# Comox, BC

> **Lending here.** Maximum LTV: 65.0%.

## Lending snapshot

Comox is a stable Vancouver Island lifestyle hub where we'll lend up to 65.0% LTV. The market isn't reliant on volatile local resource jobs; instead, it's driven by equity-rich retirees cashing out of major cities. That gives you highly predictable property values and steady demand.

## Key facts

- **Region:** Comox Valley
- **Maximum LTV:** 65.0%
- **Population:** 14,806
- **Economic score:** 6/100
- **Desirability score:** 10/100

## About Comox

### Comox Residential Mortgages

Comox is the quiet, high-end residential pocket of the Comox Valley. While Courtenay handles the big-box retail and commercial heavy lifting, Comox is basically a premium coastal suburb. The local economy runs on two steady engines: military personnel cycling through CFB Comox, and retirees cashing out of the Lower Mainland for mild winters and ocean views. For a mortgage broker, that means a local real estate market with a highly stable, predictable rhythm.

The demographic numbers show exactly who is buying here. The median age is 52, and nearly a third of the town is over 65. That keeps the official employment rate just under 50 percent, at 49.0%, but don't mistake that for economic weakness. The cash flowing through Comox is remarkably stable, anchored by healthcare professionals, public administration, and solid pensions. Add in the Comox Valley Airport connecting residents directly to Alberta, and you have an insulated local economy that we rate a 6 out of 10 on our internal economic score.

As for the housing stock, you're looking at a traditional, low-density market. Roughly 66% of the properties are single-detached homes, many carrying high waterfront premiums. Because Comox sits on a peninsula, the ocean limits how much land is actually buildable. This geographic boundary, combined with steady demand from relocating families and downsizers, keeps property values stable. There is genuine scarcity here, which keeps average days on market low and gives us a reliable exit if a file ever goes sideways.

At Tekamar, we call ourselves the MIC for towns without stoplights. Comox might have a couple of lights, but as a lender focused outside Greater Vancouver and the Fraser Valley, this is exactly the kind of market we target. We pool private capital from friends and family, so keeping that money safe is what drives every underwriting decision we make. We look hard at foreclosure timelines and average sale times before committing funds. In Comox, the underlying fundamentals give us real confidence that we can recover our capital in a worst-case scenario. We rate the town a 10 out of 10 for overall desirability, and because properties sell quickly here, our maximum LTV in Comox is **65%**.

If you have clients buying into the Comox lifestyle, we're here to look at the deals the major banks pass on. Whether your borrower needs a straightforward bridge loan while moving into a retirement property, an equity-based second mortgage, or a debt consolidation lifeline, Comox fits perfectly in our wheelhouse. It's a premium, structurally sound market, and we're ready to write deals here for the right files.

## Mortgage products available in Comox

| Product | Max LTV | Terms |
|---|---|---|
| [Bare Land and Unique Properties](/mortgage_products/bare-land-or-odd-properties.md) | 65.0% | Standard product terms |
| [Bridge Financing](/mortgage_products/bridge-financing.md) | 65.0% | Standard product terms |
| [Credit Repair and Debt Consolidation](/mortgage_products/credit-repair-and-debt-consolidation.md) | 65.0% | Standard product terms |
| [Equity Lending / Refinance](/mortgage_products/equity-lending.md) | 65.0% | Standard product terms |
| [Purchases](/mortgage_products/purchases.md) | 65.0% | Standard product terms |
| [Variable Income](/mortgage_products/variable-income.md) | 65.0% | Standard product terms |

## Frequently asked questions

### What's the max LTV in Comox, and why?

Our max LTV is capped at 65.0%. It's a highly stable, mature market, but because it is driven by retirement equity rather than high local incomes, we keep our leverage conservative.

### How does the local economy impact getting a deal approved?

The local economy is anchored by stable sectors like healthcare and public admin rather than volatile resources. This boring-but-stable economic base makes it very easy for us to approve deals because property values are secure.

### What kind of Comox file would be an automatic pass for you?

We will pass on speculative builds, house flips, or highly unusual housing types. We want solid, traditional residential housing—ideally single-family detached homes—for buyers putting down real roots.


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*Plain-markdown copy for LLM/agent use. Canonical page: https://www.bridgefort.ca/communities/comox*
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