Chase

Chase sits where the South Thompson River meets Little Shuswap Lake, creating what locals call the perfect retirement playground. With a median age of nearly 60 and almost 40% of residents over 65, this community has mastered the art of attracting people who’ve earned their leisure time.

The numbers tell a compelling story for mortgage brokers working with clients seeking recreational properties or retirement homes. Single-detached houses dominate at 75% of the housing stock, while the community’s strategic location provides four-season recreation that keeps property values stable. Chase’s warming climate trend—improving by a full plant hardiness zone over recent decades—means longer growing seasons and more comfortable year-round living.

Tekamar offers a maximum LTV of 55% in Chase, reflecting both the smaller market size and the community’s strong lifestyle appeal. Our equity-based lending products work particularly well here for clients consolidating debt before retirement, purchasing recreational properties, or bridging financing gaps while relocating from urban centers.

The economic picture shows interesting diversification beyond the typical resource-town model. Retail trade leads employment at 12.7%, followed closely by construction at 12.2%—both indicators of a community that’s building and spending rather than just surviving. Healthcare and social assistance round out the top three industries, supporting the significant senior population.

Chase’s location advantage can’t be overstated. You’re 20 minutes from Kamloops services but living where the lake meets your backyard. The community offers championship golf, extensive trail networks, and some of BC’s best freshwater recreation. For mortgage brokers, this translates to clients who aren’t just buying houses—they’re investing in a lifestyle that maintains its appeal regardless of economic cycles.

The 4.9% population growth since 2016 proves Chase isn’t just surviving the rural exodus affecting many small BC communities. People are actively choosing to move here, creating opportunities for both purchase and refinancing transactions.