Cache Creek sits at the crossroads of BC’s interior, where Highway 1 meets Highway 97 — making it impossible to miss if you’re driving anywhere significant in the province. This geographic advantage has shaped everything about the town, from its Wild West history as a gold rush supply stop to its modern role as a rest point for travelers heading to Vancouver, Calgary, or points north.
The town earned its reputation as “Arizona of Canada” thanks to its desert-like landscape and surprisingly warm, dry climate. While most of BC battles rain and snow, Cache Creek basks in zone 6a growing conditions that have actually improved over the past 30 years. The climate here supports everything from cattle ranching to specialty crops, though the real economic drivers remain transportation and hospitality — logical choices when you’re the last fuel stop before some pretty remote stretches of highway.
What makes Cache Creek interesting from a lending perspective isn’t its size (under 1,000 people) but its function. This isn’t a bedroom community or retirement haven — it’s a working town that serves a purpose bigger than its population suggests. The Hat Creek Ranch nearby draws history buffs, while the desert environment attracts photographers and outdoor enthusiasts looking for BC’s most un-BC-like landscape.
The housing market reflects the town’s practical nature: over half the homes are single-detached houses, but nearly 28% are mobile homes — unusual for most BC communities but perfectly sensible here. People live in Cache Creek because it works for them, not because they’re chasing lifestyle dreams.
For mortgage brokers working with clients who understand small-town BC realities, Cache Creek represents straightforward lending opportunities. Our 55% maximum LTV reflects the community’s specialized nature — we’re conservative here, but we’re present when other lenders might not be.
the Nearest Costco
Nearest Hospital
Our Mortgage Products Available in Cache Creek
| Mortgage Product Name | Max LTV | Key Notes for Cache Creek |
|---|---|---|
| Construction Mortgages | 55.0% | Standard product terms |
| 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 |
| Equity Lending | 55.0% | Standard product terms |
| Purchases | 55.0% | Standard product terms |
Detailed Mortgage Product Information
Construction Mortgages
Maximum Loan-to-Value (LTV) for Construction Mortgages in Cache Creek:
55.0 %
“Wait, you’re a MIC that actually does construction?”
Here’s something that makes brokers do a double-take. Yes, we do construction mortgages. No, that’s not a typo.
But before you start sending us your client with the 580 credit score who wants to build their dream home, let’s be clear: these aren’t your typical MIC deals. We only do construction for bankable clients. People the banks would ...
Variable Income
Maximum Loan-to-Value (LTV) for Variable Income in Cache Creek:
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 Cache Creek:
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 Cache Creek:
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...
Equity Lending
Maximum Loan-to-Value (LTV) for Equity Lending in Cache Creek:
55.0 %
“They have tons of equity but don’t qualify under B20…”
Here’s the thing about equity lending: it exists because banks literally can’t do it. B20 guidelines require income verification. Full stop. No wiggle room. No common sense exceptions.
We’re provincially regulated. The funds we lend on come from individual investors, not the Bank of Canada. So when your client has 50% equity but their in...
Purchases
Maximum Loan-to-Value (LTV) for Purchases in Cache Creek:
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...