diff --git a/consensus.go b/consensus.go
index baae75db..186fcedc 100644
--- a/consensus.go
+++ b/consensus.go
@@ -7,7 +7,6 @@ import (
 
 	"decred.org/dcrwallet/v2/errors"
 	w "decred.org/dcrwallet/v2/wallet"
-
 	"github.com/decred/dcrd/chaincfg/chainhash"
 	"github.com/decred/dcrd/chaincfg/v3"
 	"github.com/decred/dcrd/wire"
diff --git a/internal/loader/loader.go b/internal/loader/loader.go
index 349ca226..c1e5c787 100644
--- a/internal/loader/loader.go
+++ b/internal/loader/loader.go
@@ -13,11 +13,15 @@ import (
 
 	"decred.org/dcrwallet/v2/errors"
 	"decred.org/dcrwallet/v2/wallet"
-	_ "decred.org/dcrwallet/v2/wallet/drivers/bdb" // driver loaded during init
+
+	// driver loaded during init
+	_ "decred.org/dcrwallet/v2/wallet/drivers/bdb"
 	"github.com/decred/dcrd/chaincfg/v3"
 	"github.com/decred/dcrd/dcrutil/v4"
 	"github.com/decred/dcrd/txscript/v4/stdaddr"
-	_ "github.com/planetdecred/dcrlibwallet/badgerdb" // initialize badger driver
+
+	// initialize badger driver
+	_ "github.com/planetdecred/dcrlibwallet/badgerdb"
 )
 
 const (
diff --git a/multiwallet.go b/multiwallet.go
index c2af0433..7999e632 100644
--- a/multiwallet.go
+++ b/multiwallet.go
@@ -23,14 +23,19 @@ import (
 	"golang.org/x/crypto/bcrypt"
 )
 
+// MultiWallet allows for tracking/managing multiple Wallets.
+// It is safe to use concurrently from multiple go-routines.
 type MultiWallet struct {
 	dbDriver string
 	rootDir  string
 	db       *storm.DB
 
+	walletsMu    sync.RWMutex
+	wallets      map[int]*Wallet
+	badWalletsMu sync.RWMutex
+	badWallets   map[int]*Wallet
+
 	chainParams *chaincfg.Params
-	wallets     map[int]*Wallet
-	badWallets  map[int]*Wallet
 	syncData    *syncData
 
 	notificationListenersMu         sync.RWMutex
@@ -150,9 +155,14 @@ func (mw *MultiWallet) Shutdown() {
 	mw.CancelRescan()
 	mw.CancelSync()
 
-	for _, wallet := range mw.wallets {
+	// Locking mw.walletsMu to prevent other actors from accessing wallets during shutdown.
+	mw.walletsMu.Lock()
+	for key, wallet := range mw.wallets {
 		wallet.Shutdown()
+		// Wallet is no longer operational after it's been shut down.
+		delete(mw.wallets, key)
 	}
+	mw.walletsMu.Unlock()
 
 	if mw.db != nil {
 		if err := mw.db.Close(); err != nil {
@@ -270,17 +280,24 @@ func (mw *MultiWallet) OpenWallets(startupPassphrase []byte) error {
 		return err
 	}
 
+	// Locking mw.walletsMu to prevent other actors from accessing wallets until all are
+	// opened (means ready to work with).
+	mw.walletsMu.Lock()
 	for _, wallet := range mw.wallets {
 		err = wallet.openWallet()
 		if err != nil {
 			return err
 		}
 	}
+	mw.walletsMu.Unlock()
 
 	return nil
 }
 
 func (mw *MultiWallet) AllWalletsAreWatchOnly() (bool, error) {
+	mw.walletsMu.Lock()
+	defer mw.walletsMu.Unlock()
+
 	if len(mw.wallets) == 0 {
 		return false, errors.New(ErrInvalid)
 	}
@@ -424,6 +441,43 @@ func (mw *MultiWallet) LinkExistingWallet(walletName, walletDataDir, originalPub
 	})
 }
 
