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Equality State News

Sunday, December 22, 2024

Q4: VA home loan in Wyoming averages $296,374

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The average VA loan amount in Wyoming during the fourth quarter of the fiscal year 2021 was $296,374, according to the Veterans Affairs Home Loans Index.

The VA assists service members, veterans, and eligible surviving spouses in achieving homeownership through loans provided by banks and mortgage companies.

A portion of the loan is guaranteed by the VA, which allows the lender to provide better rates.

Several VA housing programs can help members buy, build or repair their homes. Loan types may include home purchase loans, interest rate reduction refinance loans (IRRRL), and adapted housing grants, geared toward veterans with a service-connected disability.

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