Benzinga has researched the top mortgage lenders to show you the best mortgage lenders in Tampa, Florida for buying a home or refinancing.
Best Mortgage Lenders in Tampa Florida
- Best For:Flexible Mortgage Optionssecurely through Angel Oak Mortgage Solutions's website
Available in: CA, CO, CT, DC, FL, GA, IL, MD, MA, MI, NH, NJ, NY, NC, OH, PA, RI, SC, TN, TX, VA, WA
See also: Best Mortgage Lenders in Florida
Located on the Gulf Coast of Florida, Tampa is the 3rd most populated city in Florida with 384,959 residents. It is also part of the Tampa-St. Petersburg-Clearwater Florida Metropolitan Statistical Area.
This metropolitan area is the 2nd largest in the state and 4th largest in the Southeastern United States. Tampa is known for its cigar industry and its Ybor City neighborhood, as well as its tourist attractions like Busch Gardens and its beautiful beaches. Some of the largest employers here include Baycare Health System, Publix Super Markets Inc., and the University of South Florida.
Tampa, Florida Real Estate Market
The median home value in Tampa is $311,075. There has been an increase in the average annual appreciation rate over the last 10 years of 9.54%. Both renters and homeowners make up the real estate market here. The average rental rate is $1,804 per month.
Homes you will find in Tampa are generally single-family homes, with many apartment complexes as well. Residences are mainly 2-3 bedrooms built between 1970-1999, with many newer buildings in the 2000s to keep up with population growth. Tampa is home to many young professionals with jobs in the healthcare, scientific, and technical fields. Retail and accommodation are also popular jobs in this area.
Popular Neighborhoods in Tampa
Palma Ceia
Carrollwood
Cosme
Pebble Creek
Carrollwood Village
Westchase
Port Tampa
Branchton
Citrus Park
Northdale
Nearby Communities
Brandon
Lutz
Odessa
Riverview
Seffner
Temple Terrace
Thonotosassa
Current Mortgage Rates in Florida
Mortgage rates fluctuate, much like stocks on the stock market do. Mortgage-backed securities are traded like stocks. The current state of the economy drives the housing market.
You may want to watch mortgage rates to know when to commit to a mortgage rate. Benzinga monitors mortgage rate fluctuations and updates current mortgage rate charts.
| Loan Type | Rate | APR |
|---|---|---|
| 30-year fixed | 6.548% | 6.605% |
| 15-year fixed | 6.156% | 6.308% |
| 7/1 ARM (adjustable rate) | N/A | N/A |
| 5/1 ARM (adjustable rate) | N/A | N/A |
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