In civil construction, one of the primary challenges associated with wood application is its high flammability and low durability during fires. Although chemical treatment with fire-retardant properties exists, they are expensive and of non-renewable origin. Tannin, a wood extractive, being a phenolic compound, holds promise for enhancing the thermal properties of wood. This study aimed to assess the efficacy of tannin as a fire retardant and compare it with a commercial product, as well as comparing different application techniques for these products. Wood samples from the Simarouba amara Aubl. species were utilized. Tannin and a commercial flame retardant were applied via immersion, vacuum impregnation, brushing, and a treatment of tannin incorporated into water-based wood varnish. Alongside the burning test performance, assessments of the wood’s physical properties, such as colorimetry, thermal stability, and mass retention, were conducted. The application of tannin altered the wood’s color and reduced the spread of fire; its presence significantly reduced the flame duration and maintained the wood’s structural integrity. However, tannin retention was lower compared to commercial flame retardant, leading to reduced fire retardancy. Among the methods tested, immersion proved to be the most effective in enhancing the wood’s resistance to flame contact.