New Hazelton sits where the Bulkley and Skeena Rivers meet, creating one of northern BC’s most historically rich corridors. The town emerged as a railway hub in 1914, but its story runs much deeper — this area has been home to the Gitxsan people for thousands of years, and their cultural presence remains strong through the world-renowned ‘Ksan Historical Village.
What sets New Hazelton apart isn’t just its location at the crossroads of major northern highways, but its role as a gateway to some of BC’s most spectacular wilderness. The nearby Rocher Deboule Mountains offer year-round outdoor recreation, while the Skeena River provides world-class salmon fishing that draws anglers from across North America. The town’s proximity to the Hazeltons — a cluster of four communities within 10 kilometers — creates a unique micro-economy that’s more resilient than typical northern settlements.
The housing market reflects the area’s dual nature as both a service center and lifestyle destination. With 74% of homes being single-detached houses and a median household income of $66,500, there’s clear demand for family-oriented properties. The 3.8% population growth since 2016 suggests people are discovering what locals have always known — this is one of the few places where you can access northern BC’s natural wealth while maintaining reasonable proximity to services.
Mining and resource extraction continue to drive economic activity, but the town has diversified into education and healthcare services, creating stability that many northern communities lack. The employment landscape shows government and service sectors providing steady work alongside the traditional resource economy.
For mortgage brokers working with clients who value outdoor lifestyle and cultural richness, New Hazelton presents opportunities in a market that outsiders often overlook. Tekamar offers lending solutions up to 50% LTV for properties in this community, recognizing both the area’s appeal and the practical considerations of northern BC real estate markets.
the Nearest Tim Hortons
the Nearest Costco
Local Hospital
Our Mortgage Products Available in New Hazelton
| Mortgage Product Name | Max LTV | Key Notes for New Hazelton |
|---|---|---|
| Variable Income | 50.0% | Standard product terms |
| Bare Land and Unique Properties | 50.0% | Standard product terms |
| Bridge Financing/Fully Open Term | 50.0% | Standard product terms |
| Equity Lending | 50.0% | Standard product terms |
| Purchases | 50.0% | Standard product terms |
Detailed Mortgage Product Information
Variable Income
Maximum Loan-to-Value (LTV) for Variable Income in New Hazelton:
50.0 %
“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 New Hazelton:
50.0 %
“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 New Hazelton:
50.0 %
“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 New Hazelton:
50.0 %
“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 New Hazelton:
50.0 %
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...