Qualicum Beach has mastered something most communities struggle with: being genuinely desirable without the pretense. This Vancouver Island gem attracts people who’ve figured out that oceanfront living doesn’t require sacrificing sophistication.
The numbers tell a story of intentional living. With a median age of 67.5 years and 56% of residents over 65, this isn’t a retirement community by accident—it’s a destination for people who’ve earned their choices. They’re drawn by the rare combination of sandy beaches (unusual for Vancouver Island’s typically rocky coastline), the world-renowned Milner Gardens & Woodland, and a climate mild enough that golf courses stay open year-round.
What sets Qualicum Beach apart is its economic diversity despite the retirement demographics. Healthcare, retail, professional services, and construction each claim significant portions of the local economy, creating stability that many single-industry towns lack. The proximity to Nanaimo provides additional economic anchoring without the urban drawbacks.
The housing market reflects this appeal: nearly 80% single-detached homes in a community where property values hold remarkably well. When properties do come to market, they move quickly—even during broader economic downturns—because the lifestyle appeal transcends typical market cycles.
For mortgage brokers, Qualicum Beach represents the sweet spot of lending: properties with genuine desirability in a market that understands value. Our 65% maximum LTV reflects both the community’s stability and the reality that these properties sell when they need to. Whether it’s debt consolidation for retirees optimizing their finances or bridge financing for newcomers securing their piece of this coastal paradise, the equity cushion provides the security that makes deals work for everyone involved.
The Old Island Highway may run through town, but Qualicum Beach has never been about passing through—it’s about arriving.
the Nearest Costco
Nearest Hospital
Our Mortgage Products Available in Qualicum Beach
| Mortgage Product Name | Max LTV | Key Notes for Qualicum Beach |
|---|---|---|
| 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 Qualicum Beach:
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 Qualicum Beach:
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 Qualicum Beach:
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 Qualicum Beach:
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 Qualicum Beach:
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 Qualicum Beach:
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 Qualicum Beach:
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...