First Time Homebuyer FAQs – WCDA Home$tretch & Amortizing DPA
OpenWyoming Community Development AuthorityWYFirst-Time Homeowner
Updated: Dec 1, 2025
Summary
This WCDA First Time Homebuyer FAQ document answers common questions about Wyoming down payment assistance, explaining Home$tretch and Amortizing DPA loan terms, credit score requirements, and mandatory homebuyer education for borrowers using WCDA programs.
Benefits
Who Can Apply
Eligible Locations
All Wyoming counties; must meet WCDA income/purchase-price/credit limits and use a participating lender.
Eligibility
Potential and current first-time homebuyers in Wyoming who want to use WCDA funds and DPA, including borrowers with at least a 620 credit score seeking Home$tretch or Amortizing DPA and those willing to complete both online and one-on-one homebuyer education through Wyoming Housing Network.
Full Description
Verification & Details
Based on WCDA Homebuyer page, Home$tretch DPA and standard first-time buyer loan documentation under their 2023 program brochure.
Official source → wyomingcda.comRecommended Resource
First-Time Homebuyer Starter Pack (2025 Edition)
A complete first-time homebuyer toolkit: 9 checklists, timelines, grant guidance, worksheets + editable Excel/Google Sheet budget & affordability calculator.
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