Wyoming VA Loan Rates, Closing Costs & Stats

Wyoming

A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

For additional benefits of VA loans, click here.

Wyoming VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Wyoming averaged 6.36% for the week of 2023-01-27, compared to the national average (all VA variants) of 5.952% for the same period.

Wyoming's average VA mortgage closing costs are $5,744.

The average rate for the prior week (2023-01-20) was 5.89% and one month ago for the week of 2022-12-23, the average rate was 6.56%.

The average rate one year ago was 3.96%.

For refis of the same type during the week of 2023-01-27, the average rate was 5.9%.

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

Wyoming VA Loan Lenders by Rates & Fees

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

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
Mortgage Research Center, LLC 301 2.83% $6,158
QUICKEN LOANS, LLC 268 2.46% $5,175
FREEDOM MORTGAGE CORPORATION 202 2.43% $2,482
Jonah Bank of Wyoming 156 2.35% $6,548
PENNYMAC LOAN SERVICES, LLC 133 2.41% $6,360
First Interstate Bank 123 2.57% $8,288
CHERRY CREEK MORTGAGE, LLC 110 2.73% $5,035
NEW DAY FINANCIAL, LLC 103 2.73% $8,035
Wallick & Volk, Inc. 103 2.95% $8,501
USAA Federal Savings Bank 93 2.85% $4,438
GUILD MORTGAGE COMPANY 79 2.68% $7,002
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 76 2.87% $7,678
LAKEVIEW LOAN SERVICING, LLC 72 2.51% $3,016
Wyoming Bank & Trust 67 2.33% $5,966
Wells Fargo Bank 65 2.47% $3,817
LOANDEPOT.COM, LLC 64 2.52% $4,025
The Federal Savings Bank 64 2.65% $7,660
UNITED WHOLESALE MORTGAGE, LLC 55 2.45% $4,757
NAVY FEDERAL CREDIT UNION 52 2.46% $4,935
BAY EQUITY LLC 44 2.82% $5,167
Low VA Rates, LLC 43 2.42% $4,881
CALIBER HOME LOANS, INC. 42 2.43% $3,957
HOME POINT FINANCIAL CORPORATION 38 2.39% $5,310
Pinnacle Bank - Wyoming 38 2.38% $7,267
CMG MORTGAGE, INC. 37 2.81% $10,463
VILLAGE CAPITAL MORTGAGE 36 2.40% $3,563
Mr. Cooper ( Nationstar Mortgage ) 32 2.79% $4,110
AMERICAN FINANCIAL NETWORK, INC. 29 2.43% $8,378
OPEN MORTGAGE, LLC 28 2.72% $5,211
Barrington Bank & Trust Company, N.A. 26 2.81% $4,935
CENTENNIAL LENDING, LLC 21 2.51% $7,420
U.S. Bank 20 2.67% $6,507
NEWREZ LLC 18 2.72% $4,379
CORNERSTONE HOME LENDING, INC. 18 2.86% $9,042
AMERISAVE MORTGAGE CORPORATION 17 2.67% $6,177
Glacier Bank 16 2.84% $5,524
Magnolia Bank 15 2.62% $9,890
AMERICAN FINANCING CORPORATION 14 2.55% $3,275
Gateway First Bank 14 2.96% $5,825
First Guaranty Mortgage Corporation 13 2.50% $3,616
BROKER SOLUTIONS, INC. 11 2.79% $4,453
NBKC BANK 10 2.51% $3,819
Flagstar Bank, FSB 9 2.55% $7,562
PARTNERS UNITED FINANCIAL, LLC 9 3.14% $9,877
First Federal Bank 9 3.15% $11,064
BNC National Bank 9 2.24% $5,037
WESTERN VISTA 9 2.46% $5,111
CRESCENT MORTGAGE COMPANY 8 2.67% $1,791
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 8 2.58% $7,559
CROSSCOUNTRY MORTGAGE, LLC 8 2.89% $8,946
PLANET HOME LENDING, LLC 8 2.84% $1,581
PRIMARY RESIDENTIAL MORTGAGE, INC. 8 3.13% $6,482
PENTAGON FEDERAL CREDIT UNION 7 2.30% $1,070
MUTUAL OF OMAHA MORTGAGE, INC. 7 2.43% $7,749
Carrington Mortgage Services, LLC 7 3.13% $8,046
HOMEBRIDGE FINANCIAL SERVICES, INC. 6 2.29% $4,215
Colonial Savings, F.A. 6 3.00% $7,624
MORTGAGE SOLUTIONS OF COLORADO, LLC 6 3.15% $8,228
Nations Lending Corporation 6 2.88% $6,240
Meridian Bank Corporation 5 2.30% $7,263
SUN WEST MORTGAGE COMPANY, INC. 5 2.25% $2,180
AMCAP MORTGAGE, LTD. 5 2.68% $6,766
GUARANTEED RATE, INC. 5 2.50% $3,347
FBC MORTGAGE, LLC 5 2.35% $6,978
RELIANCE FIRST CAPITAL, LLC 4 2.81% $5,581
AXIA FINANCIAL, LLC 4 2.97% $3,538
North American Savings Bank, F.S.B. 4 2.38% $5,555
