Average VA Purchase Loan amount in Wyoming increases from 2017 to 2018

The average VA Purchase Loan amount for Wyoming in the fiscal year 2018 was $320.9 million, according to figures provided by the Veterans Affairs Home Loans Index.

By comparison, Wyoming's average VA Purchase Loan amount for the previous year was $299.9 million.

The VA assists service members, veterans and eligible surviving spouses to achieve homeownership through loans provided by banks and mortgage companies.

A portion of the loan is guaranteed by the VA, which allows the lender to provide better rates.

A number of VA housing programs can help members buy, build or repair their homes. Loan types may include Purchase Loans, Interest Rate Reduction Refinance Loans (IRRRL), and Adapted Housing Grants, which are geared toward veterans with a service-connected disability.

Want to get notified whenever we write about State of Wyoming ?

Sign-up Next time we write about State of Wyoming, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

State of Wyoming

More News

Metro Business Network