Our analysis of 2025 HMDA data. Rates are medians on loans actually opened.
Why HELOCs were denied in Tampa, FL
First reason lenders gave, share of denials with a reason reported.
Denial rate by debt-to-income
Tampa, FL HELOC applications, 2025.
| Debt-to-income | Decisions | Denied |
|---|---|---|
| Under 20% | 679 | 38% |
| 20% to 29% | 1,604 | 20% |
| 30% to 35% | 1,582 | 19% |
| 36% to 42% | 2,477 | 22% |
| 43% to 49% | 2,668 | 26% |
| 50% to 60% | 1,615 | 45% |
| Over 60% | 1,968 | 85% |
If you were denied a HELOC in Tampa, FL
6 of the six major home equity investment providers list Florida as a service area: CHEIFS, Hometap, Point, Splitero, Unison, Unlock. See which could fit you.
Compare a HELOC, home equity loan, cash-out refinance, and home equity investment side by side, with your own approval odds, in the home equity options tool. A HELOC like the typical 2025 loan here would start around 7.13% at today’s prime rate.
State rules: Florida.
Other metro areas in Florida
Port St. Lucie, FL (43%) · West Palm Beach, FL (43%) · Miami, FL (45%) · Naples, FL (38%) · St. Petersburg, FL (36%) · Jacksonville, FL (40%) · All 358 metro areas
Questions
What is the HELOC denial rate in Tampa, FL?
Lenders denied 36.4% of the 12,727 HELOC applications they decided in the Tampa, FL metro area in 2025, above the national rate of 32.9%, according to federal HMDA data.
Why do HELOCs get denied in Tampa, FL?
The most common first reason lenders gave was debt-to-income ratio (42% of denials with a reason reported).
What is a typical HELOC rate in Tampa, FL?
The median starting rate on HELOCs opened in the Tampa, FL area in 2025 was 7.50%. HELOC rates move with the prime rate, which has changed by -0.37 points since, so a similar loan today would start around 7.13%. Your rate depends on your credit, equity, and lender.
Source: FFIEC / CFPB HMDA data, 2025, second-lien HELOCs and home equity loans with a credit decision, by the metro area HMDA assigns. Metro names: U.S. Census Bureau. Free to use with attribution (CC BY 4.0). Methodology: HELOC denial data.
HEI Calculator
Run your own home and assumptions through every provider and get one comparable effective annual cost.
HEI Compare
Point, Hometap, Unlock, Unison, Splitero and CHEIFS side by side, with reviews and head-to-heads.
HEI Offers
See which providers fit your home, state, and credit, and grade an offer you already have.
HEI Facts, HEI Calculator, HEI Compare, and HEI Offers are sister sites run by the same independent team.