Telkwa sits where the Telkwa River meets the Bulkley, creating one of those rare small towns that actually delivers on its outdoor promises. With world-class steelhead and salmon fishing literally at your doorstep, this isn’t just another “gateway to adventure” community — it’s the real deal.
The numbers tell an interesting story: 1,474 residents enjoying a median household income of $101,000, which is surprisingly robust for a town this size. That 11% population growth since 2016 suggests people are discovering what locals already know. The housing market reflects classic small-town BC stability, with 88% single-family homes creating the kind of consistent property base that makes lending decisions straightforward.
Healthcare and construction lead the local economy, accounting for nearly 28% of employment between them. This isn’t a one-industry town waiting for the next boom-bust cycle. The presence of strong healthcare employment indicates regional service importance, while construction suggests ongoing development activity.
Climate change has been unexpectedly kind to Telkwa — the growing zone improved by a full hardiness zone over recent decades, extending the growing season and making the area more attractive for both agriculture and lifestyle properties. That’s not something you see everywhere in northern BC.
The famous Telkwa Barbecue draws thousands annually, but it’s the everyday lifestyle that keeps people here. Fishing guides, outdoor enthusiasts, and retirees seeking mountain views without city prices find exactly what they’re looking for. Property values remain reasonable while offering genuine recreational access that urban buyers pay premium prices to visit occasionally.
For mortgage brokers working with clients who prioritize lifestyle over urban amenities, Telkwa represents solid fundamentals in a genuinely desirable location. We lend here with a 45% maximum LTV, reflecting the community’s smaller size while recognizing its authentic recreational appeal and stable economic base.
Mortgage Product Name | Max LTV | Key Notes for Telkwa |
---|---|---|
Construction Mortgages | 45.0% | Standard product terms |
Bridge Financing/Fully Open Term | 45.0% | Standard product terms |
Equity Lending | 45.0% | Standard product terms |
Purchases | 45.0% | Standard product terms |
Maximum Loan-to-Value (LTV) for Construction Mortgages in Telkwa:
45.0 %
“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 ...
Maximum Loan-to-Value (LTV) for Bridge Financing/Fully Open Term in Telkwa:
45.0 %
“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...
Maximum Loan-to-Value (LTV) for Equity Lending in Telkwa:
45.0 %
“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...
Maximum Loan-to-Value (LTV) for Purchases in Telkwa:
45.0 %
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...