Top 5 FHA Lenders in Wyoming 2019

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If you’re looking for home financing options in Wyoming, you might have your hands full-- as there are quite a lot of choices on the table. Right now, Wyoming has around 580,000 residents. National mortgage rates are pretty low, and that means this could be a great time to purchase a home in Wyoming. Home values in Wyoming increased by a vast 6% percent between December 2017 and December 2018, and are predicted to increase by another 2.3% in the upcoming 12 months.

With the Wyoming housing market so hot, smart home buyers are doing whatever they can obtain low-cost home financing. And, since FHA loans offer low interest rates, down payments as little as 3.5%, and an ultra-low 580 credit score requirement, they’re often some of the most desirable loans for home buyers like you.

In this article, we’ll review the best FHA approved lenders in Wyoming and how they can help guide you on your quest to home ownership.

2019 Wyoming FHA Lender Best Picks

  • Best for First Time Home Buyers: Premier Home Mortgage

  • Best Online Experience: Guaranteed Rate

  • Best Local Lender: U.S. Bank

  • Best Face-to-Face Experience: Fairway Independent Mortgage Corporation

  • Best Overall Performance: Quicken Loans

#1 Wyoming FHA Lender: Quicken Loans

Finding a mortgage online may have seemed sketchy at best a decade ago, but the amazing team over at Quicken loans has truly set the standard for the online mortgage experience. Quicken Loans (and it’s online division Rocket Mortgage) have made FHA financing as simple and straightforward as possible.

The online FHA loan process is highly geared towards a streamlined user experience. Progress on the status of an FHA loan application can be easily tracked online, and preapproval for an FHA loan can be completed in a matter of minutes.

The service even keeps applicants posted with any documentation they may have forgotten or still need to provide. The real icing on the cake comes from the support staff that can be reached by phone or through the website that is standing by to offer their advisory services and answer any questions a potential borrower may have.

#2 Wyoming FHA Lender: Fairway Independent Mortgage Corporation

A rapidly growing name in the national home finance industry, Fairway Independent Mortgage Corporation is one of the best options for FHA financing across the country. It’s actually never an issue to find a Fairway location when its time to get a home loan. Beyond that, their customer service is well known to be top notch.

Fairway Independent Mortgage Corporation has stunning reviews from its client base over the years. One thing they seem to excel in is cutting down the closing costs that borrowers are expected to pay at the end of a mortgage transaction, as well as facilitation a faster closing.

Fairway may very well be the best option for first time home buyers on this list. Their attention to detail and completely transparent methodology is perfect for obtaining an FHA loan at a great rate in a stress-free environment.

#3 Wyoming FHA Lender: Guaranteed Rate

A Kingpin of the online mortgage trend that plays a large role in FHA financing is Guaranteed Rate. Their participation in the digital mortgage wave leaves many other platforms lacking by comparison.

Guaranteed Rate is also extremely experienced with the origination of FHA loans. FHA financing through one of the best digital mortgage platforms available makes them serious competition to other FHA lenders, and highly favored among repeat and first time home buyers. FHA products are one of highest selling loans through guaranteed rate.

The online platform makes securely uploading the important financial documentation requested for a loan approval fast and easy. Borrowers can even check their credit scores through the service, rather than go elsewhere. Guaranteed Rate is one of the rare few digital mortgage platforms where a mortgage loan can be closed without ever needing to speak with someone unless requested by the home buyer.

#4 Wyoming FHA Lender: Premier Home Mortgage

With humble beginnings in 2004, the small group of loan originators that came together to form Premier Home Mortgage had no idea the impact they would have on their community. Today, Premier Home Mortgage is a company on a mission to make the home finance process seamless and satisfying for their clients, whom they consider family.

With a focus on small town and rural America, the loan officers of PHM seek to create a new culture of mortgage origination that is centered on mutual respect and understanding. Their team believes highly in putting the needs of their clients above all else, and is shows.

Premier Home Mortgage is a statewide treasure trove for FHA financing, and the home buyers who have experienced their impressive dedication and customer service have unwavering loyalty. The team at PMH believes that they must only grow as a direct result of the satisfaction of the families who they work with.

#5 Wyoming FHA Lender: U.S. Bank

With a history dating all the way back to 1863, U.S. Bank is the farthest thing from the new kid on the block. Its strong presence in today’s mortgage market is a testament to their deep commitment to providing affordable home loans with excellent service.

U.S. Bank is well known for their knowledgeable staff and expert loan officers. Chances are, no matter what a borrower’s financial situation may look like, they can come up with a solution.

Experience often trumps trendy advancements, and the face-to-face personalized mortgage services offered by U.S. Bank are a shining example of this. Home buyers never have to worry about a lack of communication or being rushed, and will be treated with the same respect and due diligence as their big-name clients.

Shop Around Before You Get a Wyoming FHA Loan

Our picks for the best FHA lenders in Wyoming may not necessarily represent the best lender for your financial situation, goals, and desires. Everyone’s story is unique, and sometimes the best mortgage terms can be found in the most obscure places. As a home buyer, regardless of experience or lack thereof, the best plan of action is to shop around with multiple lenders to find out which one can provide the ideal home loan that comes with the terms and affordability that best suits any particular financial situation.

While looking at reviews can be a huge help, getting a one on one consultation could mean saving thousands. If you’d like some help in locating the best FHA lender in your area, don't hesitate to contact a mortgage expert!