Boca Raton is not one real estate market. It is three, stacked by geography and price. East Boca runs along the Intracoastal Waterway and the Atlantic — Royal Palm Yacht & Country Club, The Sanctuary, Coquina Cove, and oceanfront high-rises where the median luxury sale price in December 2025 reached $2,192,500 and the average price per square foot in Royal Palm alone runs $2,235. Central Boca is the cultural and commercial corridor — Mizner Park, the Alina Residences, the emerging downtown mixed-use district, and the professional ecosystem anchored by the FAU Research Park, Office Depot’s headquarters campus, and Baptist Health Boca Raton Regional Hospital. West Boca is master-planned luxury at scale — GL Homes’ Boca Bridges, Lotus Palm, and the newly opened Lotus Edge, where new construction residences are priced from $1.4 million to $3 million within communities featuring resort-style clubhouses, multiple pools, and 24/7 gated security.
What all three markets share is a price structure that has permanently crossed the conforming loan threshold. Palm Beach County’s 2026 conforming loan limit is $832,750. In Boca Raton, that number is the entry point — not the ceiling. Sixty-six percent of Boca Raton condo sales and 56% of single-family sales in 2024 were all-cash, according to market data. The buyers who do finance are disproportionately in Jumbo territory, and the buyers financing at the upper end of the market require programs that most lenders are not structured to handle.
Ryan Lehrman, NMLS #235295, builds mortgage financing strategies for Boca Raton buyers whose profiles match this market: executives at Office Depot and Boca’s growing tech and biotech sector, physicians and specialists at Baptist Health Boca Raton Regional Hospital and the FAU Research Park health corridor, families building in West Boca’s active GL Homes communities, and wealth-migration buyers from the Northeast who are establishing permanent Florida residences in one of Palm Beach County’s most enduringly desirable cities.
Jumbo and Super-Jumbo programs for Boca Raton's full upper-tier market — Royal Palm Yacht & Country Club, The Sanctuary, Boca Bridges, Lotus Edge, and the Intracoastal corridor
Deep familiarity with Palm Beach County's three-market structure and what each neighborhood requires from a financing standpoint
Physician mortgage loans for residents, fellows, and attending physicians at Baptist Health Boca Raton Regional Hospital, the FAU Research Park health corridor, and affiliated practices
One-Time Close Construction financing for GL Homes communities, custom estate builds, and teardown projects in East Boca's established waterfront neighborhoods
Alternative income documentation for buyers whose compensation includes equity, business distributions, or investment returns
Responsive, direct service — Ryan Lehrman handles the relationship, not a processor pool
Ryan Lehrman, NMLS #235295
The 2026 conforming loan limit for Palm Beach County is $832,750. In Boca Raton’s West Boca new construction communities, a mid-range Lotus Edge home is priced at $1.5 million. In Central Boca, a two-bedroom Alina Residences condominium starts well above that threshold. In East Boca, nothing in Royal Palm Yacht & Country Club or The Sanctuary is a conventional transaction. Jumbo financing in Boca Raton is not an edge case — it is the standard program for buyers who are serious about the neighborhoods that make this city worth living in.
Ryan Lehrman structures Jumbo programs through $3 million for Boca buyers across all three market tiers, with documentation pathways for W-2 earners, business owners, equity compensation recipients, and investment-income buyers.
Royal Palm Yacht & Country Club — Boca Raton’s most prestigious community — carries a current median listing price of $11.97 million and an average price per square foot of $2,235. Homes here sit on the Intracoastal Waterway with private dockage on the Jack Nicklaus Signature golf course; the club’s membership is separate from home ownership and requires its own approval process. The Sanctuary, Boca’s premier gated waterfront community, trades between $3 million and $15 million for canal and Intracoastal estates. Le Lac and select Bel Marra properties represent a quieter tier of gated waterfront luxury in the $3 million to $8 million range.
At this level, financing requires programs designed for asset-based income, portfolio wealth, and business owner documentation — not standard W-2 underwriting. Ryan structures Super-Jumbo programs with loan amounts to $10 million and beyond for Boca Raton’s upper-tier waterfront market.
Baptist Health Boca Raton Regional Hospital is a 400-bed advanced tertiary medical center with more than 800 primary and specialty physicians on staff. It is a Comprehensive Stroke Center, a recognized leader in cardiovascular care, oncology, neurosciences, and orthopedics, and part of the Baptist Health South Florida system — 12 hospitals, more than 4,500 physicians, and 200-plus outpatient centers across Miami-Dade, Broward, and Palm Beach counties. The FAU Research Park’s 308,000-square-foot tech and health innovation hub — now anchored by Baptist Health as a tenant — is creating a growing physician and health technology professional workforce in North Boca. ModMed, the Boca-based health tech company recently valued at $5.3 billion following a Clearlake Capital acquisition, and BioStem Technologies, which purchased a four-acre parcel at FAU Research Park in late 2025, add a health technology and life sciences employment layer that draws clinically trained professionals alongside the hospital system.
Physician mortgage loans eliminate the standard barriers — PMI, student loan debt penalties, income history requirements — that prevent physicians from purchasing homes in Boca Raton at the level their career supports. In a market where quality single-family homes in physician-preferred communities begin at $800,000 and the West Boca new construction communities that many physician families choose start above $1.4 million, having the right program is meaningful.