+// walletsReadCopy returns a copy of mw.wallets map, copying it in concurrently-safe
+// manner. This allows iterating over map without holding mutex during iterations
+// (useful when iteration takes long time).
+func (mw *MultiWallet) walletsReadCopy() map[int]*Wallet {
+	mw.walletsMu.RLock()
+	defer mw.walletsMu.RUnlock()
+
+	result := make(map[int]*Wallet, len(mw.wallets))
+	for key, value := range mw.wallets {
+		result[key] = value
+	}
+	return result
+}
+
+// walletsUpdate is concurrently-safe way to update mw.wallets map element.
+func (mw *MultiWallet) walletsUpdate(key int, newWallet *Wallet) {
+	mw.walletsMu.Lock()
+	defer mw.walletsMu.Unlock()
+
+	mw.wallets[key] = newWallet
+}
+
+// walletsUpdate is concurrently-safe way to get an element from mw.wallets map.
+func (mw *MultiWallet) walletsGet(key int) *Wallet {
+	mw.walletsMu.RLock()
+	defer mw.walletsMu.RUnlock()
+
+	return mw.wallets[key]
+}
+
+// walletsUpdate is concurrently-safe way to delete from mw.wallets map.
+func (mw *MultiWallet) walletsDelete(key int) {
+	mw.walletsMu.Lock()
+	delete(mw.wallets, key)
+	mw.walletsMu.Unlock()
+}
+
 // saveNewWallet performs the following tasks using a db batch operation to ensure
 // that db changes are rolled back if any of the steps below return an error.
 //
@@ -491,7 +545,7 @@ func (mw *MultiWallet) saveNewWallet(wallet *Wallet, setupWallet func() error) (
 		return nil, translateError(err)
 	}
 
-	mw.wallets[wallet.ID] = wallet
+	mw.walletsUpdate(wallet.ID, wallet)
 
 	return wallet, nil
 }
@@ -542,17 +596,22 @@ func (mw *MultiWallet) DeleteWallet(walletID int, privPass []byte) error {
 		return translateError(err)
 	}
 
-	delete(mw.wallets, walletID)
+	mw.walletsDelete(walletID)
 
 	return nil
 }
 
 func (mw *MultiWallet) BadWallets() map[int]*Wallet {
+	mw.badWalletsMu.RLock()
+	defer mw.badWalletsMu.RUnlock()
+
 	return mw.badWallets
 }
 
 func (mw *MultiWallet) DeleteBadWallet(walletID int) error {
+	mw.badWalletsMu.RLock()
 	wallet := mw.badWallets[walletID]
+	mw.badWalletsMu.RUnlock()
 	if wallet == nil {
 		return errors.New(ErrNotExist)
 	}
@@ -565,16 +624,19 @@ func (mw *MultiWallet) DeleteBadWallet(walletID int) error {
 	}
 
 	os.RemoveAll(wallet.dataDir)
+
+	mw.badWalletsMu.Lock()
 	delete(mw.badWallets, walletID)
+	mw.badWalletsMu.Unlock()
 
 	return nil
 }
 
 func (mw *MultiWallet) WalletWithID(walletID int) *Wallet {
-	if wallet, ok := mw.wallets[walletID]; ok {
-		return wallet
-	}
-	return nil
+	mw.walletsMu.RLock()
+	defer mw.walletsMu.RUnlock()
+
+	return mw.wallets[walletID]
 }
 
