Applications Closing March 2023


Homeowners are advised to take advantage of a new Mortgage Stimulus Program before it’s gone. This is likely to be the largest benefit program American homeowners have seen.

This Stimulus Program is aimed to help average American citizens and stimulate the economy. Utilizing this new service could get homeowners $271 /mo* or $3,252* per year!

Banks do not want homeowners to know about these programs as they can greatly lower mortgage payments through this simple Government-backed solution.

We recommend checking your eligibility as soon as possible before deadlines are announced or requirements are changed.

To see if you live in an active zip code, just click below.


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* – Based on Median Home Equity of Americans aged 45 to 54 of $70,000 (U.S. Census Bureau)

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Blue Spot Home Loans Review

Picture of Blue Spot Home Loans Review

Many mortgage brokers are competing for your hard-earned business. Blue Spot Home Loans (BSHP) is one of them. Blue Spot Home Loans team consists of seasoned professionals who provide innovative service to their borrowers with sound knowledge of the current market trends and competitive lender fees.

The Blue Spot Team provides professional service that will simplify the entire application process from start to finish all through their digital mortgage application, giving you peace of mind knowing they have everything under control keeping you on top of your loan status.

Blue Spot’s team of professional loan officers can assist you throughout the whole home loan process as well as during refinancing time so that there are no delays or hitches along the way. They offer attractive financing options.

Did You Know they are a Division of Cherry Creek Mortgage?

BSHP is an online lender division of the parent company Cherry Creek Mortgage. Outside their headquarters, at Greenwood Village Colorado there’s no physical branch that you can visit. This product receives a rating of 4.8 out of 5 of nearly 200 customer reviews. They are not mandated but are salaried, meaning you should never try to get a loan. According to their website, they are currently dismissed in 20 states and reportedly are only present in California Colorado, and Texas. They are the basic digital lender.

Blue Spot comes with the names Blue the Cat and Spot in common. The home buying company said the rates are “highly competitive”. Blue is always on the lookout for tools that help with how a mortgage works. Blue Spot is interested in giving you a high mortgage rate and analyzing a perfect loan program. Let’s know more about this Denver region direct-to-consumer mortgage lender.

year to year fixed rates, variable rates, home equity lines of credit, and investment properties. Their competitive advantage is their persistent effort in listening to the needs of their clients and providing quality service that is second-to-none.

Blue Spot Home Loans strives to build a long-term relationship with their clientele by providing superior customer service, competitive pricing, and professional advice that will ultimately lead to achieving their client’s goals.

You can view their quick application process through an online channel at They also provide a printable personal loan summary in just a few minutes right from your PC, or you can request an instant call back via our website. Strives to offer the most favorable financing options to their clientele. Blue Spot Home Loans has been a pioneer in this field by offering Nationally Competitive Interest Rates and low closing costs.

Blue Spot loans have offices located conveniently throughout the U.S, making it easy to shop around and compare rates from multiple lenders at one time to find the best deal available on the market today. can also save any valuable borrower time by having the Blue Spot Home Loan application form already filled out by the Blue Spot Loan officer, with all your personal and financial details. All you do is simply check for the accuracy of information.

It offers a totally online experience that eliminates paperwork, faxes, and phone calls in favor of secure email communication that will get things done faster and easier for its clients.

Company Overview

Blue Spot Home Loans operates out of Denver, CO. there are is a specialty lender and provides an online loan portal of products for borrowers who have credit scores below 640.

A trusted online mortgage company, Blue Spot Home Loans is a leading and seasoned financial service provider. With a vast experience of over 10years in the industry, they have carved their niche by providing an all-inclusive suite of services with a dedicated commitment to deliver faster and effective results. Offered business solutions include Mortgage loans (P&I, HELOC), Residential lending, Commercial lending, Rural Housing loans.

Blue Spot Home Loans offers both purchase loans, refinance loans, and second mortgages to its customers. They offer a wide range of loan products, including conventional, jumbo, FHA, VA, and Reverse mortgages.

The blue spot also works with self-employed people who are trying to acquire a mortgage through Blue Spot’s special lending solutions and obtain competitive rates in the process.

They provide consumers with multiple loan options to choose from to match their unique needs and financing scenario with competitive rates and affordable payments.

Blue Spot Home Loans works directly with real estate agents, home builders, and developers across the country to facilitate both purchase and refinance loans for borrowers in need.

Loan Programs They Cover

Blue Spot Home Loans unique features include:

They offer special rates for self-employed people that are trying to get financing for their homes.

Blue Spot works with customers who do not have perfect credit or require higher loan amounts, such as jumbo mortgages.

Blue Spot Home Loans is a direct lender and offers fixed-rate, adjustable-rate, and ARM loans. Blue Spot Home Loans does not offer FHA loans at this time but does do VA loans.

Blue Spot Home Loans also advertises servicing options available to you, which are USDA Rural Development, Federal Housing Administration (FHA), Veterans Affairs (VA), Rural Housing Service (USDA RD), and Predatory lending avoidance counseling by the CFPB.

They offer in-house underwriting, which means that they do the whole loan process from start to finish. This allows them to be able to approve your loan within the same day and gives you a sense of security because you know exactly who is working on your case.

Why You Should Talk With Blue Spot Loan Officer Today

The blue spot is best for those borrowers who can’t qualify for conventional loans from Wells Fargo, Bank of America, etc.

Blue Spot seems best for borrowers who are looking for low down payment options, perhaps not having good credit or really needing a second chance at getting financing.

Mortgage Loan Products they offer

The company offers a wide range of mortgage products that are tailored to meet a variety of customer needs. Customers can choose from fixed-rate mortgages, adjustable-rate mortgages, government-backed zero-down payment options, FHA income-qualified loans, and more.

