Mortgage Broker in Loxahatchee Groves, FL

Short answer

The median house in the Town of Loxahatchee Groves sold for $687,763 in Q3 2026, on just 8 sales, and most homes sit on 5 acres or more with a private well and septic tank. QMS Lending is an independent mortgage broker that matches acreage homes to the 100+ lenders whose appraisal and property rules fit rural land, from FHA and conventional to jumbo and construction loans.

What homes cost in Loxahatchee Groves

Only 8 single-family homes closed in the Town of Loxahatchee Groves in Q3 2026, at a median of $687,763, down 30.4% from a year earlier, per Florida Realtors data published by MIAMI REALTORS (as of November 2026). The average sale was $843,191. With so few sales, one large estate or one small cottage swings the median hard. Read it as a range marker.

The market was slow. The median home took 123 days to go under contract, sellers got 86.8% of original list price, and there were 28 active listings, or 9.9 months of supply. The Palm Beach County single-family median was $655,000, with 3.6 months of supply and 41 days to contract.

Half the buyers (4 of 8) paid cash. No townhouses or condos sold in the town in Q3 2026; the housing stock is almost entirely detached homes on acreage.

The town was created by a 2006 local act (HB 951) after a referendum on October 10, 2006, covering about 8,148 acres and roughly 3,120 residents at the time. Its charter states the goal to "preserve and protect the distinctive rural characteristics of the community." That rural rule shapes every loan here.

Five-acre zoning and what lenders see

Most of the town is zoned Agricultural Residential (AR) under the town's Unified Land Development Code. Section 20-025 says a plot may not be developed for a home unless it has five or more acres and at least 200 feet of frontage and depth. Older plots of record that are smaller can still be built on. AR also caps plot coverage at 15% and requires 70% pervious area, with setbacks of 50 feet front and 25 feet side and rear (as of November 2026).

For a lender, the issue is not the zoning name. It is whether the property is a home first. Standard residential loans are built for a house on its land; a parcel run as a working farm, nursery or boarding business may need a different loan.

• Comparable sales: with 8 sales in a quarter, the appraiser may pull comps from Loxahatchee, The Acreage or Wellington and adjust for acreage.
• Access: many roads are unpaved. Lenders want legal, year-round access; a property survey and title work confirm the easement.

Well, septic and dirt roads

Most Loxahatchee Groves homes use a private well and a septic system, and the Loxahatchee Groves Water Control District, now a dependent district of the town, maintains about 30 miles of canals and 29 miles of unpaved roads across roughly 8,000 acres (as of November 2026). Plan for these items before you sign a contract:

• Well water test: FHA no longer requires automatic testing, but a lender may still ask for it, and testing is required when contamination is suspected or the home relies on a purification system. The Florida Department of Health says every well should be tested yearly for bacteria and that buyers should test as part of the home inspection.
• Well distance: HUD's minimum distances for new construction are 50 feet from a well to a septic tank and 100 feet to a drainfield. For existing homes, a locality's less strict rule may apply if the lender documents it.
• Septic: since July 1, 2021 the Florida Department of Environmental Protection oversees septic rules, while the county health office still permits and inspects systems. Ask the seller for permits and pump records, and budget for a septic inspection.

USDA, FHA, conventional or jumbo

At the Q3 2026 median of $687,763 (as of November 2026), a Loxahatchee Groves home sits just above the Palm Beach County FHA one-unit limit of $667,000 and well under the 2026 conforming limit of $832,750.

• USDA: Loxahatchee Groves is rural in character, but USDA eligibility is set by USDA's own map, not by zoning or lot size. We did not confirm the town's status. Check the address on the USDA eligibility site and confirm household income limits before you count on it.
• FHA, 3.5% down: on $687,763, that is $24,072 down and a base loan of $663,691, just under the $667,000 limit. Above about $691,000, a 3.5% FHA loan no longer fits and you need more down or another program.
• Conventional: 5% down is $34,388 and a $653,375 loan. 20% down ($137,553) avoids mortgage insurance.
• Jumbo: with 20% down, any price above $1,040,938 pushes the loan over $832,750.
• VA: VA-backed loans can work on acreage if the home is the main use; ask about the property early.

