Sheridan Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Sheridan averaged
6.69%
for the week of 2025-07-10, compared to the national average of
6.72% for the same period.
The average rate for the prior week (2025-07-03) was
6.74% and
one month ago for the week of 2025-06-05, the
average rate was 7.12%.
Sheridan's average rate one year ago was 6.92%.
For refis of the same type during the week of 2025-07-10, the average rate
was 6.62%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-10 | 6.72% |
| Sheridan 30 Year Fixed Rate | 2025-07-10 | 6.69% |
| Sheridan 30 Year Fixed Rate Refi | 2025-07-10 | 6.62% |
| Sheridan 15 Year Fixed Rate | 2025-07-10 | 5.66% |
| Sheridan 15 Year Fixed Rate Refi | 2025-07-10 | 5.96% |
| Sheridan 30 Year FHA | 2025-07-10 | 6.52% |
| Sheridan 30 Year FHA Refi | 2025-07-10 | 6.62% |
| Sheridan 30 Year USDA | 2025-07-10 | 6.35% |
| Sheridan 30 Year USDA Refi | 2025-07-10 | 6.65% |
| Sheridan 30 Year VA | 2025-07-10 | 6.37% |
| Sheridan 30 Year VA Refi | 2025-07-10 | 6.27% |
Sheridan Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Sheridan, WY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Sheridan Average Closing Costs & Other Stats
Sheridan, WY's 40 lenders originated 476
loans during 2024. The total origination value was $148,240,000, with an average loan value of
$311,429.
Sheridan's average closing costs are $5,655.
The top Sheridan lender as defined by loan originations is Century Mortgage Company DBA Century Lending Company, with
29 loans originated. Their average total fees are
$6,252, which is $3,219
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Sheridan lenders (with over 10 loans originated) are
Glacier Bank ($5,898), Century Mortgage Company DBA Century Lending Company ($6,252), AMERICAN PACIFIC MORTGAGE CORPORATION ($8,028), QUICKEN LOANS, LLC ($8,949) and UNITED WHOLESALE MORTGAGE, LLC ($9,471).
The lowest rate Sheridan lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.35%), Glacier Bank (6.49%), Century Mortgage Company DBA Century Lending Company (6.64%), AMERICAN PACIFIC MORTGAGE CORPORATION (6.87%) and UNITED WHOLESALE MORTGAGE, LLC (7.00%).
Sheridan, WY Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| Century Mortgage Company DBA Century Lending Company | $900,000 | $22,765,000 | 2,429.4% | 15.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $2,925,000 | $15,245,000 | 421.2% | 10.3% |
| Glacier Bank | $10,085,000 | $14,985,000 | 48.6% | 10.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $9,310,000 | $11,060,000 | 18.8% | 7.5% |
| QUICKEN LOANS, LLC | $7,140,000 | $10,580,000 | 48.2% | 7.1% |
| Little Horn State Bank | $6,345,000 | n/a | 4.3% | |
| Mortgage Research Center, LLC | $5,300,000 | $4,545,000 | -14.2% | 3.1% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $4,005,000 | n/a | 2.7% | |
| First Interstate Bank | $11,010,000 | $3,685,000 | -66.5% | 2.5% |
| Plains Commerce Bank | $2,875,000 | n/a | 1.9% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,390,000 | $2,870,000 | 106.5% | 1.9% |
| CMG MORTGAGE, INC. | $2,560,000 | n/a | 1.7% | |
