Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the State Mortgage Licensing Authority of Wyoming before hiring.
Showing 7 home equity loan specialists in Rock Springs, WY
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Meridian Trust Federal Credit Union
601 College Dr, Rock Springs, WY 82901
(307) 362-1810
mymeridiantrust.com
PRMG- Paramount Residential Mortgage Group- Gina Timothy
2632 Foothill Blvd Suite 202, Rock Springs, WY 82901
(307) 466-2139
prmg.net
Franklin Prestige Mortgage
2632 Commercial Way, Rock Springs, WY 82901
(307) 776-0179
franklinprestige.com
What Does a Home Equity Loan Specialist in Rock Springs Cost?
Typical costs for a home equity loan specialist in Wyoming include an origination fee of 0.5 to 1.5 percent of the loan amount plus appraisal fees ranging from 400 to 700 dollars. Closing costs in Rock Springs usually total between 500 and 2000 dollars depending on the loan size and lender. Some specialists may charge a flat fee or hourly rate for consulting. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What is a home equity loan specialist in Rock Springs Wyoming?
A home equity loan specialist is a mortgage professional who helps homeowners borrow against the equity in their home. In Wyoming these specialists must be licensed under the Wyoming Residential Mortgage Practices Act and follow state regulations for loan origination.
How much equity do I need for a home equity loan in Wyoming?
Most lenders in Wyoming require at least 15 to 20 percent equity in your home after the loan. This means your loan to value ratio cannot exceed 80 to 85 percent. Your specialist can calculate your specific equity based on a current appraisal.
Are there Wyoming specific laws for home equity loans?
Yes Wyoming law requires lenders to provide a clear disclosure of terms including the annual percentage rate and total finance charges. Wyoming also has a three day right of rescission for home equity loans secured by your primary residence under federal Regulation Z.