West Kelowna

Let’s talk about West Kelowna, British Columbia—a place that’s quietly stealing the spotlight in the Okanagan Valley. Nestled on the western shore of Okanagan Lake, this community offers a blend of small-town charm and big-time potential for anyone in the real estate or mortgage game. Whether you’re a borrower hunting for a unique property or a mortgage broker scouting for a lender who gets the area, West Kelowna has a story worth hearing.

What sets West Kelowna apart from other BC spots? For starters, it’s got lifestyle appeal in spades. Think stunning lake views, rolling vineyards, and access to outdoor gems like skiing at Crystal Mountain or golfing at world-class courses. The climate here is a winner too—mild enough for a long growing season, which isn’t just great for agriculture but also means you’re not shoveling snow half the year. It’s no surprise that retirees and young families alike are drawn to this area, creating a steady demand for housing that’s hard to ignore. For borrowers, that means properties with resale value; for brokers, it’s a market with legs.

From a mortgage perspective, West Kelowna checks a lot of boxes. At Tekamar Mortgage Fund, we’re thrilled to lend here with a maximum loan-to-value (LTV) of 70%. That’s our ceiling, not our starting point—we adjust based on the deal, whether it’s a second mortgage or bare land. Our focus is equity lending, especially for folks who might not tick every box for traditional bank financing but have a solid exit strategy in sight. If you’re a borrower with a unique situation, like a credit hiccup or an odd property, we’re the kind of MIC that listens. And brokers? Give us a quick call to see if your client’s deal fits—we’re all about finding solutions where others hesitate.

Here’s a little insider tip: West Kelowna’s housing market leans heavily on single-detached homes, making up a big chunk of the landscape. That’s gold for stability—these properties tend to hold value better in smaller markets compared to condo-heavy areas. But it also means you’ve got to move fast if you’re eyeing a deal. I’ve seen properties near local hotspots like the Westbank First Nation area get snapped up quicker than a bottle of Mission Hill wine at a tasting. For borrowers, that’s a nudge to get prepped with a lender like us who can act decisively. Brokers, it’s a reminder to bring us your deals early—we’re ready to roll.

Another thing I love about West Kelowna? It’s got a diverse economy. No single industry dominates, with health care, retail, and construction all playing strong roles. Add in the tourism boost from nearby Kelowna and the agricultural backbone of the region, and you’ve got a place that doesn’t crumble when one sector stumbles. That’s the kind of resilience we at Tekamar look for when assessing risk. Borrowers, it means your investment here isn’t riding on one shaky pillar. Brokers, it’s another reason to trust us with your clients’ files—we know these markets.

Bottom line, West Kelowna is a hidden gem for anyone in the mortgage space. With our tagline, “We’ll lend where other MICs won’t,” Tekamar is ready to partner with you in this vibrant community. Got a deal or a dream property in mind? Let’s chat and make it happen.