Clearpath Lending Mortgage Rates, Fees & Info

Sacramento, CA

LEI: 549300G5DVGM0ZHRQC33

Tax ID: 45-5510883

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Mortgage Data

Review & Overview

Clearpath Lending is a smaller mortgage company specializing in Cash Out Refi loans. Clearpath Lending has a low ratio of conventional loans. Their top markets by origination volume include: Riverside, Phoenix, Atlanta, Washington, and Virginia Beach among others. We have data for 255 markets. (Some data included below & more in-depth data is available with an active subscription.)

Clearpath Lending has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. They typically have relatively high 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 6.91% 4/18/24
30 Year Conventional Refi 6.59% 4/18/24
30 Year Cash-out Refi 6.70% 4/18/24
30 Year FHA Refi 7.08% 4/18/24
30 Year VA Purchase 6.24% 4/18/24
30 Year VA Refi 5.67% 4/18/24
15 Year Conventional Refi 6.68% 4/18/24
15 Year Cash-out Refi 6.68% 4/18/24
15 Year VA Refi 5.68% 4/18/24
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.

Clearpath Lending Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Clearpath Lending. 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

997

Origination Dollar Volume (All Markets)

$320,985,000

Relative Rate

Clearpath Lending's average 30 year fixed mortgage rate was 5.73%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of -0.75%.

