A picture of the District municipality of Sparwood.


Lending guidelines for Sparwood, British Columbia

Our Maximum Loan To Value
2021 Population
Land Area
191.3 KmĀ²
2016 > 2021 Growth

Welcome to Sparwood, a vibrant municipality located in the East Kootenay region of British Columbia. Our picturesque community is nestled in the Rocky Mountains and boasts a population of over 4,100 residents. Sparwood is proud to offer a wide variety of amenities and activities for residents and visitors to enjoy. With 19.1 square kilometers of land to explore, there are endless opportunities for outdoor adventure. Sparwood once was just a stop on the railway where trees were picked up and shipped to the Coast for manufacturing spars for ocean vessels. Eventually with the railway and the developing coal mines in the area, Sparwood became a known town to many. The municipality carried son as a blue collar working town with many community events and celebrations. If you would like to learn more, visit the Sparwood Museum. The Elk River flows through town and it is known for world-class river fishing, the ElK Valley is also known as one of the greatest hunting areas in North America. With the Rocky Mountains on either side, locals and visitors flee to the mountains for snowmobiling in the areas of Elk Valley is Coal Creek. Only thirty minutes from Sparwood is Fernie Alpine Resort, along with backcountry and cross country skiing in popular in the area. Our close proximity to world-class ski hills and major urban centres makes Sparwood the perfect place to call home. Thanks for choosing Sparwood!

Tekamar Mortgage Fund will lend in Sparwood. 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. Our maximum loan to value in the District municipality of Sparwood is 65.0%.