Wyoming’s Best Mortgage Lenders & Current Mortgage Rates

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You’re not alone if you’re considering a home purchase in Wyoming. With almost 279,000 housing units and a 70% homeownership rate, according to the U.S. Census Bureau’s 2018 American Community Survey, Wyoming is a state where a majority of households own their homes.

The national median home value of $229,700 is virtually tied with Wyoming’s median housing value of $230,500. Depending on the home you’re looking to purchase and the area you’re considering, the price of a home could be higher or lower than average.

U.S. News’ Best Wyoming Mortgage Lenders of 2020

Bank of America
3% Min. Down Payment
600 Min. Credit Score
Guild Mortgage
3% Min. Down Payment
600 Min. Credit Score
loanDepot
10% Min. Down Payment
620 Min. Credit Score
Quicken Loans
3% Min. Down Payment
620 Min. Credit Score
Lender
U.S. News Rating
3% Min. Down Payment
600 Min. Credit Score
Lender
U.S. News Rating
3% Min. Down Payment
600 Min. Credit Score
Lender
U.S. News Rating
10% Min. Down Payment
620 Min. Credit Score
Lender
U.S. News Rating
3% Min. Down Payment
620 Min. Credit Score

Best for large loan amounts

Bank of America serves roughly 66 million customers in all 50 states. The lender offers conventional, Federal Housing Administration, Department of Veterans Affairs and jumbo loans, as well as home equity lines of credit and mortgage refinancing.

Lender Highlights

  • Mortgage types: ARMs, conventional, FHA, first-time homebuyer program, home equity lines of credit, refinancing, VA
  • Minimum FICO credit score: 600
  • Maximum loan amount: $5 million
  • Better Business Bureau rating: A+

Best Features

  • Wide variety of mortgages

  • Annual percentage rate or closing cost discounts for qualifying Bank of America and Merrill Lynch clients

  • No closing costs and no annual, balance transfer and cash advance fees for HELOCs

See full profile

Best for product selection

Guild Mortgage, founded in 1960, specializes in home loans and serves borrowers nationwide. The lender’s full suite of products includes conventional and government-backed mortgages and home equity loans.

Before You Apply

  • Mortgage types: ARMs, conventional, FHA, jumbo, manufactured home, refinance, reverse, USDA and VA
  • Minimum FICO credit score: 600
  • Maximum loan amount: varies
  • Better Business Bureau rating: A+

Best Features

  • Receives strong customer service ratings from the Better Business Bureau

  • Offers a broad range of mortgage products

  • Provides special mortgage programs for first-time buyers and manufactured homebuyers

See full profile

Best for customer service

LoanDepot was established in 2010 and since then has financed more than $70 billion in mortgages. It offers FHA, conventional and other mortgage options. Borrowers may qualify for a loan with a FICO credit score as low as 580.

Highlights:

  • Mortgage types offered: Conventional, FHA, VA, ARM, Refinancing (conventional), Refinancing (FHA), Refinancing (VA), Home equity loans
  • Minimum FICO credit score: 500 with conditions
  • Maximum debt-to-income ratio: 43% for FHA
  • Maximum combined loan-to-value ratio: 90%
  • J.D. Power satisfaction rating: Four out of five

Best Features

  • LoanDepot mortgages have a lifetime guarantee, which means if you ever decide to refinance an existing loanDepot loan, the company will waive the lender fees and reimburse appraisal fees.

See full profile

Best for product availability

Quicken Loans is a nationwide mortgage lender with several mortgage options. Known for customer service, the lender has an A+ Better Business Bureau rating and received a rating of five (among the best) in the 2018 U.S. Primary Mortgage Origination Satisfaction Study.

Highlights:

  • Mortgage types offered: ARM, FHA, VA, Refinancing (FHA), USDA, Conventional, Refinancing (conventional)
  • Minimum FICO credit score: 580 (FHA), other loans vary
  • Maximum debt-to-income ratio: 60%
  • J.D. Power satisfaction rating: Five out of five

Best Features

  • Complete loan process available online.

  • Wide variety of mortgage products.

  • Good customer service ratings.

