Revelstoke

Let’s talk about Revelstoke, British Columbia—a place that’s got more going for it than just epic powder days and postcard-worthy views. Nestled in the heart of the Selkirk and Monashee Mountains, this small town of just over 8,000 people punches way above its weight when it comes to lifestyle and real estate potential. If you’re a mortgage broker scouting unique markets for clients, or a borrower dreaming of a mountain escape with equity to leverage, Revelstoke might just be your sweet spot. And at Tekamar Mortgage Fund, we’re ready to help make those deals happen.

What sets Revelstoke apart from other BC communities isn’t just the world-class skiing at Revelstoke Mountain Resort—though, let’s be honest, that’s a huge draw. It’s the blend of raw, rugged nature with a surprisingly vibrant downtown that keeps this town buzzing year-round. You’ve got access to Mount Revelstoke National Park right on your doorstep, offering trails and views that’ll make you forget any city stress. But it’s not all wilderness; the local scene, with spots like the Revelstoke Railway Museum, gives a nod to its gritty, historic roots as a rail hub. This mix of outdoor adventure and small-town charm creates a real estate market with serious appeal for lifestyle buyers and investors alike.

From a lending perspective, Revelstoke’s got some intriguing dynamics. The housing stock here leans heavily toward single-detached homes—over 75% of properties—which means plenty of opportunities for borrowers looking to tap into equity for renovations or debt consolidation. But here’s the catch: with a tourism-driven economy (think 18% of jobs tied to accommodation and food services), income stability can be a concern. That’s where Tekamar steps in. We’re not scared off by smaller markets like this. With a maximum loan-to-value (LTV) of 65% in Revelstoke, we’re cautious but open to deals that make sense—especially for equity lending where traditional banks might say no due to income or credit hiccups. Brokers, if you’ve got a client with a solid property but a less-than-perfect financial picture, give us a call. Borrowers, if you’re sitting on equity in a Revelstoke home, we’re here to talk options.

Our niche at Tekamar is lending where other MICs won’t. We skip the Vancouver and Fraser Valley hype and focus on towns like Revelstoke—places with character and potential, even if they don’t have a stoplight on every corner. We keep our lending safe with low LTVs (targeting 60% in most spots, 65% here), ensuring we can exit cleanly if things go south. That’s peace of mind for us, and for you, whether you’re a broker submitting a deal or a borrower needing a creative solution. We’re all about first and second mortgages, bridge loans, and odd properties—just don’t ask us for commercial or multi-family files.

Revelstoke’s economy isn’t perfect. A 10% unemployment rate raises an eyebrow, and median incomes aren’t sky-high. But the town’s desirability—fueled by tourism and a growing reputation as an outdoor mecca—keeps property values interesting. For brokers, that means deals with upside potential if you can structure them right. For borrowers, it means a chance to build equity in a market that’s not yet overcooked like some bigger BC cities.

So, whether you’re eyeing a cozy cabin near the Columbia River or just curious about financing in a town like this, Revelstoke is worth a look. At Tekamar, we’re not just another MIC—we’re your partner for the road less traveled. Got a deal in mind? Let’s chat.