 // VerifySeedForWallet compares seedMnemonic with the decrypted wallet.EncryptedSeed and clears wallet.EncryptedSeed if they match.
@@ -600,7 +662,7 @@ func (mw *MultiWallet) VerifySeedForWallet(walletID int, seedMnemonic string, pr
 // NumWalletsNeedingSeedBackup returns the number of opened wallets whose seed haven't been verified.
 func (mw *MultiWallet) NumWalletsNeedingSeedBackup() int32 {
 	var backupsNeeded int32
-	for _, wallet := range mw.wallets {
+	for _, wallet := range mw.walletsReadCopy() {
 		if wallet.WalletOpened() && wallet.EncryptedSeed != nil {
 			backupsNeeded++
 		}
@@ -609,12 +671,15 @@ func (mw *MultiWallet) NumWalletsNeedingSeedBackup() int32 {
 }
 
 func (mw *MultiWallet) LoadedWalletsCount() int32 {
+	mw.walletsMu.RLock()
+	defer mw.walletsMu.RUnlock()
+
 	return int32(len(mw.wallets))
 }
 
 func (mw *MultiWallet) OpenedWalletIDsRaw() []int {
 	walletIDs := make([]int, 0)
-	for _, wallet := range mw.wallets {
+	for _, wallet := range mw.walletsReadCopy() {
 		if wallet.WalletOpened() {
 			walletIDs = append(walletIDs, wallet.ID)
 		}
@@ -634,7 +699,7 @@ func (mw *MultiWallet) OpenedWalletsCount() int32 {
 
 func (mw *MultiWallet) SyncedWalletsCount() int32 {
 	var syncedWallets int32
-	for _, wallet := range mw.wallets {
+	for _, wallet := range mw.walletsReadCopy() {
 		if wallet.WalletOpened() && wallet.synced {
 			syncedWallets++
 		}
diff --git a/multiwallet_utils.go b/multiwallet_utils.go
index 9208c2be..c2411952 100644
--- a/multiwallet_utils.go
+++ b/multiwallet_utils.go
@@ -134,7 +134,7 @@ func (mw *MultiWallet) WalletWithXPub(xpub string) (int, error) {
 	ctx, cancel := mw.contextWithShutdownCancel()
 	defer cancel()
 
-	for _, w := range mw.wallets {
+	for _, w := range mw.walletsReadCopy() {
 		if !w.WalletOpened() {
 			return -1, errors.Errorf("wallet %d is not open and cannot be checked", w.ID)
 		}
@@ -171,7 +171,7 @@ func (mw *MultiWallet) WalletWithSeed(seedMnemonic string) (int, error) {
 		return -1, err
 	}
 
-	for _, wallet := range mw.wallets {
+	for _, wallet := range mw.walletsReadCopy() {
 		if !wallet.WalletOpened() {
 			return -1, errors.Errorf("cannot check if seed matches unloaded wallet %d", wallet.ID)
 		}
diff --git a/sync.go b/sync.go
index 18cfcd09..6f236cf6 100644
--- a/sync.go
+++ b/sync.go
@@ -218,7 +218,7 @@ func (mw *MultiWallet) SpvSync() error {
 	mw.initActiveSyncData()
 
 	wallets := make(map[int]*w.Wallet)
-	for id, wallet := range mw.wallets {
+	for id, wallet := range mw.walletsReadCopy() {
 		wallets[id] = wallet.Internal()
 		wallet.waitingForHeaders = true
 		wallet.syncing = true
@@ -288,7 +288,7 @@ func (mw *MultiWallet) CancelSync() {
 		log.Info("Canceling sync. May take a while for sync to fully cancel.")
 
 		// Stop running cspp mixers
-		for _, wallet := range mw.wallets {
+		for _, wallet := range mw.walletsReadCopy() {
 			if wallet.IsAccountMixerActive() {
 				log.Infof("[%d] Stopping cspp mixer", wallet.ID)
 				err := mw.StopAccountMixer(wallet.ID)
@@ -420,7 +420,7 @@ func (mw *MultiWallet) PeerInfo() (string, error) {
 func (mw *MultiWallet) GetBestBlock() *BlockInfo {
 	var bestBlock int32 = -1
 	var blockInfo *BlockInfo
-	for _, wallet := range mw.wallets {
+	for _, wallet := range mw.walletsReadCopy() {
 		if !wallet.WalletOpened() {
 			continue
 		}
@@ -438,7 +438,7 @@ func (mw *MultiWallet) GetBestBlock() *BlockInfo {
 func (mw *MultiWallet) GetLowestBlock() *BlockInfo {
 	var lowestBlock int32 = -1
 	var blockInfo *BlockInfo
-	for _, wallet := range mw.wallets {
+	for _, wallet := range mw.walletsReadCopy() {
 		if !wallet.WalletOpened() {
 			continue
 		}
@@ -483,7 +483,7 @@ func (wallet *Wallet) GetBestBlockTimeStamp() int64 {
 
