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Buying an investment property

A little preparation goes a long way when buying an investment property.

How to get started

Get going with our quick guide to the main things to consider.

Step 1

Know your budget

It’s vital to set your boundaries and goals before starting your search. Think about all the costs of owning an investment property and meet with a lender to determine what you can borrow.
Step 2

Know the market

Do you want a new build with no work needed or an older place that needs some TLC? Close to amenities or more remote? Find answers to these and other important questions.
Step 3

Get pre-approved

Getting pre-approved for the amount you could borrow helps you set your target price and begin your investment property search. Pre-approval lets you lock in an interest rate while you search.
Step 4

Work with a realtor

Get help finding the best investment property for you. A realtor will be able to spot attractive properties for tenants, see red flags you might miss, and guide you through the process.
Step 5

Know the laws

If you are planning to become a landlord, it’s important to know your and your tenants’ rights and responsibilities. It’s also a good idea to talk to an accountant about any tax implications.
Step 6

Buy your property

Make your offer and get your offer accepted, before ensuring your property is acceptable to the lender. It may need an appraisal. If things go well, it’s handshakes and high fives all round.
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Get pre-approved

We understand your needs

Our local experts are here to help you through the decision-making process, give solid advice, and offer competitive mortgage rates with fast, local approvals.

  • Choose between fixed or variable interest rates—or do both
  • Flexible weekly, bi-weekly and monthly repayments
  • Chose from open or closed mortgage options

Make an appointment

Mortgage rates

Interest rates for popular mortgages

5-year fixed (closed)

5-year variable (closed)

Rates effective December 1, 2023.

All your banking needs taken care of in person

Member story

We were able to buy our dream home

“We found the perfect home for our family and Tina helped get the right mortgage that worked for our finances. They made everything so easy.”

Meet our membersTalk to a mortgage advisor

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The final step? Insure your new investment property

Our local home insurance experts can make sure you have the coverage that's right for you and your property.

  • Wide range of home insurance products
  • Protect your investment
  • Insurance agents available when you need them

See your options

Tips and advice for home owners

Buying your first home is just the start. Get to grips with some of the financial ins and outs of home ownership.

First-time buyers

Buying your first home

A step by step guide to help take the stress out of life's biggest purchase and get you into your very first home.
Renewing & refinancing

Renewing and refinancing your mortgage

Take advantage of interest rates to renew your mortgage, or refinance to remodel or purchase another property.

Reach us wherever you are

Let your fingers do the walking or come in to see us. 

Meet with an advisor

Book the day and time that suits you.

Visit a branch

We’re open between
9:30am & 4:30pm, M-F.

Send us an email

Email a specific branch or department.

Give us a call

8am-6pm, M-F,
9am-5pm, Sat.

Smithers Branch

3894 1st Avenue
PO Box 3729
Smithers, BC
V0J 2N0
250 847-3255
Hazeltons' Branch

4646 10th Avenue
PO Box 159
New Hazelton, BC
V0J 2J0
250 842-2255

Houston and District Branch

2365 Copeland Avenue
PO Box 1480
Houston, BC
V0J 1Z0
250 845-7117
Lakes District Branch

117-35 Lakeview Mall, Hwy 16
PO Box 1029
Burns Lake, BC
V0J 1E0
250 692-7761

1139 Main Street
PO Box 2380
Smithers, BC
V0J 2N0
866 811-1110

3894 1st Avenue
PO Box 3729
Smithers, BC
V0J 2N0
250 847-7936


3350 10th Street
PO Box 369
Houston, BC
V0J 1Z0
866 811-1115

2367 Copeland Avenue
PO Box 1480
Houston, BC
V0J 1Z0
250 845-7977

3872 1st Avenue
PO Box 3637
Smithers BC
V0J 2N0
250 847-7933
Member Services Contact Centre

3894 1st Avenue
Smithers BC
V0J 2N0
1 877 847-2828

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