Question: Home Depot/Lowes, etc., have boiled linseed oil at a much cheaper price than the local art store that I go to.

Are there any problem using boiled linseed oil from these home stores for oil painting applications, cleaning brushes etc?

Answer: 
Since you tagged this as oil-paint, I assume that is your intended use.

Actually, the BLO that is sold in art stores is the same stuff that is peddled in hardware stores, be they large or small.

So you can use the BLO from the gallon cans for anything that you might use the BLO purchased from anywhere else. 

**Edit:**

Note that not all linseed oil is "boiled linseed oil". BLO is not even actually boiled, but has additives that cause it to dry faster. Raw linseed oil is a slow drying product and may be refined. Stand oil is heated and is lighter in color. 

Most hardware stores carry only BLO. 

Raw linseed oil is harder to find except in specialty stores (e.g. art supply houses). Art stores are likely to carry multiple forms of linseed oil, but the one with the "Boiled linseed oil" label contains the same stuff as from the hardware stores.
My understanding is that the art store stuff is better filtered and cooked differently.

I read that the main risk is early yellowing-browning....that being said I have used it in the past and I have paintings done 15-20 years ago using very liberal oil amounts (painting in layers, glazes: a very small amount of pigment diluted in a lot of oil), and i haven t noticed any color shifts or browning.

I think that if you use small amounts of oil or if you sell your paintings it's safer to stick to the art store type.
If you use a lot of oil, and as you mentioned for cleaning brushes, and the end result isn't critical, then sure do it.

( side note :I feel there is too much emphasis on "archival", last 100's of years, do it right or don't bother, from so many painters when the sad truth is that their paintings are extremely unlikely to survive them, if they even make it that far, while some artists can paint using Mayonaise and if they are great, there will always be ways to preserve their work)

( And side-side note, most of the museum grade classical painting were painted using crap, there was no quality control and no purification or controlled manufacturing processes, the pigments were often unevenly grounded full of impurities, unstable, mixed with bad oils and additives and some ingredients used were organic and decayed...for instance Indian Yellow was most likely made from the urine of Indian cows on a diet of mango leaves, Wikipedia has a good article on it....moreover some of the things we admire in classical paintings are actually due to "improper" conservation and "faulty" mediums)

Edit: just realized this is a very old question, though it was new. anyways, hope it helps.