Enderby sits where the Shuswap River meets opportunity, and that’s not just real estate speak. This North Okanagan community of 3,000 people has figured out something many larger centers haven’t — how to balance small-town charm with genuine economic diversity.
The numbers tell an interesting story. While manufacturing leads employment at nearly 14%, Enderby’s economy spreads across retail, healthcare, education, and construction. That’s unusual stability for a town this size, where most communities lean heavily on a single industry. The median household income of $59,600 reflects this balanced approach, though the 7.1% unemployment rate suggests room for growth.
Here’s what catches attention: Enderby’s climate has literally warmed up. The plant hardiness zone improved from 6a to 6b over the past 30 years, extending growing seasons and making the area more attractive for both agriculture and residential living. That’s not just weather trivia — it’s economic potential in a region where outdoor lifestyle drives real estate demand.
The housing market shows mature stability with nearly 60% single-detached homes and a median age of 54.4 years. This demographic profile suggests established homeowners with equity, exactly the market segment that benefits from alternative lending solutions. The Shuswap River access and proximity to outdoor recreation create natural demand from both retirees and seasonal buyers.
Enderby’s claim to fame includes the Star Light Drive-In, one of BC’s last operating drive-in theaters. While that’s charming, the real draw is the river floating culture and hiking access that keeps property values steady through seasonal demand.
Tekamar offers up to 65% LTV in Enderby, recognizing the community’s solid fundamentals while accounting for the smaller market size. For brokers working with clients who need equity-based solutions, second mortgages, or debt consolidation in the North Okanagan, Enderby represents exactly the type of stable, overlooked market where alternative lending fills real gaps.
the Nearest Costco
Nearest Hospital
Our Mortgage Products Available in Enderby
| Mortgage Product Name | Max LTV | Key Notes for Enderby |
|---|---|---|
| Credit Repair and Debt Consolidation | 65.0% | Standard product terms |
| Variable Income | 65.0% | Standard product terms |
| Bare Land and Unique Properties | 65.0% | Standard product terms |
| Bridge Financing/Fully Open Term | 65.0% | Standard product terms |
| Commercial | 60.0% | Standard product terms |
| Development/Subdivisions | 50.0% | Standard product terms |
| Equity Lending | 65.0% | Standard product terms |
| Purchases | 65.0% | Standard product terms |
Detailed Mortgage Product Information
Credit Repair and Debt Consolidation
Maximum Loan-to-Value (LTV) for Credit Repair and Debt Consolidation in Enderby:
65.0 %
“Their credit report reads like a horror novel, but the house was just renovated and is worth a lot…”
Here’s what happens when life takes a wrong turn. A bad business venture. Workplace Injury. That divorce that dragged on for two years. Suddenly your credit score looks like a batting average and the banks won’t even return your calls.
But here’s the thing – none of that changes what your ho...
Variable Income
Maximum Loan-to-Value (LTV) for Variable Income in Enderby:
65.0 %
“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 Enderby:
65.0 %
“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 Enderby:
65.0 %
“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...
Commercial
Maximum Loan-to-Value (LTV) for Commercial in Enderby:
60.0 %
“We need a commercial mortgage, but we’re in Fort St. James…”
Here’s the thing about being a MIC that lends in tiny towns: sometimes commercial comes with the territory. The general store that’s been there since 1952. The six-plex that passes for high-density housing in Vanderhoof. The campground that’s also someone’s retirement plan.
We’re not going to pretend we love commercial lending. We ...
Development/Subdivisions
Maximum Loan-to-Value (LTV) for Development/Subdivisions in Enderby:
50.0 %
“Got a client with subdivision dreams? Unfortunately we’ll probably say no…”
Look, we know you’ve got that client. The one with 5 acres in Kamloops who’s convinced they’re sitting on a goldmine once it’s subdivided. They’ve got the sketches. They’ve done the math. They just need a lender who “gets it.”
We get it. We just don’t do it anymore.
After 20 years of funding subdivisions across rura...
Equity Lending
Maximum Loan-to-Value (LTV) for Equity Lending in Enderby:
65.0 %
“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 Enderby:
65.0 %
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...