Wyoming FHA Loan Rates, Closing Costs & Stats

Wyoming

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    Wyoming FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Wyoming averaged 6.43% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

    Wyoming's average FHA mortgage closing costs are $8,046.

    The average rate for the prior week (2025-03-28) was 6.23% and one month ago for the week of 2025-02-28, the average rate was 6.41%.

    The average rate one year ago was 6.73%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.15%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Wyoming FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Wyoming level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 198 6.10% $10,975
    QUICKEN LOANS, LLC 183 6.32% $12,029
    GUILD MORTGAGE COMPANY 178 6.46% $11,196
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 145 6.46% $11,347
    Wallick & Volk, Inc. 99 6.50% $9,501
    CROSSCOUNTRY MORTGAGE, LLC 86 6.29% $12,114
    BAY EQUITY LLC 64 6.32% $11,044
    Glacier Bank 60 6.25% $9,648
    WESTERN VISTA 41 6.11% $9,664
    FREEDOM MORTGAGE CORPORATION 38 6.27% $14,384
    Jonah Bank of Wyoming 33 5.86% $11,767
    Century Mortgage Company DBA Century Lending Company 30 6.10% $13,640
    CMG MORTGAGE, INC. 24 6.96% $11,692
    NEWREZ LLC 23 6.02% $10,100
    Pinnacle Bank - Wyoming 23 5.99% $9,796
    MUTUAL OF OMAHA MORTGAGE, INC. 20 6.30% $17,583
    AXIA FINANCIAL, LLC 19 6.34% $9,522
    Plains Commerce Bank 19 6.48% $11,809
    PENNYMAC LOAN SERVICES, LLC 19 5.95% $11,246
    First Western Trust Bank 19 5.99% $10,030
    LOANDEPOT.COM, LLC 19 6.33% $12,312
    Paramount Residential Mortgage Group, Inc. 17 6.23% $9,867
    U.S. Bank 17 6.46% $9,922
    LAKEVIEW LOAN SERVICING, LLC 17 6.34% $9,831
    AMERICAN FINANCING CORPORATION 16 6.10% $14,091
    PRIMARY RESIDENTIAL MORTGAGE, INC. 16 6.09% $6,804
    Equity Prime Mortgage LLC 15 7.11% $13,443
    CENTENNIAL LENDING, LLC 15 6.25% $10,542
    BROKER SOLUTIONS, INC. 14 6.76% $11,060
    MOVEMENT MORTGAGE, LLC 11 6.59% $9,577
    AMERICAN PACIFIC MORTGAGE CORPORATION 11 6.53% $12,435
    AMERISAVE MORTGAGE CORPORATION 10 6.18% $16,170
    Mr. Cooper ( Nationstar Mortgage ) 10 6.79% $13,086
    Carrington Mortgage Services, LLC 9 6.58% $14,592
    Mortgage Research Center, LLC 9 6.82% $7,538
    SECURITYNATIONAL MORTGAGE COMPANY 8 6.22% $8,468
    PLANET HOME LENDING, LLC 7 6.18% $10,057
    GUARANTEED RATE, INC. 7 6.11% $15,435
    Flanagan State Bank 6 6.44% $11,602
    RELIANCE FIRST CAPITAL, LLC 5 6.58% $14,381
    ON Q FINANCIAL, INC. 5 6.80% $10,652
    AMERICAN FINANCIAL NETWORK, INC. 5 7.10% $11,095
    PLAZA HOME MORTGAGE, INC. 5 6.22% $19,166
    ZILLOW HOME LOANS, LLC 4 6.41% $9,746
    First Interstate Bank 4 6.06% $7,029
    HOMESIDE FINANCIAL, LLC 4 6.25% $20,638
    The Loan Store, Inc. 4 6.40% $10,636
    VERITAS FUNDING, LLC 4 6.50% $20,716
    V.I.P. MORTGAGE, INC. 4 6.25% $11,515
    Ixonia Bank 3 6.29% $11,967
    INTERCAP LENDING INC. 3 6.96% $13,024
    HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.67% $5,942
    Flagstar Bank, FSB 3 6.54% $11,181
    NFM, INC. 3 6.17% $11,849
    First National Bank of Omaha 3 6.71% $8,527
    OPEN MORTGAGE, LLC 3 6.92% $6,847
    Peak Financial 3 6.38% $7,923
    CORNERSTONE HOME LENDING, INC. 3 6.42% $15,073
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 5.96% $9,680
    Servion, Inc. 3 6.63% $9,464
    VAN DYK MORTGAGE CORPORATION 3 6.25% $10,179
    American Mortgage & Equity Consultants, Inc. 3 6.88% $13,271
    VILLAGE CAPITAL MORTGAGE 3 5.88% $6,975
    MOUNTAIN AMERICA 3 5.54% $8,000
    The Union Bank Company 2 6.00% $11,158
    AmeriHome Mortgage Company, LLC 2 6.56% $4,907
    MID AMERICA MORTGAGE, INC. 2 6.56% $5,390
    SUMMIT FUNDING, INC. 2 6.44% $18,370
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 6.75% $9,386
    Commerce Home Mortgage, Inc. 2 6.69% $11,261
    CHURCHILL MORTGAGE CORPORATION 2 7.19% $10,592
    S1L, Inc. 2 6.50% $11,615
    NEXERA HOLDING LLC 2 6.63% $7,440
    Barrington Bank & Trust Company, N.A. 2 6.50% $11,288
    Northpointe Bank 2 6.63% $12,279
    M&T Bank 2 6.44% $8,606
    ADVANTAGE PLUS 1 5.63% $14,553
    Sierra Pacific Mortgage Company, Inc. 1 6.63% $9,440
    SUN WEST MORTGAGE COMPANY, INC. 1 5.87% $15,495
    SWBC MORTGAGE CORPORATION 1 6.00% $14,659
    T2 FINANCIAL LLC 1 7.25% $13,014
    The Federal Savings Bank 1 6.25% $28,324
    Wells Fargo Bank 1 7.00% $8,013
    Nations Lending Corporation 1 6.00% $15,583
    NATIONS RELIABLE LENDING, LLC 1 6.13% $13,557
    NBH Bank 1 5.75% $11,943
    NBKC BANK 1 5.88% $11,751
    Network Funding, L.P. 1 6.25% $14,952
    TOWNE MORTGAGE COMPANY 1 6.75% $8,942
    NEW WEST LENDING, INC. 1 6.63% $17,080
    UNION HOME MORTGAGE CORP. 1 6.63% $17,909
    OCMBC, INC. 1 6.63% $8,281
    NuVision Federal Credit Union 1 6.50% $9,745
    Bank of England 1 6.75% $15,704
    Paramount Bank 1 6.63% $4,665
    DIRECT MORTGAGE LOANS, LLC 1 7.00% $10,558
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.63% $9,274
    DIRECT MORTGAGE, CORP. 1 6.63% $12,702
    PHH Mortgage Corporation 1 5.63% $7,652
    Pinnacle Bank 1 5.75% $7,426
    CANOPY MORTGAGE, LLC 1 5.75% $8,620
    BOKF 1 7.13% $9,572
    BMO Harris Bank 1 7.13% $6,885
    BELEM SERVICING LLC 1 7.13% $9,323

