Clinton

Clinton sits at the crossroads of Highway 97 and the historic Cariboo Wagon Road, earning its reputation as the “Guest Ranch Capital of British Columbia.” This small community of 568 people has mastered the art of authentic Western hospitality, with working cattle ranches that have welcomed visitors for generations.

The town’s claim to fame extends beyond ranching. Clinton hosts Canada’s oldest continuously running rodeo, the Clinton Ball, which has been drawing crowds since 1868. That’s not a typo—this rodeo predates Canadian Confederation. The event transforms the quiet community into a bustling celebration of cowboy culture every May long weekend, proving that some traditions have serious staying power.

What makes Clinton particularly interesting from a lending perspective is its unique position as a retirement and recreational property destination. The median age of 58.8 years tells the story of people choosing this area for its slower pace and outdoor recreation opportunities. The Cariboo region offers world-class fishing, hunting, and hiking, attracting property buyers who value privacy and natural beauty over urban conveniences.

The housing market reflects this rural character, with 86.2% of homes being single-detached houses. These properties often sit on larger lots, appealing to buyers seeking space and tranquility. However, the remote location and harsh winters (Plant Hardiness Zone 4b) create a specialized market with limited buyer pools.

Tekamar recognizes these market realities in Clinton. Our maximum loan-to-value ratio of 50% reflects the extended timeline that property sales can require in smaller communities. For mortgage brokers working with clients who need equity-based lending solutions in the Cariboo region, we understand that rural properties require conservative lending approaches. The lower LTV ensures sufficient equity cushion while still providing access to capital for borrowers who appreciate Clinton’s unique blend of history, recreation, and Western heritage.