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
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 31 $12,525,000 $404,032 $0 5.66%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 33 $12,235,000 $370,758 $0 5.75%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 37 $12,145,000 $328,243 $0 5.62%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 25 $10,985,000 $439,400 $0 5.59%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 31 $9,585,000 $309,194 $0 5.63%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 26 $9,490,000 $365,000 $0 5.69%
Outside of Metro Areas 32 $8,720,000 $272,500 $0 6.03%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 19 $6,995,000 $368,158 $0 5.87%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 18 $6,590,000 $366,111 $0 5.62%
JACKSONVILLE, FL (FHA|USDA|VA) 17 $6,205,000 $365,000 $0 5.52%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 16 $5,670,000 $354,375 $0 5.48%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 18 $5,490,000 $305,000 $0 5.67%
FAYETTEVILLE, NC (FHA|USDA|VA) 17 $4,475,000 $263,235 $0 5.60%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 7 $4,365,000 $623,571 $0 5.50%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 12 $4,300,000 $358,333 $0 5.82%
COLORADO SPRINGS, CO (FHA|USDA|VA) 10 $4,280,000 $428,000 $0 5.95%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 13 $4,175,000 $321,154 $0 5.71%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 8 $3,870,000 $483,750 $0 5.50%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 12 $3,650,000 $304,167 $0 6.00%
TUCSON, AZ (FHA|USDA|VA) 14 $3,640,000 $260,000 $0 5.58%
URBAN HONOLULU, HI (FHA|USDA|VA) 5 $3,635,000 $727,000 $0 5.65%
RICHMOND, VA (FHA|USDA|VA) 12 $3,490,000 $290,833 $0 5.66%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 8 $3,400,000 $425,000 $0 5.80%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 8 $3,030,000 $378,750 $0 5.83%
COLUMBIA, SC (FHA|USDA|VA) 12 $2,970,000 $247,500 $0 5.95%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 10 $2,930,000 $293,000 $0 5.71%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 8 $2,910,000 $363,750 $0 5.48%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 11 $2,895,000 $263,182 $0 5.68%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 8 $2,880,000 $360,000 $0 5.69%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 9 $2,845,000 $316,111 $0 6.07%
ALBUQUERQUE, NM (FHA|USDA|VA) 10 $2,810,000 $281,000 $0 5.87%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 9 $2,585,000 $287,222 $0 5.63%
RALEIGH-CARY, NC (FHA|USDA|VA) 8 $2,490,000 $311,250 $0 5.48%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 8 $2,470,000 $308,750 $0 5.75%
DAYTON-KETTERING, OH (FHA|USDA|VA) 8 $2,420,000 $302,500 $0 5.53%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 7 $2,295,000 $327,857 $0 5.50%
BOISE CITY, ID (FHA|USDA|VA) 5 $2,235,000 $447,000 $0 5.30%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 7 $2,195,000 $313,571 $0 5.73%
KNOXVILLE, TN (FHA|USDA|VA) 7 $2,195,000 $313,571 $0 5.93%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 6 $2,080,000 $346,667 $0 5.85%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 8 $2,060,000 $257,500 $0 6.06%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $2,055,000 $685,000 $0 5.63%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 6 $2,050,000 $341,667 $0 5.39%
COLUMBUS, OH (FHA|USDA|VA) 8 $2,030,000 $253,750 $0 6.28%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 6 $2,020,000 $336,667 $0 6.19%