The company also has special financing solutions for those who are experiencing foreclosure or bankruptcy, as well as 100% financing programs available for customers with good credit scores and stable incomes.

Blue Spot Home Loans gives you more than just conventional mortgages at competitive prices, but rather an exceptional service through each step of the process.

Depending on the type you choose, the duration of your loan will vary between 15 and 30 years. Most homeowners take out fixed-rate mortgages with terms ranging from 10 to 15 years in duration because these are considered the option with the lowest risk, helping you to plan for your financial future more precisely.

Blue Spot Home Loans also offers customers a choice between the two most popular types of adjustable-rate mortgages. These include 5/1 ARMs and 7/1 ARMs. The former of these two options give you a fixed interest rate for a period of five years and then adjusts to account for changes in the market after that time, while the latter option is always adjusted every year on July 1st (the 7th month).

What Customers Say About Blue Spot Home Loans

Blue Spot Home Loans has received an A+ rating from the Better Business Bureau (BBB), which is one of the highest ratings that any company can get. The BBB believes that Blue Spot Home Loans has earned this excellent rating on account of the following factors:

•Blue Spot Home Loans responds promptly to customer complaints

•The company does not have any unresolved issues or negative feedback posted online regarding their business practices

•The company’s public records show no debts registered against them

In addition to these factors, Blue Spot Home Loans has also received 5/5 stars on Yelp as well.

Customer reviews on Blue Spot Home Loans are very positive. They say that this company provides excellent customer service and fast approval processing. It also offers great interest rates for the equity line of credit loans that it issues to people looking for debt consolidation help in Boise, ID.

Frequently Asked Questions

Customers often want to know what types of mortgages are available from Blue Spot Home Loans, how much money they need to make a down payment, and more.

The following is a list of frequently asked questions about this company:

Q: How long does it take to get approved for a mortgage with Blue Spot Home Loans?

A: It depends on your individual situation, but in many cases, customers receive preapproval within 24 hours after applying online or by calling in. The loan application process may last up to 90 days, depending on the amount of equity and specific financial situation.

Q: How long does it take to close on a mortgage?

A: The process of purchasing a home can take up to 90 days, though the company aims to speed up this time period with its streamlined online application system. Customers who opt for a traditional loan application process will find that it takes anywhere from 30-60 days to close on a mortgage and receive their financing once everything is approved.

Q: Can I apply for financing even if I have bad credit?

A: Yes. While most conventional lenders are not willing to work with people who themselves have bad credit, Blue Spot Home Loans is happy to help customers with just about any financial background. Those with good, fair, or poor credit histories are welcome to apply for assistance as long as they have a steady income and at least 20% equity in their homes already.

Q: How can I start the mortgage process?

A: If you are interested in taking advantage of this company’s services and financing options, simply fill out the short online application form on their website. This step-by-step questionnaire asks for information about you, your income, employment status, credit history, current home equity situation, etc., so that they know exactly what kind of loan program best suits your needs. The questionnaires are designed to be simple and straightforward while also providing all of the information that is necessary to truly assess your qualifications for a home loan.

Q: What does the company do if I can’t pay back my loan?

A: If you were approved for a mortgage based on certain assumptions regarding your current financial situation, but circumstances change before the closing day, and it appears that you will not be able to make payments on time and in full every month, after all, there is a chance that your loan might end up being modified instead of canceled. In this scenario, the lender typically makes minor adjustments to certain terms, such as the interest rate or the total number of payments, which helps you to better manage your loan payments even if they are a bit higher.

Q: Can I cancel my loan agreement once I sign?

A: While it might seem easy enough to walk out on a contract after agreeing to the terms and conditions and then changing your mind later on down the road, companies like Blue Spot Home Loans typically make their contracts non-cancelable by law. This means that even after you sign the contract and make it binding, they have to respect your wishes because nothing else can be done.

Contact Information

Blue Spot Home Loans company website:

Location: 7600 E Orchard Rd, Suite 250N Greenwood Village, CO 80111


Phone: 800-976-5608

Pros of Blue Spot Home Loans

Here are four of the many reasons to consider this program for your new home loan or refinance:

1) You can get a great interest rate

It’s likely that the rates you can get with Blue Spot are lower than what you’re currently paying for your home. A wide variety of rates are available with Blue Spot, depending on your current situation and credit score.

2) You don’t need to have stellar credit

If your credit score isn’t great, or if you have some sort of blemish on your history, this program won’t turn away from you. Y

3) You can get awesome terms and conditions

If flexibility is your thing, then this is the program for you. You can get up to 15 years with this loan, and you can even choose the number of payments you want each month.


1)They will charge an ongoing fee for holding your mortgage. This would be like paying a monthly fee on top of your mortgage interest rate.

2)BlueSpot Home Loans do not consider your income when qualifying you for a loan. This will mean that there are no options for getting a mortgage, even with bad credit or no credit. It will be the same outcome if you have a good income and excellent credit – you won’t qualify.


Blue Spot Home Loan understands that most of us need mortgages for several reasons: home, automobile, college education, business expansion, or retirement income security.

If you’re in the market for home loans, then I highly recommend considering Blue Spot as one of your best options based on their customer service and easy mortgage process. The site is very professional and gives off a good vibe about who they are as a company. Also, if you were looking for an online lending or mortgage company that’s trustworthy, then this would be where you start looking at first. With all the features mentioned above, along with the fact that BBB backs the company, it’s pretty obvious why Blue Spot is one of the best around.

Blue Spot Home understands that each borrower is unique, and Blue Spot will help you find the right loan program for your needs, whether it be for a purchase, refinancing, or investment property.

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