 func (mw *MultiWallet) GetLowestBlockTimestamp() int64 {
 	var timestamp int64 = -1
-	for _, wallet := range mw.wallets {
+	for _, wallet := range mw.walletsReadCopy() {
 		bestBlockTimestamp := wallet.GetBestBlockTimeStamp()
 		if bestBlockTimestamp < timestamp || timestamp == -1 {
 			timestamp = bestBlockTimestamp
diff --git a/syncnotification.go b/syncnotification.go
index 4e444437..663b9ceb 100644
--- a/syncnotification.go
+++ b/syncnotification.go
@@ -166,9 +166,11 @@ func (mw *MultiWallet) fetchHeadersStarted(peerInitialHeight int32) {
 		return
 	}
 
+	mw.walletsMu.RLock()
 	for _, wallet := range mw.wallets {
 		wallet.waitingForHeaders = true
 	}
+	mw.walletsMu.RUnlock()
 
 	lowestBlockHeight := mw.GetLowestBlock().Height
 
@@ -200,7 +202,7 @@ func (mw *MultiWallet) fetchHeadersProgress(lastFetchedHeaderHeight int32, lastF
 		return
 	}
 
-	for _, wallet := range mw.wallets {
+	for _, wallet := range mw.walletsReadCopy() {
 		if wallet.waitingForHeaders {
 			wallet.waitingForHeaders = wallet.GetBestBlock() > lastFetchedHeaderHeight
 		}
@@ -484,7 +486,7 @@ func (mw *MultiWallet) rescanProgress(walletID int, rescannedThrough int32) {
 		return
 	}
 
-	wallet := mw.wallets[walletID]
+	wallet := mw.walletsGet(walletID)
 	totalHeadersToScan := wallet.GetBestBlock()
 
 	rescanRate := float64(rescannedThrough) / float64(totalHeadersToScan)
@@ -621,7 +623,7 @@ func (mw *MultiWallet) resetSyncData() {
 	mw.syncData.activeSyncData = nil
 	mw.syncData.mu.Unlock()
 
-	for _, wallet := range mw.wallets {
+	for _, wallet := range mw.walletsReadCopy() {
 		wallet.waitingForHeaders = true
 		wallet.LockWallet() // lock wallet if previously unlocked to perform account discovery.
 	}
@@ -633,7 +635,7 @@ func (mw *MultiWallet) synced(walletID int, synced bool) {
 		// begin indexing transactions after sync is completed,
 		// syncProgressListeners.OnSynced() will be invoked after transactions are indexed
 		var txIndexing errgroup.Group
-		for _, wallet := range mw.wallets {
+		for _, wallet := range mw.walletsReadCopy() {
 			txIndexing.Go(wallet.IndexTransactions)
 		}
 
@@ -662,7 +664,7 @@ func (mw *MultiWallet) synced(walletID int, synced bool) {
 		return
 	}
 
-	wallet := mw.wallets[walletID]
+	wallet := mw.walletsGet(walletID)
 	wallet.synced = synced
 	wallet.syncing = false
 	mw.listenForTransactions(wallet.ID)
diff --git a/ticket.go b/ticket.go
index e1b2de3a..3e741d98 100644
--- a/ticket.go
+++ b/ticket.go
@@ -32,7 +32,7 @@ func (wallet *Wallet) TotalStakingRewards() (int64, error) {
 
 func (mw *MultiWallet) TotalStakingRewards() (int64, error) {
 	var totalRewards int64
-	for _, wal := range mw.wallets {
+	for _, wal := range mw.walletsReadCopy() {
 		walletTotalRewards, err := wal.TotalStakingRewards()
 		if err != nil {
 			return 0, err
@@ -94,7 +94,7 @@ func (wallet *Wallet) StakingOverview() (stOverview *StakingOverview, err error)
 func (mw *MultiWallet) StakingOverview() (stOverview *StakingOverview, err error) {
 	stOverview = &StakingOverview{}
 
