Standard Product Info: ## "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...
Max Loan To Value:
70%
Details
2021 Population
8,275
9.4% growth
Tim Hortons?
1 location
Nearest Costco
196 km
away
Has a Hospital?
Yep!
Stop Lights?
7 intersections
(
Show on Map
)
Median Household Income
$96,000
Land Area
41.28 Km²
200.5 people/km²
Employment Rate
65.5%
Avg Commute
14 min
Revelstoke sits where the Columbia River cuts through the Selkirk Mountains, creating one of those rare mountain towns where the skiing actually lives up to the hype. The numbers don’t lie—Revelstoke Mountain Resort gets an average of 40 feet of snow annually, making it a powder magnet for skiers who’ve grown tired of crowded Whistler runs.
This isn’t just a winter playground though. Summer brings mountain bikers tackling the resort’s lift-accessed trails, while the Columbia River provides everything from gentle float trips to serious whitewater. Mount Revelstoke National Park starts practically at the town’s doorstep, offering hiking trails that range from family-friendly walks to alpine scrambles that’ll test your lungs.
The railway heritage runs deep here. Revelstoke grew up as a Canadian Pacific Railway divisional point, and you can still feel that working-town grit beneath the resort polish. The Railway Museum tells the story, but the real evidence is in the town’s practical bones—solid infrastructure, straightforward people, and businesses that cater to locals as much as tourists.
Housing reflects this dual personality. Three-quarters of homes are single-detached houses, many built to handle mountain weather and seasonal rental income. The tourism economy creates interesting opportunities—accommodation and food services employ nearly one in five workers, while construction stays busy with both new builds and renovations.
The demographics paint a picture of a community that attracts young families and outdoor professionals. Median age sits at 37.6 years, with a solid working-age population that knows how to balance mountain lifestyle with making a living. Post-secondary education rates hit 69.1%, suggesting residents who chose this place deliberately rather than just ended up here.
For mortgage brokers, Revelstoke represents the sweet spot of mountain lending—established infrastructure, diversified economy beyond just tourism, and property values supported by both lifestyle appeal and recreational demand. We lend up to 70% loan-to-value here, recognizing the town’s strong fundamentals and desirable location in BC’s mountain corridor.
2021 Population
8,275
9.4% growth
Median Age
37
Tim Hortons Per 1000 People
0.12
(1 location)
Driving Distance to
the Nearest Costco
the Nearest Costco
2 hours 29 minutes
Hospitals Per 1000 People
0.12
(1 hospital in city limits)
Traffic Lights Per 1000 People
0.85
(
7 intersections
)
Median Household Income
$96,000
Land Area
41.28 Km²
200.5 people/km²
Employment Rate
65.5%
Avg Commute
14 min
Restaurants
45 restaurants
5.44
per 1000 people
Our Mortgage Products Available in Revelstoke
| Mortgage Product Name | Max LTV | Key Notes for Revelstoke |
|---|---|---|
| Construction Mortgages | 65.0% | Standard product terms |
| Credit Repair and Debt Consolidation | 65.0% | Standard product terms |
| Variable Income | 70.0% | Standard product terms |
| Bare Land and Unique Properties | 65.0% | Standard product terms |
| Bridge Financing/Fully Open Term | 70.0% | Standard product terms |
| Commercial | 60.0% | Standard product terms |
| Development/Subdivisions | 50.0% | Standard product terms |
| Equity Lending | 55.0 % | Special LTV for this community |
| Purchases | 70.0% | Standard product terms |
Detailed Mortgage Product Information
Construction Mortgages
Maximum Loan-to-Value (LTV) for Construction Mortgages in Revelstoke:
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 Revelstoke:
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 Revelstoke:
70.0 %
“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 Revelstoke:
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 Revelstoke:
70.0 %
“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...
Commercial
Maximum Loan-to-Value (LTV) for Commercial in Revelstoke:
60.0 %
“We need a commercial mortgage, but we’re in Fort St. James…”
Here’s the thing about being a MIC that lends in tiny towns: sometimes commercial comes with the territory. The general store that’s been there since 1952. The six-plex that passes for high-density housing in Vanderhoof. The campground that’s also someone’s retirement plan.
We’re not going to pretend we love commercial lending. We ...
Development/Subdivisions
Maximum Loan-to-Value (LTV) for Development/Subdivisions in Revelstoke:
50.0 %
“Got a client with subdivision dreams? Unfortunately we’ll probably say no…”
Look, we know you’ve got that client. The one with 5 acres in Kamloops who’s convinced they’re sitting on a goldmine once it’s subdivided. They’ve got the sketches. They’ve done the math. They just need a lender who “gets it.”
We get it. We just don’t do it anymore.
After 20 years of funding subdivisions across rura...
Equity Lending
Maximum Loan-to-Value (LTV) for Equity Lending in Revelstoke:
55.0 % Community Specific LTV
Purchases
Maximum Loan-to-Value (LTV) for Purchases in Revelstoke:
70.0 %
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...