Wyoming Amortizing DPA Loan Product

Wyoming Community Development Authority offers Amortizing DPA Loan Product to home buyers in Wyoming: up to $15,000, as a repayable loan.

Amount
Up to $15,000
Kind of help
Repayable loan
First-time buyers only
No
Credit score
620 or higher

Repayable loan: fixed-rate loan repaid with low monthly payments over at most 10 years.

A repayable loan is a small second mortgage you pay off each month, usually in the same payment as your main home loan.

Who qualifies for Wyoming Amortizing DPA Loan Product?

  • Your income must be at or below the agency's limits for its Advantage loan.
  • You don't have to be a first-time buyer.
  • A credit score of 620 or higher.
  • It comes with the agency's Advantage loan.
  • Price limit: no purchase price limit (Advantage first mortgage).

Most limits follow your county and household size. Our HUD income limits lookup shows your area's median income and where your household sits.

How to apply for Wyoming Amortizing DPA Loan Product

  1. Wyoming Community Development Authority pays this help out through its approved lenders, so you apply with one of them, together with your home loan.
  2. The lender checks your income, credit and the home against the program's rules and reserves the money for you.
  3. The help is paid at closing, toward your down payment and closing costs.

Read the full rules and whether it is taking applications on Wyoming Community Development Authority's page for Amortizing DPA Loan Product, or pick a lender from the agency's list of participating lenders.

Ask a lender about Wyoming Amortizing DPA Loan Product

Tell us where you're buying and a lender that works with Wyoming's programs can tell you whether Wyoming Amortizing DPA Loan Product fits you, and what you could combine with it.

Call 866-602-7460

Rather not call? Send your details and the lender will reach you.