Wyoming Down Payment Assistance
Wyoming Down Payment Assistance Programs
A guide to current down payment assistance options in Wyoming, including the state Housing Finance Agency, well-known city and county programs, and live DPA mortgage pricing for Wyoming homebuyers.
Wyoming Housing Finance Agency
Wyoming Community Development Authority (WCDA)
www.wyomingcda.com307-265-5102
WCDA administers the primary DPA programs for Wyoming. Program details below are current as of October 17, 2026 - confirm current terms directly with WCDA before applying.
Statewide DPA Programs in Wyoming
Standard First-Time Homebuyer Program
WCDA
30-year fixed-rate first mortgage at a low fixed rate for income-qualified first-time homebuyers; eligible to pair with Home$tretch DPA.
Paired with: FHA, VA, USDA
- First-time homebuyer: Required
- Primary residence only
- Minimum FICO: 620
- Income: WCDA Standard Program income and purchase price limits apply (county-based).
- Homebuyer education required
First-time homebuyer defined as no ownership interest in a primary residence in the last three years. Home must sit on 10 acres or less. May be subject to federal recapture tax. Homebuyer education through Wyoming Housing Network required.
Source: www.wyomingcda.com
Advantage
WCDA
30-year fixed-rate first mortgage for purchase or refinance with no purchase price limit; eligible to pair with the WCDA Amortizing DPA loan and the WCDA MCC.
- First-time homebuyer: Not required
- Primary residence only
- Minimum FICO: 620
- Income: WCDA income limits apply; no purchase price limit.
- Homebuyer education required
No first-time homebuyer requirement. Not subject to federal recapture tax. Home must sit on 10 acres or less. Homebuyer education required for first-time homebuyers.
Source: www.wyomingcda.com
Edge
WCDA
30-year fixed-rate first mortgage for purchase or refinance with no purchase price limit; eligible to pair with Home$tretch DPA.
- First-time homebuyer: Not required
- Primary residence only
- Minimum FICO: 620
- Income: WCDA income limits apply; no purchase price limit.
- Homebuyer education required
No first-time homebuyer requirement. Not subject to federal recapture tax. Home must sit on 10 acres or less. Homebuyer education required for first-time homebuyers.
Source: www.wyomingcda.com
Spruce Up
WCDA
Single-close purchase-and-rehabilitation first mortgage that finances the home purchase and renovation costs together; reduces closing costs relative to separate bridge or construction loans.
Paired with: FHA, VA, USDA, Conventional
- First-time homebuyer: Required
- Primary residence only
- Minimum FICO: 620
- Homebuyer education required
Must meet First-Time Homebuyer Program requirements. WCDA program rules follow the underlying loan type (FHA 203(k), VA, USDA, or conventional renovation standards).
Source: www.wyomingcda.com
Home$tretch Down Payment Assistance
WCDA
Up to $15,000 as a 0% interest second mortgage with no monthly payments; due upon sale, refinance, or 30-year maturity.
Paired with: FHA, VA, USDA, Conventional
- Primary residence only
- Minimum FICO: 620
- Homebuyer education required
Only with the WCDA First-Time Homebuyer, Spruce Up, or Edge first mortgage. Minimum $1,500 borrower contribution required (may be a gift). Funds may be applied to down payment, closing costs, and prepaids.
Source: www.wyomingcda.com
Amortizing DPA Loan
WCDA
Up to $15,000 as a fixed-rate, fully amortizing second mortgage with a maximum 10-year term.
- Primary residence only
- Minimum FICO: 620
Only with the WCDA Advantage first mortgage. Minimum $1,500 borrower contribution required (may be a gift). Funds may be applied to down payment, closing costs, and prepaids.
Source: www.wyomingcda.com
Mortgage Credit Certificate (MCC)
WCDA
Federal income tax credit based on a portion of mortgage interest paid, usable over the life of the qualifying loan while the holder continues to qualify.
- First-time homebuyer: Required
- Primary residence only
- Income: WCDA purchase price and income limits apply.
First-time homebuyers only (no ownership in the last three years). Used with WCDA Advantage purchase transactions. May be subject to federal recapture tax; WCDA reimburses borrowers who pay it.
Source: www.wyomingcda.com
Wyoming Notes for Homebuyers
- Wyoming uses mortgages with non-judicial power-of-sale foreclosure; title companies typically handle closings.
- WCDA requires first-time homebuyers to complete homebuyer education through Wyoming Housing Network, Inc.
2026 Loan Limits in Wyoming
Conforming (Conventional)
$832,750 baseline
Some Wyoming counties qualify as high-cost, with limits up to $1,249,125.
FHA
$541,287
Standard FHA limit. Select high-cost Wyoming counties allow more, up to $1,249,125.
Live DPA Pricing for Wyoming
Pricing below is sourced live from hundreds of wholesale lenders for a Wyoming scenario. Edit the inputs to match your situation.
FHA Down Payment Assistance
Up to 5% assistance; repayable second at first rate + 2% over 10 years
▸Program details
- ✓Minimum credit score: 580
- ✓Non-traditional credit also possible
- ✓Assistance up to 2.5%, 3.5%, or 5% of the lesser of purchase price or appraised value
- ✓Assistance can be used for down payment, closing costs, or both
- ✓Second lien: 10-year fixed, repayable
- ✓Second lien rate is 2% higher than the first mortgage rate
- ✓No first-time homebuyer requirement
- ✓No income cap
- ✓Purchase of primary residence only
- ✓Eligible properties: 1-unit residences, PUD, 2-4 units, FHA-approved condos, manufactured (single/double-wide)
- ✓DTI per AUS and FHA manual underwriting guidelines
- ✓First lien: FHA 30-year fixed
Assistance amount
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