Kamloops

Kamloops sits at the crossroads of BC’s interior highways, and that’s no accident — this city of nearly 100,000 has mastered the art of being perfectly positioned. The Thompson Rivers converge here like mortgage deals flowing to a savvy broker, creating opportunities that smart money recognizes.

The numbers tell a compelling story. With a median household income of $88,000 and housing still dominated by single-detached homes at 50.3%, Kamloops maintains that sweet spot between urban amenities and small-town sensibility. The 8.4% population growth since 2016 isn’t just statistical noise — it’s people voting with their feet for a place that works.

What makes Kamloops different? It’s earned the title “Tournament Capital of Canada” by hosting over 100 sporting events annually. That’s not just civic pride talking; it’s economic diversification in action. When your town can pivot from hosting hockey tournaments to welcoming Thompson Rivers University students to serving as a gateway for Sun Peaks Resort visitors, you’ve built something resilient.

The mortgage landscape here reflects this stability. Healthcare leads employment at 15.6%, followed by retail trade at 13.6% — the kind of steady, recession-resistant sectors that make lenders sleep better at night. Construction comes in third at 9%, suggesting ongoing development without the boom-bust volatility of resource towns.

For mortgage brokers, Kamloops represents the goldilocks zone of BC lending. It’s large enough to have consistent deal flow but not so overheated that equity positions become precarious. The 70% maximum LTV we offer here reflects our confidence in the market’s fundamentals and liquidity.

The climate’s getting milder too — Kamloops has improved a full plant hardiness zone since the 1960s. While roses might appreciate that trend, what matters more is how this subtle shift supports the outdoor lifestyle that draws people here. When borrowers can ski Sun Peaks in winter and golf championship courses in summer, they tend to stick around.