Lake Country

Let’s talk about Lake Country, British Columbia—a hidden gem in the Okanagan Valley that’s catching the eye of savvy homebuyers and investors alike. Nestled between Kelowna and Vernon, this place isn’t just a pretty postcard. It’s a community on the rise, with a vibe that blends small-town charm with serious lifestyle perks. And for those of us in the mortgage game—whether you’re a broker hunting for a flexible lender or a borrower needing a creative solution—Lake Country is worth a closer look.

What sets Lake Country apart? For starters, it’s got the Okanagan’s signature beauty—think shimmering lakes like Wood and Kalamalka, plus trails that’ll make you forget your inbox for a few hours. But it’s not all scenery. The area’s seen a population boom of over 22% since 2016, which tells you people are moving here for good reason. Wineries, local events like the Lake Country ArtWalk, and a growing reputation as a retiree and vacation home hotspot keep the real estate market humming. From a lending perspective, that’s gold—strong resale potential even if the market takes a dip.

Now, let’s get practical. Housing here leans heavily toward single-detached homes—about 65% of the market—which means plenty of options for families or those looking to plant roots. But there’s also a decent mix of duplexes and low-rise apartments, so investors aren’t left out. For borrowers, this variety means you’ve got choices, whether you’re eyeing a fixer-upper or a lakeside retreat. And brokers, if your client’s deal doesn’t fit the bank’s cookie-cutter mold, Tekamar Mortgage Fund can step in with equity lending solutions tailored to these unique properties.

Here at Tekamar, we’re not like most MICs who stick to Vancouver or the Fraser Valley. Our tagline says it all: “We’ll lend where other MICs won’t.” Lake Country fits our sweet spot perfectly. We’re happy to consider deals here with a maximum loan-to-value (LTV) of 65%, though we adjust based on risk factors like construction or bare land. Our focus? Low LTVs for a safe exit strategy, because we know smaller markets can take a bit longer to sell if things go sideways. We’re all about protecting principal—our investors are friends and family, after all.

Why do we like Lake Country for lending? Beyond the lifestyle appeal, the economic base is solid. Construction and healthcare lead the job market, with tourism from those gorgeous wineries adding a nice buffer. Proximity to Kelowna doesn’t hurt either—it’s a stabilizing force. So, if you’re a borrower with a less-than-perfect credit score or income profile, we’re open to helping with first or second mortgages, credit repair, or bridge loans, as long as there’s a clear exit plan. Brokers, that means bring us your deals—we’re ready to chat and see if it’s a fit.

Lake Country isn’t just another Okanagan town. It’s a place where the climate’s warming (literally, by half a hardiness zone in recent decades), the community’s growing, and the opportunities for smart real estate moves are ripe. Whether you’re looking to buy or broker a deal, let’s talk about how Tekamar can help make it happen in a town that’s got more going for it than meets the eye.