Tumbler Ridge sits in the foothills of the Rocky Mountains, where dinosaur footprints tell stories older than coal mines and newer than tomorrow’s wind turbines. This town of 2,400 knows something about reinvention—when the coal industry shuttered in 2016, residents didn’t pack up and leave. They doubled down on what makes this place special: UNESCO Global Geopark status that draws paleontologists and adventure seekers to discover 100-million-year-old dinosaur tracks frozen in stone.
The numbers tell their own story. With a median household income of $101,000 and 69% of homes being single-detached houses, Tumbler Ridge attracts families who want space without sacrificing earning potential. Mining still drives 37% of employment, but wind energy projects and eco-tourism are gaining ground faster than a snowmobile on fresh powder.
Speaking of snow, this is Zone 3b territory where winter isn’t a season—it’s a lifestyle. The community built Canada’s first municipal wind farm and hosts the World Snowmobile Invasion, because when life gives you eight months of winter, you make it count. Kinuseo Falls drops 60 meters through a canyon that looks like nature’s own cathedral, and the hiking trails don’t quit until the snow gets too deep to ignore.
For mortgage brokers, Tumbler Ridge represents opportunity in transition. The 21% population growth since 2016 happened after the coal closure, proving this community’s resilience. Our 55% maximum LTV reflects both the potential and the reality of a resource town finding its footing in a changing economy. Properties here serve borrowers who chose mountains over traffic, adventure over convenience, and community over anonymity.
The town’s tagline could be “expect the unexpected”—where else do you find dinosaur bones, wind farms, and some of the province’s most spectacular waterfalls all within city limits?
the Nearest Tim Hortons
the Nearest Costco
Nearest Hospital
Our Mortgage Products Available in Tumbler Ridge
| Mortgage Product Name | Max LTV | Key Notes for Tumbler Ridge |
|---|---|---|
| Credit Repair and Debt Consolidation | 55.0% | Standard product terms |
| Variable Income | 55.0% | Standard product terms |
| Bare Land and Unique Properties | 55.0% | Standard product terms |
| Bridge Financing/Fully Open Term | 55.0% | Standard product terms |
| Equity Lending | 55.0% | Standard product terms |
| Purchases | 55.0% | Standard product terms |
Detailed Mortgage Product Information
Credit Repair and Debt Consolidation
Maximum Loan-to-Value (LTV) for Credit Repair and Debt Consolidation in Tumbler Ridge:
55.0 %
“Their credit report reads like a horror novel, but the house was just renovated and is worth a lot…”
Here’s what happens when life takes a wrong turn. A bad business venture. Workplace Injury. That divorce that dragged on for two years. Suddenly your credit score looks like a batting average and the banks won’t even return your calls.
But here’s the thing – none of that changes what your ho...
Variable Income
Maximum Loan-to-Value (LTV) for Variable Income in Tumbler Ridge:
55.0 %
“Their income is all over the map, but there’s definitely income…”
Here’s a funny thing about lending based on Line 15000 of your Notice of Assessment: It’s a neat little box to underwrite against. Works great if you’re a salaried employee. Not so great if you’re running a fishing charter in Campbell River where thres fishing season, and the rest of the year.
We get it. Income isn’t always ti...
Bare Land and Unique Properties
Maximum Loan-to-Value (LTV) for Bare Land and Unique Properties in Tumbler Ridge:
55.0 %
“The appraisal came back as ‘property type: other’…”
Here’s a truth about real estate that nobody wants to admit: not everything fits in a box. Banks have boxes. Nice, tidy boxes labeled “single family home” and “condo” and “townhouse.” Their computer systems literally don’t have a dropdown menu option for “converted church with commercial kitchen” or “geodesic dome on 40 acres.”
We’ve funded...
Bridge Financing/Fully Open Term
Maximum Loan-to-Value (LTV) for Bridge Financing/Fully Open Term in Tumbler Ridge:
55.0 %
“Subjects came off their current home last week but their new place closes Friday…”
Here’s a funny thing about bridge financing: everyone thinks it’s complicated. It’s not. Someone needs to close on their new house before their old house sells. Or their sale fell through after they removed subjects on their dream home. Or they found the perfect downsizer condo but haven’t listed the family hom...
Equity Lending
Maximum Loan-to-Value (LTV) for Equity Lending in Tumbler Ridge:
55.0 %
“They have tons of equity but don’t qualify under B20…”
Here’s the thing about equity lending: it exists because banks literally can’t do it. B20 guidelines require income verification. Full stop. No wiggle room. No common sense exceptions.
We’re provincially regulated. The funds we lend on come from individual investors, not the Bank of Canada. So when your client has 50% equity but their in...
Purchases
Maximum Loan-to-Value (LTV) for Purchases in Tumbler Ridge:
55.0 %
Moving is supposed to be exciting. New town, new job, new chapter. So why do banks act like you’re asking for their firstborn when you need a mortgage?
“You haven’t been at your new job for thre months”
“Your self-employment income doesn’t count in a new market.”
“We need to see established a year if you are part time contract - even if you’re working 40 hours under your new role”
Meanwhile...