Cheyenne

Metropolitan Statistical Area · MSA Code 16940

According to CFPB HMDA 2024 application volume among tracked metros, Cheyenne ranks #315 of 418.

Mortgage lending activity in the Cheyenne metro area based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this geography during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.

Metro-area mortgage activity. The Cheyenne Metropolitan Statistical Area (MSA code 16940) recorded 5,313 HMDA-reported mortgage applications in 2024. Lenders originated 2,910 of those and denied others at a rate of 14.7%, for an approval (origination) rate of 54.8%. The average loan amount across the MSA was $264,893 at an average note rate of 6.78%. 20 major lenders are tracked for this metro - Fairway Independent Mort CORP, Rocket Mortgage, Wallick and Volk, INC. lead by origination volume. Among the 418 metros tracked, Cheyenne ranks #110 by denial rate (the 74th percentile for approval-friendliness), and shares its 5-point denial-rate band with 117 other tracked metros.

What MSA numbers tell you, and what they don't. Metro area boundaries are defined by the U.S. Office of Management and Budget and typically span multiple counties, so a single Cheyenne denial rate averages across urban core, inner suburbs, and outer commuter communities with very different borrower profiles. A 14.7% denial rate at the MSA level can coexist with widely varying individual-lender denial rates; $264,893 average loan size reflects the MSA's property values and the borrower pool that actually applied, not any single neighborhood. This page is informational data reporting, not financial, legal, or mortgage advice.

5,313
Applications
2,910
Originated
14.7%
Denial Rate
$264,893
Avg Loan Amount
#110 / 418
Denial Rate Rank

Lender concentration in Cheyenne

Top-1 share
14.1%
Top-3 share
27.6%
Book band
Concentrated book

In Cheyenne, lead originator Fairway Independent Mort CORP funded 14.1% of 2,910 originated loans, above the fleet's upper tercile (~12.8% top-1). The top three reporters together hold 27.6% of the book, so a handful of names dominate disclosed volume here.

Metros With a Similar Denial Rate

The metro areas closest to Cheyenne's 14.7% denial rate among all 418 tracked MSAs.

Metros With Similar Application Volume

Nationwide MSAs nearest to Cheyenne's 5,313 HMDA applications (deduped against the denial-rate neighbourhood).

Metros With a Similar Average Loan

Nationwide MSAs nearest to Cheyenne's $264,893 average loan (deduped against denial and volume peers).

Lenders active in the Cheyenne metro

Fairway Independent Mort CORP funded 410 of the 2,910 loans originated here, 14.1% of the metro. 20 reporting lenders follow.

# Lender Originated Applications Avg Loan Market Share
1 Fairway Independent Mort CORP 410 516 $304,574 14.1%
2 Rocket Mortgage 214 273 $278,919 7.4%
3 Wallick and Volk, INC. 180 234 $274,744 6.2%
4 Guild Mortgage Company 154 203 $308,399 5.3%
5 Jonah Bank 140 158 $324,873 4.8%

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. Metropolitan Statistical Areas defined by the U.S. Office of Management and Budget (OMB).

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for Cheyenne borrowers.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This Cheyenne page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.