Cherry Creek Mortgage Review 2021
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
4.0
Bankrate Score
Find your mortgage match
Get paired with your best mortgage offers in 2 minutes or less.
Find my best matchesLoans 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 refinancingNationwide 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 VirginiaMin. credit score required
620 for conventional loans; 580 for FHA loans; 620 for VA loans; 640 for USDA loans; 700 for jumbo loansPros 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
188 reviews
Customer service rating
97% of reviews would recommend this lender
0 of 0 rates honored
Review this lender
Write a review of your experience with BlueSpotHomeLoans.
10 of 105 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.
Refinance was smooth
Victor | San Diego, CA | 6/23/2020
This was the first time I ever refinanced. I appreciated that Dan was quick to respond quickly to to all my questions. For my refinance, the entire process was handled over e-mail and to my surprise was extremely efficient. What impressed me the most was that the paperwork was always correct. Da...
Worked through a Pandemic
Kevin | Florida | 7/1/2020
I was in the process of purchasing a home just when the pandemic started, and it caused a huge delay. Thankfully, they stuck by and honored our agreement despite everything, and were able to work with me to get the purchase done. I can easily recommend them after my experience, and I know where I wi...
Dan Sullivan is Superman
Dean and Linda Wolz | EagleVail colorado | 7/5/2020
Dan Sullivan is the best!! He provided us with answers to all our questions and got back to us in a very timely manner. In fact he responded within an hour even though it was a holiday. We don't know of anyone in any business who would do that. we are convinced that he never gets any time off. W...
OUTSTANDING
Uday M | Burbank CA | 7/13/2020
I was one day away from closing my refinance loan with a mortgage firm. On the day of closing I had some surprise additions which were not part of the initial loan estimate. During that time Dan was sending me emails to check if I was still in the market for refinance or if he could be of any help ...
Fantastic Experience!
Julie A | Chicago, IL | 7/13/2020
Dan and Lexi at Blue Spot made the entire refinancing process seamless and easy. Not only did they offer competitive rates, I received excellent customer service. I appreciated their responsiveness and professionalism. Highly Recommend!
Great lender!
sammyp42 | Redwood City, CA | 7/16/2020
Was a pleasure to work with for our refinance. Everything was smooth and got an amazing rate! Final fees ended up being slightly less than initial estimate, they are honest and don't file for unnecessary paperwork just to tack on more fees.
NOT as expected....FANTASTIC SERVICE!!!
Heather | San Clemente California | 7/22/2020
have an answer back within minutes. Amazing! The portal for uploading documents and letting you know the status of the loan application was awesome, thorough, easy to understand and well thought out. It left me guessing about nothing. Really! And I am one of those people who wonder about everything ...
Great Experience
Richard Callaway | Colorado | 7/23/2020
The entire process was fast and simple. I would like to thank Jody and Devon for the professionalism and communication through the entire process.
Amazing experience and interest rate
Harsh D | Santa Clara, CA | 8/13/2020
Dan & Kaitlynn were very patient and efficient during the pandemic when most things are closed. Their portal is very easy to use for uploading the documents and for checking the status of the loan. Everything was explained very clearly upfront and there were no surprises. Closed the loan in about 3 ...
Wonderful experience
Matt and Amy B | Wayne. Pa | 8/26/2020
April and her team at Blue Spot Home Loans made the refinancing process super easy and fast. What a pleasure working with them. Highly recommend them!