Wyoming DSCR Loans: No Tax Returns, 1.2 DSCR Min, Rates from 6.25%
Rental property financing for Wyoming investors qualified on property cash flow — not personal income, W-2s, or tax returns. Serving Cheyenne, Casper, Laramie and the rest of Wyoming. If the property cash-flows at 1.2× the mortgage, you may qualify.
- 1.2 DSCR minimum
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- 680+ FICO
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- Refi from 6.25%
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- 21–30 day close
Can I get a DSCR rental loan in Wyoming?
Yes. DSCR loans in Wyoming qualify investors based on property cash flow with a 1.2 DSCR minimum, 680+ FICO, and 20–25% down. No tax returns, W-2s, or DTI calculation required. 1–4 unit residential and 5+ unit multifamily eligible. Refi rates start at 6.25%.
Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated May 2026.
Wyoming Rental Market Snapshot
State-level data DSCR underwriters use to size Wyoming rental deals.
Wyoming is a small DSCR market with two distinct profiles. Cheyenne (state capital + F.E. Warren AFB) and Casper (oil/gas) anchor stable LTR demand at 6–8% yields. Jackson Hole is one of the most expensive markets in the country with restricted STR registrations and premium nightly rates. Laramie's UW student housing produces seasonal LTR patterns.
Major Wyoming Markets We Fund
Active DSCR deal flow across Wyoming's core rental markets. Same requirements — 1.2 DSCR, 680+ FICO, 20–25% down — apply statewide.
| Metro | Median Price | Gross Yield | DSCR Investor Notes |
|---|---|---|---|
| Cheyenne | $365K | 6.0–7.5% | State capital + F.E. Warren AFB military, stable LTR demand |
| Casper | $285K | 6.5–8.0% | Oil/gas employment cyclicality, mid-cap-rate market |
| Laramie | $305K | 6.0–7.5% | UW student housing demand, seasonal LTR vacancy patterns |
Wyoming Eviction Timeline & Landlord Posture
How Wyoming courts handle non-payment evictions — material to DSCR loss-severity assumptions.
Wyoming Statute § 1-21-1003 allows a 3-day notice for non-payment. Circuit court forcible-entry actions typically resolve within 14 days of filing.
Wyoming Rate Adjustment vs National Baseline
Smaller, less-liquid market means modest lender premium; energy-employment cyclicality factored into reserves.
Final pricing depends on FICO, LTV, DSCR, property type, and program. Baseline national DSCR refi rates start at 6.25% as of May 2026.
DSCR Lenders Active in Wyoming
The non-bank DSCR programs we see most frequently funding Wyoming rental deals. PeerSense matches your scenario across this lender set rather than locking you into one.
- Kiavi
- Visio Lending
- Lima One
- Velocity Mortgage Capital
PeerSense is independent — not a lender. Lenders listed are programs we have funded Wyoming deals through; specific terms vary by file.
Wyoming DSCR Loan Requirements
| Requirement | Minimum | Notes |
|---|---|---|
| DSCR | 1.20 | 1.00+ allowed with 740 FICO or 30% down |
| Credit Score | 680 FICO | 640–679 by exception, lower LTV |
| Down Payment | 20–25% | 25% if <1.2 DSCR or <700 FICO |
| Property Type | 1–4 units or multifamily | Condos, townhomes, STRs OK where legal |
| Income Docs | None | No tax returns, W-2s, DTI check |
| Reserves | 6 months PITIA | Checking, savings, stocks qualify |
| Close Time | 21–30 days | Cash-out refi: 14–21 days |
Not a commitment to lend. Rates and terms subject to underwriting. See our full DSCR loan guide for the complete program.
Get Wyoming DSCR Loan Terms
DSCR Rental — Response within 4 business hours. No obligation.
Related DSCR Resources
- DSCR Loans Hub — Programs & Rates
- DSCR Rental Loans — Full Program Guide
- DSCR for Airbnb / Short-Term Rentals
- DSCR Cash-Out Refinance
- DSCR Jumbo Loans ($1M+)
- DSCR for LLCs / Entity Title
- Best DSCR Lenders 2026
- DSCR Loans — Complete Guide
- DSCR Calculator — Test Your Property
- Fix & Flip Loans — Bridge to DSCR Exit
- Bridge Loans — Short-Term Rental Acquisition
- DSCR vs Conventional Mortgage