| U.S. Bank | $1,975,000 | $2,060,000 | 4.3% | 1.4% |
| USAA Federal Savings Bank | $990,000 | $2,050,000 | 107.1% | 1.4% |
| PENNYMAC LOAN SERVICES, LLC | $580,000 | $1,915,000 | 230.2% | 1.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $770,000 | $1,910,000 | 148.1% | 1.3% |
| FREEDOM MORTGAGE CORPORATION | $175,000 | $1,805,000 | 931.4% | 1.2% |
| NAVY FEDERAL CREDIT UNION | $2,055,000 | $1,520,000 | -26.0% | 1.0% |
| LOANDEPOT.COM, LLC | $415,000 | $1,500,000 | 261.4% | 1.0% |
| NEWREZ LLC | $1,020,000 | $1,435,000 | 40.7% | 1.0% |
| DEEPHAVEN MORTGAGE LLC | $1,380,000 | n/a | 0.9% | |
| BAY EQUITY LLC | $1,165,000 | $1,345,000 | 15.5% | 0.9% |
| Stifel Bank and Trust | $1,285,000 | $1,330,000 | 3.5% | 0.9% |
| PLAZA HOME MORTGAGE, INC. | $1,170,000 | n/a | 0.8% | |
| Wells Fargo Bank | $2,820,000 | $1,120,000 | -60.3% | 0.8% |
| PENTAGON FEDERAL CREDIT UNION | $425,000 | $1,090,000 | 156.5% | 0.7% |
| The Federal Savings Bank | $720,000 | $1,075,000 | 49.3% | 0.7% |
| TJC Mortgage, Inc. | $995,000 | n/a | 0.7% | |
| Servion, Inc. | $185,000 | $965,000 | 421.6% | 0.7% |
| The Huntington National Bank | $915,000 | n/a | 0.6% | |
| Jonah Bank of Wyoming | $980,000 | $905,000 | -7.7% | 0.6% |
| BROKER SOLUTIONS, INC. | $235,000 | $815,000 | 246.8% | 0.5% |
| The Loan Store, Inc. | $665,000 | n/a | 0.4% | |
| TOWN AND COUNTRY Credit Union | $635,000 | n/a | 0.4% | |
| JPMorgan Chase Bank | $940,000 | $630,000 | -33.0% | 0.4% |
| TrailWest Bank | $630,000 | n/a | 0.4% | |
| Figure Lending LLC | $120,000 | $605,000 | 404.2% | 0.4% |
| Morgan Stanley Private Bank | $1,305,000 | $605,000 | -53.6% | 0.4% |
| Pinnacle Bank - Wyoming | $165,000 | $590,000 | 257.6% | 0.4% |
| HOMEXPRESS MORTGAGE CORP. | $585,000 | n/a | 0.4% | |
| Equity Prime Mortgage LLC | $560,000 | n/a | 0.4% | |
| GUARANTEED RATE, INC. | $550,000 | n/a | 0.4% | |
| Starion Bank | $545,000 | n/a | 0.4% | |
| Commerce Home Mortgage, Inc. | $135,000 | $535,000 | 296.3% | 0.4% |
| ALLIANT CREDIT UNION | $505,000 | n/a | 0.3% | |
| LAKEVIEW LOAN SERVICING, LLC | $225,000 | $505,000 | 124.4% | 0.3% |
| BMO Harris Bank | $585,000 | $455,000 | -22.2% | 0.3% |
| F&A Federal Credit Union | $455,000 | n/a | 0.3% | |
| PHH Mortgage Corporation | $145,000 | $445,000 | 206.9% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $425,000 | n/a | 0.3% | |
| MICHIGAN MUTUAL, INC. | $415,000 | n/a | 0.3% | |
| North American Savings Bank, F.S.B. | $415,000 | n/a | 0.3% | |
| Gateway First Bank | $12,685,000 | $405,000 | -96.8% | 0.3% |
| Barrington Bank & Trust Company, N.A. | $375,000 | $385,000 | 2.7% | 0.3% |
| Truist | $315,000 | n/a | 0.2% | |
| WYHY | $315,000 | n/a | 0.2% | |
| NEW DAY FINANCIAL, LLC | $770,000 | $305,000 | -60.4% | 0.2% |
| Bank of Colorado | $155,000 | $275,000 | 77.4% | 0.2% |
| Blue Federal Credit Union | $705,000 | $275,000 | -61.0% | 0.2% |
| Bank of America | $2,040,000 | $255,000 | -87.5% | 0.2% |
| Discover Bank | $230,000 | n/a | 0.2% | |
| AMERISAVE MORTGAGE CORPORATION | $575,000 | $225,000 | -60.9% | 0.2% |
