Canada’s warmest lake sits right in the middle of Osoyoos, creating something you won’t find anywhere else in BC. The water actually gets warm enough for swimming—not the “refreshing” kind of swimming you do elsewhere in the province, but genuinely comfortable temperatures that draw people back year after year.
This desert town pulls off an interesting trick. It’s managed to become both a serious wine destination and a family vacation spot without losing its small-town character. The wineries here aren’t trying to be Napa Valley pretentious. They’re making excellent wine in a place where the climate actually cooperates, and visitors can taste the difference that 300+ days of sunshine makes.
The housing market reflects what happens when retirees discover a place that delivers on its promises. Nearly half the population is over 65, and these aren’t people who moved here because it was cheap. They came for the lifestyle—golf courses that stay open longer, lake activities that don’t require a wetsuit, and winters that won’t punish their joints.
Tourism keeps the local economy humming, but it’s the kind of tourism that builds equity rather than just bringing chaos. People visit Osoyoos, fall in love with it, then start looking at real estate. The cycle repeats because the town has something genuinely scarce: reliable good weather in Canada.
The demographics tell a story that mortgage professionals understand. High median age, strong post-secondary education numbers, and a community built around lifestyle rather than just employment opportunities. These factors create stability in property values, even when broader economic conditions get bumpy.
For properties with solid fundamentals, Tekamar lends up to 65% loan-to-value in Osoyoos. The combination of natural scarcity—there’s only so much lakefront property—and consistent demand from equity-rich buyers makes this market more predictable than many BC communities. When people have spent decades building wealth elsewhere, they tend to make decisions about Osoyoos properties with cash reserves that provide cushion during uncertain times.
the Nearest Costco
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Our Mortgage Products Available in Osoyoos
| Mortgage Product Name | Max LTV | Key Notes for Osoyoos |
|---|---|---|
| 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 Osoyoos:
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 Osoyoos:
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 Osoyoos:
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 Osoyoos:
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 Osoyoos:
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 Osoyoos:
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 Osoyoos:
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...