All options are subject to credit approval and appraisal. Rates vary daily; call 305-425-1990 for today's pricing.

Building or rebuilding on your land

Many buyers here want land first and the house later, or an older home they plan to replace. A construction loan can fund a new home on a lot you own or are buying, subject to plans, a licensed builder and an "as-completed" appraisal.

• Check the AR setbacks (50 feet front, 25 feet side and rear) and the 15% coverage cap before you design.
• Budget for a new well and septic permit on raw land; the lender will want them approved before the final draw.

Property taxes and agricultural classification

The Loxahatchee Groves district total was 19.5216 mills in 2025 (code 41486), about 1.95% of taxable value, per the Palm Beach County Property Appraiser. Adding the 2026 proposed rates (town 3.2564, county 4.5000 plus 0.0210 debt, fire-rescue 3.4581, library 0.5491, schools 3.2480 and 3.0390, Children's Services 0.4908, Health Care District 0.6561, SFWMD 0.2301 combined, FIND 0.0270) gives about 19.48 mills (as of November 2026).

Example: on a $687,763 home with no exemptions, 19.4756 mills is about $13,395 a year. A homesteaded owner gets a $25,000 exemption on the first $50,000 of value plus an additional exemption on non-school taxes ($25,722 maximum in 2025), which brings the estimate to roughly $12,570. Water control district and solid waste charges are billed separately as non-ad valorem assessments; check the TRIM notice.

Land used for a bona fide commercial farm can get agricultural classification under F.S. 193.461 and be assessed on its use, not market value. Apply between January 1 and March 1. Your lender escrows the actual bill, not the ag rate you hope to get, so qualify on the current tax.

Flood zones and down payment help

Loxahatchee Groves is flat and crossed by canals. Palm Beach County's updated FEMA maps took effect December 20, 2024, adding thousands of residents to high-risk zones countywide. Look up the exact parcel on the FEMA Flood Map Service Center; if the home is in a special flood hazard area, the lender requires flood insurance and an elevation certificate helps price it. Loxahatchee Groves is not listed in the county's Community Rating System table, so do not assume a CRS discount.

Down payment programs (as of November 2026):

• Palm Beach County SHIP: up to $100,000 as a 0% deferred loan, forgiven after 30 years, but the price cap is $568,557, below the town's median, and the last round reached its application limit.
• Homebuyer Match Pilot: dollar-for-dollar up to $50,000 on at least $10,000 of your own cash, homes up to $700,000. The 2026 window (March 30 to April 20) is closed.
• Florida Hometown Heroes: up to 5% of the first mortgage ($10,000 to $35,000) for eligible first-time buyers working full time for a Florida employer; check current funding.

Working with QMS Lending in Loxahatchee Groves

QMS Lending is an independent mortgage broker in Miami, FL, founded in 2018 (NMLS #1781090), led by President Michael Fernandez (NMLS #1491775). We compare 100+ lenders, which matters on acreage: some lenders cap land value or acreage and others do not. We are rated 4.9 stars on 200+ Google reviews and work in English and Spanish.

Send us the parcel ID, acreage, well and septic details and any farm income before you write an offer. We will tell you which programs fit and which lenders take this kind of land. Call 305-425-1990. Our office is at 3105 NW 107th Ave Ste 400-O6, Doral, FL 33172.

Down payment help for Loxahatchee Groves buyers

• Palm Beach County SHIP Purchase Assistance Up to $100,000, 0% deferred, forgiven after 30 years; max price $568,557; income up to 140% AMI ($114,660 for 1, $163,660 for 4). Application limit reached. 561-233-3600. ↗
• Palm Beach County Homebuyer Match Pilot Match up to $50,000 on at least $10,000 buyer cash; homes up to $700,000. 2026 window closed April 20, 2026. ↗
• Florida Hometown Heroes Up to 5% of the first mortgage ($10,000 to $35,000), 0% deferred second mortgage, for eligible first-time buyers. ↗
• USDA property eligibility lookup Check the exact address; eligibility for Loxahatchee Groves was not verified here. ↗

Nearby cities

Royal Palm BeachWellingtonWest Palm BeachGreenacres