# Kamloops, BC

> **Lending here.** Maximum LTV: 70.0%.

## Lending snapshot

Kamloops is a self-sufficient regional hub, not some volatile resource town. We can go up to 70.0% LTV here because the economy is highly diversified and the real estate market is incredibly stable. It’s a liquid market with a predictable resale environment, making for an easy exit strategy.

## Key facts

- **Region:** Thompson-Nicola
- **Maximum LTV:** 70.0%
- **Population:** 97,902
- **Economic score:** 7/100
- **Desirability score:** 9/100

## About Kamloops

### Kamloops Market Analysis

Kamloops is a practical, highly diversified hub situated where the North and South Thompson rivers meet and the Coquihalla and Trans-Canada highways intersect. With a population of 97,902—reflecting a steady 8.4% growth rate since 2016—this is a stable interior market. It avoids the volatile cycles of typical resource towns because of its broad economic base. This resilience is why we class it in our top lending tier, offering up to a **70.0%** loan-to-value (LTV) on residential files.

Our underwriting relies heavily on economic diversity, and Kamloops delivers. The local economy is anchored by major public institutions. Health care and social assistance lead the workforce at 15.6%, supported by Royal Inland Hospital. Retail trade follows at 13.6%, and construction makes up 9.0%. Educational services, driven by Thompson Rivers University, employ 6.7%. This employment mix creates reliable, year-round housing demand from healthcare professionals, educators, and tradespeople. This stability keeps local property values predictable and ensures clear exit strategies.

From a lending perspective, the demographic fundamentals are solid. The median age is 41, and 64% of the population falls within the prime working-age bracket of 15 to 64. Infrastructure is excellent; 42.5% of residents enjoy a commute of under 15 minutes, with an overall average commute time of 20.0 minutes. This balance of lifestyle and accessibility continues to attract buyers from more expensive coastal markets.

Single-detached homes represent 50.3% of the housing stock, catering to families moving into the surrounding hillsides. Meanwhile, the university student body and workforce sustain demand for alternative housing types, with duplexes accounting for 9.6% and apartments under five storeys making up 16.5%.

We assign Kamloops a community desirability score of 9/10 and an economic score of 7/10. This is a deep market with reliable comparables and steady transaction volume. If you have clients looking for a bridge loan to secure a property in Aberdeen before their current home sells, an equity second mortgage for renovations, or debt consolidation after a life event, we want to look at it. If your Kamloops file does not fit standard bank guidelines, send it to Tekamar.

## Mortgage products available in Kamloops

| 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) | 70.0% | Standard product terms |
| [Credit Repair and Debt Consolidation](/mortgage_products/credit-repair-and-debt-consolidation.md) | 70.0% | Standard product terms |
| [Equity Lending / Refinance](/mortgage_products/equity-lending.md) | 70.0% | Standard product terms |
| [Purchases](/mortgage_products/purchases.md) | 70.0% | Standard product terms |
| [Variable Income](/mortgage_products/variable-income.md) | 70.0% | Standard product terms |

## Frequently asked questions

### What's the max LTV in Kamloops and why is it set there?

We cap out at 70.0% LTV because Kamloops has proven to be a highly stable, liquid market. This predictability gives us the clear exit strategy we need to comfortably place funds.

### What's the local economy like, and how does that help get a deal done?

It's a diversified hub driven by healthcare, retail, construction, and the university, rather than a single mine or mill. This economic resilience means residents have stable jobs, translating to steady housing demand and reliable mortgages.

### What would sink a deal for you in Kamloops?

We are a safety-first lender, so any deal without a clear, predictable exit strategy will get rejected. If the property is so niche or poorly located that it won't sell in a reasonable timeframe, we won't touch it.


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