| Home Mortgage Alliance Corp | $225,000 | n/a | 0.2% | |
| V.I.P. MORTGAGE, INC. | $425,000 | $225,000 | -47.1% | 0.2% |
| GUILD MORTGAGE COMPANY | $870,000 | $210,000 | -75.9% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $195,000 | n/a | 0.1% | |
| BLACK HILLS FEDERAL CREDIT UNION | $185,000 | n/a | 0.1% | |
| Altana Federal Credit Union | $145,000 | n/a | 0.1% | |
| MID AMERICA MORTGAGE, INC. | $135,000 | n/a | 0.1% | |
| UMB Bank | $325,000 | $135,000 | -58.5% | 0.1% |
| ANB Bank | $80,000 | $90,000 | 12.5% | 0.1% |
| 21ST MORTGAGE CORPORATION | $45,000 | $55,000 | 22.2% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $25,000 | $55,000 | 120.0% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $295,000 | $35,000 | -88.1% | 0.0% |
| CHARTWAY FEDERAL CREDIT UNION | $25,000 | n/a | 0.0% | |
| Coastal Community Bank | $245,000 | $25,000 | -89.8% | 0.0% |
Sheridan's top lender by overall market share is Century Mortgage Company DBA Century Lending Company, with 15.4% market share. In second place, with 10.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $15,245,000 in loans. In third place, with 10.1%, is Glacier Bank, having originated $14,985,000 in loans. In fourth place, with 7.5%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $11,060,000 in loans. In fifth place, with 7.1%, is QUICKEN LOANS, LLC, having originated $10,580,000 in loans.
Sheridan, WY Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 265 | $96,725,000 | $365,000 |
| Cash Out Refi | 72 | $21,380,000 | $296,944 |
| Refi | 54 | $20,750,000 | $384,259 |
| Home Improvement | 45 | $5,475,000 | $121,667 |
| Other | 40 | $3,910,000 | $97,750 |
Sheridan's most frequently cited loan purpose was Home Purchase, with 265 originations. The 2nd most popular reason was Cash Out Refi, with 72 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 164 | $58,500,000 | $356,707 |
| Over 8% | 114 | $12,640,000 | $110,877 |
| 5-6% | 86 | $36,810,000 | $428,023 |
| 7-8% | 76 | $27,960,000 | $367,895 |
| 4-5% | 12 | $4,450,000 | $370,833 |
| <2.5% | 9 | $85,000 | $9,444 |
| 3-4% | 1 | $505,000 | $505,000 |
| 2.5-3% | 1 | $315,000 | $315,000 |
During 2024, Sheridan's most frequently originated rate bucket was 6-7%, with 164 originations.
Loan Sizing (Sheridan, WY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 192 | $57,910,000 | $301,615 |
| $100,000 or less | 100 | $4,930,000 | $49,300 |
| $400k-600k | 91 | $43,505,000 | $478,077 |
| $100k-200k | 58 | $8,630,000 | $148,793 |
| $600k-1000k | 28 | $20,290,000 | $724,643 |
| $Over $1MM | 7 | $12,975,000 | $1,853,571 |
Sheridan's loan sizing saw the bucket of loans from $200k-400k with 192 originations, totaling $57,910,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 168 | $65,610,000 | $390,536 |
| Under 20% | 96 | $5,740,000 | $59,792 |
| 60-80% | 78 | $37,770,000 | $484,231 |
| 40-60% | 55 | $15,965,000 | $290,273 |
| 20-40% | 48 | $8,200,000 | $170,833 |
| Over 100% | 11 | $5,445,000 | $495,000 |
Sheridan's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 168 originations, totaling $65,610,000 in origination value.