Clearpath Lending · Virginia · 2025

Clearpath Lending in Virginia: approval rate, denial rate and rates (2025)

Clearpath Lending took 164 mortgage applications in Virginia in 2025, ranking #228 of 1,013 lenders active in the state. It originated 62.2% of them and denied 11.6% (15.7% of the applications it decided), against a statewide denial rate of 15.9%.

164Applicationsin VA
15.7%Decision denial ratestate 20.3%
5.69%Median ratestate 6.63%
$355,000Median loanstate $255,000
$42MVolume39 counties

Clearpath Lending in Virginia vs the state

11.6%Denial rate-4.35 pts vs state
15.7%Decision denial rate-4.55 pts vs state
62.2%Origination rate+2.68 pts vs state
5.69%Median rate-0.94 pts vs state
-0.82Rate spread (pts)-1.04 pts vs state
$86kMedian applicant income
102Loans originated
19Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231056910.5%5.63%#258
20241579614.7%5.75%#227
202516410211.6%5.69%#228

What Clearpath Lending lends in Virginia

By loan purpose

Refinance 120 73% · 6.7% denied
Cash-out refinance 44 27% · 25.0% denied

By loan type

Conventional 3 2% · 33.3% denied
VA 161 98% · 11.2% denied

Why it denied Virginia applicants

Other 12 63%
Credit history 3 16%
Debt-to-income ratio 2 11%
Insufficient cash 1 5%
Employment history 1 5%

Where in Virginia

Counties with the most Clearpath Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Virginia Beach city 1894 22.2%
Norfolk city 1570 0.0%
Chesterfield County 1492 14.3%
Newport News city 1253 25.0%
Hampton city 1071 10.0%
Henrico County 850 0.0%
Chesapeake city 851 12.5%
Suffolk city 741 14.3%
Stafford County 751 14.3%
Portsmouth city 651 16.7%

Other large lenders in Virginia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 19,39519.3%7.75%
Rocket MortgageC 19,27414.8%6.63%
United Shore Financial ServicesB 13,99410.4%6.12%
Truist BankC 11,83831.6%6.49%
Mortgage Research CenterC 9,00016.7%6.25%
Pennymac Loan ServicesC 8,33410.7%6.38%
Freedom MortgageB 8,0296.5%6.25%
Bank of AmericaF 6,58431.9%6.24%
NewrezD 6,39016.4%6.38%
Movement MortgageA 6,1264.3%6.56%

Frequently asked questions

Virginia: 164 applications in 2025, of which 102 were originated and 19 denied.

11.6% of all applications, or 15.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Clearpath Lending originated in Virginia in 2025 was 5.69%, against a statewide median of 6.63%.

About this data. Figures are Clearpath Lending's own HMDA filing for properties located in Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology