GROUND-UP CONSTRUCTION · Wyoming (WY) Underwriting Matrix · Stephen R. Mannenbach, J.D., MBA

Wyoming Ground-Up Construction Loans (Spec Homes, Duplex/Fourplex & Build-to-Rent) — 2026 Rates, LTV Caps & State Rules

Wyoming Ground-Up Construction provide business-purpose real estate investors with Up to 85% LTC / 70%–75% Completed ARV across loan amounts from $100,000 – $15,000,000+ at 9.75% – 11.75% Interest-Only on Drawn Funds (12 – 24 Months Interest-Only, 660+ FICO min FICO, 14 – 21 Business Days close). In Wyoming (WY), lenders underwrite to a Non-Judicial (Foreclosure by Advertisement & Sale) statutory framework (60–90 days (+ 3-mo redemption)-day average timeline), a 0.58% average property tax rate (~$167/mo at the $345,000 state median), and $520/$100K hazard insurance (~$150/mo).

Max Leverage / LTC
Up to 85% LTC / 70%–75% Completed ARV
Min FICO: 660+ FICO
2026 Rate Band
9.75% – 11.75% Interest-Only on Drawn Funds
12 – 24 Months Interest-Only
WY Security Instrument
Non-Judicial (Foreclosure by Advertisement & Sale)
60–90 days (+ 3-mo redemption) days avg timeline
WY Avg Tax & Ins
0.58% Tax
$520/$100K Hazard Ins

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Wyoming Ground-Up Construction (2026) — Up to 85% LTC / 70%–75% Completed ARV, 9.75% – 11.75% Interest-Only on Drawn Funds | Stephen R. Mannenbach | Stephen Mannenbach