By Tyler Thompson · NC-Licensed Real Estate Agent · Updated November 2, 2026

Casper WY Down Payment Assistance & Homebuyer Programs

See programs you qualify for

Free to you. We may earn a referral fee from an agent you’re matched with.

Wyoming's state housing agency is based in Casper. At a $260,400 median, its $15,000 down payment assistance goes far. Compare it with a forgivable 3% or 4% second.

Verified Nov. 2026

Quick answer

Casper buyers usually start with the state's Homestretch loan. It lends as much as $15,000 at 0%, with no payments, and is repaid when you sell. Past owners can use the state's amortizing loan instead. Welcome Home Wyoming adds 3% or 4% of your mortgage, forgiven after 30 years. You choose one.

Median home value: $260,400; Census ACS 2020-2024
3% down payment: $7,812; At the median value
Closing costs: $6,500–$9,100; 2.5% to 3.5% of price
Main programs: 3; Plus 7 options for some buyers

Forgivable means you repay nothing if you live in the home for the full term. Sell or move out early and you may owe some or all of it back.

Which program fits your Casper home?

Find the row that describes you, then check the catch before you count on the money.

If you are	Start with	What you get	The catch
First-time buyer near the $260,400 median	Start with:WCDA Homestretch	You get:As much as $15,000, at 0%, no payments	Catch:620 credit and $1,500 of your own; Natrona first-time income up to $116,649 for 3+
Sold or owned a home in the last 3 years	Start with:WCDA Amortizing loan	You get:Up to $15,000, repaid over 10 years	Catch:Adds a monthly payment; only with the Advantage loan, income up to $140,140
Staying put for 30 years	Start with:Welcome Home Wyoming	You get:3% or 4% of your mortgage, forgiven at year 30	Catch:Nothing is forgiven early; a sale or refinance before year 30 repays it all
Veteran or service member	Start with:VA loan	You get:0% down	Catch:Certificate of Eligibility; funding fee unless exempt

Limits: WCDA table (June 22, 2026). Welcome Home Wyoming guide (Nov. 2, 2026; income limits May 12, 2026).

Have a home in mind? Enter its address.

We’ll fill in its city and state on the free eligibility check. A mailing address that says Casper isn’t always inside city limits, so confirm with the program before you make an offer.

How much cash you need in Casper

Median home value (Census ACS 2020-2024)	$260,400
3% down payment (conventional loan)	$7,812
3.5% down payment (FHA loan)	$9,114
Closing costs, 2.5% to 3.5% of price	$6,500–$9,100
Cash needed with 3% down, before any help	$14,312–$16,912
Cash needed after WCDA Homestretch	$0–$1,912

Estimated as 2.5% through 3.5% of the $260,400 price: lender and title fees, Natrona County recording, appraisal, and escrow for property tax and homeowners insurance. Estimate only, not a quote.

Compare Casper's main programs

Program	Who runs it	Help	Paid back?	Who can apply
WCDA Homestretch	Runs it:Wyoming Community Development	Help:Up to $15,000	Paid back?0%, no payments; due on sale, refinance or year 30	Who:First-time loan or Edge loan buyers
WCDA Amortizing loan	Runs it:Wyoming Community Development	Help:Up to $15,000	Paid back?Monthly payments for up to 10 years	Who:Advantage loan buyers, past owners too
Welcome Home Wyoming	Runs it:Cheyenne Housing Authority	Help:3%-4% of your mortgage	Paid back?0%, forgiven after 30 years; due in full on an earlier sale	Who:First-time and past owners

Can you combine them? None of the three can be combined. Homestretch and the amortizing loan each ride on a state first mortgage, and Welcome Home Wyoming uses its own. On a Casper-priced home, the fixed $15,000 usually beats 4% of the loan.

Other help for some Casper buyers

FHLBank Des Moines Home$tart: Member banks and credit unions can reserve this $15,000 grant for first-time buyers. Income must be under 80% of area median, and it is forgiven over 5 years. October funds are fully reserved, so ask whether your lender has any left before December 31.
HUD Good Neighbor Next Door: Half off HUD-listed Casper homes in revitalization areas. It is open to police officers, teachers, firefighters and EMTs who stay 3 years.
HUD $100 down: HUD-owned Casper homes sold to an owner-occupant with FHA financing need just $100 down.

Loan types that work with this help

FHA asks 3.5% down. HomeReady and Home Possible conventional loans ask 3% from lower-income buyers. VA asks nothing down from eligible veterans. Casper itself is too urban for USDA loans.

Three Casper examples

Examples only, not quotes. Closing costs use 3% of the price, the middle of the range above.

