Cache Creek

If you’ve ever driven through the heart of British Columbia’s interior, chances are you’ve rolled through Cache Creek. It’s a small town with a big personality, sitting at the junction of the Trans-Canada Highway and Highway 97. Known as the “Arizona of Canada” for its arid landscape and mild climate, this place has a gritty charm that’s hard to ignore. But beyond the tumbleweeds and desert vibes, what does Cache Creek mean for mortgage brokers and borrowers looking for alternative financing? Let’s dig in.

First off, Cache Creek isn’t your typical BC hotspot like Kelowna or Victoria. With a population just shy of 1,000, it’s a tight-knit community where everyone knows everyone. That can be a double-edged sword in real estate. On one hand, properties here—mostly single-detached homes and a surprising number of movable dwellings—come with a lower price tag than urban centers. On the other, the buyer pool is limited. For brokers, this means deals need to be structured with a clear exit strategy in mind. For borrowers, it’s a chance to own in a quiet spot, but you’ll want a lender who gets the quirks of small-town markets.

At Tekamar Mortgage Fund, we’re not scared off by towns without stoplights. Our tagline, “We’ll lend where other MICs won’t,” isn’t just talk. While many mortgage investment corporations stick to Vancouver or the Fraser Valley, we focus on places like Cache Creek. Our maximum loan-to-value (LTV) here is 55%, reflecting the unique risks of a smaller market with high unemployment and a median household income well below the provincial average. We’re cautious, but we’re open to equity lending, credit repair, or bridge loans if the deal makes sense. Brokers, if you’ve got a client who’s been turned down by banks due to income or credit hiccups, give us a call—we thrive on these puzzles. Borrowers, if you’re sitting on equity in Cache Creek but can’t get traditional financing, we might be your ticket to a solution.

What sets Cache Creek apart? Its history and landscape. Places like Hat Creek Ranch, a preserved gold rush-era site, give it a cultural edge you won’t find in every small town. Plus, that mild climate—recently upgraded a full zone due to warming trends—makes it a sneaky-good spot for gardening or just enjoying the outdoors. But let’s be real: it’s not a retiree magnet or a vacation hub. The economic base leans heavily on accommodation and transportation, which can spell volatility. As a lender, we factor this into our risk assessment. A foreclosure scenario here could take longer to resolve due to limited demand, so we keep our LTV conservative to protect our investors—friends and family who trust us with their capital.

For mortgage brokers, Cache Creek is a niche opportunity. You might not have a flood of clients here, but when you do, you’ll need a lender who isn’t fazed by the small-town dynamic. Borrowers, meanwhile, should know that while we’re picky about LTV, we’re flexible on things like non-income qualifying loans if your equity story checks out. Got bare land or an odd property? We’ll take a look. Just don’t expect us to touch commercial or multi-family deals—that’s not our sandbox.

So, whether you’re a broker hunting for a creative financing partner or a borrower looking to leverage equity in Cache Creek, Tekamar’s got your back. Small towns are our sweet spot, and we’re ready to make deals work where others won’t even glance. Drop us a line—let’s talk about what’s possible in this desert gem.