BAKERSFIELD, CA (FHA|USDA|VA) 7 $1,915,000 $273,571 $0 5.91%
Ontario, OR-ID (FHA|USDA|VA) 4 $1,890,000 $472,500 $0 5.28%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 6 $1,880,000 $313,333 $0 5.71%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 6 $1,600,000 $266,667 $0 5.44%
HUNTSVILLE, AL (FHA|USDA|VA) 5 $1,585,000 $317,000 $0 5.98%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 7 $1,585,000 $226,429 $0 5.80%
STOCKTON, CA (FHA|USDA|VA) 3 $1,565,000 $521,667 $0 7.08%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 5 $1,545,000 $309,000 $0 5.41%
SAVANNAH, GA (FHA|USDA|VA) 6 $1,530,000 $255,000 $0 5.71%
YUMA, AZ (FHA|USDA|VA) 4 $1,450,000 $362,500 $0 5.53%
PUEBLO, CO (FHA|USDA|VA) 5 $1,415,000 $283,000 $0 5.80%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 5 $1,375,000 $275,000 $0 5.35%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $1,355,000 $451,667 $0 5.63%
JACKSONVILLE, NC (FHA|USDA|VA) 5 $1,345,000 $269,000 $0 6.09%
Helena, MT (FHA|USDA|VA) 3 $1,335,000 $445,000 $0 5.42%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 5 $1,325,000 $265,000 $0 5.82%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 5 $1,325,000 $265,000 $0 5.85%
HINESVILLE, GA (FHA|USDA|VA) 6 $1,310,000 $218,333 $0 5.67%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 6 $1,290,000 $215,000 $0 5.43%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 4 $1,280,000 $320,000 $0 6.19%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 4 $1,270,000 $317,500 $0 6.69%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 4 $1,260,000 $315,000 $0 5.56%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $1,240,000 $620,000 $0 5.81%
Outside of Metro Areas 3 $1,225,000 $408,333 $0 5.46%
Cañon City, CO (FHA|USDA|VA) 4 $1,200,000 $300,000 $0 6.62%
Holland, MI (FHA|USDA|VA) 3 $1,185,000 $395,000 $0 5.50%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 5 $1,175,000 $235,000 $0 5.75%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 6 $1,140,000 $190,000 $0 5.79%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $1,020,000 $510,000 $0 5.69%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $970,000 $485,000 $0 6.38%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 4 $960,000 $240,000 $0 5.40%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 3 $945,000 $315,000 $0 6.00%
ROANOKE, VA (FHA|USDA|VA) 3 $935,000 $311,667 $0 5.46%
LAS CRUCES, NM (FHA|USDA|VA) 3 $895,000 $298,333 $0 5.46%
SUMTER, SC (FHA|USDA|VA) 4 $890,000 $222,500 $0 5.84%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $890,000 $445,000 $0 5.94%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 2 $870,000 $435,000 $0 5.56%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $865,000 $288,333 $0 5.99%
MADISON, WI (FHA|USDA|VA) 3 $835,000 $278,333 $0 5.83%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $835,000 $278,333 $0 5.42%
RENO, NV (FHA|USDA|VA) 2 $830,000 $415,000 $0 5.69%
FRESNO, CA (FHA|USDA|VA) 3 $825,000 $275,000 $0 6.79%
ASHEVILLE, NC (FHA|USDA|VA) 2 $820,000 $410,000 $0 5.75%
OCALA, FL (FHA|USDA|VA) 3 $815,000 $271,667 $0 5.13%
SALINAS, CA (FHA|USDA|VA) 1 $805,000 $805,000 $0 5.25%
COLUMBUS, GA-AL (FHA|USDA|VA) 3 $795,000 $265,000 $0 5.50%
AKRON, OH (FHA|USDA|VA) 3 $795,000 $265,000 $0 5.79%
NILES, MI (FHA|USDA|VA) 2 $790,000 $395,000 $0 5.75%
Kalispell, MT (FHA|USDA|VA) 1 $775,000 $775,000 $0 5.63%
THE VILLAGES, FL (FHA|USDA|VA) 2 $770,000 $385,000 $0 5.31%