$260,400 median home, Homestretch

Price	$260,400
Down payment	$9,114
Closing costs	$7,812
WCDA Homestretch	−$15,000
You bring	$1,926

FHA 3.5% down on the state's first-time loan. The $1,926 left covers the $1,500 minimum the buyer must put in.

$240,000 home with Welcome Home 4%

Price	$240,000
Down payment	$7,200
Closing costs	$7,200
Welcome Home Wyoming 4%	−$9,312
You bring	$5,088

Conventional 3% down, so 4% of the $232,800 loan is $9,312. It suits a buyer who expects to keep the home for decades.

Past owner upsizing to $300,000

Price	$300,000
Down payment	$10,500
Closing costs	$9,000
WCDA Amortizing loan	−$15,000
You bring	$4,500

Figured with 3.5% down on the state's Advantage loan, which skips the first-time rule and allows income up to $140,140. Ask the lender which loan types it pairs with.

How to apply in Casper

1
Take the class at Wyoming Housing Network
Wyoming Housing Network, 2345 E. 2nd St., Casper
Take the class first. The state's first-time loan and Welcome Home Wyoming both require it. The online course costs $75. It ends with a one-on-one session in Casper.
307-233-8518, education@whninc.org · whninc.org
2
Pick a Casper lender on the state list
WCDA participating lenders
Use the state's lender list. Casper names include Hilltop Bank, Guild Mortgage, Fairway, CrossCountry Mortgage, Platte Valley Bank, Jonah Bank and Western Vista Credit Union. Ask about Welcome Home too.
wyomingcda.com
3
Check Natrona County's limits
Wyoming Community Development Authority
Count every adult's income. Natrona's first-time loan allows $101,434 for 1 or 2 people and $116,649 for 3 or more (June 22, 2026). The price cap is $566,354. Census tract 2 has higher limits.
wyomingcda.com
4
Reserve the loan after you sign
Your lender
Sign a contract first. Your lender then reserves the first mortgage and its assistance together. Ask it to price Homestretch and Welcome Home Wyoming side by side.
State agency, 155 N. Beech St.: 307-265-0603 · Loan review: 307-253-1084 · Housing network: 307-233-8518 · ehousingplus.com

Free eligibility check

10 programs and loan options may be available in Casper. See which ones fit you.

Free
No credit check
Takes 2 minutes

Are you a first-time homebuyer?

Yes No Not sure

Question 1 of 6

Free to you. We may earn a referral fee from an agent you’re matched with.

Before you make an offer in Casper

Older homes need a close look

Half of Casper homes were built in 1975 or earlier (Census ACS 2020-2024). Have the furnace, roof and sewer line checked before you remove the inspection contingency.

File the homeowner tax affidavit

File Wyoming's owner-occupied affidavit after you move in. It exempts 25% of the home's value, on up to $1 million. The median Casper owner pays $1,631 in property tax each year (Census ACS 2020-2024).

Frequently Asked Questions

Does Casper's city government offer down payment help?+

No. The City of Casper's housing page sends buyers to the Wyoming Community Development Authority for down payment loans and classes. The Casper Housing Authority, at 145 N. Durbin Street, runs vouchers and public housing, often with a waiting list.

How much cash does a $260,400 Casper home need with Homestretch?+

About $1,926 in this example. FHA's 3.5% down is $9,114 and closing costs near 3% add $7,812. Homestretch's $15,000 covers the rest, and the buyer still puts in at least $1,500.

I sold a house in Casper last year. Which state loan can I use?+

Usually either one. Homestretch pairs with the state Edge loan, and the amortizing loan with Advantage; neither first mortgage has a first-time rule. Each lends up to $15,000, and income must stay under $140,140.

Why would anyone pick Welcome Home Wyoming over $15,000?+

Usually for the forgiveness. Welcome Home's 3% or 4% is forgiven after 30 years, while Homestretch is repaid when you sell or refinance. For a $240,000 house in Casper, 4% of a 3% down conventional loan is $9,312.

Do buyers in Natrona County census tract 2 get higher limits?+

Yes. The state's June 22, 2026 table gives tract 2 a $692,211 price cap and $140,140 for 3 or more people. Elsewhere in Natrona County, the first-time loan stops at $566,354 and $116,649.

Buying elsewhere in Wyoming? Compare all Wyoming home buyer programs →

Sources

Last verified November 2, 2026.

Related Cities

Loan TypesFHA Credit Scores Are Changing in 2027: What Homebuyers Should Know Now
Closing CostsWhat Are Closing Costs and How Much Will You Pay? (2026)
Loan TypesHow FHA Loans Work: A First-Time Buyer's Guide (2026)
Down PaymentHow to Stack Down Payment Assistance Programs (2026)