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Investment Property Loans in Boca Raton, Florida - Rental & DSCR Financing

As an experienced mortgage loan officer serving Boca Raton and Palm Beach County, I specialize in investment property loans florida for local homebuyers. Whether you're considering homes in East Boca, West Boca, Mizner Park, or other Boca Raton neighborhoods, our loan programs are tailored to the local market.

Why Choose Investment property in Boca Raton?

Boca Raton's real estate market in Palm Beach County offers unique opportunities for homebuyers. With a median home price of $$575,000, our investment property loans florida programs help make homeownership accessible.

  1. DSCR loans qualify based on property income, not personal income - loans qualify based on property income, not personal income
  2. No tax returns required for many investor programs - tax returns required for many investor programs
  3. Finance multiple properties with portfolio lending - multiple properties with portfolio lending
  4. Cash-out refinancing to fund additional investments - refinancing to fund additional investments
  5. 30-year fixed or interest-only options available - fixed or interest-only options available
  6. Experience real estate investor specialist - real estate investor specialist
Whether you're looking in popular Boca Raton neighborhoods like East Boca, West Boca, Mizner Park, our team has the local expertise to guide you through the investment property loans florida process.

Investment property Requirements in Boca Raton

Understanding eligibility requirements helps Boca Raton homebuyers prepare for success. Here's what you need to qualify in Palm Beach County:

| Requirement | Details | |-------------|---------| | Min Credit Score | 620+ for conventional, 640+ for DSCR | | Down Payment | 15-25% minimum for investment properties | | D S C R | 1.0+ (property income covers mortgage payment) | | Property Type | Single-family rentals, multi-family (2-4 units), condos | | Experience | No investor experience required for DSCR loans |

These requirements apply to Boca Raton and throughout Palm Beach County. Your individual situation may qualify for exceptions or special programs.

Required Documents for Boca Raton Homebuyers

When applying for investment property loans florida in Boca Raton, you'll need to provide:

  1. Purchase contract or refinance details
  2. Rental income documentation or lease agreements
  3. Property tax bills
  4. Homeowners insurance information
  5. Personal bank statements (2 months)
  6. Asset documentation
  7. Photo identification
  8. For DSCR: Appraisal with rental income estimate
We help Boca Raton and Palm Beach County borrowers gather and organize all necessary documentation efficiently.

Boca Raton Investment Loan Timeline

Here's what to expect when getting investment property loans florida in Boca Raton:

| Stage | Timeline | |-------|----------| | Pre Qualification | 24-48 hours | | Appraisal | 7-14 days | | Processing | 14-21 days | | Closing | 30-45 days total |

Timeline may vary for Boca Raton properties based on market conditions in Palm Beach County. We work efficiently to meet your deadlines.

Current Investment Rates in Boca Raton

Typical Rate Range: 7.0% - 8.5% APR

Investment property rates are typically 0.5-1.5% higher than primary residence rates. Varies by credit, LTV, and property type.

Boca Raton homebuyers should contact us for current rates specific to their situation in Palm Beach County. Rates change daily based on market conditions.

Boca Raton Real Estate Market Insights

Market Overview: - Median Home Price: $$575,000 - County: Palm Beach County - Population: 97,422 - Popular Neighborhoods: East Boca, West Boca, Mizner Park, Royal Palm, Broken Sound Market Characteristics: Affluent community with luxury homes, golf communities, and high-end shopping. Strong schools and family focus.

Our local expertise in Boca Raton and Palm Beach County helps you navigate the market and secure the best investment property loans florida terms for your situation.

NMLS & Licensing Information

Louis Doherty NMLS #60093 | Edge Home Finance Corporation NMLS #891464

Licensed mortgage loan officer serving Boca Raton, Palm Beach County, and all of Florida. Equal Housing Opportunity Lender.

All loans subject to underwriting approval. Rates, fees, and programs subject to change. This is not a commitment to lend.

Ready to Get Started with Investment property in Boca Raton?

Contact Louis Doherty today for expert mortgage guidance in Palm Beach County.

Frequently Asked Questions About Investment property loans Florida in Boca Raton

DSCR (Debt Service Coverage Ratio) loans qualify you based on the rental income the property generates, not your personal income. Ideal for Boca Raton investors with multiple properties or self-employed borrowers. No tax returns required.

Investment properties in Boca Raton typically require 15-25% down payment. DSCR loans often require 20-25% down, while conventional investment loans may accept 15-20% with strong credit.

Yes, portfolio lending solutions allow you to finance multiple investment properties in Palm Beach County. We specialize in helping real estate investors build rental portfolios throughout Boca Raton and South Florida.

Investment property loans typically require 620+ credit for conventional loans or 640+ for DSCR loans in Boca Raton. Higher scores qualify for better rates and terms.

Yes, DSCR loans use the property's rental income to qualify. The rent must cover 100%+ of the mortgage payment (DSCR of 1.0+). We help Boca Raton investors maximize rental income for qualification.

Yes, we offer fix and flip financing for investors in Boca Raton and throughout Palm Beach County. Short-term loans available for property rehabilitation and quick resale.