Frequently Asks Questions

Is manual underwriting allowed in the program?
Yes, manual underwriting is permitted and underwriters must follow US Bank and Agency guidelines for the product. (FHA, VA, USDA: RD, etc.)
Is there an income limit?
Yes, please see income limits.
Are co-signers allowed?
Co-signers are permitted to the extent permitted by applicable agency (FHA, VA, USDA:RD). Treat co-signer/income as directed by the agency. A co-signer cannot have any ownership interest in the property. (They cannot be on the mortgage/DOT/ warranty deed.)
Will using the Program slow down the closing of my loan?
No, it shouldn't the borrower should utilize the services of a trained and qualified lender.
Is homebuyer education required?
Ask an approved Welcome Home Wyoming lender for details.
Are manufactured homes allowed?
Are conventional loans offered?
Yes, Welcome Home Wyoming offers products made possible by Freddie Mac.

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