Wyoming · Second mortgage

WCDA Amortizing DPA (Wyoming)

Fixed-rate DPA over 10 years

Fixed-rate DPA repaid in monthly installments over 10 years. Good if you plan to move before payoff.

WCDA's Amortizing DPA is a fixed-rate second mortgage repaid in monthly installments over 10 years. Unlike deferred options, you pay it off gradually alongside your first mortgage.

This structure is ideal for buyers who plan to sell or refinance before 10 years — you'll only repay what you've owed up to that point, rather than a lump sum triggered by the sale. For shorter-term homeowners, the amortizing option provides predictable payments and a clean payoff schedule.

AmountFixed-rate DPA over 10 years
TypeSecond mortgage
Available inWyoming
First-time buyer requiredYes
Minimum credit score620
Multi-unit eligibleYes — 1-4 units

House-hack eligible

This program can be used on 1-4 unit properties. Live in one unit, rent the others.

Programs that pair with this

FHA Loan Saves ~$33,000 on a $200K home vs 20% down
Federal · Subsidized loan
VA Loan $0 down + no monthly mortgage insurance
Federal · Federal benefit
NACA Program $0 down + $0 closing + $0 PMI + below-market rate
National · Nonprofit program
WCDA Home$tretch (Wyoming) $15,000
Wyoming · Deferred 0% loan
WCDA Spruce Up (Wyoming) Purchase + rehab combined loan
Wyoming · Renovation loan
Wyoming MCC Up to $2K/year tax credit
Wyoming · Annual tax credit
All Wyoming programs →

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