Cherry Creek Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 549300RBX56T2MW5HO19

Tax ID: 84-1040263

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Cherry Creek Mortgage is a small mortgage company specializing in Home Purchase loans. Cherry Creek Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Denver, Colorado Springs, Boulder, Greeley, and Riverside among others. We have data for 206 markets. (Some data included below & more in-depth data is available with an active subscription.)

Cherry Creek Mortgage has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Cherry Creek Mortgage is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.63% 12/17/24
30 Year Conventional Refi 6.39% 12/17/24
30 Year Cash-out Refi 6.63% 12/17/24
30 Year FHA Purchase 7.44% 12/17/24
30 Year FHA Refi 7.12% 12/17/24
30 Year VA Purchase 6.16% 12/17/24
30 Year VA Refi 5.95% 12/17/24
30 Year USDA Purchase 6.76% 12/17/24
15 Year Conventional Purchase 5.87% 12/17/24
15 Year Conventional Refi 5.72% 12/17/24
15 Year Cash-out Refi 5.72% 12/17/24
15 Year VA Purchase 5.28% 12/17/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Cherry Creek Mortgage Mortgage Calculator






Your Estimates

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This is not an official calculator from Cherry Creek Mortgage. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

9,639

Origination Dollar Volume (All Markets)

$2,923,165,000
Show all (82) awards

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2,566 $904,790,000 $352,607 $3,529 4.76%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1,001 $322,815,000 $322,493 $3,877 4.62%
BOULDER, CO (FHA|USDA|VA) 469 $191,085,000 $407,431 $2,895 4.77%
GREELEY, CO (FHA|USDA|VA) 372 $112,710,000 $302,984 $3,324 4.85%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 341 $100,925,000 $295,968 $5,615 4.93%
FORT COLLINS, CO (FHA|USDA|VA) 307 $99,175,000 $323,046 $2,543 4.82%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 453 $97,565,000 $215,375 $3,771 5.03%
ST. GEORGE, UT (FHA|USDA|VA) 282 $94,960,000 $336,738 $4,221 4.61%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 255 $87,275,000 $342,255 $3,900 4.78%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 270 $67,470,000 $249,889 $3,908 5.05%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 171 $53,465,000 $312,661 $4,725 5.07%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 266 $52,270,000 $196,504 $2,117 5.04%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 91 $51,265,000 $563,352 $5,368 4.76%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 200 $48,680,000 $243,400 $4,483 4.96%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 93 $44,465,000 $478,118 $8,646 4.81%
Outside of Metro Areas 186 $43,400,000 $233,333 $3,884 4.91%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 123 $31,665,000 $257,439 $4,499 5.27%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 127 $31,045,000 $244,449 $3,549 4.94%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 66 $28,180,000 $426,970 $5,940 4.58%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 91 $23,495,000 $258,187 $6,603 4.60%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 77 $20,235,000 $262,792 $3,936 4.98%
