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A picture of the Village of Alert Bay.

Alert Bay

Lending guidelines for Alert Bay, British Columbia

Our Maximum Loan To Value
50.0%
2021 Population
449
Land Area
1.69 Km²
2016 > 2021 Growth
-6.0%
About

Alert Bay is a municipality located in Mount Waddington Regional District in British Columbia. The population is 449, and the area is 1.69 km². Alert Bay is a municipality located in Mount Waddington Regional District on the small island of Cormorant in British Columbia. The population is 449, and the area is 1.69 km². With a long history and deep roots of the aboriginal territory, their nations make up 50% of the town. Alerta Bay, although not large, has many amenities the residence relies on like a grocery store, credit union, hospital and more. Two Elementary Schools provide education for children grades kindergarten – grade 7, the high school students utilize a water taxi to the nearby secondary school in Port McNeil. When touring around Alert Bay, you probably want to do so by vehicle as the island is very hilly. Within the U’mista Cultural Centre, connected to Alert Bay via boardwalk, victors will enjoy 16 kms of walking/hiking and biking trails. Keep an eye out for Culturally Modified Trees. For centuries, Nations have stripped the bark of cedar trees to make baskets, fishing nets, rope and clothing. Take in the carefully handcrafted and detail-oriented art of the local first nations. Their art is known and appreciated worldwide. Often victors are amazed and speechless when they are lucky enough to witness the ocean animals of Cormorant Island. Salmon, dolphins and whales, all share the ocean that they take home in the bays alongside the island. During the 1970s Alert Bay was a booming fishing and logging town with fleets of ships in the town's harbor. Today, because of overfishing, the salmon runs are nowhere near the size they used to be. High water levels behind the makeshift dams drowned many trees, leaving a forest of dead standing wood. Which allowed fires to spread rapidly causing even more harm. The people of Alert Bay recognize their mistakes and try to improve systems to better the future of this close-knit community.

Tekamar Mortgage Fund will lend on first and second mortgages here. On the right file, we will do anything from debt consolidations and poor credit to purchases and refinances here along with all other products listed on the mortgage products page. We will lend up to 50.0% in the Village of Alert Bay.