    The top Wyoming FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 198 FHA loans originated. Their average total fees are $10,975, which is $1,054 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Wyoming FHA lenders (with over 10 loans originated) are PRIMARY RESIDENTIAL MORTGAGE, INC. ($6,804), Wallick & Volk, Inc. ($9,501), AXIA FINANCIAL, LLC ($9,522), MOVEMENT MORTGAGE, LLC ($9,577) and Glacier Bank ($9,648).

    The lowest rate Wyoming FHA lenders (with over 10 loans originated) are Jonah Bank of Wyoming (5.86%), PENNYMAC LOAN SERVICES, LLC (5.95%), First Western Trust Bank (5.99%), Pinnacle Bank - Wyoming (5.99%) and NEWREZ LLC (6.02%).

    Wyoming FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    LARAMIE, WY ALBANY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO BIG HORN 2022 $420,680 $538,650 $651,050 $809,150
    GILLETTE, WY CAMPBELL 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CARBON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CONVERSE 2022 $420,680 $538,650 $651,050 $809,150
    GILLETTE, WY CROOK 2022 $420,680 $538,650 $651,050 $809,150
    RIVERTON, WY FREMONT 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO GOSHEN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HOT SPRINGS 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO JOHNSON 2022 $420,680 $538,650 $651,050 $809,150
    CHEYENNE, WY LARAMIE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LINCOLN 2022 $420,680 $538,650 $651,050 $809,150
    CASPER, WY NATRONA 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO NIOBRARA 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO PARK 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO PLATTE 2022 $420,680 $538,650 $651,050 $809,150
    SHERIDAN, WY SHERIDAN 2021 $489,900 $627,150 $758,100 $942,100
    NON-METRO SUBLETTE 2022 $420,680 $538,650 $651,050 $809,150
    ROCK SPRINGS, WY SWEETWATER 2022 $420,680 $538,650 $651,050 $809,150
    JACKSON, WY-ID TETON 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
    EVANSTON, WY UINTA 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO WASHAKIE 2022 $420,680 $538,650 $651,050 $809,150
    GILLETTE, WY WESTON 2022 $420,680 $538,650 $651,050 $809,150
    LARAMIE, WY ALBANY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO BIG HORN 2023 $472,030 $604,400 $730,525 $907,900
    GILLETTE, WY CAMPBELL 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CARBON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CONVERSE 2023 $472,030 $604,400 $730,525 $907,900
    GILLETTE, WY CROOK 2023 $472,030 $604,400 $730,525 $907,900
    RIVERTON, WY FREMONT 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO GOSHEN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HOT SPRINGS 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO JOHNSON 2023 $472,030 $604,400 $730,525 $907,900
    CHEYENNE, WY LARAMIE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LINCOLN 2023 $472,030 $604,400 $730,525 $907,900
    CASPER, WY NATRONA 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO NIOBRARA 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO PARK 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO PLATTE 2023 $472,030 $604,400 $730,525 $907,900
    SHERIDAN, WY SHERIDAN 2023 $489,900 $627,150 $758,100 $942,100
    NON-METRO SUBLETTE 2023 $472,030 $604,400 $730,525 $907,900
    ROCK SPRINGS, WY SWEETWATER 2023 $472,030 $604,400 $730,525 $907,900
    JACKSON, WY-ID TETON 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
    EVANSTON, WY UINTA 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO WASHAKIE 2023 $472,030 $604,400 $730,525 $907,900
    GILLETTE, WY WESTON 2023 $472,030 $604,400 $730,525 $907,900

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).