Bootcamp For Buyers

First Time Homebuyer Programs in Wyoming

Wyoming boasts a variety of progressive first-time homebuyer programs via the Wyoming Housing Network (WHN). These programs provide beneficial financial assistance, admirable loan alternatives, and beneficial resources that simplify the journey toward homeownership.

WHN Advantage

The WHN Advantage program presents cost-efficient fixed-rate loans for suitable first-time purchasers.

  • Offers 30-year fixed-rate mortgages with competitive interest rates.
  • Valid for FHA, VA, USDA, and conventional loans.
  • Income and procurement price restrictions apply in relation to location and family size.

Home$tretch Down Payment Assistance

The Home$tretch initiative grants monetary support for the down payment and closing costs of the home.

  • Recommendation of a 10-year fixed-rate secondary mortgage for upfront costs.
  • Can compensate up to 6% of the purchase price or $10,000, whichever is less.
  • A requirement that it must be linked with a WHN primary mortgage loan.

Welcome Home Wyoming

The Welcome Home Wyoming further makes available additional down payment assistance for eligible buyers.

  • Issues a 0% interest deferred loan of up to $3,050.
  • Postponement of repayment until sale, refinance or clearance of the first mortgage.
  • Formulated to complement WHN Advantage loans.

Wyoming’s ingenious first-time homebuyer programs ensure that owning a home is easier and less exorbitant. Investigate these opportune developments to discover which one is most suited to your circumstances and celebrate the exhilarating prospect of securing a beautiful new home in the Equality State.