Down payment assistance in Wyoming
Wyoming's primary statewide down payment assistance program, run by Wyoming Community Development Authority (WCDA). Numbers and eligibility reflect the program's published 2025 guidelines.
HFA Preferred + DPA
Second mortgage- Maximum assistance
- Up to $15,000 as a second lien at 0% interest
- Income limit
- Up to $134,560
- Home price limit
- Up to $481,176
- First-time buyer
- Preferred (some products)
- Eligible loan types
- FHA, VA, USDA, Conventional
- •0% interest, due-on-sale second lien - no monthly payment.
- •Spruce Up program adds rehab funds for older homes.
How Wyoming DPA fits into your purchase
Down payment assistance reduces the cash you need at the closing table. Wyoming's HFA Preferred + DPA pairs with the standard FHA, VA, USDA, or conventional first mortgage from a participating lender; the DPA flows through the same closing.
Two things to budget for: most state DPA requires a homebuyer-education course (typically online, 6-8 hours, ~$75) and you usually have to use a lender on the agency's approved list. The agency keeps the list public on its website.
Common questions
Wyoming's primary statewide DPA is HFA Preferred + DPA from Wyoming Community Development Authority (WCDA). Up to $15,000 as a second lien at 0% interest. Many Wyoming cities and counties also run additional DPA layered on top.
Some product variants are first-time-buyer only; others are open to repeat buyers. Check the agency page for the current matrix.
Yes. HFA Preferred + DPA works with these loan types: FHA, VA, USDA, Conventional. The DPA is layered behind your first mortgage as a separate lien (or grant), and both close together.
Yes. A second-mortgage DPA has a monthly payment, and that payment is included in your debt-to-income ratio when the lender qualifies you.
Deferred and second-mortgage DPAs are generally repaid in full when you sell, refinance, or pay off the first mortgage.