Pahrump, NV (FHA|USDA|VA) 3 $755,000 $251,667 $0 5.87%
LEWISTON, ID-WA (FHA|USDA|VA) 2 $740,000 $370,000 $0 5.50%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $735,000 $245,000 $0 5.58%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 2 $730,000 $365,000 $0 5.44%
SPARTANBURG, SC (FHA|USDA|VA) 3 $725,000 $241,667 $0 6.04%
LAFAYETTE, LA (FHA|USDA|VA) 3 $725,000 $241,667 $0 5.88%
STAUNTON, VA (FHA|USDA|VA) 2 $720,000 $360,000 $0 5.06%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $720,000 $360,000 $0 5.18%
Kapaa, HI (FHA|USDA|VA) 1 $715,000 $715,000 $0 5.38%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $710,000 $355,000 $0 5.94%
ROCKY MOUNT, NC (FHA|USDA|VA) 3 $705,000 $235,000 $0 6.00%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $660,000 $330,000 $0 5.18%
MUSKEGON, MI (FHA|USDA|VA) 2 $640,000 $320,000 $0 6.00%
REDDING, CA (FHA|USDA|VA) 2 $640,000 $320,000 $0 5.25%
MISSOULA, MT (FHA|USDA|VA) 1 $635,000 $635,000 $0 5.25%
SPRINGFIELD, OH (FHA|USDA|VA) 2 $630,000 $315,000 $0 6.06%
MONTGOMERY, AL (FHA|USDA|VA) 3 $625,000 $208,333 $0 6.04%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $620,000 $310,000 $0 5.38%
POCATELLO, ID (FHA|USDA|VA) 2 $620,000 $310,000 $0 5.94%
BURLINGTON, NC (FHA|USDA|VA) 2 $620,000 $310,000 $0 5.74%
HOT SPRINGS, AR (FHA|USDA|VA) 2 $600,000 $300,000 $0 6.38%
Nogales, AZ (FHA|USDA|VA) 2 $590,000 $295,000 $0 5.56%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 3 $575,000 $191,667 $0 6.67%
LYNCHBURG, VA (FHA|USDA|VA) 2 $570,000 $285,000 $0 5.25%
MORRISTOWN, TN (FHA|USDA|VA) 2 $570,000 $285,000 $0 5.75%
SALEM, OR (FHA|USDA|VA) 2 $570,000 $285,000 $0 4.94%
GREEN BAY, WI (FHA|USDA|VA) 1 $555,000 $555,000 $0 6.00%
NEW BERN, NC (FHA|USDA|VA) 2 $550,000 $275,000 $0 5.69%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $550,000 $275,000 $0 5.56%
Morehead City, NC (FHA|USDA|VA) 1 $535,000 $535,000 $0 6.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $530,000 $265,000 $0 7.13%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $530,000 $265,000 $0 6.24%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 3 $515,000 $171,667 $0 5.71%
CANTON-MASSILLON, OH (FHA|USDA|VA) 2 $510,000 $255,000 $0 6.13%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $510,000 $255,000 $0 5.88%
Sanford, NC (FHA|USDA|VA) 2 $510,000 $255,000 $0 5.56%
GOLDSBORO, NC (FHA|USDA|VA) 2 $510,000 $255,000 $0 5.81%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $505,000 $505,000 $0 5.50%
Sonora, CA (FHA|USDA|VA) 1 $495,000 $495,000 $0 5.63%
WARNER ROBINS, GA (FHA|USDA|VA) 2 $490,000 $245,000 $0 6.44%
HARRISONBURG, VA (FHA|USDA|VA) 2 $490,000 $245,000 $0 5.50%
MERCED, CA (FHA|USDA|VA) 2 $480,000 $240,000 $0 6.13%
St. Marys, GA (FHA|USDA|VA) 1 $475,000 $475,000 $0 4.88%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $470,000 $235,000 $0 5.94%
PITTSBURGH, PA (FHA|USDA|VA) 2 $460,000 $230,000 $0 6.50%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $460,000 $230,000 $0 5.19%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $460,000 $230,000 $0 5.56%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $455,000 $455,000 $0 5.63%
MOBILE, AL (FHA|USDA|VA) 2 $440,000 $220,000 $0 6.31%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $440,000 $220,000 $0 5.44%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $435,000 $435,000 $0 5.13%
Moscow, ID (FHA|USDA|VA) 1 $435,000 $435,000 $0 5.63%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 2 $430,000 $215,000 $0 6.56%
