Sheridan Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Sheridan averaged 6.68% for the week of 2025-06-18, compared to the national average of 6.81% for the same period.

The average rate for the prior week (2025-06-12) was 7.01% and one month ago for the week of 2025-05-15, the average rate was 6.68%.

Sheridan's average rate one year ago was 7.22%.

For refis of the same type during the week of 2025-06-18, the average rate was 7.21%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-06-18 6.81%
Sheridan 30 Year Fixed Rate 2025-06-18 6.68%
Sheridan 30 Year Fixed Rate Refi 2025-06-18 7.21%
Sheridan 15 Year Fixed Rate 2025-06-18 5.76%
Sheridan 15 Year Fixed Rate Refi 2025-06-18 5.96%
Sheridan 30 Year FHA 2025-06-18 -0.1%
Sheridan 30 Year FHA Refi 2025-06-18 -0.1%
Sheridan 30 Year USDA 2025-06-18 -0.2%
Sheridan 30 Year USDA Refi 2025-06-18 -0.1%
Sheridan 30 Year VA 2025-06-18 0.1%
Sheridan 30 Year VA Refi 2025-06-18 0.1%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Sheridan, WY.

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.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Century Mortgage Company DBA Century Lending Company 29 6.64% $6,252
UNITED WHOLESALE MORTGAGE, LLC 20 7.00% $9,471
AMERICAN PACIFIC MORTGAGE CORPORATION 17 6.87% $8,028
QUICKEN LOANS, LLC 15 6.35% $8,949
Glacier Bank 11 6.49% $5,898
Plains Commerce Bank 5 6.38% $8,284
Wells Fargo Bank 3 6.63% $4,751
First Interstate Bank 3 7.00% $4,057
JPMorgan Chase Bank 2 7.43% $2,550
BAY EQUITY LLC 2 6.81% $8,252
GUARANTEED RATE, INC. 2 6.43% $5,413
Stifel Bank and Trust 2 5.81% $2,650
PENNYMAC LOAN SERVICES, LLC 2 6.25% $11,322
The Loan Store, Inc. 2 6.75% $4,804
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.56% $3,225
Mr. Cooper ( Nationstar Mortgage ) 2 6.81% $7,532
CMG MORTGAGE, INC. 2 6.49% $5,685
Jonah Bank of Wyoming 2 6.13% $10,192
Starion Bank 1 5.88% $2,403
The Huntington National Bank 1 6.63% $4,277
U.S. Bank 1 6.63% $3,330
V.I.P. MORTGAGE, INC. 1 4.25% $3,784
Morgan Stanley Private Bank 1 6.20% $3,115
BLACK HILLS FEDERAL CREDIT UNION 1 8.50% $4,527
Blue Federal Credit Union 1 7.13% $5,130
BROKER SOLUTIONS, INC. 1 7.63% $7,136
Commerce Home Mortgage, Inc. 1 7.13% $17,275
DEEPHAVEN MORTGAGE LLC 1 7.25% $6,269
F&A Federal Credit Union 1 5.75% $1,268
Gateway First Bank 1 6.00% $19,641
GUILD MORTGAGE COMPANY 1 6.63% $3,645
LOANDEPOT.COM, LLC 1 7.13% $9,297
MICHIGAN MUTUAL, INC. 1 6.13% $8,622
ALLIANT CREDIT UNION 1 6.75% $2,366
Mortgage Research Center, LLC 1 6.38% $12,892
NAVY FEDERAL CREDIT UNION 1 6.63% $1,028
PHH Mortgage Corporation 1 5.63% $8,480
Pinnacle Bank - Wyoming 1 6.50% $8,036
PLAZA HOME MORTGAGE, INC. 1 7.75% $12,547
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.99% $7,218

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.