Valemount

Let’s talk about Valemount, British Columbia—a little mountain gem that’s quietly carving out its own space in the world of real estate and lifestyle appeal. Nestled in the Robson Valley with the jaw-dropping backdrop of Mount Robson, this town of just over 1,000 souls isn’t your typical mortgage market. But that’s exactly why we at Tekamar Mortgage Fund are paying attention. With our tagline, “We’ll lend where other MICs won’t,” we’re drawn to places like Valemount, where unique opportunities meet stunning scenery.

What makes Valemount stand out? For starters, it’s a haven for outdoor enthusiasts and retirees alike. Think endless hiking, snowmobiling, and fishing—plus, it’s home to the annual Valemount Days festival, a community event that pulls everyone together for a weekend of fun. That lifestyle appeal translates to real estate potential. Properties here, especially single-detached homes which dominate the market, often attract buyers looking for a slower pace or a vacation escape. For mortgage brokers, this means deals with buyers who might not fit the cookie-cutter bank profile but have solid equity to work with. And for borrowers, if you’ve got a property in mind here, know that we’re open to creative financing at a max LTV of 55%—well below the riskier thresholds of bigger cities.

Now, let’s get real about the market dynamics. Valemount’s economy leans heavily on tourism and seasonal industries like accommodation and food services. That’s great for local charm but can mean inconsistent income for some residents. As a lender, we’ve got to factor in that resale risk—how long might it take to move a property if things go sideways? In a small market like this, it’s not as quick as Kelowna or Vernon. That’s why we cap our loan-to-value ratio conservatively and dig deep into the exit strategy for every deal. Brokers, when you bring us a file from Valemount, let’s chat early about how your client plans to refinance or sell down the line. Borrowers, we’re here to help with equity lending or credit repair, but we’ll need to see a clear path forward.

Another angle worth noting is the housing mix. With a big chunk of homes being movable dwellings, there’s a unique flavor to the real estate scene here—think cabins or mobile homes that cater to seasonal residents or budget-conscious buyers. It’s not cookie-cutter suburbia, and that’s a good thing. It means there’s room for alternative financing solutions, especially for folks who might not qualify under strict bank rules. For us at Tekamar, that’s our sweet spot. We’re not chasing commercial or multi-family deals; we’re looking for those one-off properties where equity tells a stronger story than income.

So, why should Valemount be on your radar? It’s not just about the postcard-perfect views from the Canoe River. It’s a place where small-town charm meets untapped potential—perfect for the right borrower or broker looking to think outside the box. If you’re a broker with a deal in this neck of the woods, give us a call to see if it fits our niche. And if you’re a borrower dreaming of a mountain escape, let’s talk about how we can make it work with a safe, sensible approach. At Tekamar, we’re all about finding value where others might not even look.