Breckenridge, CO (FHA|USDA|VA) 55 $18,725,000 $340,455 $3,190 4.81%
SHEBOYGAN, WI (FHA|USDA|VA) 125 $17,835,000 $142,680 $2,060 4.99%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 77 $16,685,000 $216,688 $4,700 4.70%
Port Angeles, WA (FHA|USDA|VA) 69 $16,475,000 $238,768 $4,170 4.94%
SALEM, OR (FHA|USDA|VA) 55 $14,755,000 $268,273 $3,975 4.85%
GRANTS PASS, OR (FHA|USDA|VA) 62 $13,900,000 $224,194 $4,782 4.56%
Steamboat Springs, CO (FHA|USDA|VA) 26 $13,870,000 $533,462 $3,258 4.68%
SALT LAKE CITY, UT (FHA|USDA|VA) 42 $13,200,000 $314,286 $4,971 4.72%
FLAGSTAFF, AZ (FHA|USDA|VA) 50 $12,740,000 $254,800 $4,274 4.96%
APPLETON, WI (FHA|USDA|VA) 74 $11,870,000 $160,405 $2,635 5.01%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 88 $11,030,000 $125,341 $3,432 5.19%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 43 $10,365,000 $241,047 $4,119 4.76%
GRAND JUNCTION, CO (FHA|USDA|VA) 40 $9,420,000 $235,500 $2,983 4.93%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 44 $8,550,000 $194,318 $4,218 4.79%
VALLEJO, CA (FHA|USDA|VA) 21 $7,665,000 $365,000 $5,805 4.99%
FRESNO, CA (FHA|USDA|VA) 32 $7,600,000 $237,500 $5,991 5.03%
Whitewater, WI (FHA|USDA|VA) 30 $7,340,000 $244,667 $2,090 5.10%
STOCKTON, CA (FHA|USDA|VA) 20 $6,920,000 $346,000 $3,820 4.94%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 28 $6,790,000 $242,500 $3,886 4.68%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 38 $6,620,000 $174,211 $2,001 5.12%
WALLA WALLA, WA (FHA|USDA|VA) 28 $5,870,000 $209,643 $4,349 5.05%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 11 $5,825,000 $529,545 $2,646 4.69%
LAS CRUCES, NM (FHA|USDA|VA) 42 $5,770,000 $137,381 $3,141 4.77%
MEDFORD, OR (FHA|USDA|VA) 22 $5,630,000 $255,909 $5,265 4.68%
JACKSONVILLE, FL (FHA|USDA|VA) 25 $5,545,000 $221,800 $5,592 4.62%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 34 $5,510,000 $162,059 $2,565 5.12%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 19 $4,915,000 $258,684 $3,568 4.84%
Glenwood Springs, CO (FHA|USDA|VA) 13 $4,865,000 $374,231 $1,021 4.76%
RACINE, WI (FHA|USDA|VA) 22 $4,630,000 $210,455 $4,157 5.30%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 22 $4,350,000 $197,727 $3,582 4.98%
Edwards, CO (FHA|USDA|VA) 7 $4,295,000 $613,571 $2,350 4.45%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 9 $4,155,000 $461,667 $3,577 4.82%
BEND, OR (FHA|USDA|VA) 14 $4,130,000 $295,000 $5,490 4.77%
PUEBLO, CO (FHA|USDA|VA) 18 $4,120,000 $228,889 $2,726 4.78%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 27 $3,775,000 $139,815 $1,710 4.97%
Fort Morgan, CO (FHA|USDA|VA) 14 $3,380,000 $241,429 $2,981 4.99%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 11 $3,115,000 $283,182 $4,676 4.54%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 7 $3,035,000 $433,571 $4,309 4.89%
PROVO-OREM, UT (FHA|USDA|VA) 8 $2,670,000 $333,750 $3,666 4.52%
Oak Harbor, WA (FHA|USDA|VA) 7 $2,615,000 $373,571 $5,602 4.56%
Shawano, WI (FHA|USDA|VA) 18 $2,550,000 $141,667 $2,048 4.89%
YUBA CITY, CA (FHA|USDA|VA) 9 $2,355,000 $261,667 $5,473 5.08%
GREEN BAY, WI (FHA|USDA|VA) 15 $2,255,000 $150,333 $2,478 5.13%
CaƱon City, CO (FHA|USDA|VA) 10 $2,170,000 $217,000 $2,711 4.86%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 3 $2,165,000 $721,667 $7,386 5.00%
Manitowoc, WI (FHA|USDA|VA) 18 $2,130,000 $118,333 $1,798 4.97%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 3 $2,075,000 $691,667 $6,097 4.78%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 6 $1,850,000 $308,333 $6,217 4.81%
ROCHESTER, MN (FHA|USDA|VA) 9 $1,825,000 $202,778 $4,173 4.93%
Beaver Dam, WI (FHA|USDA|VA) 11 $1,825,000 $165,909 $4,109 4.93%
ALBANY-LEBANON, OR (FHA|USDA|VA) 8 $1,790,000 $223,750 $5,880 4.52%
TUCSON, AZ (FHA|USDA|VA) 8 $1,730,000 $216,250 $2,575 5.11%
CHEYENNE, WY (FHA|USDA|VA) 6 $1,680,000 $280,000 $1,700 4.47%
Montrose, CO (FHA|USDA|VA) 7 $1,615,000 $230,714 $2,261 4.64%
BATTLE CREEK, MI (FHA|USDA|VA) 14 $1,610,000 $115,000 $2,487 5.14%
SANTA FE, NM (FHA|USDA|VA) 3 $1,565,000 $521,667 $4,244 4.91%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 3 $1,445,000 $481,667 $4,686 4.91%
Roseburg, OR (FHA|USDA|VA) 5 $1,435,000 $287,000 $2,900 4.88%
FOND DU LAC, WI (FHA|USDA|VA) 11 $1,415,000 $128,636 $2,458 5.13%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 6 $1,410,000 $235,000 $2,785 4.89%
Newport, OR (FHA|USDA|VA) 4 $1,390,000 $347,500 $2,962 4.72%
ROCKFORD, IL (FHA|USDA|VA) 7 $1,385,000 $197,857 $2,623 4.82%
MADISON, WI (FHA|USDA|VA) 7 $1,365,000 $195,000 $1,868 4.77%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 4 $1,310,000 $327,500 $5,183 4.89%
BAKERSFIELD, CA (FHA|USDA|VA) 5 $1,285,000 $257,000 $7,289 4.85%
CASPER, WY (FHA|USDA|VA) 6 $1,280,000 $213,333 $3,876 4.44%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $1,260,000 $315,000 $9,028 4.28%
Astoria, OR (FHA|USDA|VA) 3 $1,255,000 $418,333 $3,623 4.54%
IDAHO FALLS, ID (FHA|USDA|VA) 7 $1,205,000 $172,143 $3,595 4.73%
Durango, CO (FHA|USDA|VA) 4 $1,200,000 $300,000 $2,791 5.13%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 9 $1,195,000 $132,778 $2,874 5.32%
BOISE CITY, ID (FHA|USDA|VA) 4 $1,160,000 $290,000 $3,093 4.81%
CORVALLIS, OR (FHA|USDA|VA) 4 $1,150,000 $287,500 $4,446 5.09%
LOGAN, UT-ID (FHA|USDA|VA) 3 $1,075,000 $358,333 $5,163 4.63%
MODESTO, CA (FHA|USDA|VA) 4 $1,070,000 $267,500 $4,877 4.69%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $1,025,000 $341,667 $4,264 4.63%
Deming, NM (FHA|USDA|VA) 9 $975,000 $108,333 $3,161 4.69%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 5 $965,000 $193,000 $4,666 4.90%
Cedar City, UT (FHA|USDA|VA) 4 $920,000 $230,000 $2,890 4.84%
Brookings, OR (FHA|USDA|VA) 4 $910,000 $227,500 $6,186 4.66%
ANN ARBOR, MI (FHA|USDA|VA) 3 $895,000 $298,333 $2,809 5.04%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $880,000 $220,000 $3,870 4.72%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 4 $880,000 $220,000 $1,508 4.70%
Granbury, TX (FHA|USDA|VA) 4 $820,000 $205,000 $6,302 4.91%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $805,000 $805,000 $5,098 4.50%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $775,000 $258,333 $2,906 4.77%
Craig, CO (FHA|USDA|VA) 4 $770,000 $192,500 $2,252 4.94%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 6 $770,000 $128,333 $498 5.27%
Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $730,000 $365,000 $5,548 4.75%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 4 $720,000 $180,000 $446 5.16%
WAUSAU-WESTON, WI (FHA|USDA|VA) 5 $705,000 $141,000 $1,915 5.08%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 5 $685,000 $137,000 $1,663 5.18%
Outside of Metro Areas 2 $680,000 $340,000 $5,260 5.00%
SALINAS, CA (FHA|USDA|VA) 1 $675,000 $675,000 $0 4.56%
Jackson, WY-ID (FHA|USDA|VA) 2 $670,000 $335,000 $6,862 4.94%
Heber, UT (FHA|USDA|VA) 2 $650,000 $325,000 $4,312 4.94%
MIDLAND, TX (FHA|USDA|VA) 2 $640,000 $320,000 $6,611 4.75%
Susanville, CA (FHA|USDA|VA) 3 $615,000 $205,000 $3,429 4.77%
Aberdeen, WA (FHA|USDA|VA) 3 $605,000 $201,667 $2,206 5.42%
RENO, NV (FHA|USDA|VA) 2 $600,000 $300,000 $1,817 5.34%
Coos Bay, OR (FHA|USDA|VA) 2 $590,000 $295,000 $6,605 5.38%
Warsaw, IN (FHA|USDA|VA) 2 $560,000 $280,000 $1,636 5.13%
Kearney, NE (FHA|USDA|VA) 3 $555,000 $185,000 $0 4.95%
Holland, MI (FHA|USDA|VA) 2 $530,000 $265,000 $0 4.37%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $530,000 $265,000 $1,868 4.81%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $530,000 $265,000 $7,617 4.69%
Show Low, AZ (FHA|USDA|VA) 3 $525,000 $175,000 $4,686 5.00%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 4 $490,000 $122,500 $0 4.51%
Laramie, WY (FHA|USDA|VA) 2 $460,000 $230,000 $3,223 4.50%
Searcy, AR (FHA|USDA|VA) 1 $455,000 $455,000 $0 4.77%
Clinton, IA (FHA|USDA|VA) 3 $455,000 $151,667 $2,044 4.88%
Shelton, WA (FHA|USDA|VA) 2 $450,000 $225,000 $6,642 5.00%
LONGVIEW, WA (FHA|USDA|VA) 1 $435,000 $435,000 $3,663 4.50%
Red Wing, MN (FHA|USDA|VA) 2 $410,000 $205,000 $807 4.81%
Rochelle, IL (FHA|USDA|VA) 3 $405,000 $135,000 $3,630 5.33%
Prineville, OR (FHA|USDA|VA) 2 $390,000 $195,000 $8,122 4.44%
Stephenville, TX (FHA|USDA|VA) 2 $360,000 $180,000 $2,370 5.13%
Payson, AZ (FHA|USDA|VA) 3 $345,000 $115,000 $2,651 5.04%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $335,000 $335,000 $7,541 4.88%
PITTSBURGH, PA (FHA|USDA|VA) 1 $335,000 $335,000 $3,673 5.00%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $315,000 $315,000 $8,498 4.88%
Sterling, IL (FHA|USDA|VA) 2 $310,000 $155,000 $2,855 4.88%
GRAND ISLAND, NE (FHA|USDA|VA) 2 $310,000 $155,000 $0 4.70%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $285,000 $285,000 $0 4.31%
BELLINGHAM, WA (FHA|USDA|VA) 1 $285,000 $285,000 $4,897 4.50%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $275,000 $275,000 $1,805 3.25%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $260,000 $130,000 $3,370 5.50%
Blackfoot, ID (FHA|USDA|VA) 2 $260,000 $130,000 $2,706 4.81%
READING, PA (FHA|USDA|VA) 1 $255,000 $255,000 $5,723 4.75%
FLINT, MI (FHA|USDA|VA) 1 $245,000 $245,000 $4,222 4.75%
MUNCIE, IN (FHA|USDA|VA) 1 $245,000 $245,000 $8,793 4.75%
MERCED, CA (FHA|USDA|VA) 2 $240,000 $120,000 $4,281 5.44%
Centralia, WA (FHA|USDA|VA) 1 $235,000 $235,000 $2,328 4.63%
Harrison, AR (FHA|USDA|VA) 1 $235,000 $235,000 $0 5.10%
JACKSON, MI (FHA|USDA|VA) 2 $230,000 $115,000 $1,705 5.31%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 2 $230,000 $115,000 $5,789 5.38%
Ottawa, IL (FHA|USDA|VA) 1 $225,000 $225,000 $3,764 4.75%
