Business Details
30 Years
experience
Your Trusted Mortgage Partner in Laramie, WY
Since 1996, The Mortgage Source has been a trusted partner in Wyoming's homebuying and refinancing journey. Our team of certified professionals, including VA loan specialists, brings decades of combined experience to guide clients through every step of the mortgage process. We prioritize personalized service, leveraging our deep understanding of local markets and access to diverse loan programs like FHA, WCDA, and MCC to meet individual needs.Our commitment to transparency and community growth ensures clients receive tailored solutions, from initial consultation to post-closing support. With a focus on education and ethical practices, we empower borrowers to make informed financial decisions while maintaining a neighborly approach to lending.
Services
VA Loans
FHA Loans
Conventional Loans
Refinancing Services
MCC Program
WCDA Loans
HFA Preferred Loans
Loan Processing
Mortgage Counseling
Home Purchase Loans
Details
- Year established: 1996
Highlights and features
- Certified VA loan specialists on staff
- Locally owned since 1996 with Wyoming-specific expertise
- Personalized mortgage counseling for unique client needs
- Experienced team with combined 100+ years in lending
- Community-focused approach to home financing
Associations and certifications
- Veterans Administration (VA)
What people say
Wonderful experience
Quick to answer
Highly recommend
Incredibly helpful
Smooth process
Services
VA Loans
VA loans provide zero-down payment mortgages for eligible veterans and military families. Our certified specialists guide clients through VA-specific requirements, maximizing benefits while ensuring compliance with federal regulations. This program offers competitive rates and flexible credit standards for qualified applicants.
MCC Program
The Mortgage Credit Certificate program offers up to $2,000 annual federal tax credits for first-time homebuyers. We help clients determine eligibility and integrate this benefit with other loan programs to reduce long-term tax liability while achieving homeownership goals.
Refinancing Services
Our refinancing options help homeowners reduce monthly payments, shorten loan terms, or access equity. We analyze current market conditions and client financial situations to recommend cash-out, rate-and-term, or streamline refinancing solutions tailored to individual needs.
FHA Loans
FHA-insured loans offer low down payments (as little as 3.5%) and flexible credit requirements. Ideal for first-time buyers or those with limited credit history, these loans combine affordability with government-backed security through the Federal Housing Administration.
Loan Processing
Our dedicated processors manage document verification, employment checks, and underwriting coordination. We maintain strict timelines while ensuring compliance with state and federal regulations, providing regular updates throughout the approval process to maintain transparency and efficiency.
People
Karen J. Saunders
President & Loan Originator
With 40+ years in finance, Karen leads Wyoming's trusted mortgage team. Her community involvement and industry expertise ensure clients receive personalized guidance through complex loan processes.
Sara S. Sheen
Loan Closer & Post Closing Coordinator
A Laramie native since 2008, Sara specializes in seamless loan closing processes. Her local knowledge and attention to detail ensure smooth transactions for Wyoming homebuyers.
Debora Palmer
Loan Processor
Debora brings 30 years of real estate experience to mortgage processing. Her expertise streamlines documentation verification and client communication throughout the loan approval journey.
Stephen Robertson
Loan Assistant
Stephen manages appraisal reviews and office operations. His commitment to client service ensures efficient support for both borrowers and internal teams.
Lauren Johnson
File Manager
Lauren oversees document management and file organization. Her attention to detail maintains process efficiency, ensuring timely progression of loan applications from start to finish.
Questions
What loan programs do you offer for first-time homebuyers?
We offer FHA loans with low down payments, VA loans for veterans, and the MCC tax credit program. Our team helps first-time buyers navigate these options to find the best fit.
How does the mortgage process work with The Mortgage Source?
Our process includes five steps: information submission, initial consultation, loan disclosure review, underwriting, and closing. We provide continuous support and clear communication throughout each stage.
Are you licensed to operate in Wyoming?
Yes, we're licensed with the State of Wyoming (#307) and have served the community since 1996. Our team holds multiple industry certifications including VA loan specialist designations.
Can I refinance my existing mortgage through your company?
Yes, we offer various refinancing options including rate-and-term, cash-out, and streamline refinancing. Our specialists analyze your current loan to recommend cost-effective solutions.
What documentation is needed for a mortgage application?
Typically required documents include proof of income, asset statements, ID, and property information. Our team provides specific checklists during initial consultations to streamline the process.
