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100 Mile House sits right in the heart of the Cariboo, where the South Cariboo meets endless lakes, rolling ranch country, and some of the most reliable cross-country skiing in BC. This town of nearly 2,000 people has carved out a reputation as the “International Cross-Country Ski Capital” — not because of marketing fluff, but because they’ve hosted World Cup events and the trails here are genuinely world-class.
The community runs on a mix of forestry, ranching, and tourism, with folks drawn to the 100+ lakes within a short drive. That’s not hyperbole — the area really does have over 100 lakes, which explains why fishing guides, boat mechanics, and outdoor gear shops do steady business here. The median age of 55 tells you something important: this isn’t a place young families flock to for career opportunities, but it’s exactly where people land when they want space, clean air, and four real seasons.
Winter temperatures can drop to brutal lows, but that’s part of the appeal for the right buyer. Cross-country ski enthusiasts travel internationally to train here. The town embraces winter instead of just enduring it, with the annual 100 Mile House Nordic Ski Club drawing serious athletes and weekend warriors alike.
Housing stock reflects the practical mindset — nearly half the homes are single-detached houses, with a surprising 13% in movable dwellings that speak to the area’s resource-based roots. The retail and hospitality sectors employ about 30% of the workforce, serving both locals and the steady stream of outdoor recreation visitors.
Tekamar lends in 100 Mile House with a maximum LTV of 55%, reflecting both the specialized buyer pool and the reality that properties here can take time to sell. For brokers working with clients who have equity and want breathing room in Cariboo country, we’re here to help make deals work.
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Our Mortgage Products Available in 100 Mile House
| Mortgage Product Name | Max LTV | Key Notes for 100 Mile House |
|---|---|---|
| Variable Income | 55.0% | Standard product terms |
| Bare Land and Unique Properties | 55.0% | Standard product terms |
| Bridge Financing/Fully Open Term | 55.0% | Standard product terms |
| Purchases | 55.0% | Standard product terms |
Detailed Mortgage Product Information
Variable Income
Maximum Loan-to-Value (LTV) for Variable Income in 100 Mile House:
55.0 %
“Their income is all over the map, but there’s definitely income…”
Here’s a funny thing about lending based on Line 15000 of your Notice of Assessment: It’s a neat little box to underwrite against. Works great if you’re a salaried employee. Not so great if you’re running a fishing charter in Campbell River where thres fishing season, and the rest of the year.
We get it. Income isn’t always ti...
Bare Land and Unique Properties
Maximum Loan-to-Value (LTV) for Bare Land and Unique Properties in 100 Mile House:
55.0 %
“The appraisal came back as ‘property type: other’…”
Here’s a truth about real estate that nobody wants to admit: not everything fits in a box. Banks have boxes. Nice, tidy boxes labeled “single family home” and “condo” and “townhouse.” Their computer systems literally don’t have a dropdown menu option for “converted church with commercial kitchen” or “geodesic dome on 40 acres.”
We’ve funded...
Bridge Financing/Fully Open Term
Maximum Loan-to-Value (LTV) for Bridge Financing/Fully Open Term in 100 Mile House:
55.0 %
“Subjects came off their current home last week but their new place closes Friday…”
Here’s a funny thing about bridge financing: everyone thinks it’s complicated. It’s not. Someone needs to close on their new house before their old house sells. Or their sale fell through after they removed subjects on their dream home. Or they found the perfect downsizer condo but haven’t listed the family hom...
Purchases
Maximum Loan-to-Value (LTV) for Purchases in 100 Mile House:
55.0 %
Moving is supposed to be exciting. New town, new job, new chapter. So why do banks act like you’re asking for their firstborn when you need a mortgage?
“You haven’t been at your new job for thre months”
“Your self-employment income doesn’t count in a new market.”
“We need to see established a year if you are part time contract - even if you’re working 40 hours under your new role”
Meanwhile...