See full profile

Best for VA loans

Veterans United Home Loans provides mortgages to veterans and military families in all 50 states and Washington, D.C., and specializes in VA loans. In 2019, Veterans United Home Loans generated the largest number of VA loans in the nation.

Before You Apply

  • Mortgage types: ARMs, conventional, FHA, refinance, USDA and VA
  • Minimum FICO credit score: 660
  • Maximum loan amount: $1.5 million
  • Better Business Bureau rating: A+

Best Features

  • Requires no military service

  • Sets no minimum loan amount

See full profile

What Are the Mortgage Rates in Wyoming?

The average interest rate for a 30-year fixed-rate conforming mortgage in Wyoming is 2.98%.

Home interest rates range from 2.5% to 3.63% in Wyoming.

What Are Today’s Mortgage Rates?







Loan Types

This Week’s Rate

Last Week’s Rate

30-year fixed-rate mortgage 3.01% 3.03%
15-year fixed-rate mortgage 2.58% 2.56%
30-year fixed-rate jumbo mortgage 3.03% 3.09%
5/1 ARM 3.04% 3.06%
5/1 jumbo ARM 2.86% 2.87%

*Rates as of Oct. 28, 2020

Mortgage Calculator

Is your dream home within reach? U.S. News’ mortgage calculator will show you how much house you can afford.

What Are Some Wyoming Homebuyer Programs?

Wyoming homebuyers can get low interest rates as well as help with down payments and closing costs from these Wyoming Community Development Authority (WCDA) programs.

  • Available to: Wyoming first-time homebuyers or those who have not owned an interest in a primary residence in the past three years and are purchasing a primary residence on 10 acres or less.
  • Income limits: Vary by county and household size (see income limits).
  • First-time homebuyers only?: No.
  • Benefits: Low fixed interest rates. Buyers can also use the Homestretch Down Payment Assistance program.

  • Available to: Wyoming first-time homebuyers or those who have not owned an interest in a primary residence in the past three years and are purchasing a primary residence on 10 acres or less.
  • Income limits: Vary by county and household size (see income limits).
  • First-time homebuyers only?: No.
  • Benefits: Offers financing for purchase and rehabilitation of a home in one loan.

  • Available to: Wyoming homebuyers using First-Time Homebuyer or Spruce Up programs with a minimum credit score of 620 and a minimum $1,500 borrower contribution.
  • Income limits: Vary by county and program you’re using the assistance with.
  • First-time homebuyers only?: No.
  • Down payment and closing cost assistance: Up to $10,000 for down payment, closing costs and prepaids assistance in the form of a 0% interest rate loan with no monthly payments, due upon sale of the home, refinance or 30-year maturity.

  • Available to: Wyoming homebuyers with a minimum credit score of 620 who are purchasing a principal residence with 10 acres or less with the intention of living there for at least one year.
  • Income limits: Vary by county (see income limits).
  • First-time homebuyers only?: No.
  • Benefits: Can be used in conjunction with the Amortizing Down Payment Assistance program or the Mortgage Credit Certificate program.

  • Available to: Wyoming homebuyers using HFA Preferred program with a minimum credit score of 620 and a minimum $1,500 borrower contribution.
  • Income limits: Vary by county and program you’re using the assistance with.
  • First-time homebuyers only?: No.
  • Benefits: Up to $10,000 for down payment, closing costs and prepaids assistance in the form of a 10-year, fixed interest rate loan that is fully amortizing.

  • Available to: Wyoming first-time homebuyers or those who have not owned an interest in a primary residence in the past three years and are purchasing a primary residence.
  • Income limits: Vary by county and household size (see income limits).
  • First-time homebuyers only?: No.
  • Benefits: A federal tax credit to the homebuyer’s federal tax liability based on a calculation using mortgage interest paid.

Advertising Disclosure: Some of the loan offers on this site are from companies
who are advertising clients of U.S. News. Advertising considerations may impact
where offers appear on the site but do not affect any editorial decisions,
such as which loan products we write about and how we evaluate them. This site
does not include all loan companies or all loan offers available in the marketplace.



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