Taylor sits on the banks of the Peace River in northeastern BC, where the oil and gas boom meets small-town charm. This community of 1,300 people punches above its weight economically, with a median household income of $105,000 that reflects the resource sector wages flowing from nearby Fort St. John.
The housing market here tells an interesting story. Nearly half the dwellings are movable homes—a practical choice for workers following resource projects. The other half splits between single-family homes and smaller multi-unit buildings, creating options for both permanent residents and the transient workforce that keeps the local economy humming.
Peace Island Park anchors Taylor’s recreational appeal, offering river access and outdoor activities that draw families despite the challenging Zone 3b climate. The community’s location along the Peace River provides natural beauty, though the harsh winters and short growing season shape both lifestyle and property values.
Resource extraction dominates employment, with mining and oil and gas extraction leading at 15.1% of jobs, followed closely by construction at 14.4%. This concentration creates both opportunity and risk—incomes are strong when projects are active, but the 12.2% unemployment rate reflects the sector’s volatility.
For mortgage brokers, Taylor represents a specialized market. The combination of resource-dependent economics, climate challenges, and limited amenities means properties can take 6-9 months to sell in distressed situations. Our conservative 50% maximum LTV reflects these realities while still serving borrowers who need equity-based financing in this unique corner of BC’s energy corridor.
The community’s proximity to Fort St. John provides employment stability and services, but Taylor maintains its distinct character as a riverside town where outdoor recreation and resource industry careers intersect.
the Nearest Tim Hortons
the Nearest Costco
Local Hospital
Our Mortgage Products Available in Taylor
| Mortgage Product Name | Max LTV | Key Notes for Taylor |
|---|---|---|
| Credit Repair and Debt Consolidation | 50.0% | Standard product terms |
| Variable Income | 50.0% | Standard product terms |
| Bridge Financing/Fully Open Term | 50.0% | Standard product terms |
| Equity Lending | 50.0% | Standard product terms |
| Purchases | 50.0% | Standard product terms |
Detailed Mortgage Product Information
Credit Repair and Debt Consolidation
Maximum Loan-to-Value (LTV) for Credit Repair and Debt Consolidation in Taylor:
50.0 %
“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 Taylor:
50.0 %
“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 Taylor:
50.0 %
“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 Taylor:
50.0 %
“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 Taylor:
50.0 %
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...