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A picture of the City of Penticton.

Penticton

Lending guidelines for Penticton, British Columbia

Our Maximum Loan To Value
70.0%
2021 Population
36,885
Land Area
43.03 Km²
2016 > 2021 Growth
9.0%
About

Penticton is a city located in the Okanagan-Similkameen region of British Columbia with a population of 36,885. It has an area of 43.03 km². Penticton is known for its hot summer weather, making it a popular destination for swimming, boating, and other outdoor activities. The name Penticton stems from an aboriginal word of the Okanagan People, meaning "a place to stay forever". We couldn't agree more! The town has a small airport with direct daily flights to Vancouver or Calgary, acres upon acres of fruit orchards, a sports complex, skating arena and so much more. There are two public boat launches, seven public beaches, skate parks, dog parks, playgrounds, and lake to lake bike routes. Navigate easily around the city by utilizing the cities fully accessible transit system. On your way into town you are greeted with the famous Penticton sign on Munson Mountain, which was erected in 1937. Penticton is served by School District #67 as well as a three other small communities on the outskirts of town. 11 elementary schools, four middle schools and three high schools make up the district. Penticton is a great place to raise a family or enjoy your retirement.

Tekamar Mortgage Fund will lend in Penticton. Depending on borrower strength and property marketability, all of our mortgage products (refinances, purchase, debt consolidation etc.) are available here. You can see them on our mortgage products page. The most we will lend to in Penticton is 70.0%.