Lower · Wyoming · 2025

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

Lower took 39 mortgage applications in Wyoming in 2025, ranking #79 of 411 lenders active in the state. It originated 46.2% of them and denied 20.5% (30.8% of the applications it decided), against a statewide denial rate of 15.6%.

39Applicationsin WY
30.8%Decision denial ratestate 19.6%
6.19%Median ratestate 6.50%
$315,000Median loanstate $235,000
$6.1MVolume11 counties

Lower in Wyoming vs the state

20.5%Denial rate+4.95 pts vs state
30.8%Decision denial rate+11.18 pts vs state
46.2%Origination rate-14.86 pts vs state
6.19%Median rate-0.31 pts vs state
0.38Rate spread (pts)+0.15 pts vs state
$106kMedian applicant income
18Loans originated
8Denied

Trend in Wyoming

YearApplicationsOriginatedDenial rateMedian rateRank in state
20241596.7%6.25%#116
2025391820.5%6.19%#79

What Lower lends in Wyoming

By loan purpose

Home purchase 11 28% · 27.3% denied
Refinance 6 15% · 0.0% denied
Cash-out refinance 22 56% · 22.7% denied

By loan type

Conventional 11 28% · 0.0% denied
FHA 19 49% · 31.6% denied
VA 9 23% · 22.2% denied

Why it denied Wyoming applicants

Credit history 4 50%
Debt-to-income ratio 2 25%
Unverifiable information 1 13%
Collateral 1 13%

Where in Wyoming

Counties with the most Lower applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sheridan County 740 0.0%
Laramie County 732 28.6%
Natrona County 621 16.7%
Carbon County 412 50.0%
Park County 310 0.0%
Campbell County 321 33.3%
Goshen County 330 0.0%
Uinta County 201 50.0%
Fremont County 210 0.0%
Converse County 101 100.0%

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: 39 applications in 2025, of which 18 were originated and 8 denied.

20.5% of all applications, or 30.8% of the applications it actually decided on. The Wyoming statewide average across all lenders was 15.6%.

The median rate on loans Lower originated in Wyoming in 2025 was 6.19%, against a statewide median of 6.50%.

About this data. Figures are Lower'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