EL CENTRO, CA (FHA|USDA|VA) 1 $405,000 $405,000 $0 6.50%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $405,000 $405,000 $0 6.38%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $400,000 $200,000 $0 5.25%
IDAHO FALLS, ID (FHA|USDA|VA) 1 $395,000 $395,000 $0 5.25%
SAN ANGELO, TX (FHA|USDA|VA) 1 $395,000 $395,000 $0 6.00%
Wilson, NC (FHA|USDA|VA) 1 $385,000 $385,000 $0 5.13%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 2 $380,000 $190,000 $0 6.88%
BATON ROUGE, LA (FHA|USDA|VA) 2 $380,000 $190,000 $0 5.88%
LINCOLN, NE (FHA|USDA|VA) 2 $380,000 $190,000 $0 5.69%
GAINESVILLE, FL (FHA|USDA|VA) 1 $375,000 $375,000 $0 5.25%
GRAND ISLAND, NE (FHA|USDA|VA) 1 $365,000 $365,000 $0 5.25%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $365,000 $365,000 $0 7.13%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $355,000 $355,000 $0 5.63%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $355,000 $355,000 $0 4.99%
Boone, NC (FHA|USDA|VA) 1 $345,000 $345,000 $0 4.99%
READING, PA (FHA|USDA|VA) 1 $345,000 $345,000 $0 5.50%
LEBANON, PA (FHA|USDA|VA) 1 $345,000 $345,000 $0 6.00%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $345,000 $345,000 $0 5.13%
FARMINGTON, NM (FHA|USDA|VA) 1 $345,000 $345,000 $0 6.13%
ALEXANDRIA, LA (FHA|USDA|VA) 2 $340,000 $170,000 $0 6.75%
Shelby, NC (FHA|USDA|VA) 1 $335,000 $335,000 $0 5.13%
BATTLE CREEK, MI (FHA|USDA|VA) 2 $330,000 $165,000 $0 6.06%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $325,000 $325,000 $0 6.00%
WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $325,000 $325,000 $0 5.75%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $325,000 $325,000 $0 5.38%
CHICO, CA (FHA|USDA|VA) 1 $325,000 $325,000 $0 5.63%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $315,000 $315,000 $0 5.50%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $315,000 $315,000 $0 5.25%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $305,000 $305,000 $0 5.88%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $305,000 $305,000 $0 5.50%
Albertville, AL (FHA|USDA|VA) 1 $305,000 $305,000 $0 5.63%
Milledgeville, GA (FHA|USDA|VA) 1 $305,000 $305,000 $0 5.63%
Hilo, HI (FHA|USDA|VA) 1 $305,000 $305,000 $0 5.88%
AMARILLO, TX (FHA|USDA|VA) 1 $295,000 $295,000 $0 6.13%
Fernley, NV (FHA|USDA|VA) 1 $295,000 $295,000 $0 5.99%
MANSFIELD, OH (FHA|USDA|VA) 1 $295,000 $295,000 $0 5.63%
DOTHAN, AL (FHA|USDA|VA) 1 $285,000 $285,000 $0 5.13%
Brownwood, TX (FHA|USDA|VA) 1 $285,000 $285,000 $0 5.63%
WILMINGTON, NC (FHA|USDA|VA) 1 $285,000 $285,000 $0 4.99%
MODESTO, CA (FHA|USDA|VA) 1 $285,000 $285,000 $0 6.00%
Bedford, IN (FHA|USDA|VA) 1 $275,000 $275,000 $0 6.13%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $275,000 $275,000 $0 6.13%
RACINE, WI (FHA|USDA|VA) 1 $275,000 $275,000 $0 6.25%
Whitewater, WI (FHA|USDA|VA) 1 $275,000 $275,000 $0 6.75%
Shelbyville, TN (FHA|USDA|VA) 1 $265,000 $265,000 $0 6.49%
Waycross, GA (FHA|USDA|VA) 1 $265,000 $265,000 $0 6.00%
Payson, AZ (FHA|USDA|VA) 1 $265,000 $265,000 $0 4.75%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $265,000 $265,000 $0 5.63%
VALDOSTA, GA (FHA|USDA|VA) 1 $265,000 $265,000 $0 5.00%
Blackfoot, ID (FHA|USDA|VA) 1 $255,000 $255,000 $0 5.75%
PANAMA CITY, FL (FHA|USDA|VA) 1 $255,000 $255,000 $0 5.50%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $255,000 $255,000 $0 5.22%
Hillsdale, MI (FHA|USDA|VA) 1 $245,000 $245,000 $0 5.88%
Elizabeth City, NC (FHA|USDA|VA) 1 $245,000 $245,000 $0 5.99%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $245,000 $245,000 $0 6.25%
