Tampa Bay bridge deals often turn on two things: how fast you can close, and whether the finished property can carry Florida insurance costs on a long-term loan.
In short: LendingStreet is our top pick for Tampa bridge loans. We lend $150,000 to $5M+ on 1-8 unit investment property, with rates from 7.99% and closings in as little as 10 days. That speed helps on dated block homes and storm-repair projects. We also underwrite the DSCR refinance that comes next, using your real insurance quote, so you can see whether a new roof or windows will make the exit work. Get a quote with the form below or call (877) 298-1001.
For residential investors in Tampa, LendingStreet offers bridge loans from $150,000 to $5M+ on 1-8 unit rentals and value-add properties, with rates from 7.99% and closings in as little as 10 days. The loans are short-term and interest-only, and the long-term DSCR refinance that usually follows is something we do in-house.
Tampa Bay investors use it to buy dated block homes before other buyers do, fund repairs that make a property insurable, and pay off private loans that are coming due. Get a quote with the form below or call (877) 298-1001.
If you are weighing CoreVest, Dominion Financial, Lima One and Roc Capital for a bridge loan for investors in Tampa, FL, this is the short version: LendingStreet wins the scenarios below, and you can get a quote with the form below.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Bridge loan above $3M | LendingStreet | Our bridge program runs from $150,000 to $5M+. CoreVest states single-asset bridge loans from $75K to $2M+, and Roc Capital states stabilized bridge loans up to $3,000,000. |
| Bridge close in about 10 days | LendingStreet | We can close in as little as 10 days. CoreVest states its bridge loans typically close within 2 to 4 weeks. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
Tampa Bay has grown quickly, and much of its older rental stock is 1950s to 1970s concrete block homes that need roofs, windows, electrical or plumbing before they rent well and insure at a reasonable price. Sellers of those homes often take the fastest clean offer.
Hurricanes Helene and Milton in 2024 brought storm surge and flooding to parts of the region. Some damaged homes have since come to market, and investors who buy them need short-term money for repairs before a long-term loan makes sense.
The usual choices are a local bank or credit union, a local hard money or private lender, or an investor lender like LendingStreet. Banks often want tax returns and time. Local hard money is often fast but usually ends at the short-term loan. LendingStreet gives you speed and a planned DSCR exit with one team.
| What matters on a bridge deal | LendingStreet | Typical local bank | Typical hard money or private lender |
|---|---|---|---|
| Speed to close | As little as 10 days on a clean file | Often 30 to 60 days or more | Often fast; varies by lender |
| Long-term exit | In-house DSCR refinance, up to 30 years | Separate application, if offered | Usually short-term only; you find your own exit |
| Loan size | $150,000 to $5M+ on 1-8 units | Varies; often tied to your relationship | Often smaller; varies |
| How you qualify | Built around the property and your plan | Often requires tax returns and personal income | Mostly the property; terms vary |
| LLC borrowers | Standard | Varies; sometimes limited | Usually allowed |
| Pricing | Rates from 7.99% | Varies | Fees and terms vary widely |
In Tampa, investors buy in Seminole Heights, Tampa Heights, East Tampa, Sulphur Springs, West Tampa and Town 'n' Country, and in suburbs like Brandon, Riverview and Temple Terrace. In Pinellas County, St. Petersburg, Pinellas Park and Clearwater have older block homes and small multi-unit buildings, and Pasco County adds lower-priced homes to the north.
Coastal and low-lying areas carry real flood risk. Check the FEMA map, ask for any elevation certificate and ask the seller about storm and flood history on every address.
In a mapped flood zone, communities that take part in the federal flood program generally apply a substantial improvement rule: if repair or improvement costs reach about half of the structure's value, the building may have to be brought up to current flood standards, which can mean elevating it. Ask the city or county building department how it applies before you set a rehab budget on a storm-damaged home.
Florida charges documentary stamp tax on deeds and notes and intangible tax on new mortgages, and taxes reset after a sale without homestead protections for investors. Insurance is often the biggest line in the exit payment, so get a quote, including flood, early.
This example is illustrative and not a quote. An investor buys a 1960s block home outside the mapped flood zone for $245,000 and budgets $65,000 for a roof, windows and a kitchen, for a total of $310,000. The bridge loan is $270,000, about 87.1% of cost, so the investor brings $40,000 plus closing costs.
The estimated interest-only payment is about $2,250 a month, about $13,500 over 6 months. The finished home appraises at $370,000 and rents for $2,750. A 75% LTV DSCR refinance of $277,500 pays off the bridge. Estimated principal and interest is about $1,893; with $480 in taxes and $340 in insurance, the total is about $2,713 and DSCR is about 1.01x. If the insurance quote came back at $520 instead, the payment would be about $2,893 and DSCR about 0.95x, which is why the new roof and windows matter.
| Item | Amount |
|---|---|
| Purchase price | $245,000 |
| Rehab budget | $65,000 |
| Bridge loan | $270,000 |
| Bridge loan vs. total cost | About 87.1% |
| Estimated monthly interest-only payment | $2,250 |
| Estimated interest over 6 months | $13,500 |
| After-repair value | $370,000 |
| DSCR refinance loan (75% LTV) | $277,500 |
| Estimated principal and interest (30-year) | $1,893 |
| Taxes and insurance | $820 |
| Total monthly payment | $2,713 |
| Monthly rent | $2,750 |
| DSCR | About 1.01x |
A DSCR refinance replaces the bridge with a long-term loan that qualifies on rent, with no W-2s or tax returns, a 620 minimum credit score and 30-year terms available. Cash-out goes up to 75% LTV and rate-and-term up to 80% on some programs. The standard minimum DSCR is 1.0x, and sub-1.0 programs exist.
Seasoning before a cash-out refinance varies by program. Model the exit with the DSCR calculator using real insurance numbers, then decide how much to spend on the items that lower the premium.
Quotes are easier to compare when you ask each lender the same things. These are the questions that decide whether a bridge loan actually works.
LendingStreet's answers are short. Leverage is sized to the deal. The DSCR refinance is in-house with a 1.0x standard minimum and sub-1.0 programs where they fit. Seasoning varies by program. LLC borrowers are standard. Clean files can close in as little as 10 days. Loans run to $5M+, and while some bridge programs have no appraisal, larger balances usually need a full valuation.
Send the address, price or payoff, scope of work, expected rent, insurance quote and closing date. We will size the bridge and show the DSCR exit. Use the form below or call (877) 298-1001.
Our top pick is LendingStreet: bridge loans from $150,000 to $5M+ on 1-8 unit investment property, rates from 7.99%, closings in as little as 10 days and an in-house DSCR refinance.
Yes. We lend across Hillsborough, Pinellas and Pasco counties, and in all 50 states and DC.
Often, yes. In a flood zone, confirm with the building department how the substantial improvement rule applies before you budget, since it can change the scope.
No appraisal is required on some bridge programs. Larger balances usually need a full valuation.
Insurance is part of the payment used to calculate DSCR. In Tampa Bay, a higher premium can push the ratio below 1.0x.
In as little as 10 days when the file is complete.
No. Our bridge loans are business-purpose loans on non-owner-occupied investment property.
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