Loan programs in Tampa
DSCR Loans in Tampa
A DSCR loan is an investment-property mortgage that qualifies you on the property’s rental income divided by its monthly payment (the debt service coverage ratio).
InvestorFix and Flip Loans in Tampa
A fix and flip loan is short-term (usually 12–18 months), interest-only financing that covers most of a distressed property’s purchase price and up to 100% of renovation costs, repaid when you sell or refinance.
InvestorDSCR Cash-Out Refinance in Tampa
A DSCR cash-out refinance replaces the loan on a rental with a larger one, sized to the property’s value and qualified on its rent, and pays you the difference in cash.
InvestorShort-Term Rental (Airbnb) DSCR Loans in Tampa
A short-term rental DSCR loan qualifies a vacation rental on its nightly-rental income, using 12 months of booking history or a third-party projection such as AirDNA, instead of a long-term lease.
Home loanBank Statement Loans in Tampa
A bank statement loan is a non-QM mortgage that calculates self-employed income from 12 or 24 months of personal or business bank deposits instead of tax returns.
Home loanFHA Loans in Tampa
An FHA loan is a government-insured mortgage that allows 3.5% down with a credit score of 580 or higher, or 10% down with a score from 500 to 579.
Home loanFirst-Time Homebuyer Loans in Tampa
First-time homebuyer loans are mortgage options with low down payments, typically 3% conventional, 3.5% FHA or $0 VA, often paired with state or local down payment assistance.
Home loanVA Loans in Tampa
A VA loan is a mortgage guaranteed by the Department of Veterans Affairs that lets eligible veterans, active-duty service members and certain surviving spouses buy with no down payment and no monthly mortgage insurance.
Home loanCondo Loans in Tampa
A condo loan is a mortgage on a unit in a condominium project, and approval depends on the building as well as the buyer.
Neighborhoods in Tampa
- Ybor City
- Hyde Park
- Seminole Heights
- South Tampa
- Channel District
Why borrowers look at Tampa
Tampa has become one of Florida's strongest job magnets, with finance, healthcare and the port driving growth around a fast-changing downtown. Ybor City and Seminole Heights mix historic bungalows and brick streets with new infill, Hyde Park and South Tampa hold upscale single-family near Bayshore Boulevard, and the Channel District stacks young professionals into waterfront condos. The housing stock ranges from 1920s craftsman homes to new high-rises, and buyers compete hardest in neighborhoods close to downtown and the water. Investors like the deep renter pool of young workers and students. Flood and storm-surge exposure around Tampa Bay means insurance homework is essential, especially near the water.
Local market snapshot: Tampa
| Median home value | $420,400City of Tampa · Source: U.S. Census Bureau, American Community Survey 5-year estimates |
|---|---|
| Median gross rent | $1,701/moCity of Tampa · Source: U.S. Census Bureau, American Community Survey 5-year estimates |
| Effective property tax rate | 0.82% (approx.)Hillsborough County, effective rate (approx.) · Source: SmartAsset, Florida Property Tax Calculator |
Homeowners insurance: Tampa Bay's storm-surge exposure makes flood insurance a common requirement near the water, and wind premiums are meaningful across the city. Elevation certificates and wind mitigation features can move the needle on quotes. Buyers should price insurance before falling in love with a waterfront listing.
Figures are the most local reliable public data available (city, then county, then statewide), each labeled above. They are context for your payment estimate, not a quote, run your scenario through our payment calculator.
Before you buy or refinance in Tampa
- Pull the Hillsborough County property tax bill early; it is part of every payment and DSCR calculation.
- Get an insurance quote before you lock a price, including wind and flood.
- For rentals, check rent comps and any local rental registration or short-term rental rules in Tampa.
- Florida charges documentary stamp tax on new mortgage notes (35¢ per $100) and a 0.2% nonrecurring intangible tax on mortgages, both paid at closing. Condo projects face extra review after the state’s post-2022 structural-safety reforms, so condo budgets and reserve studies matter to lenders.
Run the numbers
- DSCR Calculator
- Fix and Flip Profit Calculator
- Mortgage Payment Calculator
- Home Affordability Calculator
Other Florida cities
- Miami
- Fort Lauderdale
- Davie
- Hollywood
- West Palm Beach
- Orlando
- Jacksonville
- St. Petersburg
- Cape Coral
- Pembroke Pines
- Miramar
- Coral Springs
- Pompano Beach
- Plantation
- Sunrise
- Weston
- Deerfield Beach
- Lauderhill
- Margate
- Tamarac
- Cooper City
- Hialeah
- Miami Beach
- Homestead
- Coral Gables
- Doral
- Boca Raton
- Delray Beach
- Boynton Beach
- Jupiter
- Wellington
- Palm Beach Gardens
- Port St. Lucie
- Fort Myers
- Naples
- Sarasota
- Bradenton
- Lakeland
- Kissimmee
- Clearwater
- Gainesville
- Tallahassee
- Pensacola
- Daytona Beach
- Palm Bay
- Melbourne
- Ocala
- Coconut Creek
- Cutler Bay
- Palmetto Bay
- Miami Lakes
- Winter Park
- Altamonte Springs
- Sanford
- Oviedo
- Winter Garden
- Brandon
- Riverview
- Wesley Chapel
- Land O' Lakes
- North Port
- Destin
- Panama City Beach
- Fort Walton Beach
- Aventura
- Sunny Isles Beach
- North Miami
- North Miami Beach
- Pinecrest
- South Miami
- Miami Gardens
- Dania Beach
- Hallandale Beach
- Oakland Park
- Parkland
- Apopka
- Ocoee
- Maitland
- Lake Mary
- Longwood
- Winter Springs
- Casselberry
- Clermont
- Dunedin
- Largo
- Tarpon Springs
- New Port Richey
- Spring Hill
- Venice
- Estero
- Stuart
- St. Augustine
- Orange Park
- Titusville
- Cocoa
- Greenacres
- Royal Palm Beach
- Lake Worth Beach
- Lehigh Acres
- Deltona
- Alafaya
- Palm Coast
- Town 'n' Country
- Pine Hills
- The Villages
- Kendall
- Poinciana
- Palm Harbor
- Port Orange
- Fontainebleau
- Port Charlotte
- The Hammocks
- St. Cloud
- Kendale Lakes
- Tamiami
- Bonita Springs
- Pinellas Park
Neighborhoods in Tampa
FAQ
What loans can I get in Tampa, FL?
Investor loans (DSCR, fix and flip, cash-out, short-term rental) and owner-occupied home loans (bank statement, FHA, VA, conventional and more).
Who assesses property taxes in Tampa?
Hillsborough County. Lenders include those taxes in the monthly payment used to qualify you.