Port Hardy sits at the northern tip of Vancouver Island where the wilderness begins and the adventure never ends. This gateway to the Great Bear Rainforest has reinvented itself from a mining town into something more enduring—a basecamp for people who understand that proximity to untamed nature beats proximity to shopping malls.
The numbers tell part of the story: median household income of $69,000 with housing that’s refreshingly affordable compared to southern BC markets. What the numbers don’t capture is Port Hardy’s role as the launching point for some of Canada’s most spectacular wilderness experiences. The Inside Passage ferry route connects residents to Prince Rupert and Alaska, while world-class salmon fishing happens practically in residents’ backyards.
Here’s what makes Port Hardy different from other small BC communities—it’s built around permanent adventure infrastructure. The deep-water port, the airport, the marine services, and the tourism operators create a foundation that seasonal visitors can’t replicate elsewhere. Retirees discover they can live affordably while accessing experiences that cost thousands elsewhere. Younger residents often work seasonally in tourism, fishing, or forestry while enjoying a lifestyle that’s impossible in urban centers.
The housing market reflects this unique positioning. Over half the homes are single-detached houses, perfect for residents who need space for boats, RVs, and outdoor gear. The 19.6% senior population signals that people choose to age here rather than flee south.
Tekamar offers our complete range of mortgage products in Port Hardy with a maximum loan-to-value of 60%. We understand that properties here appeal to a specific buyer—someone drawn to authentic wilderness access and small-town living at the edge of the world.
the Nearest Tim Hortons
the Nearest Costco
Our Mortgage Products Available in Port Hardy
| Mortgage Product Name | Max LTV | Key Notes for Port Hardy |
|---|---|---|
| Credit Repair and Debt Consolidation | 60.0% | Standard product terms |
| Variable Income | 60.0% | Standard product terms |
| Bridge Financing/Fully Open Term | 60.0% | Standard product terms |
| Equity Lending | 60.0% | Standard product terms |
| Purchases | 60.0% | Standard product terms |
Detailed Mortgage Product Information
Credit Repair and Debt Consolidation
Maximum Loan-to-Value (LTV) for Credit Repair and Debt Consolidation in Port Hardy:
60.0 %
“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 Port Hardy:
60.0 %
“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...
Bridge Financing/Fully Open Term
Maximum Loan-to-Value (LTV) for Bridge Financing/Fully Open Term in Port Hardy:
60.0 %
“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 Port Hardy:
60.0 %
“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 Port Hardy:
60.0 %
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...