Wyoming Bank & Trust Mortgage Rates, Fees & Info

Cheyenne, WY

LEI: 549300XCHJ481RPPSP63

Tax ID: 83-0117330

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Wyoming Bank & Trust is a smaller bank specializing in Home Purchase loans. Wyoming Bank & Trust has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Cheyenne, Laramie, Casper, Fort Collins, and Missoula among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Wyoming Bank & Trust has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Wyoming Bank & Trust is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    Originations

    165

    Origination Dollar Volume (All Markets)

    $53,285,000

    Awards

    Wyoming Bank & Trust FHA Loans silver Wyoming Bank & Trust VA Loans gold Wyoming Bank & Trust FHA Loans bronze Wyoming Bank & Trust VA Loans gold
    Show all (4) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    CHEYENNE, WY (FHA|USDA|VA) 142 $44,890,000 $316,127 $6,270 4.39%
    Laramie, WY (FHA|USDA|VA) 3 $2,765,000 $921,667 $6,598 4.33%
    Outside of Metro Areas 7 $1,165,000 $166,429 $3,206 4.77%
    CASPER, WY (FHA|USDA|VA) 2 $890,000 $445,000 $0 5.56%
    FORT COLLINS, CO (FHA|USDA|VA) 2 $740,000 $370,000 $5,790 3.50%
    MISSOULA, MT (FHA|USDA|VA) 1 $585,000 $585,000 $8,672 6.99%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $535,000 $535,000 $98 5.88%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $345,000 $345,000 $8,463 4.75%
    HUNTSVILLE, AL (FHA|USDA|VA) 1 $325,000 $325,000 $4,860 6.00%
    Jackson, WY-ID (FHA|USDA|VA) 1 $295,000 $295,000 $5,221 2.50%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $205,000 $205,000 $5,994 4.88%
    Sevierville, TN (FHA|USDA|VA) 1 $195,000 $195,000 $4,823 4.50%
    BISMARCK, ND (FHA|USDA|VA) 1 $175,000 $175,000 $3,346 4.25%
    Evanston, WY (FHA|USDA|VA) 1 $175,000 $175,000 $3,333 5.25%
    Wyoming Bank & Trust's top markets include Cheyenne, Laramie, Casper, Fort Collins, and Missoula among others.

    Their top states include:
  • Wyoming (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Montana (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Wyoming Bank & Trust based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Blue Federal Credit Union
    Similarity Rank: 180
    Meridian Trust Federal Credit Union
    Similarity Rank: 261
    Wyoming Bank & Trust
    Similarity Rank: 490
    Jonah Bank of Wyoming
    Similarity Rank: 570
    CENTENNIAL LENDING, LLC
    Similarity Rank: 600
    CHERRY CREEK MORTGAGE, LLC
    Similarity Rank: 4836
    Wallick & Volk, Inc.
    Similarity Rank: 4897
    First Interstate Bank
    Similarity Rank: 6862
    Wells Fargo Bank
    Similarity Rank: 7352
    USAA Federal Savings Bank
    Similarity Rank: 7542

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 114 $35,680,000 $312,982 $5,055 4.51%
    VA 35 $13,155,000 $375,857 $7,036 4.10%
    FHA 16 $4,450,000 $278,125 $9,688 4.65%

    For 2022, Wyoming Bank & Trust's most frequently originated type of loan was Conventional, with 114 originations. Their 2nd most popular type was VA, with 35 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 137 $42,185,000 $307,920 $6,148 4.55%
    Cash Out Refi 14 $4,110,000 $293,571 $6,132 4.07%
    Refi 10 $5,890,000 $589,000 $5,925 3.76%
    Home Improvement 3 $995,000 $331,667 $3,833 3.08%
    Other 1 $105,000 $105,000 $1,590 5.00%

    For 2022, Wyoming Bank & Trust's most frequently cited loan purpose was Home Purchase, with 137 originations. The 2nd most popular reason was Cash Out Refi, with 14 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 141 $44,595,000 $316,277 $6,284 4.38%
    15 Year 12 $4,680,000 $390,000 $4,610 3.87%
    1 Year 6 $1,770,000 $295,000 $3,898 5.92%
    20 Year 3 $695,000 $231,667 $1,590 5.50%
    Other 2 $1,390,000 $695,000 $0 4.88%
    5 Year 1 $155,000 $155,000 $3,270 6.75%