CHICO, CA (FHA|USDA|VA) 1 $215,000 $215,000 $5,960 5.38%
MADERA, CA (FHA|USDA|VA) 1 $215,000 $215,000 $7,465 4.25%
Columbus, NE (FHA|USDA|VA) 1 $215,000 $215,000 $0 4.72%
SAN ANGELO, TX (FHA|USDA|VA) 2 $210,000 $105,000 $1,746 5.09%
YUMA, AZ (FHA|USDA|VA) 1 $205,000 $205,000 $4,355 4.88%
Ukiah, CA (FHA|USDA|VA) 1 $205,000 $205,000 $3,577 5.88%
Sheridan, WY (FHA|USDA|VA) 1 $205,000 $205,000 $1,466 4.88%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $205,000 $205,000 $1,131 5.00%
AMARILLO, TX (FHA|USDA|VA) 1 $195,000 $195,000 $0 4.80%
Rexburg, ID (FHA|USDA|VA) 1 $195,000 $195,000 $2,736 4.88%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $195,000 $195,000 $5,603 5.25%
Hermiston-Pendleton, OR (FHA|USDA|VA) 2 $190,000 $95,000 $2,061 5.13%
ODESSA, TX (FHA|USDA|VA) 1 $185,000 $185,000 $4,019 5.13%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $185,000 $185,000 $0 4.87%
TULSA, OK (FHA|USDA|VA) 1 $185,000 $185,000 $0 4.73%
Lexington, NE (FHA|USDA|VA) 1 $185,000 $185,000 $0 4.80%
Silver City, NM (FHA|USDA|VA) 1 $175,000 $175,000 $3,993 4.75%
El Campo, TX (FHA|USDA|VA) 1 $175,000 $175,000 $5,581 5.00%
PEORIA, IL (FHA|USDA|VA) 2 $170,000 $85,000 $2,955 5.13%
Gainesville, TX (FHA|USDA|VA) 1 $165,000 $165,000 $5,501 6.25%
Ellensburg, WA (FHA|USDA|VA) 1 $165,000 $165,000 $150 5.88%
Austin, MN (FHA|USDA|VA) 1 $165,000 $165,000 $6,344 4.99%
Owatonna, MN (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.52%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $145,000 $145,000 $2,520 5.25%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $145,000 $145,000 $3,358 4.13%
DULUTH, MN-WI (FHA|USDA|VA) 1 $145,000 $145,000 $0 3.77%
Nogales, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $2,024 4.63%
Marquette, MI (FHA|USDA|VA) 1 $135,000 $135,000 $1,433 5.00%
TWIN FALLS, ID (FHA|USDA|VA) 1 $135,000 $135,000 $1,391 5.38%
Stevens Point, WI (FHA|USDA|VA) 1 $135,000 $135,000 $2,542 4.38%
TYLER, TX (FHA|USDA|VA) 1 $125,000 $125,000 $0 4.78%
KANKAKEE, IL (FHA|USDA|VA) 1 $125,000 $125,000 $3,687 5.00%
Sterling, CO (FHA|USDA|VA) 1 $125,000 $125,000 $50 4.88%
ABILENE, TX (FHA|USDA|VA) 1 $125,000 $125,000 $0 4.77%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $125,000 $125,000 $2,579 5.75%
Baraboo, WI (FHA|USDA|VA) 1 $115,000 $115,000 $1,064 5.38%
LINCOLN, NE (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.11%
DECATUR, IL (FHA|USDA|VA) 1 $115,000 $115,000 $788 5.63%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.27%
Washington, IN (FHA|USDA|VA) 1 $115,000 $115,000 $1,623 5.00%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $105,000 $105,000 $2,255 5.75%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $105,000 $105,000 $644 5.25%
WACO, TX (FHA|USDA|VA) 1 $105,000 $105,000 $2,319 5.63%
Klamath Falls, OR (FHA|USDA|VA) 1 $95,000 $95,000 $2,544 5.38%
Scottsbluff, NE (FHA|USDA|VA) 1 $95,000 $95,000 $0 4.90%
Pampa, TX (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.26%
Alamogordo, NM (FHA|USDA|VA) 1 $65,000 $65,000 $1,605 5.50%
Dixon, IL (FHA|USDA|VA) 1 $65,000 $65,000 $439 4.88%
Cherry Creek Mortgage's top markets include Denver, Colorado Springs, Boulder, Greeley, and Riverside among others.

