Discover Bank · Wyoming · 2025

Discover Bank in Wyoming: approval rate, denial rate and rates (2025)

Discover Bank took 162 mortgage applications in Wyoming in 2025, ranking #41 of 411 lenders active in the state. It originated 16.1% of them and denied 57.4% (77.5% of the applications it decided), against a statewide denial rate of 15.6%.

162Applicationsin WY
77.5%Decision denial ratestate 19.6%
9.16%Median ratestate 6.50%
$65,000Median loanstate $235,000
$1.8MVolume19 counties

Discover Bank in Wyoming vs the state

57.4%Denial rate+41.85 pts vs state
77.5%Decision denial rate+57.91 pts vs state
16.1%Origination rate-44.96 pts vs state
9.16%Median rate+2.65 pts vs state
2.76Rate spread (pts)+2.53 pts vs state
$98kMedian applicant income
26Loans originated
93Denied

Trend in Wyoming

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234115356.5%9.74%#10
20244198250.8%9.11%#11
20251622657.4%9.16%#41

What Discover Bank lends in Wyoming

By loan purpose

Home purchase 10 6% · 50.0% denied
Refinance 30 19% · 53.3% denied
Home improvement 36 22% · 44.4% denied
Other / HELOC 86 53% · 65.1% denied

By loan type

Conventional 162 100% · 57.4% denied

Why it denied Wyoming applicants

Credit history 42 45%
Collateral 19 20%
Incomplete application 15 16%
Debt-to-income ratio 10 11%
Other 7 8%

Where in Wyoming

Counties with the most Discover Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Laramie County 39720 51.3%
Natrona County 30616 53.3%
Sheridan County 16110 62.5%
Campbell County 1227 58.3%
Sweetwater County 915 55.6%
Fremont County 815 62.5%
Lincoln County 733 42.9%
Goshen County 505 100.0%
Albany County 523 60.0%
Uinta County 523 60.0%

Other large lenders in Wyoming

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 1,56717.1%6.50%
United Shore Financial ServicesB 1,2818.7%6.12%
Fairway Independent MortgageB 1,1064.2%6.49%
Guild MortgageA 9614.5%6.38%
Glacier BankD 85615.9%6.95%
Mortgage Research CenterC 59916.9%6.25%
Uniwyo Federal Credit UnionC 54115.2%7.50%
Meridian Trust Federal Credit UnionB 52518.3%6.50%
Freedom MortgageB 51211.1%6.19%
First Interstate BankD 51023.5%8.13%

Frequently asked questions

Wyoming: 162 applications in 2025, of which 26 were originated and 93 denied.

57.4% of all applications, or 77.5% of the applications it actually decided on. The Wyoming statewide average across all lenders was 15.6%.

The median rate on loans Discover Bank originated in Wyoming in 2025 was 9.16%, against a statewide median of 6.50%.

About this data. Figures are Discover Bank's own HMDA filing for properties located in Wyoming, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology