Top Mortgage Lenders in the Gillette, WY area

Which mortgage lender in the Gillette, WY area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Gillette, WY area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Gillette, WY area is Pinnacle Bank – Wyoming, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.06%. This means that Pinnacle Bank – Wyoming provided a -0.06% lower interest rate for its customers than other lenders in Gillette, WY for a similar set of borrowers. Pinnacle Bank – Wyoming has a market share of 18.5%. On the other hand, the most popular lender in the market is Bay Equity, with a market share of 44.7%. Bay Equity is an average rate lender in this area, with a “Rate Difference” of +0.02% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Gillette, WY area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Gillette, WY is Pinnacle Bank – Wyoming. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is Quicken Loans. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Pinnacle Bank – Wyoming. The cheapest VA mortgage provider is Open Mortgage. To get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders by “Rate Rank” for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pinnacle Bank – Wyoming 1, -0.06% 18.49%
First Interstate Bank 2, -0.05% 13.66%
Bay Equity 3, 0.02% 44.75%
Open Mortgage 4, 0.02% 9.03%
Quicken Loans 5, 0.05% 14.08%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pinnacle Bank – Wyoming 1, -0.05% 19.27%
First Interstate Bank 2, -0.04% 13.15%
Quicken Loans 3, -0.01% 3.06%
Bay Equity 4, 0.02% 54.74%
Open Mortgage 5, 0.03% 9.79%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pinnacle Bank – Wyoming 1, -0.09% 16.78%
First Interstate Bank 2, -0.07% 14.77%
Open Mortgage 3, 0.01% 7.38%
Bay Equity 4, 0.01% 22.82%
Quicken Loans 5, 0.06% 38.26%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pinnacle Bank – Wyoming 1, -0.05% 25.19%
First Interstate Bank 2, -0.05% 18.52%
Bay Equity 3, 0.02% 29.26%
Open Mortgage 4, 0.04% 7.78%
Quicken Loans 5, 0.07% 19.26%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Interstate Bank 1, -0.03% 19.74%
Pinnacle Bank – Wyoming 2, -0.03% 30.92%
Quicken Loans 3, -0.01% 5.26%
Bay Equity 4, 0.03% 34.21%
Open Mortgage 5, 0.05% 9.87%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pinnacle Bank – Wyoming 1, -0.10% 17.80%
First Interstate Bank 2, -0.08% 16.95%
Open Mortgage 3, 0.01% 5.08%
Bay Equity 4, 0.01% 22.88%
Quicken Loans 5, 0.08% 37.29%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pinnacle Bank – Wyoming 1, -0.10% 8.97%
First Interstate Bank 2, -0.07% 7.05%
Quicken Loans 3, -0.01% 6.41%
Bay Equity 4, 0.02% 68.59%
Open Mortgage 5, 0.03% 8.97%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pinnacle Bank – Wyoming 1, -0.10% 9.93%
First Interstate Bank 2, -0.08% 7.09%
Quicken Loans 3, -0.01% 1.42%
Bay Equity 4, 0.02% 73.05%
Open Mortgage 5, 0.03% 8.51%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Interstate Bank 1, -0.01% 6.67%
Quicken Loans 2, -0.00% 53.33%
Bay Equity 3, 0.00% 26.67%
Open Mortgage 4, 0.01% 13.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, 0.00% 33.33%
First Interstate Bank 2, 0.00% 66.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Interstate Bank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Open Mortgage 1, -0.02% 17.02%
Pinnacle Bank – Wyoming 2, -0.02% 12.77%
Quicken Loans 3, -0.01% 8.51%
First Interstate Bank 4, -0.01% 4.26%
Bay Equity 5, 0.01% 57.45%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Open Mortgage 1, -0.04% 15.62%
First Interstate Bank 2, -0.02% 3.12%
Pinnacle Bank – Wyoming 3, -0.01% 6.25%
Bay Equity 4, 0.01% 75.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pinnacle Bank – Wyoming 1, -0.02% 26.67%
Bay Equity 2, -0.00% 20.00%
Quicken Loans 3, 0.01% 26.67%
Open Mortgage 4, 0.01% 20.00%
First Interstate Bank 5, 0.01% 6.67%

* Data is compiled for the Gillette, WY commuting zone area, which comprises of counties of Campbell County, WY, Crook County, WY, and Weston County, WY. This includes cities/towns/communities of Gillette, WY as well as Moorcroft, WY, Newcastle, WY, Upton, WY, and Sundance, WY. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

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