Wyoming Down Payment Assistance Program
$15,000
Housing & Homeownership
About the Program
WCDA’s Down Payment Assistance (DPA) loan products help borrowers achieve their dream of homeownership. These products assist borrowers with their down payment, closing costs, and prepaids. Each DPA loan product has these basic features:
- $15,000 maximum loan amount
- 620 minimum credit score
- $1,500 minimum borrower contribution required (may be a gift)
Home$tretch DPA Loan Product
- May be used with the [First-time Homebuyer,]() Spruce Up products only
- 0% interest rate and 0.080% APR based on an average loan amount of $5,500
- No monthly payment
- Due upon sale of the home, refinance or 30 year maturity
Amortizing DPA Loan Product
- May be used only with the [Advantage]() product
- Fixed interest rate
- Fully amortizing, low monthly payments
- Maximum 10 year term
Explore Communities Across Wyoming
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