Cherry Creek Mortgage Mortgage Review 2021

By Erik J. Martin

Please note: In response to the coronavirus pandemic, lenders are changing their requirements continuously. Although we strive for accuracy at the time of publication, please be sure to check with the lender for updated details on down payments, credit scores, etc.

At a glance

Cherry Creek Mortgage

4.0

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Bankrate Score

Find your mortgage match

Get paired with your best mortgage offers in 2 minutes or less.

Find my best matches
Mortgage percent icon

Loans offered

Conventional fixed-rate and adjustable-rate (ARM), FHA, VA, USDA, home renovation, reverse mortgage/HECM; refinancing options include rate-and-term refinancing and cash-out refinancing
Location Icon

Nationwide availability

Available in 33 states; not available in Alaska, Delaware, Georgia, Hawaii, Kentucky, Maine, Massachusetts, Mississippi, Missouri, New Hampshire, New York, North Carolina, North Dakota, Rhode Island, Vermont, Virginia and West Virginia
Credit good icon

Min. credit score required

620 for conventional loans; 580 for FHA loans; 620 for VA loans; 640 for USDA loans; 700 for jumbo loans

Pros and cons

Pros

  • Provides a wide variety of loan options
  • Offers first-time homebuyer programs and, when available, down payment assistance
  • Pay your mortgage online through a secure, simple portal
  • Website provides resources and educational articles

Cons

  • Doesn’t offer home equity lines of credit (HELOCs)
  • Not available in 17 states

Cherry Creek Mortgage overview

Cherry Creek Mortgage is an online and brick-and-mortar lender that offers loans in 33 states. It has originated $60 billion in home loans for Americans over the past 33 years. Established in 1987 as a three-person single office, Cherry Creek Mortgage today is headquartered in Greenwood Village, Colorado, and has more than 800 employees, most of whom have been with the company at least 10 years. “We’ve helped over 254,000 families finance a home, and someday we want to help at least one out of every 100 homebuyers,” said David Arnett, vice president of marketing and communications for the lender. Cherry Creek Mortgage also does business as 1st Mortgage Solutions USA, 1st Reverse Mortgage USA, America's Mortgage, Blue Spot Home Loans, Premier Mortgage Group, Rocky Mountain Mortgage and Swanson Home Loans.

Loan types

  • Conventional fixed-rate
  • Adjustable-rate (ARM)
  • FHA
  • VA
  • USDA
  • Home renovation
  • Reverse mortgage/HECM
  • Rate-and-term refinancing
  • Cash-out refinancing

Lender fees

Cherry Creek Mortgage lender fees vary by state and branch location.

Minimum borrower requirements

Cherry Creek Mortgage adheres to the conforming loan requirements and underwriting guidelines for mortgages approved by government-sponsored enterprises (GSEs) Fannie Mae, and Freddie Mac, as well as those backed by the FHA, USDA and VA. Requirements will vary based on the loan and borrower.

Other mortgage lender reviews:

Find your mortgage match

Get paired with your best mortgage offers in 2 minutes or less.

Cherry Creek Mortgage consumer reviews

4.9

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

169 reviews

5 stars
4 stars
3 stars
2 stars
1 stars
164
1
1
1
2

Customer service rating

Knowledge
4.9
Level of service
4.9
Professionalism
4.9
Responsiveness
4.9

98% of reviews would recommend this lender

0 of 0 rates honored

Review this lender

Write a review of your experience with BlueSpotHomeLoans.

10 of 92 reviews

The consumer reviews posted on Bankrate.com ("Bankrate") are individual, subjective opinions of reviewers, and not of Bankrate. Bankrate does not endorse any of the opinions expressed by reviewers or any responses to reviews.

To help serve you with relevant information the consumer reviews shown below are limited to only those that this advertiser has received during the past 12 months.

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

3x - Flawless Experience

Lauri | Commerce City, CO | 5/8/2020

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Solid experience

Kevin | Granite Bay | 5/15/2020

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Best Experience Ever!

Monique & David | Littleton, CO | 5/28/2020

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Seriously Impressed!

Anthony T. | California | 5/28/2020

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Great experience!

Ryan | Denver, CO | 5/29/2020

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Superb Team

Steve | Los Angeles | 6/1/2020

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Refinance was smooth

Victor | San Diego, CA | 6/23/2020

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Worked through a Pandemic

Kevin | Florida | 7/1/2020

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Dan Sullivan is Superman

Dean and Linda Wolz | EagleVail colorado | 7/5/2020

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

OUTSTANDING

Uday M | Burbank CA | 7/13/2020