Quesnel sits at the confluence of the Fraser and Quesnel Rivers, where gold rush history meets modern forestry economics. The town that once drew thousands of prospectors still attracts people seeking something different from urban BC, though today’s treasure hunters are more likely carrying fishing rods than gold pans.
The numbers tell a story of economic resilience mixed with resource-dependent reality. Manufacturing drives 16.9% of employment—primarily forestry-related operations that have anchored this community for generations. Healthcare and retail follow closely, serving both locals and the surrounding rural population that looks to Quesnel as their regional hub.
What sets Quesnel apart is its position as the gateway to some of BC’s most spectacular wilderness. The Bowron Lake Canoe Circuit starts here, drawing paddlers from around the world to tackle what many consider Canada’s premier canoe route. This isn’t weekend warrior territory—it’s a 116-kilometer journey through pristine lakes and portages that takes serious commitment.
The housing market reflects practical priorities over speculation. Nearly 60% of homes are single-detached houses, with a median household income of $67,000 supporting a lifestyle that values space and outdoor access over urban amenities. The 10.5% unemployment rate signals the ongoing challenges facing resource-dependent communities, but also creates opportunities for alternative financing solutions.
For mortgage brokers working with clients who don’t fit traditional lending boxes—whether they’re lifestyle buyers drawn to wilderness access, entrepreneurs building resource-based businesses, or locals needing flexible financing during industry transitions—Quesnel represents opportunity. The town’s established infrastructure, regional importance, and natural advantages provide stability even when economic cycles create temporary challenges.
Tekamar offers 55% maximum LTV here, recognizing both the community’s solid foundation and the realities of a smaller, resource-focused market. We’re here for deals that make sense for borrowers who understand what Quesnel offers: authentic wilderness access, genuine community connections, and the kind of space that’s increasingly rare in modern BC.
the Nearest Costco
Our Mortgage Products Available in Quesnel
| Mortgage Product Name | Max LTV | Key Notes for Quesnel |
|---|---|---|
| Credit Repair and Debt Consolidation | 55.0% | Standard product terms |
| Variable Income | 55.0% | Standard product terms |
| Bare Land and Unique Properties | 55.0% | Standard product terms |
| Bridge Financing/Fully Open Term | 55.0% | Standard product terms |
| Equity Lending | 55.0% | Standard product terms |
| Purchases | 55.0% | Standard product terms |
Detailed Mortgage Product Information
Credit Repair and Debt Consolidation
Maximum Loan-to-Value (LTV) for Credit Repair and Debt Consolidation in Quesnel:
55.0 %
“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 Quesnel:
55.0 %
“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 Quesnel:
55.0 %
“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 Quesnel:
55.0 %
“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 Quesnel:
55.0 %
“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 Quesnel:
55.0 %
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...