Their top states include:
  • Colorado (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Utah (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against CHERRY CREEK MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Monterey Credit Union
    Similarity Rank: 16
    SANTA CLARA COUNTY
    Similarity Rank: 20
    Kohler Credit Union
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    El Dorado Savings Bank, F.S.B.
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    UNITEDONE Credit Union
    Similarity Rank: 48
    MYPOINT Credit Union
    Similarity Rank: 55
    SESLOC
    Similarity Rank: 70
    FRONTWAVE
    Similarity Rank: 84
    Montecito Bank & Trust
    Similarity Rank: 90
    OREGON COMMUNITY
    Similarity Rank: 114

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 6,356 $1,952,990,000 $307,267 $2,716 4.90%
    FHA 1,588 $397,400,000 $250,252 $6,331 4.85%
    VA 1,056 $350,860,000 $332,254 $6,102 4.53%
    FHA 537 $203,605,000 $379,153 $0 4.53%
    USDA 102 $18,310,000 $179,510 $2,868 4.66%

    For 2018, Cherry Creek Mortgage's most frequently originated type of loan was Conventional, with 6,356 originations. Their 2nd most popular type was FHA, with 1,588 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 7,629 $2,310,365,000 $302,840 $3,697 4.84%
    Cash Out Refi 1,129 $313,115,000 $277,338 $3,904 4.88%
    Refi 881 $299,685,000 $340,165 $4,048 4.66%

    For 2018, Cherry Creek Mortgage's most frequently cited loan purpose was Home Purchase, with 7,629 originations. The 2nd most popular reason was Cash Out Refi, with 1,129 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 8,733 $2,629,035,000 $301,046 $3,777 4.86%
    Other 546 $205,610,000 $376,575 $3,627 4.54%
    15 Year 222 $54,250,000 $244,369 $3,010 4.33%
    20 Year 127 $33,075,000 $260,433 $2,709 4.60%
    10 Year 11 $1,195,000 $108,636 $2,375 4.61%

    For 2018, Cherry Creek Mortgage's most frequently cited loan duration was 30 Year, with 8,733 originations. The 2nd most popular length was Other, with 546 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 7,003 $2,045,005,000 $292,018
    $1k-2k 989 $280,665,000 $283,787
    $2k-3k 498 $152,440,000 $306,104
    $3k-4k 256 $91,250,000 $356,445
    $5k+ 217 $100,585,000 $463,525
    $4k-5k 139 $49,615,000 $356,942

    Cherry Creek Mortgage's average total fees were $3,777, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 7,003 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 6,366 $2,065,720,000 $324,493
    5-6% 2,753 $687,065,000 $249,570
    3-4% 452 $152,280,000 $336,903
    6-7% 55 $13,295,000 $241,727
    7-8% 9 $3,755,000 $417,222
    Over 8% 4 $1,050,000 $262,500

    During 2018, Cherry Creek Mortgage's average interest rate for loans was 4.86%, while their most frequently originated rate bucket for loans was 4-5%, with 6,366 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 5,331 $1,569,245,000 $294,362 $3,846 4.80%
    $100k-200k 2,019 $313,115,000 $155,084 $2,856 4.99%
    $400k-600k 1,629 $756,665,000 $464,497 $4,522 4.69%
    $100,000 or less 317 $24,975,000 $78,785 $2,223 5.17%
    $600k-1MM 311 $218,245,000 $701,752 $5,461 4.65%
    $1MM+ 32 $40,920,000 $1,278,750 $6,875 4.36%

