The First Time Home Buyers Loan (WCDA)

 

Have you been thinking about buying a new home, but you're a little short on cash? If you're a First Time Home Buyer and you meet the WCDA Guidelines, you could be on your way to owning a new home! In today's market with high real estate prices, struggling to come up with a down payment to buy a home can be a daunting task. Fortunately, there are options that can help. There's a state program known as Wyoming Community Development Authority (WCDA). This program allows first time home buyers to purchase a home at lower than the average interest rates, with No Money Down! The advantage, especially when housing prices are escalating, is that you can enter the housing market without waiting to save up a down payment and keep your payments affordable.

However, there are some stipulations and requirements to qualify for this First Time Home Buyer program.

 

 

You may be eligible for a WCDA loan if:

  • You buy a home in Wyoming
  • You are a first-time homebuyer or have not owned a home, as a principal residence, during the last three years
  • Your total annual household income is at or below the income limits
  • You are purchasing a home that is below the WCDA purchase price limits

Income Guidelines: 1-2 person family gross income not to exceed $63,900

3 or more person family gross income not to exceed $73,400

  • You have a reasonable credit score
  • You are buying the home as your principal residence.

WCDA has Some Great Loan Programs!

 

Standard WCDA Program

4.75% FIXED* -Purchase Price up to $236,000

 

Spirit of Wyoming

DO NOT have to be a first time home buyer

Occupations which have been determined to be critical to the

health and vitality of Wyoming's Cities and Towns.

4.5-5.0%* Step Rate- Purchase price up to $236,000

 

Spruce Up I or II Wyoming -Have a need for at least $5000-$15,000 in repairs!

Starting at 4.75% FIXED* -Purchase Price up to $236,000

 


To qualify for the WCDA loan, simply Click Here Now and lets find out! It's Quick, Easy & Free! Verification of qualification will be provided within 24-48 business hours!



If you have already been qualified for a mortgage loan, then Click Here Now and be directed to my Property Alert Service! This service will set you up to see all the homes for sale in Casper, from all the real estate agents that match your buying criteria! You'll know about the homes before the average buyer will!

*Interest rates and available funds subject to change without notice. Fixed and variable rates may apply

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