Physician loans in Tampa and Orlando
Program and regulatory figures verified October 5, 2026. Details change; confirm your scenario with us.
Tampa and Orlando are where Florida comes closest to a normal market. Closest is not close.
The two markets
| Tampa | Orlando | |
|---|---|---|
| Typical value | $358,706 | $383,445 |
| Year over year | −1.5% | −1.8% |
| Mean days to pending | 70 | 70 |
| Conforming limit | $832,750 | |
They are the quickest of Florida's major metros and still take 17 days longer than the national benchmark of 53. Both are falling, Orlando slightly faster.
★ The ratio, not the price
A typical Tampa home costs $358,706. A physician finishing training with $300,000 of debt owes about the price of that house — and on conventional financing that balance counts as $3,000 a month under Fannie Mae B3-6-05, whatever the actual payment.
That is what ends Florida files. The house is affordable; the ratio is not. A physician programme can use the documented income-driven payment instead. The arithmetic.
And the part specific to buying here now
Orlando fell 1.8% over the year. On a $400,000 purchase financed at 100%, a repeat of that is roughly $8,000 of value gone while the balance has barely moved.
Over five years or more that is noise. Over two, in a market taking 70 days to sell, it is the difference between walking away clean and bringing money to closing. Where we lay that out properly.
The clinical employers
Tampa General, with the University of South Florida, anchors academic medicine on the west coast; Orlando carries several large multi-hospital employers across a fast-growing metro.
We publish no institutional residency counts, for the reason given throughout this site — the systems do not publish headline figures we could read. Florida statewide: 800 ACGME programmes, 9,400 residents, 3.42 programmes per 100,000 against 4.01 nationally.
If you are moving here
A physician programme can allow closing up to 150 days before an attending start date on a signed contract, against Fannie Mae B3-3.3-03's 90. With a 70-day market you are not racing anyone — the window is about moving once rather than renting first. How it works.
Frequently asked questions
What is a typical Tampa home worth?
$358,706 as of 2026-08-31, down 1.5% year over year, well below the $832,750 conforming loan limit. Orlando was $383,445, down 1.8%.How fast do Tampa and Orlando homes sell?
Both ran 70 mean days to pending as of 2026-08-31, the fastest of Florida's major metros and still 17 days slower than the national benchmark of 53.Why do Tampa physicians struggle to qualify?
Because the training debt is roughly the size of the house. A $300,000 balance counts as a $3,000 monthly obligation on conventional financing under Fannie Mae B3-6-05, against a typical Tampa value of $358,706, so the debt ratio rather than the price is the constraint.Mike Certo · NMLS #260555 · Cornerstone First Mortgage NMLS #173855 · Equal Housing Lender. Educational content, not a loan commitment and not legal, tax, or licensure advice. Physician-loan program terms, eligible degrees, and overlays are set by the lender and change; Florida FRAME award amounts, eligibility and application cycles change too. Confirm your scenario with us and your program administrator. All loans are subject to borrower and property qualification, including credit and income review.