Clearpath Lending at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
44th12.1% deniedPricingmedian rate spread over APOR, weight 30%
98th-0.77 ptsProcesswithdrawn + incomplete share, weight 15%
22nd23.6%Closing coststotal loan costs ÷ loan amount, weight 10%
78th1.53% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,645 | 997 | 16.5% | 21.4% | 5.63% | $321M |
| 2024 | 2,370 | 1,540 | 13.9% | 17.7% | 5.75% | $508M |
| 2025 | 2,656 | 1,785 | 9.2% | 12.1% | 5.75% | $607M |
What Clearpath Lending lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 124 manufactured homes, 5 investment properties.
Why Clearpath Lending denies applications
Primary reason reported for each of the 245 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Clearpath Lending
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 68 | 36 | 30.8% |
| $50k – $100k | 279 | 187 | 17.6% |
| $100k – $150k | 156 | 105 | 19.9% |
| $150k – $250k | 69 | 41 | 22.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 48 | 28 | 17.7% |
| 25–34 | 312 | 206 | 7.6% |
| 35–44 | 411 | 272 | 12.3% |
| 45–54 | 379 | 246 | 14.6% |
| 55–64 | 514 | 351 | 12.0% |
| 65–74 | 557 | 388 | 12.0% |
| Over 74 | 435 | 294 | 12.2% |
Where Clearpath Lending lends
31 states and 724 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 272 | 185 | 6.6% | 5.63% | #357 |
| Florida | 237 | 151 | 10.1% | 5.75% | #346 |
| North Carolina | 211 | 141 | 9.0% | 5.63% | #226 |
| Virginia | 164 | 102 | 11.6% | 5.69% | #228 |
| Georgia | 147 | 106 | 7.5% | 5.75% | #287 |
| California | 146 | 99 | 9.6% | 5.75% | #395 |
| Arizona | 142 | 103 | 2.8% | 5.75% | #205 |
| Ohio | 131 | 89 | 12.2% | 5.75% | #288 |
| South Carolina | 109 | 68 | 16.5% | 5.75% | #249 |
| Tennessee | 101 | 61 | 9.9% | 5.75% | #325 |
| Maryland | 93 | 59 | 6.5% | 5.75% | #240 |
| Indiana | 86 | 60 | 15.1% | 5.63% | #295 |
| Michigan | 85 | 63 | 8.2% | 5.75% | #287 |
| Pennsylvania | 81 | 49 | 7.4% | 5.63% | #405 |
| Nevada | 78 | 51 | 10.3% | 5.63% | #166 |
| Colorado | 71 | 48 | 7.0% | 5.75% | #262 |
| Alabama | 68 | 50 | 8.8% | 5.75% | #270 |
| Arkansas | 65 | 50 | 10.8% | 5.75% | #189 |
| Kentucky | 55 | 40 | 5.5% | 5.63% | #260 |
| Louisiana | 53 | 37 | 9.4% | 5.75% | #246 |
| New Mexico | 53 | 34 | 11.3% | 5.63% | #147 |
| New Jersey | 52 | 29 | 7.7% | 5.63% | #350 |
| Wisconsin | 45 | 32 | 11.1% | 5.69% | #340 |
| Nebraska | 33 | 27 | 12.1% | 5.75% | #165 |
| Oregon | 29 | 18 | 6.9% | 5.69% | #273 |
| Hawaii | 16 | 10 | 6.3% | 5.50% | #142 |
| Idaho | 14 | 8 | 7.1% | 5.56% | #247 |
| Montana | 7 | 5 | 14.3% | 5.25% | #207 |
| Oklahoma | 5 | 5 | 0.0% | 5.99% | #495 |
Frequently asked questions
Clearpath Lending denied 12.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 44th percentile of mid-size mortgage lenders.
The most common reason Clearpath Lending gave in 2025 was "other", cited on 67.8% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Clearpath Lending originated in 2025 was 5.75%, and its median rate spread over the average prime offer rate was -0.77 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 2% of its applications were for home purchases, 98% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 4% conventional, 0% FHA, 96% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.