Hudson's Hope

I recently stumbled across a story about Hudson’s Hope, British Columbia, where a local once described it as the kind of place where your biggest traffic jam is waiting for a moose to cross the road. That’s not just a cute anecdote—it’s a glimpse into what makes this tiny community of about 800 people so unique. Nestled in the Peace River region, Hudson’s Hope isn’t your typical BC real estate market, and for mortgage brokers and borrowers looking for alternative financing, it’s a spot worth understanding. At Tekamar Mortgage Fund, we’re all about lending where others won’t, and Hudson’s Hope fits that bill perfectly.

Let’s get real for a second. This isn’t Vancouver or Kelowna, where properties flip faster than pancakes at a diner. Hudson’s Hope is remote, with a harsh climate—think very cold winters and a short growing season in Plant Hardiness Zone 3b. That might scare off some buyers, but it also creates a niche appeal for lifestyle seekers, retirees, or outdoor enthusiasts drawn to the stunning lakes, rivers, and camping spots nearby. Ever heard of Dinosaur Lake? It’s a local gem for fishing and boating, and it’s exactly the kind of draw that can make a property here stand out, even in a slower market. For brokers, that means pitching the lifestyle angle to clients. For borrowers, it’s a reminder that equity in a unique spot like this can still open doors with the right lender.

From a mortgage perspective, here’s the scoop: Hudson’s Hope has a housing market dominated by single-detached homes—about 75% of dwellings. You’ve also got a decent chunk of movable dwellings, which hints at a flexible, rugged vibe. But with a small population and an economy tied heavily to utilities and resource industries like mining, values can be volatile. That’s why at Tekamar, we cap our loan-to-value (LTV) ratio at 50% here. We’re not being overly cautious; we’re just realistic about recovery timelines in a remote market if things go sideways. Brokers, this means your deals need to show strong equity upfront. Borrowers, it’s a heads-up that we’re looking for a solid buffer to protect both you and us.

What sets Hudson’s Hope apart from other small BC towns? It’s not just the scenery or the quiet life—though the Peace River Valley views are hard to beat. It’s the community’s grit. With a median household income around $81,000 and a heavy reliance on utilities (over 20% of jobs), this is a working town, not a tourist trap. That shapes the kind of borrowers you’ll meet—folks who might not qualify under strict bank rules but have real equity to leverage. We love those deals at Tekamar. Our focus on equity lending means we can often say yes to credit repair or non-income-qualifying scenarios when others say no, as long as there’s a clear exit strategy. Brokers, if you’ve got a client in Hudson’s Hope with a solid property but a bumpy credit history, give us a call. Borrowers, if you’re in a similar boat, know that we’re here to look at the big picture.

Here’s the bottom line. Hudson’s Hope is a bit of a hidden corner in BC, but it’s got character and potential for the right buyer or investor. At Tekamar, with our tagline “We’ll lend where other MICs won’t,” we see opportunity in places like this. Whether you’re a mortgage broker hunting for a lender who gets small-town dynamics or a borrower needing a creative solution, we’re ready to chat. After all, in a town where moose might outnumber stoplights, you need a lender who’s not afraid to tread off the beaten path.