-	for _, wallet := range mw.wallets {
+	for _, wallet := range mw.walletsReadCopy() {
 		st, err := wallet.StakingOverview()
 		if err != nil {
 			return nil, err
@@ -134,7 +134,7 @@ func (wallet *Wallet) TicketPrice() (*TicketPriceResponse, error) {
 
 func (mw *MultiWallet) TicketPrice() (*TicketPriceResponse, error) {
 	bestBlock := mw.GetBestBlock()
-	for _, wal := range mw.wallets {
+	for _, wal := range mw.walletsReadCopy() {
 		resp, err := wal.TicketPrice()
 		if err != nil {
 			return nil, err
diff --git a/transactions.go b/transactions.go
index 9bfb7684..7d1d23ac 100644
--- a/transactions.go
+++ b/transactions.go
@@ -125,7 +125,7 @@ func (mw *MultiWallet) GetTransactions(offset, limit, txFilter int32, newestFirs
 
 func (mw *MultiWallet) GetTransactionsRaw(offset, limit, txFilter int32, newestFirst bool) ([]Transaction, error) {
 	transactions := make([]Transaction, 0)
-	for _, wallet := range mw.wallets {
+	for _, wallet := range mw.walletsReadCopy() {
 		walletTransactions, err := wallet.GetTransactionsRaw(offset, limit, txFilter, newestFirst)
 		if err != nil {
 			return nil, err
diff --git a/txandblocknotifications.go b/txandblocknotifications.go
index dd55166a..207273b7 100644
--- a/txandblocknotifications.go
+++ b/txandblocknotifications.go
@@ -9,7 +9,7 @@ import (
 func (mw *MultiWallet) listenForTransactions(walletID int) {
 	go func() {
 
-		wallet := mw.wallets[walletID]
+		wallet := mw.walletsGet(walletID)
 		n := wallet.Internal().NtfnServer.TransactionNotifications()
 
 		for {
@@ -112,7 +112,7 @@ func (mw *MultiWallet) RemoveTxAndBlockNotificationListener(uniqueIdentifier str
 }
 
 func (mw *MultiWallet) checkWalletMixers() {
-	for _, wallet := range mw.wallets {
+	for _, wallet := range mw.walletsReadCopy() {
 		if wallet.IsAccountMixerActive() {
 			unmixedAccount := wallet.ReadInt32ConfigValueForKey(AccountMixerUnmixedAccount, -1)
 			hasMixableOutput, err := wallet.accountHasMixableOutput(unmixedAccount)
diff --git a/types.go b/types.go
index 4d05cf9d..90b33fc8 100644
--- a/types.go
+++ b/types.go
@@ -6,7 +6,6 @@ import (
 	"net"
 
 	"decred.org/dcrwallet/v2/wallet/udb"
-
 	"github.com/decred/dcrd/chaincfg/v3"
 	"github.com/decred/dcrd/dcrutil/v4"
 	"github.com/planetdecred/dcrlibwallet/internal/vsp"
diff --git a/wallets.go b/wallets.go
index c5f97cc7..80105db1 100644
--- a/wallets.go
+++ b/wallets.go
@@ -1,6 +1,9 @@
 package dcrlibwallet
 
 func (mw *MultiWallet) AllWallets() (wallets []*Wallet) {
+	mw.walletsMu.RLock()
+	defer mw.walletsMu.RUnlock()
+
 	for _, wallet := range mw.wallets {
 		wallets = append(wallets, wallet)
 	}