Cherry Creek Mortgage Mortgage Review 2020

By Erik J. Martin

About our reviews

Bankrate’s editorial team researches, reviews and rates lenders to help you find one that fits your needs. Our experts consider a range of factors, including rates, loan types, time to close, fees and more. Reviews are updated regularly. Bankrate is an independent, advertising-supported comparison service. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy.

Cherry Creek Mortgage

Bankrate Score

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3.3

User reviews
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( 97 )

4.9

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.

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.

Nationwide availability

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

Minimum credit score

Minimum credit needed varies based on the loan and borrower.

Loan types

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

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)
  • Temporarily doesn’t offer jumbo loans
  • Not available in 17 states

Find your mortgage match

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

Cherry Creek Mortgage overview

Loan types

  • Conventional fixed-rate and adjustable-rate (ARM)
  • FHA
  • VA
  • USDA
  • Home renovation
  • Reverse mortgage/HECM
  • Refinancing including rate-and-term refinancing and cash-out refinancing

Lender fees

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 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.

Get started with Cherry Creek Mortgage

Borrowers can apply in person, online or by phone. If you apply online, a representative will contact you.

Hours

Monday - Friday: 8 a.m. - 5 p.m. (Local time) Saturday: Closed Sunday: Closed Contact: 888-303-2262

Cherry Creek Mortgage consumer rating and reviews

4.9 reviews
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99% recommended

Customer Service Rating

Knowledge
4.9
Level of service
4.9
Professionalism
4.9
Responsiveness
4.9
0 out of 0 rates honored
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(97 reviews)
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The 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.

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Showing 10 of 51 Reviews
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Michael
Valencia, CA

9/23/2019

A , Highly Recommend Blue Spot

I've never heard of Blue Spot until I was checking for the daily interest rate online (bankrate.com) by a simple Google search. I was looking to re-finance and saw a good deal Blue Spot was offering and thought I'd just inquire to learn more. I did some more research on Blue Spot to check their serv...

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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Nordine
Parker

9/23/2019

Outstanding experience

It’s been the second time I worked with Dan and Kaitlynn. The first time was during my purchase, the second time for a refinance. Let me tell you both were outstanding experiences. I am impressed with the quality of work, responsiveness and professionalism. Dan respond to my email, texts in a tim...

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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Sherrill E
Pegram, TN

9/27/2019

Wow! Great Experience

I had never heard of Blue Spot Home Loans until I was looking at rates on bankrate.com. Their rates and closing costs were low - a good deal. I did lots of research about them and decided to call them. I am so thankful I did! Tim, my loan officer was great from the very first call and throughout the...

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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BK
Columbus, OH

10/2/2019

Making Refis Great Again

Worked with Tom on the refinance of our house and the guy is a wiz. He has a true passion for his work that's evident through his patience, willingness to answer any and all questions, and his dedication to ensuring the customer is informed and comfortable throughout the entire process. We had one...

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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Martin M
California

10/11/2019

Smoothest Refinance Process

Dan & Lexi at Blue Spot Home Loans handled my refinance; it was the smoothest process experienced in my 15 years of refinancing. I was able to get my questions answered timely, even after traditional hours, their rates could not be matched, their fees are minimal. Superb time working with you both....

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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Ed Cleary
New jersey

10/14/2019

Worked out great

From start to finish the process was easy and comfortable.we worked with Shawn Lynch and he went back and forth with all of our option until we found exactly what we wanted. He couldn’t have been more accommodating to our wants and needs . The experience was by far the best loan experience I ever ...

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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Don Nadeau
Tampa, FL

10/14/2019

First Class Service From Shawn

Shawn Lynch and Lynda in escrow were top notch. Shawn was accessible day or night to keep the process moving. Closed a complex file in less than 5 weeks, and with great terms by far! Will be sending business your way!

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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N
CA

10/15/2019

Amazing experience!

I had a great experience working on my refinance. Everything was clear, broken down by steps, and most questions were answered before I even asked about that! I got a great support from Tyler and Mandy on some specific questions I had. I also had an amazing experience using the portal - it's very in...

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
No
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Rick K
North OC

10/15/2019

Anthony Edward is great!

I had a great experience with Anthony! He closed on time and did deliver on the promise. I am a happy customer and would use him again!

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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David R
California

10/24/2019

True to their Word

I worked with Jami Simaner and closed on what has turned out to be the quickest and smoothest loan refinance we have ever done. We have very complicated finances but Jami was able to work out a simpler way to close.Tanya was great in getting approvals with underwriting and Ticor Title was fast and e...

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes