Wyoming mortgages and home buyers, 2025
Incomes, down payments, rates, loan costs, denials and lenders across Wyoming's 23 counties, from official HMDA records.
HMDA 2025 data released June 23, 2026
In 2025, lenders reported 5,438 home-purchase mortgages for owner-occupied, single-family homes in Wyoming. The median buyer borrowed $315,000 on a home valued at $365,000 and reported a household income of $104,000.
Buyers financed a median 95% of the home's value (roughly 5% down), paid a median 6.624% on 30-year fixed conventional loans and faced median conventional loan costs of $5,620.
Lenders denied 6.7% of completed home-purchase applications.
Key facts
- Home buyers' median income ($104,000) is 10% lower than the U.S. median ($116,000).
- FHA loans made up 27.9% of purchase mortgages, versus 21.1% nationally.
- VA loans were unusually common: 18.9% of purchase mortgages.
- 32.4% of buyers put at least 20% down (financed 80% or less), compared with 38.5% nationally.
- The most common age bracket among borrowers was 25–34 (32.1% of purchase loans).
- 50.1% of purchase mortgages had a single borrower with no co-applicant.
- The most-cited reason for denial was debt-to-income ratio (40.5% of denials with a stated reason).
Conforming limits in Wyoming range from $832,750 to $1,249,125 for a one-unit home in 2026. See every Wyoming county's 2026 FHA and conforming loan limits.
Wyoming counties compared
Click a column to sort. Medians shown with at least 30 loans.
| County | Purchase loans | Median loan | Buyer income | Down payment | 30-yr rate | Loan costs | Denial rate | FHA limit |
|---|---|---|---|---|---|---|---|---|
| Albany County | 328 | $325,000 | $112,000 | 10.0% | 6.500% | $6,870 | 2.6% | $541,287 |
| Big Horn County | 65 | $245,000 | $85,000 | 5.0% | — | — | 9.5% | $541,287 |
| Campbell County | 315 | $285,000 | $101,000 | 3.5% | 6.500% | $5,410 | 4.7% | $541,287 |
| Carbon County | 143 | $205,000 | $86,000 | 3.5% | 6.500% | $5,460 | 10.1% | $541,287 |
| Converse County | 106 | $265,000 | $100,000 | 3.5% | 6.625% | $4,660 | 5.2% | $541,287 |
| Crook County | 38 | $325,000 | $116,000 | — | — | — | 7.3% | $541,287 |
| Fremont County | 198 | $275,000 | $89,000 | 7.6% | 6.625% | $5,210 | 14.0% | $541,287 |
| Goshen County | 83 | $195,000 | $93,000 | 5.0% | 6.625% | $4,410 | 12.4% | $541,287 |
| Hot Springs County | 22 | — | — | — | — | — | — | $541,287 |
| Johnson County | 46 | $335,000 | $120,000 | 15.4% | — | $5,570 | 11.3% | $541,287 |
| Laramie County | 1,418 | $355,000 | $110,000 | 5.0% | 6.625% | $5,930 | 5.8% | $541,287 |
| Lincoln County | 210 | $375,000 | $129,000 | 10.6% | 6.566% | $5,150 | 9.2% | $541,287 |
| Natrona County | 989 | $285,000 | $96,000 | 5.0% | 6.624% | $5,300 | 5.4% | $541,287 |
| Niobrara County | 11 | — | — | — | — | — | — | $541,287 |
| Park County | 270 | $355,000 | $107,000 | 12.3% | 6.625% | $5,460 | 7.3% | $541,287 |
| Platte County | 82 | $235,000 | $98,000 | 6.3% | — | — | 12.4% | $541,287 |
| Sheridan County | 301 | $335,000 | $103,000 | 13.2% | 6.490% | $5,630 | 4.4% | $541,287 |
| Sublette County | 88 | $365,000 | $133,000 | 20.0% | 6.499% | $5,980 | 6.3% | $541,287 |
| Sweetwater County | 357 | $285,000 | $99,000 | 3.5% | 6.490% | $4,780 | 6.9% | $541,287 |
| Teton County | 106 | $725,000 | $267,000 | 39.0% | 6.550% | $6,050 | 10.4% | $1,249,125 |
| Uinta County | 164 | $295,000 | $96,000 | 3.5% | 6.490% | $6,100 | 9.8% | $579,600 |
| Washakie County | 55 | $235,000 | $86,000 | 7.0% | — | — | 1.7% | $541,287 |
| Weston County | 43 | $215,000 | $83,000 | 10.0% | — | — | 4.3% | $541,287 |
Who bought homes in Wyoming
Home-purchase mortgages for owner-occupied, single-family (1–4 unit) site-built homes, first liens, originated in 2025.
Values are medians; "middle half" is the 25th to 75th percentile.
Loan type
What the homes were for
All first-lien, closed-end purchase mortgages, including second homes and investors.
Borrower age
Debt-to-income ratio
Monthly debts (including the new payment) as a share of income, as used in underwriting.
What borrowing cost in Wyoming
Medians for 2025 home-purchase loans. Total loan costs are section D of the Loan Estimate/Closing Disclosure (lender and third-party loan charges, excluding taxes, prepaids and escrow). FHA and VA costs include the upfront mortgage insurance premium or VA funding fee, so compare like with like.
| Measure | Wyoming | U.S. |
|---|---|---|
| 30-year fixed rate · conventional | 6.624% | 6.625% |
| 30-year fixed rate · FHA | 6.125% | 6.250% |
| 30-year fixed rate · VA | 6.125% | 6.125% |
| 15-year fixed rate · conventional | 5.875% | 5.875% |
| Rate spread vs. APOR · conventional | +0.12 pts | +0.13 pts |
| Total loan costs · conventional | $5,620 | $5,570 |
| Total loan costs · FHA | $10,750 | $11,310 |
| Total loan costs · VA | $6,110 | $6,490 |
| Origination charges (all loan types) | $3,270 | $1,860 |
| Borrowers paying discount points | 53.9% | 51.3% |
| Points paid, when paid (% of loan) | 0.98% | 0.87% |
| Borrowers receiving lender credits | 29.1% | 33.1% |
| Adjustable-rate mortgages | 3.2% | 7.4% |
| Jumbo loans (above conforming limit) | 2.0% | 3.8% |
Medians are shown only when at least 30 loans report the field. Rates are those reported at closing; market rates changed during 2025, which the rate spread (APR minus the average prime offer rate on the lock date) adjusts for.
Approvals and denials
Wyoming: 395 of 5,943 completed home-purchase applications were denied (6.7%).
Denial rate
| Application | Wyoming | U.S. |
|---|---|---|
| Home purchase | 6.7% | 8.5% |
| Conventional | 6.0% | 7.1% |
| FHA | 7.4% | 12.5% |
| VA | 6.3% | 8.0% |
| USDA | 13.3% | 12.5% |
| Refinance | 13.7% | 17.9% |
| Cash-out refinance | 32.5% | 33.6% |
Main reason for purchase denials
First reason the lender reported.
Denial rate = denied ÷ (originated + approved but not accepted + denied). Withdrawn and incomplete applications are excluded. Differences between places reflect who applies, not only lender behavior.
Refinancing in Wyoming
Top mortgage lenders in Wyoming
| # | Lender | Loans | Share | Denial rate | 30-yr rate* | Spread* | Costs* |
|---|---|---|---|---|---|---|---|
| 1 | United Wholesale Mortgage (UWM) | 886 | 11.1% | 4.0% | 6.499% | +0.04 | $5,670 |
| 2 | Rocket Mortgage, LLC | 771 | 9.6% | 10.1% | 6.500% | +0.22 | $6,320 |
| 3 | Fairway Independent Mortgage Corporation | 644 | 8.0% | 3.5% | 6.875% | +0.34 | $6,050 |
| 4 | Guild Mortgage Company | 482 | 6.0% | 3.5% | 6.625% | +0.21 | $6,560 |
| 5 | Jonah Bank of Wyoming | 327 | 4.1% | 1.3% | 6.490% | −0.04 | $6,460 |
| 6 | Veterans United Home Loans | 263 | 3.3% | 9.2% | — | — | — |
| 7 | Glacier Bank | 232 | 2.9% | 15.6% | 6.375% | −0.03 | $5,950 |
| 8 | Freedom Mortgage Corporation | 231 | 2.9% | — | — | — | — |
| 9 | CrossCountry Mortgage, Inc. | 183 | 2.3% | 2.3% | 6.625% | +0.26 | $8,000 |
| 10 | Gold Star Mortgage Financial Group, Corporation | 154 | 1.9% | 1.3% | 6.500% | +0.21 | $5,410 |
| 11 | Hilltop National Bank | 140 | 1.8% | 2.4% | — | — | — |
| 12 | Pinnacle Bank - Wyoming | 140 | 1.8% | 2.3% | — | — | — |
| 13 | Western Vista | 132 | 1.7% | 3.8% | 6.375% | −0.04 | $5,280 |
| 14 | American Pacific Mortgage Corporation | 127 | 1.6% | 3.4% | 6.750% | +0.34 | $7,700 |
| 15 | CMG Mortgage, Inc. | 124 | 1.6% | 1.2% | 6.750% | +0.20 | $4,880 |
| 16 | Newrez LLC | 111 | 1.4% | 7.0% | — | — | — |
| 17 | Kind Lending, LLC | 109 | 1.4% | 17.5% | 6.625% | +0.25 | $7,190 |
| 18 | Platte Valley Bank | 106 | 1.3% | 7.5% | — | — | — |
| 19 | Plains Commerce Bank | 98 | 1.2% | 4.4% | 6.500% | +0.21 | $5,960 |
| 20 | Pennymac Loan Services, LLC | 95 | 1.2% | 10.0% | — | — | — |
| 21 | First Western Trust Bank | 88 | 1.1% | 1.3% | 6.500% | −0.09 | $4,150 |
| 22 | Rate | 86 | 1.1% | 2.7% | 6.450% | +0.03 | $5,720 |
| 23 | U.S. Bank, N.A. | 77 | 1.0% | 10.1% | 6.490% | +0.08 | $3,830 |
| 24 | Securitynational Mortgage Company | 76 | 0.9% | 1.3% | 6.625% | +0.32 | $5,720 |
| 25 | Navy Federal Credit Union | 70 | 0.9% | 7.7% | — | — | — |
Largest lenders in Wyoming by 2025 originations. Loans = home-purchase, refinance and cash-out originations (2025); share = share of those loans here; denial rate = home-purchase applications. *Medians for conventional home-purchase loans, shown with at least 20 loans; spread = APR minus the average prime offer rate at rate lock (percentage points); costs = total loan costs (section D).
Metro areas in Wyoming
- Cheyenne, WY · 1,418 purchases
- Casper, WY · 989 purchases
Source: FFIEC/CFPB HMDA 2025 public LAR; FHFA and HUD 2026 loan limits. Methodology