Malvern, AR (FHA|USDA|VA) 1 $245,000 $245,000 $0 6.13%
Newport, TN (FHA|USDA|VA) 1 $245,000 $245,000 $0 6.13%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $245,000 $245,000 $0 6.25%
JONESBORO, AR (FHA|USDA|VA) 1 $235,000 $235,000 $0 5.88%
HAMMOND, LA (FHA|USDA|VA) 1 $235,000 $235,000 $0 5.38%
FORT WAYNE, IN (FHA|USDA|VA) 1 $235,000 $235,000 $0 5.25%
BOULDER, CO (FHA|USDA|VA) 1 $235,000 $235,000 $0 4.50%
Sandpoint, ID (FHA|USDA|VA) 1 $235,000 $235,000 $0 5.75%
Show Low, AZ (FHA|USDA|VA) 1 $235,000 $235,000 $0 6.00%
WILLIAMSPORT, PA (FHA|USDA|VA) 1 $235,000 $235,000 $0 6.25%
Albemarle, NC (FHA|USDA|VA) 1 $235,000 $235,000 $0 5.13%
Lumberton, NC (FHA|USDA|VA) 1 $225,000 $225,000 $0 6.00%
ROME, GA (FHA|USDA|VA) 1 $225,000 $225,000 $0 6.88%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $225,000 $225,000 $0 5.75%
Crawfordsville, IN (FHA|USDA|VA) 1 $225,000 $225,000 $0 6.13%
Greenwood, SC (FHA|USDA|VA) 1 $225,000 $225,000 $0 5.75%
JACKSON, MI (FHA|USDA|VA) 1 $225,000 $225,000 $0 5.50%
Sevierville, TN (FHA|USDA|VA) 1 $225,000 $225,000 $0 6.13%
VISALIA, CA (FHA|USDA|VA) 1 $225,000 $225,000 $0 7.13%
Clovis, NM (FHA|USDA|VA) 1 $225,000 $225,000 $0 5.25%
BILLINGS, MT (FHA|USDA|VA) 1 $215,000 $215,000 $0 5.13%
Martinsville, VA (FHA|USDA|VA) 1 $215,000 $215,000 $0 4.88%
Jasper, IN (FHA|USDA|VA) 1 $215,000 $215,000 $0 5.38%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $205,000 $205,000 $0 6.50%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $195,000 $195,000 $0 5.50%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $195,000 $195,000 $0 5.63%
Dayton, TN (FHA|USDA|VA) 1 $195,000 $195,000 $0 4.88%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $195,000 $195,000 $0 5.63%
Murray, KY (FHA|USDA|VA) 1 $195,000 $195,000 $0 5.25%
Searcy, AR (FHA|USDA|VA) 1 $185,000 $185,000 $0 6.00%
MUNCIE, IN (FHA|USDA|VA) 1 $185,000 $185,000 $0 6.75%
Mountain Home, AR (FHA|USDA|VA) 1 $185,000 $185,000 $0 5.50%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $185,000 $185,000 $0 5.88%
Opelousas, LA (FHA|USDA|VA) 1 $175,000 $175,000 $0 5.63%
Jasper, AL (FHA|USDA|VA) 1 $175,000 $175,000 $0 4.75%
Roswell, NM (FHA|USDA|VA) 1 $175,000 $175,000 $0 6.25%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $175,000 $175,000 $0 5.63%
Zanesville, OH (FHA|USDA|VA) 1 $175,000 $175,000 $0 5.38%
MONROE, MI (FHA|USDA|VA) 1 $165,000 $165,000 $0 6.75%
Fort Polk South, LA (FHA|USDA|VA) 1 $165,000 $165,000 $0 5.63%
Frankfort, IN (FHA|USDA|VA) 1 $165,000 $165,000 $0 6.00%
Fremont, OH (FHA|USDA|VA) 1 $165,000 $165,000 $0 4.88%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $165,000 $165,000 $0 5.63%
Plymouth, IN (FHA|USDA|VA) 1 $165,000 $165,000 $0 6.13%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $155,000 $155,000 $0 7.25%
Del Rio, TX (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.63%
Marion, OH (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.00%
DALTON, GA (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.63%
North Wilkesboro, NC (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.00%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $135,000 $135,000 $0 5.50%
ALBANY, GA (FHA|USDA|VA) 1 $135,000 $135,000 $0 6.49%
Wabash, IN (FHA|USDA|VA) 1 $135,000 $135,000 $0 4.99%
Clearpath Lending's top markets include Riverside, Phoenix, Atlanta, Washington, and Virginia Beach among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Similar Lenders

