Kaslo sits on the shores of Kootenay Lake like a postcard that refuses to fade. This town of just over 1,000 people has mastered something most places never figure out—how to age gracefully while staying relevant.
The numbers tell an interesting story. With a median age of 58 and over a third of residents being seniors, Kaslo has become a magnet for people who’ve earned the right to choose where they spend their golden years. They’re picking a place where single-detached homes make up 85% of the housing stock, Plant Hardiness Zone 7a means you can actually grow things, and the mountain-lake combo delivers on its promises year-round.
Here’s what makes Kaslo different: it’s not trying to be anything other than what it is. No pretense, no manufactured charm. Just genuine small-town living with legitimate recreational assets. The lake provides boating, fishing, and swimming. The surrounding mountains offer hiking that ranges from gentle walks to serious backcountry adventures. The historic downtown actually has character instead of just claiming it does.
The economic reality is straightforward—this isn’t where you move for career advancement. Tourism and forestry drive the local economy, unemployment sits at 9.7%, and median household income is $56,000. But that’s exactly why it works for its target demographic. Retirees with equity from selling urban properties can live well here, and the lifestyle delivers value that doesn’t show up in income statistics.
For mortgage brokers, Kaslo represents opportunities with clients who prioritize quality of life over proximity to employment centers. These borrowers often have substantial equity but may not fit traditional lending criteria due to retirement income structures or self-employment in seasonal businesses.
Tekamar offers a maximum LTV of 55% in Kaslo, reflecting both the smaller market size and the reality that selling a property here takes patience. But for the right borrower with the right equity position, Kaslo offers something increasingly rare—authenticity without the premium price tag.
the Nearest Tim Hortons
the Nearest Costco
Nearest Hospital
Our Mortgage Products Available in Kaslo
| Mortgage Product Name | Max LTV | Key Notes for Kaslo |
|---|---|---|
| Credit Repair and Debt Consolidation | 55.0% | Standard product terms |
| Variable Income | 55.0% | Standard product terms |
| Bare Land and Unique Properties | 55.0% | Standard product terms |
| Bridge Financing/Fully Open Term | 55.0% | Standard product terms |
| Equity Lending | 55.0% | Standard product terms |
| Purchases | 55.0% | Standard product terms |
Detailed Mortgage Product Information
Credit Repair and Debt Consolidation
Maximum Loan-to-Value (LTV) for Credit Repair and Debt Consolidation in Kaslo:
55.0 %
“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 Kaslo:
55.0 %
“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 Kaslo:
55.0 %
“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 Kaslo:
55.0 %
“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...
Equity Lending
Maximum Loan-to-Value (LTV) for Equity Lending in Kaslo:
55.0 %
“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 Kaslo:
55.0 %
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...