DSCR Loans in Wyoming

Wyoming's no state income tax, ultra-low property taxes, and Jackson Hole's premium STR market create unique DSCR opportunities in the Mountain West.

$335K
Median Home Price
$1,300/mo
Median Monthly Rent
0.88x
Est. DSCR at Median
70+
Lenders in Network
Match Me With a Wyoming Specialist

MARKET OVERVIEW

Wyoming DSCR Loan Market

Wyoming is the least populous state in the country, but it offers unique DSCR investment opportunities. Jackson Hole is one of the most exclusive resort markets in America, with STR properties generating premium income. Cheyenne benefits from proximity to Colorado's Front Range and military presence (F.E. Warren AFB). Wyoming has no state income tax and very low property taxes (0.56%). Long-term rental DSCR ratios are tight due to limited rental demand relative to prices, making the STR DSCR program the most relevant product. The state is extremely landlord-friendly with minimal regulation.

LANDLORD-FRIENDLY STATE

Top Investor Cities

  • Cheyenne
  • Casper
  • Jackson
Effective Property Tax Rate
0.56%

Monthly tax on $335,000 property: $156/mo

REQUIREMENTS

DSCR Loan Requirements in Wyoming

Licensing & Regulatory

Loans in Wyoming are originated by [Broker A], NMLS# [XXXXXX], licensed in Wyoming.

All lending decisions and terms are determined solely by the matched broker and their wholesale lending partners.

Common Property Types

  • Single-Family Rentals
  • Short-Term Rentals
  • Condos/Townhomes

Down Payment & LTV

  • Standard DSCR: 20% minimum down (80% LTV)
  • No-Ratio DSCR: 30% minimum down (70% LTV)
  • 30%+ down unlocks No-Ratio DSCR programs and broader lender access

Appraisal & Rent Schedule

  • Form 1007 rent schedule required with appraisal
  • Appraisal estimates market rent for DSCR calculation
  • STR properties: AirDNA projected income accepted

DEAL EXAMPLE

Sample DSCR Deal in Cheyenne, Wyoming

Single-Family Rental

Cheyenne, Wyoming

DSCR
Purchase Price $315,000
Down Payment 25% ($78,750)
Loan Amount $236,250
Loan Type 30-Year Fixed DSCR

Monthly Breakdown

Principal & Interest $1,572
Property Tax $147
Insurance $160
Total PITIA $1,879
Monthly Rent $1,400
DSCR Ratio
0.90x
Monthly Cash Flow
-$79
Close Time
25 days
DSCR = $1,400 ÷ $1,879 = 0.90x

This borrower closed in 25 days with no income verification, no tax returns, and no employment check.

Results may vary. This is a representative example, not a guarantee of future performance.

This deal example is for illustrative purposes only and is based on representative scenarios across our broker network. Actual loan terms, approval, and closing depend on your full credit profile, property details, appraisal, and the matched lender's specific guidelines. This is not a loan offer or commitment to lend.

FREQUENTLY ASKED

DSCR Loan Questions for Wyoming Investors

DSCR loans in Wyoming require a minimum 660 credit score, 20% minimum down payment, and non-owner-occupied status. No income docs or tax returns needed. The No-Ratio and STR DSCR programs are most relevant for Wyoming's market.

Rates start from 5.99% for 740+ FICO with 35%+ down. Most Wyoming investors see rates between 6.75% and 7.75%.

Yes. Jackson Hole is a world-class STR market with premium nightly rates during ski season and summer tourism. Yellowstone-adjacent properties also generate strong seasonal income. Our STR DSCR program uses projected income to qualify.

Wyoming's effective property tax rate is approximately 0.56%, among the lowest in the nation. On a $315,000 property, that's only $147/month. This low rate helps offset the tighter DSCR ratios from Wyoming's price-to-rent dynamics.

Yes. DSCR loans have no owner-occupancy requirement. Wyoming's no income tax, low property taxes, and strong LLC protections make it attractive for out-of-state investors. Jackson Hole properties attract nationwide investment.

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Loans in Wyoming are originated by [Broker A], NMLS# [XXXXXX], licensed in Wyoming. is not affiliated with DSCRBroker.com except as a participating broker in our matching network. All lending decisions and terms are determined solely by the matched broker and their wholesale lending partners.