Spring Eq · Wyoming · 2025

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

Spring Eq took 165 mortgage applications in Wyoming in 2025, ranking #40 of 411 lenders active in the state. It originated 32.1% of them and denied 50.9% (59.6% of the applications it decided), against a statewide denial rate of 15.6%.

165Applicationsin WY
59.6%Decision denial ratestate 19.6%
9.70%Median ratestate 6.50%
$65,000Median loanstate $235,000
$4.4MVolume18 counties

Spring Eq in Wyoming vs the state

50.9%Denial rate+35.35 pts vs state
59.6%Decision denial rate+39.98 pts vs state
32.1%Origination rate-28.89 pts vs state
9.70%Median rate+3.20 pts vs state
3.46Rate spread (pts)+3.23 pts vs state
$120kMedian applicant income
53Loans originated
84Denied

Trend in Wyoming

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023100100.0%#132
2024581358.6%9.60%#65
20251655350.9%9.70%#40

What Spring Eq lends in Wyoming

By loan purpose

Home purchase 1 1% · 100.0% denied
Refinance 11 7% · 45.5% denied
Cash-out refinance 11 7% · 54.6% denied
Home improvement 38 23% · 52.6% denied
Other / HELOC 104 63% · 50.0% denied

By loan type

Conventional 165 100% · 50.9% denied

Why it denied Wyoming applicants

Incomplete application 55 65%
Collateral 11 13%
Credit history 7 8%
Debt-to-income ratio 5 6%
Other 4 5%
Unverifiable information 2 2%

Where in Wyoming

Counties with the most Spring Eq applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Laramie County 381414 36.8%
Sheridan County 22911 50.0%
Campbell County 20612 60.0%
Natrona County 1568 53.3%
Park County 1036 60.0%
Lincoln County 934 44.4%
Teton County 917 77.8%
Sweetwater County 733 42.9%
Uinta County 622 33.3%
Fremont County 614 66.7%

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: 165 applications in 2025, of which 53 were originated and 84 denied.

50.9% of all applications, or 59.6% of the applications it actually decided on. The Wyoming statewide average across all lenders was 15.6%.

The median rate on loans Spring Eq originated in Wyoming in 2025 was 9.70%, against a statewide median of 6.50%.

About this data. Figures are Spring Eq'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