West Boca’s GL Homes corridor is one of the most active luxury new construction markets in Palm Beach County. Boca Bridges — 500-plus luxury homes with floor plans from 2,561 to 8,101 square feet in a resort-style gated community — established the template that Lotus Palm and Lotus Edge have extended. Lotus Edge, GL Homes’ newest and most amenity-rich West Boca community near Glades Road and Lyons Road, offers homes from $1.4 million to $3 million in a fully contemporary design. Royal Palm Polo and Berkeley represent the structured builder community tier for buyers seeking a more estate-scale product with larger homesites.
In East Boca, teardown-and-rebuild activity on desirable Intracoastal parcels is a consistent feature of the market. One-Time Close Construction financing consolidates the construction loan and permanent mortgage into a single closing — locking the permanent rate before construction begins and eliminating the cost and complexity of a second closing after completion.
East Boca’s waterfront neighborhoods require Super-Jumbo programs for any meaningful purchase. Royal Palm Yacht & Country Club, The Sanctuary, and the Intracoastal corridor are Jumbo at entry and Super-Jumbo at scale — and the buyers there carry financial profiles that include investment wealth, business ownership income, and assets that do not fit a standard income model. Central Boca’s professional buyer — the tech executive, the hospital administrator, the law firm partner — is typically a Jumbo borrower with W-2 income or a business ownership structure that requires thoughtful documentation. West Boca’s family buyer in Boca Bridges or Lotus Edge is often the borrower who is most surprised to find themselves in Jumbo territory — but a $1.6 million GL Homes purchase with 15% down is a $1.36 million loan, and that is firmly Jumbo.
Florida’s absence of a state income tax is a direct financial benefit for buyers relocating from Connecticut, New York, New Jersey, and Massachusetts — the primary Northeast markets that feed Palm Beach County’s wealth migration. For a household earning $400,000 annually relocating from Connecticut, the state income tax saving alone represents $25,000 to $30,000 per year. That figure is relevant in any conversation about total cost of homeownership in Boca Raton and should be part of how buyers from high-tax states think about their financing decision.
Boca Raton’s premier communities carry meaningful membership obligations that should be factored into monthly financial planning alongside the mortgage payment. Addison Reserve Country Club published a $325,000 joining fee and $41,027 in annual operating dues for Full Golf membership in 2025. Royal Palm Yacht & Country Club membership is separate from home purchase and requires its own approval. Initiation fees across Boca’s country clubs range from $0 at some communities to $400,000-plus at the most exclusive. Understanding total carrying costs — mortgage, HOA, membership dues, and Florida’s insurance environment — is part of what a Boca Raton financing conversation needs to cover.
In Palm Beach County, the 2026 conforming loan limit is $832,750. Any mortgage above that amount is a Jumbo loan. In Boca Raton, the majority of financed purchases in the city's established communities — West Boca new construction from $1.4 million, Central Boca condominiums from $850,000 and above, and virtually every East Boca waterfront transaction — require Jumbo or Super-Jumbo financing. The conforming limit marks the entry to the Boca market, not the midpoint.
Yes. Physician One-Time Close Construction programs are available for buyers building in GL Homes communities and other structured builder developments in West Boca. Physician loans eliminate PMI, use contract-based income verification, and treat student loan obligations at IBR payment amounts rather than the standard 1% of balance calculation — all of which apply in the construction loan context. A physician with a signed employment contract at Baptist Health Boca Raton Regional Hospital or an FAU Research Park-adjacent practice can begin the construction financing process before their first day of work.
Mandatory HOA fees and club dues are factored into your debt-to-income ratio in the mortgage qualification process. If a community requires mandatory membership with monthly dues — as some Boca communities do — those dues are treated as a recurring obligation alongside your mortgage payment, taxes, and insurance. Optional membership fees are generally not included in DTI unless the buyer is already committed to joining. Understanding which communities have mandatory versus optional club structures is a material part of the financing conversation for Boca buyers.
through asset depletion programs. Asset depletion converts eligible investment assets into qualifying monthly income by dividing the asset total over the loan term. For buyers who are retired, recently sold a business, or are managing income strategically, this is one of the primary qualification pathways for Boca Raton's luxury market. The specific divisor, eligible asset types, and LTV parameters vary by program — which is why the consultation conversation matters before application.
I’m here to support you every step of the way. If you’re ready to turn your home financing goals into your new reality, let’s work together.
Originally from Harrisburg, Pennsylvania, I moved to Phoenix to attend Arizona State University and have proudly called Phoenix home ever since.
My journey into the mortgage industry began with a friend’s encouragement, who saw how my energy and people-first mindset could make a difference. He was right — I found my calling.
I’ve always embraced what makes me different. With ADHD as my secret weapon, I thrive in fast-paced, detail-heavy environments. I’ve built my career on clear communication, creative problem-solving, and putting clients first, always.
Outside of work, my greatest motivation is my wife and three amazing kids. I’d be honored to help guide you through your lending journey with care, clarity, and commitment.
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