DSCR Loans in Hillsborough County, Florida
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
LinkedIn35 closed transactionsNLPI LLC, NJ entity ID 0451062247 (verify on the NJ business search)
In 2025 HMDA data, 279 lenders made 2,514 investment-property loans in Hillsborough County, 5.1% of Florida's total. Dominick Prevete arranges DSCR loans across Hillsborough County, Florida, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.25% (November 2026), and most close in 14 days. At HUD's fair market rent, a three-bedroom rental there covers its full payment up to a price of about $370,000.
Hillsborough County investor market at a glance
| Statistic | Hillsborough County | Florida | County rank |
|---|---|---|---|
| Investor loans | 2,514 | 49,114 | 6th of 39 |
| Reporting lenders | 279 | 1,090 | 4th of 39 |
| Loan volume | $809.5M | $18.15B | 6th of 39 |
| Average loan | $322K | $370K | 18th of 39 |
| Median loan | $265K | $265K | 16th of 39 |
| Purchases | 57.6% | 64.1% | 36th of 39 |
| Cash-out refinances | 23.1% | 20.8% | 9th of 39 |
| 2–4 unit properties | 6.4% | 7.8% | 22nd of 39 |
| Top five lenders' share | 25.4% | 23.8% | 30th of 39 |
| Reported business-purpose | 81.5% | 79.8% | 11th of 39 |
Hillsborough County: closed-end loans on 1–4 unit investment properties. Hillsborough County's rank is highest first, among Florida's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Hillsborough County's investor loans.
What stands out in Hillsborough County
57.6% of Hillsborough County's investor loans were purchases, the 4th-lowest share of Florida's 39 counties with published data (statewide: 64.1%).
Refinances are a larger share here than in most of Florida. A DSCR refinance qualifies on the property's current rent.
23.1% of Hillsborough County's investor loans were cash-out refinances, the 9th-highest share of Florida's 39 counties with published data (statewide: 20.8%).
On the DSCR cash-out refinances Dominick arranges, cash-out can close with no seasoning.
Does a DSCR loan pencil in Hillsborough County?
At HUD's fair market rent of $2,448 for a 3-bedroom in Hillsborough County, Florida, a rental covers its full DSCR payment up to a purchase price of about $370,000, with 20% down at the 7.25% starting rate (November 2026). Hillsborough County's median home value is $371,500; at that price the payment is $2,433 a month, so the property would need $2,450 in rent to cover it.
At that price, the rent covers the full payment, which is the test a standard DSCR loan qualifies on.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,917 / $2,448 / $2,977 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $371,500 |
| Median property taxes and effective rate | $3,010 (0.81% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,433 |
| Rent needed to cover that payment | $2,450 |
| Coverage of a 3-bedroom at fair market rent | 1.01 |
| Highest price a 3-bedroom at fair market rent covers | about $370,000 |
Fair market rent is HUD's 40th-percentile gross rent, including utilities; a property's appraised market rent can be higher or lower. Payment uses 20% down, a 30-year amortization at the published DSCR starting rate, the county's median effective property-tax rate and insurance at 0.50% of value. Purchase leverage goes up to 85% on qualifying files. This is an illustration, not a term sheet or an offer of credit.
Price your actual deal →Run Hillsborough County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Hillsborough County?
The most active investment-property lenders in Hillsborough County in 2025 HMDA data were UNITED SHORE FINANCIAL SERVICES, LLC; Kiavi Funding, Inc.; and Easy Street Capital, LLC, out of 279 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders, including several that reported in Hillsborough County, and matches each file to the one most likely to fund it.
Hillsborough County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 2,514 loans and $809.5M from 279 lenders. UNITED SHORE FINANCIAL SERVICES, LLC led Hillsborough County with 201 loans, 8.0% of the county's total, and the average Hillsborough County loan of $322K compares with $370K across Florida.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| UNITED SHORE FINANCIAL SERVICES, LLC | 201 | $53.6M | $266K | 50.7% |
| Kiavi Funding, Inc. | 156 | $46.8M | $300K | 87.2% |
| Easy Street Capital, LLC | 121 | $32.8M | $271K | 0.0% |
| CHAMPIONS FUNDING, LLC | 86 | $27.3M | $317K | 38.4% |
| 212 LOANS, LLC. | 75 | $22.6M | $302K | 100.0% |
| Hometown Equity Mortgage, LLC | 74 | $21.7M | $294K | 33.8% |
| THE LOAN STORE, INC. | 65 | $20.0M | $308K | 61.5% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 64 | $17.8M | $278K | 89.1% |
| A&D Mortgage LLC | 62 | $18.0M | $290K | 54.8% |
| CROSSCOUNTRY MORTGAGE, INC. | 61 | $20.6M | $337K | 70.5% |
| Rocket Mortgage, LLC | 58 | $15.7M | $271K | 46.6% |
| HOMEXPRESS MORTGAGE CORP. | 54 | $17.9M | $331K | 27.8% |
| NEWREZ LLC | 45 | $14.6M | $324K | 73.3% |
| AMWEST FUNDING CORP. | 45 | $13.3M | $296K | 51.1% |
| KIND LENDING, LLC | 40 | $13.5M | $338K | 62.5% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 38 | $11.4M | $299K | 57.9% |
| OCMBC, INC. | 34 | $9.6M | $281K | 38.2% |
| LENNAR MORTGAGE, LLC | 34 | $9.0M | $265K | 100.0% |
| GUARANTEED RATE, INC. | 31 | $7.7M | $248K | 41.9% |
| Loan Funder LLC | 30 | $17.0M | $568K | 76.7% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 29 | $6.5M | $226K | 34.5% |
| AMERICAN HERITAGE LENDING, LLC | 28 | $10.4M | $373K | 32.1% |
| Commerce Home Mortgage, Inc. | 24 | $8.8M | $367K | 70.8% |
| PENNYMAC LOAN SERVICES, LLC | 24 | $7.5M | $313K | 58.3% |
| CLEAREDGE LENDING LLC | 24 | $7.0M | $292K | 66.7% |
1,098 Florida loans (2.2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Hillsborough County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Hillsborough County CSV, all 25 lenders
What Hillsborough County's table can't show you: fit. Short-term financing is exempt from HMDA, so Hillsborough County's fix-and-flip and bridge lenders barely appear among its 279 filers, and none of the 25 names above tells you whose guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders — including several on this list — so it lands with the one most likely to fund it.
Price your loan →National Loan Provider is an independent broker and maintains wholesale relationships with some listed lenders. Appearing in this table is not an endorsement or a recommendation.
Run the coverage test on your Hillsborough County, Florida deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Hillsborough County, Florida property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — Hillsborough County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 279 lenders and 2,514 loans: 2025 HMDA loan-level data rolled up to Hillsborough County.
- Hillsborough County investor-lender dataset (CSV) — All 25 lenders in the Hillsborough County, Florida table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Hillsborough County's 2-, 3- and 4-bedroom fair market rents in the rent math, and the 3-bedroom rent its highest-price figure uses: HUD's FY2027 figures for the Tampa-St. Petersburg-Clearwater, FL MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Hillsborough County's median home value (B25077) and median property taxes paid (B25103) in the rent math, from the Census 2020–2024 ACS 5-year summary files.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.25%, as of November 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.