Clinton

Let’s talk about Clinton, British Columbia—a small town with a big personality, tucked away in the Cariboo region. This isn’t your typical bustling urban hub, and that’s exactly why it’s worth a closer look. With a population just shy of 600, Clinton offers a slice of history, rugged charm, and some unique opportunities for the right borrower or broker. At Tekamar Mortgage Fund, we’re all about lending where others won’t, and Clinton fits right into our sweet spot of smaller BC communities.

What makes Clinton stand out? For starters, it’s got a deep historical vibe—often called the “Gateway to the Cariboo Gold Rush.” You can feel the past walking down its streets, with antique shops and old-time architecture that draw retirees and weekenders looking for a quieter life. Local spots like the Clinton Museum or the annual Ball & Rodeo give it a community heartbeat that’s hard to find in bigger centers. From a real estate lens, this translates to niche appeal—think second homes or retirement properties for folks who value peace over proximity to a Starbucks.

Now, let’s get practical. Clinton’s housing market is dominated by single-detached homes, making up over 85% of properties. That’s a plus for borrowers with equity in these types of homes, as they’re often easier to appraise and sell in a pinch compared to oddball properties. For mortgage brokers, this means deals here can be straightforward if the numbers align. At Tekamar, we’re open to lending in Clinton with a maximum loan-to-value (LTV) of 50%. Why so conservative? It’s simple: smaller towns like this can take longer to liquidate in a worst-case scenario. We’re upfront about that because protecting our investors—friends and family who’ve trusted us for over 20 years—is non-negotiable.

Here’s where it gets interesting for alternative finance. Clinton’s economic base leans on agriculture, forestry, and retail, but with a median household income around $48,000 and an unemployment rate north of 10%, traditional lenders often shy away. That’s where we step in. Borrowers who don’t tick every box for a bank—maybe due to credit hiccups or income that’s hard to verify—can still find a path with us through equity lending. Brokers, if you’ve got a client with solid equity but a messy financial story, give us a call. We love crafting solutions with a clear exit strategy, like a future refinance to pay us out.

One thing to note: Clinton’s remote location and harsh winters mean it’s not for everyone. Buyer demand can be soft, especially if a property needs to move fast. That’s why we’re picky about LTV and deal structure—think first or second mortgages on residential properties, no commercial or multi-family. We’re not here to gamble; we’re here to make smart loans. Borrowers, that means you’ll need to show us there’s room in the deal for safety. Brokers, it means we’ll work with you to structure something sustainable.

So, whether you’re a borrower dreaming of a quiet life in Clinton or a broker hunting for a lender who gets small-town dynamics, Tekamar Mortgage Fund has your back. We’re not just another MIC; we’re your MIC for towns without stoplights. Got a deal in mind? Let’s chat and see if Clinton’s next big story includes you.