    For 2022, Wyoming Bank & Trust's most frequently cited loan duration was 30 Year, with 141 originations. The 2nd most popular length was 15 Year, with 12 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $3k-4k 50 $14,910,000 $298,200
    $<1k 24 $6,210,000 $258,750
    $4k-5k 24 $9,410,000 $392,083
    $2k-3k 21 $4,545,000 $216,429
    $5k+ 17 $9,685,000 $569,706
    $1k-2k 10 $1,800,000 $180,000

    Wyoming Bank & Trust's average total fees were $6,284, while their most frequently occuring range of origination fees (closing costs) were in the $3k-4k bucket, with 50 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 54 $17,660,000 $327,037
    5-6% 35 $12,955,000 $370,143
    3-4% 33 $10,635,000 $322,273
    6-7% 16 $6,010,000 $375,625
    <2.5% 15 $2,535,000 $169,000
    2.5-3% 9 $2,705,000 $300,556
    7-8% 3 $785,000 $261,667

    During 2022, Wyoming Bank & Trust's average interest rate for loans was 4.38%, while their most frequently originated rate bucket for loans was 4-5%, with 54 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 96 $28,630,000 $298,229 $6,095 4.63%
    $400k-600k 28 $13,340,000 $476,429 $8,047 4.53%
    $100k-200k 25 $3,865,000 $154,600 $3,232 4.74%
    $100,000 or less 8 $90,000 $11,250 $179 0.00%
    $600k-1MM 6 $4,380,000 $730,000 $8,776 5.13%
    $1MM+ 2 $2,980,000 $1,490,000 $13,925 5.93%

    2022 saw Wyoming Bank & Trust place emphasis on $200k-400k loans with 96 originations, totaling $28,630,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 42 $13,810,000 $328,810 $6,139 4.54%
    $50k-75k 37 $8,445,000 $228,243 $5,535 4.13%
    $75k-100k 31 $9,615,000 $310,161 $6,486 4.61%
    $150k-250k 21 $8,475,000 $403,571 $7,218 4.83%
    $50k or less 12 $2,010,000 $167,500 $3,552 3.84%
    $250k+ 6 $3,410,000 $568,333 $10,433 4.10%

    Wyoming Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 42 originations. The second most popular income band? $50k-75k, with 37 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 31 $10,555,000 $340,484 $7,150 4.24%
    20-30% 28 $8,800,000 $314,286 $5,885 4.44%
    44% 12 $2,820,000 $235,000 $4,846 3.73%
    42% 10 $2,620,000 $262,000 $5,702 3.50%
    48% 9 $2,995,000 $332,778 $6,886 5.22%
    <20% 8 $3,090,000 $386,250 $6,884 4.59%
    40% 8 $2,030,000 $253,750 $4,796 4.47%
    41% 6 $1,600,000 $266,667 $7,450 3.71%
    37% 6 $2,180,000 $363,333 $2,212 5.12%
    39% 6 $1,610,000 $268,333 $6,883 4.77%
    50-60% 5 $1,535,000 $307,000 $7,648 4.98%
    46% 5 $1,525,000 $305,000 $7,419 4.70%
    45% 5 $1,575,000 $315,000 $5,806 5.32%
    38% 5 $1,615,000 $323,000 $7,494 4.92%
    43% 5 $1,555,000 $311,000 $3,625 4.20%
    47% 4 $920,000 $230,000 $4,324 5.00%
    36% 2 $710,000 $355,000 $8,447 4.62%
    49% 2 $800,000 $400,000 $4,082 3.87%

    Wyoming Bank & Trust lent most frequently to those with DTI ratios of 30-36%, with 31 originations. The next most common DTI ratio? 20-30%, with 28 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 144 $43,840,000 $304,444 $6,115 4.32%
    Not applicable 12 $6,020,000 $501,667 $4,628 5.02%
    Not provided 6 $2,610,000 $435,000 $7,894 5.73%
    Black 2 $570,000 $285,000 $3,771 4.63%
    Asian 1 $245,000 $245,000 $4,512 5.88%

    Approval Rates

    Total approvals of all applications
    96.12%

    Wyoming Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    80.61%

    Wyoming Bank & Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 165 $53,285,000 $322,939

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    165 $53,285,000 $322,939

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 8 $1,650,000 $206,250 $4,841 4.87%
    40-60% 17 $6,765,000 $397,941 $4,936 4.73%
    60-80% 48 $15,810,000 $329,375 $5,369 4.55%
    80-100% 75 $25,495,000 $339,933 $6,435 4.82%
    Over 100% 6 $2,490,000 $415,000 $15,427 4.29%
    Under 20% 9 $385,000 $42,778 $899 0.28%