Lantzville sits quietly on Vancouver Island’s eastern shore, where 94% of residents have chosen single-detached homes over the urban squeeze happening elsewhere. This isn’t accidental—people come here for space, ocean views, and the kind of community where neighbors still wave.
The numbers tell an interesting story. With a median age pushing 51 and over a quarter of residents hitting retirement years, Lantzville has become Vancouver Island’s answer to “where should we move when we’re done with the rat race?” Yet it’s not just retirees. Families discover Superior Farm’s seasonal attractions, while professionals working remotely or commuting to nearby Nanaimo appreciate the balance of rural charm with city access.
Tekamar offers a maximum LTV of 65% in Lantzville, recognizing the community’s stable appeal and proximity to Nanaimo’s economic hub. The housing market here reflects something you don’t see everywhere: genuine scarcity of inventory. When 94% of your housing stock consists of single-family homes and your population keeps growing—even if slowly at 5.9%—supply stays tight.
The local economy spreads across healthcare, construction, and retail, creating the kind of employment diversity that weathers economic shifts better than resource-dependent towns. Median household income sits at $99,000, reflecting a mix of working professionals, retirees with decent savings, and folks who’ve traded Vancouver salaries for island living.
What makes Lantzville particularly interesting for mortgage professionals is its position as a “discovery” community. People often find it while looking at Nanaimo, then realize they can get more house, better views, and actual breathing room just minutes away. The waterfront properties and rural feel attract buyers from off-island who see value in Vancouver Island real estate without Victoria’s price tags.
For brokers working with clients seeking alternatives to BC’s overheated urban markets, Lantzville represents that sweet spot where lifestyle meets sensible pricing—and where equity-based lending solutions often make the most sense.
Nearest Hospital
Our Mortgage Products Available in Lantzville
| Mortgage Product Name | Max LTV | Key Notes for Lantzville |
|---|---|---|
| Construction Mortgages | 65.0% | Standard product terms |
| 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 |
| Equity Lending | 65.0% | Standard product terms |
| Purchases | 65.0% | Standard product terms |
Detailed Mortgage Product Information
Construction Mortgages
Maximum Loan-to-Value (LTV) for Construction Mortgages in Lantzville:
65.0 %
“Wait, you’re a MIC that actually does construction?”
Here’s something that makes brokers do a double-take. Yes, we do construction mortgages. No, that’s not a typo.
But before you start sending us your client with the 580 credit score who wants to build their dream home, let’s be clear: these aren’t your typical MIC deals. We only do construction for bankable clients. People the banks would ...
Credit Repair and Debt Consolidation
Maximum Loan-to-Value (LTV) for Credit Repair and Debt Consolidation in Lantzville:
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 Lantzville:
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 Lantzville:
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 Lantzville:
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...
Equity Lending
Maximum Loan-to-Value (LTV) for Equity Lending in Lantzville:
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 Lantzville:
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...