Lytton sits where the Thompson and Fraser rivers converge, earning its reputation as one of Canada’s hottest spots—literally. This tiny community of 210 people regularly breaks temperature records, hitting 49.6°C in 2021 before the devastating wildfire that reshaped everything.
The 2021 Lytton Creek Fire destroyed 90% of the village, but here’s what makes this place remarkable: it’s rebuilding with purpose. The community that once held the title of “Canada’s Hot Spot” is now becoming a case study in wildfire-resilient construction and community determination. Every single-detached home represents a story of either survival or renewal.
With a 40% maximum LTV, Tekamar approaches Lytton lending with extreme caution. The numbers tell the story—a median age of 58.4 years, 100% single-detached housing, and an economy built around transportation and warehousing serving the Fraser Canyon corridor. Zero unemployment sounds impressive until you realize it’s based on a working population of just 30 people.
The Indigenous heritage runs deep here. Lytton sits in the heart of Nlaka’pamux territory, where salmon fishing traditions stretch back thousands of years. The community’s location at the confluence isn’t just geographically significant—it’s culturally and economically vital as a transportation hub between Vancouver and the Interior.
For brokers, Lytton represents ultra-specialized lending territory. Clients here aren’t looking for typical mortgage products—they need equity-based solutions for reconstruction, bridge financing for insurance settlements, or consolidation loans while rebuilding their lives. The 40% LTV reflects reality: in a community where most structures are less than three years old and climate risks are proven, conservative lending isn’t just smart—it’s essential.
The Fraser Canyon’s dramatic landscape and the community’s phoenix-like story attract attention, but successful lending here requires understanding both the resilience and the risks of Canada’s most temperature-tested town.
the Nearest Tim Hortons
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Our Mortgage Products Available in Lytton
| Mortgage Product Name | Max LTV | Key Notes for Lytton |
|---|---|---|
| Bare Land and Unique Properties | 40.0% | Standard product terms |
| Bridge Financing/Fully Open Term | 40.0% | Standard product terms |
| Equity Lending | 40.0% | Standard product terms |
| Purchases | 40.0% | Standard product terms |
Detailed Mortgage Product Information
Bare Land and Unique Properties
Maximum Loan-to-Value (LTV) for Bare Land and Unique Properties in Lytton:
40.0 %
“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 Lytton:
40.0 %
“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 Lytton:
40.0 %
“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 Lytton:
40.0 %
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...