Question 1

Is Manual Underwriting Allowed in the Program?

Accepted Answer

Yes. Manual underwriting is permitted and underwriters must follow US Bank and Agency guidelines for the product (FHA, VA, USDA: RD, etc.). It is not allowed for Manufactured Homes.

Question 2

Is There an Income Limit?

Accepted Answer

Yes. Please see the "Income Limits" section on our "About" page.

Question 3

Are Co-Signers Allowed?

Accepted Answer

Yes. 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.)

Question 4

Will Using the Program Slow Down the Closing of my Loan?

Accepted Answer

No. Using the program should not slow down loan closing. Borrowers should utilize the services of a trained and qualified lender.

Question 5

Is Homebuyer Education Required?

Accepted Answer

Yes. All borrowers must complete a homebuyer education course and receive a certificate of completion. Ask an approved Welcome Home Wyoming Program lender for more details.

Question 6

Are Manufactured Home Allowed?

Accepted Answer

Yes. Ask an approved Welcome Home Wyoming Program lender for more details.

Question 7

Are Conventional Loans Offered?

Accepted Answer

Yes. The Welcome Home Wyoming Program offers products made possible by Freddie Mac and Fannie Mae.

Frequently Asked QUESTIONS:

Is Manual Underwriting Allowed in the Program?

Is There an Income Limit?

Are Co-Signers Allowed?

Will Using the Program Slow Down the Closing of my Loan?

Is Homebuyer Education Required?

Are Manufactured Home Allowed?

Are Conventional Loans Offered?

How Can We Help?

We'll respond as soon as we can!

By clicking the Submit button above, you are agreeing to be contacted
by our team or a participating lender in the KansasDPA program.

Frequently Asked QUESTIONS:

Is Manual Underwriting Allowed in the Program?

Is There an Income Limit?

Are Co-Signers Allowed?

Will Using the Program Slow Down the Closing of my Loan?

Is Homebuyer Education Required?

Are Manufactured Home Allowed?

Are Conventional Loans Offered?

How Can We Help?

We'll respond as soon as we can!

By clicking the Submit button above, you are agreeing to be contacted by our team or a participating lender in the KansasDPA program.

By clicking the Submit button above, you are agreeing to be contacted
by our team or a participating lender in the KansasDPA program.