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
As much as $15,000
Type of help
A loan you repay
Only first-time buyers
No
Your credit score
At least 620

Repayable loan: a fixed-rate loan you pay back in low monthly amounts over no more than 10 years.

A repayable loan works as a small second mortgage that you pay off monthly, usually bundled into the payment on your main home loan.

Who qualifies for Wyoming Amortizing DPA Loan Product?

  • The agency sets income limits for its Advantage loan, and your income must be at or below them.
  • Being a first-time buyer isn't required.
  • Your credit score needs to be 620 or above.
  • This help is tied to the Advantage loan the agency offers.
  • Purchase price limit: none (Advantage first mortgage).

Your county and household size determine most limits. Use our HUD income limits lookup to see your area's median income and how your household compares.

How to apply for Wyoming Amortizing DPA Loan Product

  1. The Wyoming Community Development Authority sends this help through its approved lenders. You apply through one of those lenders, together with your home loan.
  2. After checking that the home, your income and your credit meet the program's rules, the lender reserves the money for you.
  3. At closing, the money goes toward your down payment and closing costs.

Go to Wyoming Community Development Authority's page for Amortizing DPA Loan Product for the full rules and to see whether it's taking applications. You can also find a lender on the agency's participating lender list.

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

Prefer not to call? Share your details and the lender will contact you.

More programs for first-time buyers in Wyoming

All first-time home buyer programs in Wyoming · Down payment help in every state