Sheridan County, Wyoming · 2025

Mortgage lenders in Sheridan County, WY: denial rates and top lenders (2025)

108 lenders acted on 1,117 mortgage applications for properties in Sheridan County in 2025. 14.5% were denied (Wyoming: 15.6%). Median rate on closed loans 6.60%; median loan $285,000; median property value $425,000.

1.1kApplications
14.5%Denial ratestate 15.6%
6.60%Median ratestate 6.50%
$285,000Median loan
$425,000Median property value

Largest lenders in Sheridan County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Glacier Bank D 155105 12.3%6.50%
2 First Federal Bank & Trust B 11386 4.4%7.50%
3 United Shore Financial Services B 7153 11.3%6.13%
4 Kind Lending C 6853 11.8%6.63%
5 First Interstate Bank D 6743 19.4%8.25%
6 Rocket Mortgage C 5439 18.5%6.99%
7 American Pacific Mortgage C 4335 2.3%6.25%
8 Plains Commerce Bank B 3325 3.0%6.49%
9 Freedom Mortgage B 3217 9.4%5.88%
10 Mortgage Research Center C 2510 12.0%6.31%
11 U.S. Bank D 2415 20.8%6.88%
12 The Loan Store B 2317 13.0%6.63%
13 Spring Eq D 229 50.0%10.70%
14 Little Horn State Bank 2222 0.0%
15 Pennymac Loan Services C 179 5.9%6.75%
16 Broker Solutions D 178 17.7%6.06%
17 Discover Bank F 161 62.5%9.24%
18 AmeriSave Mortgage D 142 71.4%7.13%
19 21st Mortgage F 142 64.3%11.25%
20 Stifel Bank and Trust A 1312 0.0%6.13%
21 Loandepot.Com D 1311 7.7%7.88%
22 Newrez D 125 8.3%6.38%
23 Mutual of Omaha Mortgage C 115 27.3%6.00%
24 Navy Federal Credit Union D 114 45.5%6.38%
25 USAA Federal Savings Bank C 97 11.1%6.13%

Best approval odds in Sheridan County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1First Federal Bank & Trust915.5%
2United Shore Financial Services6412.5%
3Kind Lending6113.1%
4Glacier Bank12415.3%
5Rocket Mortgage5020.0%
6First Interstate Bank5722.8%

What Sheridan County borrowers applied for

By loan purpose

Home purchase 513 46% · 5.7% denied
Refinance 169 15% · 8.3% denied
Cash-out refinance 209 19% · 24.4% denied
Home improvement 102 9% · 22.6% denied
Other / HELOC 124 11% · 36.3% denied

By loan type

Conventional 806 72% · 16.3% denied
FHA 131 12% · 12.2% denied
VA 173 15% · 8.1% denied
USDA / RHS 7 1% · 14.3% denied

Why applications were denied

Debt-to-income ratio 54 34%
Credit history 26 17%
Collateral 25 16%
Incomplete application 24 15%
Other 18 11%
Unverifiable information 6 4%
Insufficient cash 4 3%

Sheridan County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202378645316.4%6.75%$255,000
202483147618.3%6.75%$275,000
20251,11769914.5%6.60%$285,000

Frequently asked questions

14.5% of applications in Sheridan County were denied in 2025, against 15.6% statewide in Wyoming.

Glacier Bank, with 155 applications in 2025 and a denial rate of 12.3%.

The median mortgage application in Sheridan County in 2025 was for $285,000; the median property value on originated loans was $425,000.