Cherry Creek Mortgage 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
167 reviews
Customer service rating
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 90 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.
3x - Flawless Experience
Lauri | Commerce City, CO | 5/8/2020
Every question I had, the rate I received, the timeliness of responses, the respect and courtesy delivered every step of the process - everything was excellent - and I've worked with Dan and Lexi on 3 separate occasions - I would call it the trifecta of refis. Highly recommend them. Thanks!
Solid experience
Kevin | Granite Bay | 5/15/2020
Dan and Lexi were great to work with during this chaotic time. We closed in 30 days thanks to prompt communication even on weekends. A good experience overall and a great rate.
Best Experience Ever!
Monique & David | Littleton, CO | 5/28/2020
This team we worked with Dan & Alexis was the best ever! Responded after business hours, seemed happy for our business, and was super easy to communicate with! they both had excellent communication! Very Thorough! We will call them for any future business we need to conduct!
Seriously Impressed!
Anthony T. | California | 5/28/2020
Dan and Alexis were really great to work with from start to finish. They were well prepared, answered all of our questions in a timely manner, made sure to prepare us for each step of the process before it arrived, and delivered on all of their promises. It was really an exceptional experience.
Great experience!
Ryan | Denver, CO | 5/29/2020
The entire process went smoothly and didn't have any issues, Dan and his team are great!!
Superb Team
Steve | Los Angeles | 6/1/2020
Contacted Dan Sullivan on April 18. Dealt with Dan and his assistant Alexis Duran throughout the process. They were a pleasure to work with. Everything as expected and a speedy close before June 1.
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 ...