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 April 23, 2026 - confirm current terms directly with WCDA before applying.

Statewide DPA Programs in Wyoming

Standard First-Time Homebuyer Program

WCDA

Other

30-year fixed-rate first mortgage at a below-market rate for income-qualified first-time homebuyers; foundational product eligible to pair with Home$tretch DPA.

Paired with: FHA, VA, USDA, Conventional

  • 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; waived in WCDA-designated targeted areas.

Source: www.wyomingcda.com

HFA Preferred

WCDA

Other

30-year fixed-rate conventional first mortgage with reduced mortgage insurance for both first-time and repeat buyers; eligible to pair with Home$tretch DPA.

Paired with: Conventional

  • First-time homebuyer: Not required
  • Primary residence only
  • Minimum FICO: 620
  • Income: WCDA HFA Preferred income limits apply.
  • Homebuyer education required

Not restricted to first-time homebuyers. Product based on the federal HFA Preferred framework.

Source: www.wyomingcda.com

Spruce Up

WCDA

Other

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

  • Primary residence only
  • Minimum FICO: 620
  • Homebuyer education required

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

Deferred loan

Up to $10,000 as a 0% interest second mortgage with no monthly payments; repayment deferred until sale, refinance, or payoff of the first mortgage (or after 30 years).

Paired with: FHA, VA, USDA, Conventional

  • Primary residence only
  • Minimum FICO: 620
  • Homebuyer education required

Must be paired with a WCDA first mortgage. Minimum $1,500 borrower contribution required. Funds may be applied to down payment, closing costs, and prepaids.

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 homebuyer education through a WCDA-approved provider for all program loans.

2026 Loan Limits in Wyoming

Conforming (Conventional)

$806,500 baseline

Some Wyoming counties qualify as high-cost, with limits up to $1,209,750.

FHA

$524,225 floor

Higher-cost Wyoming counties can reach the FHA ceiling of $1,209,750.

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

Min FICO 580
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

1st lien: $386,000 at 96.5% LTV (FHA)
2nd lien: $14,000 (10-yr fixed, 1st rate + 2%)
Assistance is due upon transfer, sale, or refinance. Pricing estimate only — final rates, fees, and eligibility are determined by the lender.
Program details on this page are compiled from official Wyoming Housing Finance Agency and local government sources and were last verified on April 23, 2026. Program availability, funding, eligibility thresholds, and assistance amounts change frequently. Always confirm current terms directly with the administering agency before applying. This page is informational only and is not an offer to lend.

Compare DPA options for Wyoming with live pricing

Rate Direct pairs down payment assistance with live first-lien pricing so you see the combined monthly payment up front.

DPA Programs in Other States