    2018 saw Cherry Creek Mortgage place emphasis on $200k-400k loans with 5,331 originations, totaling $1,569,245,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 2,279 $544,685,000 $239,002 $3,616 4.87%
    $100k-150k 2,257 $761,235,000 $337,277 $3,875 4.80%
    $75k-100k 1,923 $558,355,000 $290,356 $4,116 4.84%
    $150k-250k 1,171 $477,905,000 $408,117 $3,803 4.81%
    $50k or less 1,081 $171,545,000 $158,691 $2,941 4.95%
    $250k+ 387 $204,655,000 $528,824 $3,875 4.82%

    Cherry Creek Mortgage lent most frequently to those with incomes in the $50k-75k range, with 2,279 originations. The second most popular income band? $100k-150k, with 2,257 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 1,544 $463,580,000 $300,246 $3,353 4.83%
    20-30% 1,311 $389,895,000 $297,403 $3,058 4.79%
    50-60% 600 $178,760,000 $297,933 $6,310 4.69%
    49% 481 $140,385,000 $291,861 $3,692 4.88%
    44% 458 $133,500,000 $291,485 $4,033 4.94%
    42% 425 $139,585,000 $328,435 $3,791 4.90%
    41% 408 $127,370,000 $312,181 $3,758 4.88%
    43% 388 $116,110,000 $299,253 $4,009 4.91%
    48% 381 $110,435,000 $289,856 $4,392 4.86%
    46% 378 $107,520,000 $284,444 $3,754 4.82%
    47% 376 $108,750,000 $289,229 $3,954 4.88%
    40% 358 $105,170,000 $293,771 $3,522 4.87%
    <20% 348 $100,530,000 $288,879 $2,725 4.80%
    39% 344 $101,360,000 $294,651 $3,383 4.93%
    45% 341 $97,935,000 $287,199 $3,730 4.87%
    38% 335 $99,935,000 $298,313 $3,480 4.89%
    36% 315 $100,125,000 $317,857 $3,826 4.83%
    37% 292 $91,500,000 $313,356 $3,589 4.88%
    >60% 10 $3,460,000 $346,000 $7,084 4.95%

    Cherry Creek Mortgage lent most frequently to those with DTI ratios of 30-36%, with 1,544 originations. The next most common DTI ratio? 20-30%, with 1,311 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 7,719 $2,337,925,000 $302,879 $3,629 4.83%
    Not provided 1,274 $404,540,000 $317,535 $3,876 4.82%
    Black 307 $78,855,000 $256,857 $4,655 4.91%
    Asian 244 $72,490,000 $297,090 $4,254 4.84%
    American Indian 58 $16,740,000 $288,621 $7,276 4.80%
    Native Hawaiian or Islander 33 $11,435,000 $346,515 $4,971 4.82%
    Filipino 1 $435,000 $435,000 $0 4.75%
    Vietnamese 1 $345,000 $345,000 $7,310 4.50%
    Asian Indian 1 $205,000 $205,000 $0 5.02%
    Chinese 1 $195,000 $195,000 $2,919 5.25%

    Approval Rates

    Total approvals of all applications
    93.38%

    Cherry Creek Mortgage has an average approval rate.

    Pick Rate

    Approvals leading to origination
    78.86%

    Cherry Creek Mortgage has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 9,639 $2,923,165,000 $303,264

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 133 $25,145,000 $189,060
    Single Family (1-4 Units):Site-Built 9,506 $2,898,020,000 $304,862

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 223 $43,945,000 $197,063 $2,524 4.73%
    40-60% 740 $198,710,000 $268,527 $2,705 4.76%
    60-80% 2,875 $935,385,000 $325,351 $3,108 4.89%
    80-100% 5,506 $1,655,630,000 $300,696 $4,137 4.82%
    Over 100% 162 $53,460,000 $330,000 $10,603 4.53%
    Under 20% 21 $3,075,000 $146,429 $2,544 4.78%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    CHERRY CREEK MORTGAGE COMPANY INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 20.0%
    CHERRY CREEK MORTGAGE COMPANY INC. Conventional home mortgage Closing on a mortgage 1 20.0%
    CHERRY CREEK MORTGAGE COMPANY INC. Conventional home mortgage Trouble during payment process 2 40.0%
    CHERRY CREEK MORTGAGE COMPANY INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 20.0%