Blue Sky Financial – Apply & Get Approved

blue sky financial

Today we’ll look at “Blue Sky Financial,” a company whose objective is to save you time and money so you can spend more time outside enjoying those gorgeous blue sky.


The company, which was founded in 2020, describes itself as a discount mortgage brokerage, which means it works with third-party lenders to find a house for your loan.

They also appear to offer inexpensive mortgage rates, which they claim are made possible by “digital efficiency,” i.e. cutting-edge technology and lower overhead.

Let us learn more about them.

What you Should Know About Blue Sky Financial

  • A discount mortgage brokerage that is completely independent.
  • Provides mortgage refinancing and home buying financing.
  • The company was founded in 2020 and is based in Boise, Idaho.
  • Boise, Sun Valley, and West Palm Beach are the three physical locations.
  • Approximately two dozen loan officers are employed across the country.
  • Currently licensed for business operations in eight states.

Blue Sky Financial, as previously stated, is a mortgage brokerage, which means it links clients with a wholesale mortgage lender who provides money.


While this means they’ll have to resort to another company to complete your loan, it also means they’ll be able to offer more loan packages because they have numerous lending partners.

They provide house purchase financing as well as mortgage refinances, much like other mortgage lenders.

They have three physical locations: one each in Boise and Sun Valley, Idaho, as well as a branch in West Palm Beach, Florida.

California, Colorado, Florida, Idaho, Illinois, New Jersey, Ohio, and Washington are the only states where they are now licensed.

It’s unclear whether they aim to extend to other states soon or stick to just three for the time being.


How to Apply for a Home Loan with Blue Sky Financial

  • They call their loan application process the “10 Minute Application.”
  • It’s an Ellie Mae-powered digital mortgage platform.
  • You can apply online, upload documentation proving your income and assets, and eSign disclosures.
  • Their online borrower portal allows you to track the development of your loan and receive notifications along the way.
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Blue Sky Financial is committed to making it simple to apply for a house loan, and they’ve teamed up with fintech firm Ellie Mae (ICE) to do it.

They claim that their “10 Minute Application” provides a superior mortgage experience, which sounds quick enough, even if Rocket Mortgage claims it takes only eight minutes.

To get started, simply go to their website ( and click on “Start application.”

This will take you to a website where you can start filling out your personal and financial information online.

To verify your information, you can link financial accounts and/or submit documents such as pay stubs and bank statements as required.

You can also eSign critical disclosures with a single click to expedite what is normally a time-consuming process.

After you’ve filed your application, a loan officer and processor will go over pricing with you and prepare your file for submission to the underwriting department.

Those interested in getting pre-qualified for a mortgage should follow the same steps outlined above.

If you wish to deal with a certain loan officer, you can look up their profiles on their website and contact them before applying.

It could be a better idea to seek loan pricing from a real loan officer first, then move on to the application if you’re satisfied with what you hear.

Overall, it appears to be rather simple to get started with Blue Sky Financial, and if you don’t want to contact or speak with someone, you may price a loan on your own using their website.

Loan Programs by Blue Sky Financial

  • Home purchase loans
  • Conforming loans backed by Fannie Mae and Freddie Mac
  • Refinance loans: rate and term and cash out
  • FHA loans
  • Jumbo loans
  • VA loans
  • Fixed-rate mortgages: 15-year fixed, 30-year fixed, etc.
  • Adjustable-rate mortgages: 7/1 ARM, 5/1 ARM
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While they don’t feature specific loan programs on their website, I’m guessing they provide the complete range of services you’d expect from a large lender.

Because they’re a mortgage broker, they can send your loan to one of their many partners based on its characteristics.

They may, for example, have one partner who accepts jumbo loans and another who is an excellent fit for FHA or VA loans.

A house purchase loan or a refinance loans, such as a rate and term refinance or a cash-out refinance, are both options.

They lend on single-family homes, condos/townhomes, 1-4-unit investment properties, and other common property types.

It’s unclear whether they offer USDA loans or any other unique financing choices, such as interest-only loans.

It would be helpful if they gave more information about possible loan options on their website so we didn’t have to guess.

Blue Sky Financial Mortgage Rates

The “Loan Pricer” on Blue Sky Financial’s website is one of the advantages of doing business with them.

It allows you to enter your loan information and examine current mortgage rates without having to register or log in.

It will display an interest rate as well as a price, which is the corresponding lender credit or points required for the rate.

If you’re just looking around, you can play with different rates and prices across different scenarios, then contact a loan representative to confirm pricing.

It’s a welcome touch of transparency, as few institutions make their mortgage rates available online.

Blue Sky Financial’s mortgage rates may also be found on prominent home loans comparison websites like Bankrate or Zillow.

So they appear to be ahead of the pack in terms of pricing, which is a good indicator if you’re looking for the best deals.

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However, they make no mention of lender fees, so it’s unclear whether they charge an application fee, a loan origination fee, or something else.

When comparing lenders, make sure to ask about such fees as well.

Blue Sky Financial Login

For your blue sky finance login follow the easy steps below:

  1. Head over to the official blue sky webpage
  2. Click borrower login at top rightblue sky financial
  3. Enter your username and password
  4. Click login

Blue Sky Financial Reviews

Blue Sky Financial has a 4.83-star rating out of 5 on Zillow, based on around 60 customer reviews.

Similarly, they have a 4.8-star rating on Bankrate, based on roughly 30 reviews, with the majority of them being flawless 5-stars.

At the time of writing, they had a 5.0 rating on Google, based on 21 reviews. Despite the small sample sizes, they appear to be making customers happy so far across all rating sites.

Blue Sky Financial isn’t a BBB-accredited company, and it doesn’t have a rating, which could be due to the fact that they’re still very young.

In conclusion, despite their youth, they are a well-liked organization that appears to use cutting-edge technology while delivering competitive mortgage rates.

That implies they could be a suitable fit for current homeowners wishing to refinance or even first-time home buyers.

Blue Sky Financial Pros and Cons


  • Easily apply from any device.
  • Ellie Mae is in charge of their digital mortgage application (ICE)
  • Their loan pricer allows you to see today’s mortgage rates.
  • They have outstanding ratings from past customers.
  • On-site mortgage calculators are available for free.


  • Only available in 8 states
  • No BBB rating
  • Their lender fees is not very clear


Blue Sky Financial is transparent and easy to work with. Sometimes going through a broker is worth it, especially when that broker is Blue Sky Finance.


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