the Northern Lights dancing overhead. I’ve heard locals brag about fishing at Muncho Lake, a stunning spot right off the Alaska Highway, as if it’s their backyard pond. That recreational appeal adds a niche value to properties here, even if the harsh climate—think brutally cold winters in Plant Hardiness Zone 2b—keeps the faint-hearted away. For brokers, that’s a selling point to pitch to clients looking for a lifestyle investment. Borrowers, if you’re dreaming of a cabin retreat, just know we’re cautious with a max loan-to-value (LTV) of 50% here due to the remote location.

Now, a quick reality check on the economics. The area leans heavily on construction and transportation, with a higher-than-average unemployment rate. That’s a flag for us at Tekamar, as it signals some risk if industries take a hit. We’re not saying no to deals, but we’re extra diligent about low LTVs to ensure a safe exit if things go south. Brokers, when you bring us a file from Northern Rockies, expect us to dig deep into the property’s resale potential. Borrowers, this means we’ll look hard at your equity position to make sure we’re all covered.

Why do we bother with places like this when other MICs stick to urban centers? Because we’ve been at this for over 20 years, and we know small towns often hide big opportunities. Northern Rockies might not have a stoplight—or much else in the way of big-city amenities—but it’s got character and potential for the right buyer. Whether you’re a broker hunting for a lender who gets rural markets or a borrower needing a non-traditional mortgage for a unique property, give us a call. We’re not just here to lend; we’re here to make deals work where others won’t even look.