MORIA DEVELOPMENT, INC. 4 2.72% $6,613
MOVEMENT MORTGAGE, LLC 4 2.84% $4,500
Mid-Continent Funding, Inc. 3 2.63% $4,872
ACADEMY MORTGAGE CORPORATION 3 3.13% $8,891
Flanagan State Bank 3 2.79% $5,961
CHURCHILL MORTGAGE CORPORATION 3 2.79% $5,053
NBH Bank 3 2.58% $4,128
Financial Funding Solutions, Inc. 3 2.63% $2,406
HOMESTAR FINANCIAL CORPORATION 3 2.79% $8,310
First Western Trust Bank 3 2.79% $11,161
Paramount Bank 3 2.54% $5,693
SOUTHWEST STAGE FUNDING, LLC 3 3.38% $3,213
PLAZA HOME MORTGAGE, INC. 2 2.88% $11,196
FIRST COLONY MORTGAGE CORPORATION 2 2.88% $10,102
INTERCAP LENDING INC. 2 2.75% $2,259
KS StateBank 2 2.25% $1,136
MANN FINANCIAL INC. 2 3.25% $3,820
Community First National Bank 2 2.75% $2,576
MOUNTAIN AMERICA 2 2.25% $4,702
NP, Inc. 2 2.25% $4,222
Opportunity Bank of Montana 2 2.81% $8,322
Capital Bank 2 2.31% $3,149
BLACK HILLS FEDERAL CREDIT UNION 2 2.38% $3,598
Plains Commerce Bank 2 2.56% $11,670
PREMIER MORTGAGE RESOURCES, L.L.C. 2 2.94% $11,349
Stifel Bank and Trust 2 2.56% $1,910
Texana Bank 2 2.50% $3,065
Unify Home Lending Inc. 2 3.06% $7,674
UNIVERSAL LENDING CORPORATION 2 3.00% $5,803
Bank of England 2 2.69% $9,525
Armed Forces Bank 2 2.38% $11,952
AMERICAN PACIFIC MORTGAGE CORPORATION 2 3.19% $12,124
AMERICAN FINANCIAL RESOURCES, INC. 2 3.81% $3,777
West Gate Bank 2 2.25% $1,517
First Savings Bank 1 3.25% $5,722
CANOPY MORTGAGE, LLC 1 2.75% $8,519
FirstBank 1 2.88% $10,250
PHH Mortgage Corporation 1 2.63% $2,615
First Federal Bank of Kansas City 1 2.25% $3,158
VAN DYK MORTGAGE CORPORATION 1 2.50% $14,132
GUARANTEED RATE AFFINITY, LLC 1 3.00% $600
First Internet Bank of Indiana 1 2.63% $1,793
Arvest Bank 1 3.00% $1,807
Presidential Bank, FSB 1 2.25% $10,242
ZILLOW HOME LOANS, LLC 1 2.88% $3,044
Prime Choice Funding Inc. 1 2.25% $4,082
Bank of Utah 1 2.75% $1,303
GROUP MORTGAGE, LLC 1 2.50% $4,054
RESIDENTIAL BANCORP. 1 2.75% $5,722
Great Plains National Bank 1 2.88% $10,864
First Home Bank 1 2.50% $4,740
Strong Home Mortgage, LLC 1 2.50% $1,023
Sunflower Bank 1 2.75% $3,587
Goldwater Bank, N.A. 1 3.13% $2,771
Washington Trust Bank 1 2.75% $19,191
The Central Trust Bank 1 2.25% $3,079
Bank of the West 1 3.13% $11,035
Truist 1 2.75% $17,974
Watermark Capital, Inc. 1 2.25% $3,323
UNION HOME MORTGAGE CORP. 1 2.25% $9,460
Midwest BankCentre 1 2.38% $2,591
MID AMERICA MORTGAGE, INC. 1 2.25% $1,137
M&T Bank 1 3.25% $4,364
MEGASTAR FINANCIAL CORP. 1 2.25% $2,424
DAS Acquisition Company, LLC 1 3.00% $2,553
CITYWIDE HOME LOANS, LLC 1 3.13% $2,781
Loan Simple, Inc. 1 3.63% $9,124
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 3.13% $3,810
Equity Prime Mortgage LLC 1 2.50% $1,208
Century Mortgage Company DBA Century Lending Company 1 2.88% $2,474
EVANSVILLE TEACHERS 1 2.88% $10,248
Bank of Idaho 1 2.50% $4,344
JAMES B. NUTTER & COMPANY 1 2.75% $3,566
Willamette Valley Bank 1 2.75% $17,269
Ixonia Bank 1 2.75% $3,978

The top Wyoming VA lender as defined by loan originations is Mortgage Research Center, LLC, with 301 VA loans originated. Their average total fees are $6,158, which is $983 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Wyoming VA lenders (with over 10 loans originated) are FREEDOM MORTGAGE CORPORATION ($2,482), LAKEVIEW LOAN SERVICING, LLC ($3,016), AMERICAN FINANCING CORPORATION ($3,275), VILLAGE CAPITAL MORTGAGE ($3,563) and First Guaranty Mortgage Corporation ($3,616).

The lowest rate Wyoming VA lenders (with over 10 loans originated) are Wyoming Bank & Trust (2.33%), Jonah Bank of Wyoming (2.35%), Pinnacle Bank - Wyoming (2.38%), HOME POINT FINANCIAL CORPORATION (2.39%) and VILLAGE CAPITAL MORTGAGE (2.40%).

VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.