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    VA 954 $308,500,000 $323,375 $0 5.71%
    Conventional 43 $12,485,000 $290,349 $0 6.34%

    For 2023, Clearpath Lending's most frequently originated type of loan was VA, with 954 originations. Their 2nd most popular type was Conventional, with 43 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 843 $269,665,000 $319,887 $0 5.72%
    Refi 78 $24,670,000 $316,282 $0 5.68%
    Home Purchase 76 $26,650,000 $350,658 $0 6.00%

    For 2023, Clearpath Lending's most frequently cited loan purpose was Cash Out Refi, with 843 originations. The 2nd most popular reason was Refi, with 78 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 945 $304,335,000 $322,048 $0 5.73%
    Other 47 $15,715,000 $334,362 $0 6.04%
    15 Year 4 $590,000 $147,500 $0 5.09%
    20 Year 1 $345,000 $345,000 $0 5.38%

    For 2023, Clearpath Lending's most frequently cited loan duration was 30 Year, with 945 originations. The 2nd most popular length was Other, with 47 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 635 $207,715,000 $327,110
    6-7% 222 $70,270,000 $316,532
    4-5% 115 $35,105,000 $305,261
    7-8% 24 $7,580,000 $315,833
    Over 8% 1 $315,000 $315,000

    During 2023, Clearpath Lending's average interest rate for loans was 5.73%, while their most frequently originated rate bucket for loans was 5-6%, with 635 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 619 $178,395,000 $288,199 $0 5.75%
    $400k-600k 180 $83,950,000 $466,389 $0 5.69%
    $100k-200k 152 $25,710,000 $169,145 $0 5.76%
    $600k-1MM 44 $30,630,000 $696,136 $0 5.80%
    $1MM+ 2 $2,300,000 $1,150,000 $0 6.25%

    2023 saw Clearpath Lending place emphasis on $200k-400k loans with 619 originations, totaling $178,395,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 288 $78,370,000 $272,118 $0 5.69%
    $75k-100k 233 $74,145,000 $318,219 $0 5.85%
    $100k-150k 203 $78,755,000 $387,956 $0 5.73%
    $50k or less 108 $21,640,000 $200,370 $0 5.53%
    $150k-250k 80 $39,820,000 $497,750 $0 5.92%
    $250k+ 8 $3,830,000 $478,750 $0 6.36%

    Clearpath Lending lent most frequently to those with incomes in the $50k-75k range, with 288 originations. The second most popular income band? $75k-100k, with 233 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 196 $68,040,000 $347,143 $0 5.71%
    30-36% 115 $34,815,000 $302,739 $0 5.73%
    20-30% 72 $19,460,000 $270,278 $0 5.62%
    49% 59 $19,865,000 $336,695 $0 5.84%
    43% 45 $14,645,000 $325,444 $0 5.71%
    47% 44 $13,740,000 $312,273 $0 5.93%
    48% 42 $15,680,000 $373,333 $0 5.79%
    44% 40 $13,110,000 $327,750 $0 5.73%
    42% 38 $11,370,000 $299,211 $0 5.88%
    40% 38 $11,370,000 $299,211 $0 5.67%
    38% 34 $10,390,000 $305,588 $0 5.79%
    46% 33 $10,445,000 $316,515 $0 5.89%
    41% 32 $11,560,000 $361,250 $0 5.68%
    45% 32 $9,970,000 $311,563 $0 5.82%
    36% 30 $8,820,000 $294,000 $0 5.60%
    39% 23 $7,285,000 $316,739 $0 5.79%
    37% 23 $7,905,000 $343,696 $0 5.84%
    <20% 14 $3,400,000 $242,857 $0 5.73%
    >60% 10 $4,690,000 $469,000 $0 5.35%

    Clearpath Lending lent most frequently to those with DTI ratios of 50-60%, with 196 originations. The next most common DTI ratio? 30-36%, with 115 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 625 $200,105,000 $320,168 $0 5.75%
    Black 340 $108,620,000 $319,471 $0 5.74%
    Asian 15 $5,015,000 $334,333 $0 5.67%
    Native Hawaiian or Islander 8 $4,470,000 $558,750 $0 5.56%
    American Indian 6 $1,790,000 $298,333 $0 5.35%
    Not provided 3 $985,000 $328,333 $0 5.88%

    Approval Rates

    Total approvals of all applications
    83.53%

    Clearpath Lending has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    64.29%

    Clearpath Lending has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 997 $320,985,000 $321,951

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    997 $320,985,000 $321,951

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 3 $455,000 $151,667 $0 5.66%
    40-60% 30 $7,080,000 $236,000 $0 5.47%
    60-80% 198 $58,680,000 $296,364 $0 5.63%
    80-100% 712 $238,410,000 $334,846 $0 5.78%