Cache Creek

Cache Creek sits at one of BC’s most strategic crossroads, where the Trans-Canada Highway meets Highway 97 heading north to the Cariboo. This positioning has defined the town for over a century, making it a natural stop for travelers and freight haulers moving through the province’s interior.

The community of just under 1,000 people has built its identity around serving the constant flow of traffic passing through. With accommodation and food services employing nearly one in five residents, Cache Creek understands the hospitality business. The town’s truck stops, motels, and restaurants have been feeding and housing travelers since the days when the Cariboo Wagon Road brought gold seekers north.

What makes Cache Creek particularly interesting is its climate evolution. The area has warmed significantly over recent decades, shifting from a harsher growing zone to one that now supports a much wider range of plants and crops. This warming trend has opened new agricultural possibilities that weren’t viable generations ago.

The nearby Hat Creek Ranch offers a glimpse into the region’s frontier past, complete with stagecoach rides and historical demonstrations. The ranch sits along the original Cariboo Wagon Road, the same route that brought thousands of prospectors through Cache Creek during the 1860s gold rush.

For mortgage brokers, Cache Creek presents a specialized lending environment. The community’s small size and economic challenges—including a 13% unemployment rate and heavy reliance on seasonal tourism—require careful consideration. Our 55% maximum LTV reflects these market realities while still providing opportunities for borrowers who need alternative financing solutions.

The town’s strategic location ensures it won’t disappear, but property values remain modest. This creates opportunities for debt consolidation and equity-based lending for residents who’ve built equity over time but may not qualify for traditional financing due to income volatility common in tourism-dependent economies.