Telkwa

I remember the first time I drove through Telkwa, BC, a small town tucked into the Bulkley Valley. It wasn’t just the stunning backdrop of the Hudson Bay Mountain that caught my eye—it was the sense of community you could almost feel in the air. This isn’t your typical stopover; Telkwa has a unique charm that makes it stand out among other small BC towns, and for mortgage brokers and borrowers, it’s a hidden gem worth exploring with a lender like Tekamar Mortgage Fund.

Let’s get to the meat of it. Telkwa, with a population just shy of 1,500, offers a lifestyle that’s hard to beat if you’re craving peace and access to nature. Think world-class fishing along the Bulkley River or hiking trails that’ll make you forget the chaos of bigger cities. Events like the Telkwa Barbecue—a local tradition—bring everyone together, reinforcing that tight-knit vibe. For borrowers looking to settle into a single-detached home (which make up nearly 90% of the housing here), this kind of community appeal can translate into long-term value. And brokers, if your clients are eyeing a quieter life with solid property marketability, Telkwa’s worth a pitch.

From a mortgage perspective, what makes Telkwa intriguing is its balance of risk and reward. At Tekamar, we’re not like most BC MICs who stick to Vancouver or the Fraser Valley. Our tagline, “We’ll lend where other MICs won’t,” isn’t just a catchy phrase—it’s our bread and butter. We’re happy to consider deals in smaller towns like Telkwa, though we cap our loan-to-value (LTV) at a conservative 45% here. Why so cautious? It’s simple: in a remote spot like this, exit strategies take longer if things go sideways. We factor in how long it might take to recover funds—think foreclosure timelines or selling a property in a less liquid market. For borrowers, this means you’ve got to bring strong equity to the table, but it also means we’re looking at your deal with a sharp eye for safety. Brokers, that’s your cue to call us early and see if the numbers align—we love working through these unique files together.

Telkwa’s economy isn’t flashy, but it’s got legs. Health care and construction lead the way, providing some stability, though it leans on nearby Smithers for bigger opportunities. That’s a heads-up for anyone considering property here—local resilience isn’t bulletproof, especially if resource industries in the region take a hit. But for retirees or families drawn to the outdoors, the lifestyle often outweighs those risks. As a lender, we see that appeal and focus on equity lending for folks who might not tick every box at a bank or credit union. Got a client with credit hiccups but solid equity? We’re all ears, as long as there’s a clear exit plan down the road.

Why Telkwa with Tekamar?

Here’s the bottom line: Telkwa offers a slice of BC that’s raw, real, and rich with potential, especially for the right borrower. We’re not chasing high-rise deals or urban sprawl at Tekamar. Our sweet spot is towns like this, where we can support unique properties or non-traditional borrowers with first and second mortgages, credit repair, or bridge loans—all while keeping principal safe for our friends-and-family investors. So, whether you’re a broker with a quirky deal or a borrower dreaming of a riverside home, give us a shout. Telkwa might just be the place, and we’re the MIC to make it happen.