ClearPath Lending Reviews
- We require contact information to ensure our reviewers are real.
- Our moderators read all reviews to verify quality and helpfulness.
- We use intelligent software that helps us maintain the integrity of reviews.
+1 more
About ClearPath Lending
ClearPath Lending (NMLS #936436) is a lender offering home purchase and refinance loans. You can use the portal on its website to upload documents, see your loan info and monitor your application.
In 2020, the Consumer Financial Protection Bureau penalized ClearPath Lending for inadequate disclosures and misleading and deceptive statements in its ads for VA loans. The company was ordered to pay a civil penalty.
- Specializes in refinancing VA loans
- Loan application tracking
- Loyalty program
- Application process isn't entirely online
- Not available in all states
Helpful Reviews
Rates
ClearPath Lending isn’t transparent about its current rates, but Home Mortgage Disclosure Act data indicates that its rates generally aren’t too far off from average mortgage rates. Just be aware that small rate changes can have a big impact — the difference between a 4% and a 4.58% interest rate could cost you more than $30,000 in interest over the course of a $250,000 30-year mortgage.
ClearPath Lending average rate vs. national average
| Year | Difference from national average |
|---|---|
| 2021 | -0.19% |
| 2020 | +0.58% |
| 2019 | +0.23% |
However, it’s worth mentioning that the above rates are for home purchases and do not include refinancing, which is the bulk of ClearPath Lending’s business.
Application process
Getting a mortgage with ClearPath Lending starts by calling or entering your info on the company’s website. However, even if you start online, you're still directed to call the company or wait for them to contact you.
Once you’ve started the application process, though, you can use the ClearPath Lending Portal to upload documents, access your loan information and monitor your application in real time. Many borrowers said that ClearPath Lending’s process was seamless and smooth once the ball got rolling.
ClearPath Lending application features
| Features | Availability |
|---|---|
| Online application | |
| Mobile document upload | |
| Physical branches | X |
| Publishes minimum rate on website | X |
| Rate lock | Not disclosed |
| Pre-qualification (no hard credit pull) | |
| Certified approval letter | Not disclosed |
Loan types
ClearPath lending offers several loan options for homebuyers, including:
- Conventional loans
- FHA loans
- VA loans
- Jumbo loans
However, the company hasn’t had many purchase loan applications in the past few years, and the number of purchase loans it originated is even smaller. That’s because its most popular loans are for refinancing.
Loan applications for home purchases only by year
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Home purchase applications | 38 | 13 | 40 |
| Home purchase loans closed | 27 | 7 | 22 |
| Home purchase applications denied | 6 | 1 | 7 |
| Home purchase preapprovals denied | 0 | 0 | 0 |
Refinancing
The majority of ClearPath Lending’s loans are for refinancing. These products help customers lower their monthly payments, shorten loan terms, access home equity or switch rate structures by replacing their existing loans with new ones.
ClearPath Lending offers three main refinancing options for existing homeowners: conventional loans, FHA streamline loans and VA interest rate reduction refinance loans (IRRRLs). IRRRLs have been the company’s most popular offering in recent years.
In 2020, the Consumer Financial Protection Bureau found that ClearPath Lending violated several regulations by sending “mailers for VA-guaranteed mortgages that contained false, misleading, and inaccurate statements or that lacked required disclosures.” The company was required to pay a $625,000 civil penalty.
Home purchase vs. refinance loans by year
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Home purchase loans | 0.21% | 0.03% | 0.24% |
| Refinance loans | 92.62% | 99.34% | 96.68% |
| Cash-out refinance | 7.18% | 0.63% | 3.09% |
Requirements
ClearPath Lending does not disclose its loan requirements or process for determining how much it believes you can afford. We’ve outlined some generic loan requirements below to help you set some expectations, but be aware that ClearPath Lending's requirements may differ from these guidelines.
National mortgage requirements by type
| Min. credit score | Min. down payment | Compare with other lenders | |
|---|---|---|---|
| Conventional | Typically 620 | Typically 3% | Mortgage lenders |
| FHA | 500 | 3.5% with 580 credit score | FHA lenders |
| VA | Set by lender (often 580) | 0% | VA lenders |
Additional qualifications may also apply, especially for government-backed loans. For example, VA IRRRLs have their own underwriting requirements set by the Department of Veterans Affairs:
- You must already have a VA-backed home loan.
- You must use the IRRRL to refinance your existing VA-backed home loan.
- You must certify that you currently live in or used to live in the home covered by the loan.
No credit underwriting package is required by the VA when applying for an IRRRL, though.
For information on other loan types, read our guides to jumbo loans and USDA loans.
Cost and fees
ClearPath Lending doesn’t publicly disclose any costs or fees for its products other than stating that you may not need to pay any money out of pocket to get an IRRRL.
In general, closing costs on a mortgage range from 2% to 6% of the loan amount. This includes mortgage insurance, discount points and any additional fees that may come with your loan. You can see your expected closing costs in your Loan Estimate, which you should receive within three business days of your application.
ClearPath Lending also has a Loyalty Program that notifies you when a lower rate is available for your loan so you can refinance and save money on your monthly payments.
FAQ
How does ClearPath Lending work?
To get a mortgage with ClearPath Lending, you must either speak with a representative or provide your information so they can contact you. From there, they can help you finish the application process.
Is ClearPath Lending legit?
ClearPath Lending is a licensed mortgage lender with a high overall satisfaction rate on our site at the time of publishing. However, the government did fine the company in 2020 for deceptive advertising.
Where is ClearPath Lending available?
ClearPath Lending is available in 31 U.S. states.
It is not available in:
- Alaska
- Connecticut
- Delaware
- Kansas
- Iowa
- Maine
- Massachusetts
- Minnesota
- Mississippi
- Missouri
- New Hampshire
- New York
- North Dakota
- Rhode Island
- South Dakota
- Utah
- Vermont
- West Virginia
- Wyoming
Still have questions?
ClearPath Lending Reviews
Filter by Rating
- (1,547)
- (168)
- (25)
- (9)
- (23)
Popular Mentions
- 4,892,667 reviews on ConsumerAffairs are verified.
- We require contact information to ensure our reviewers are real.
- We use intelligent software that helps us maintain the integrity of reviews.
- Our moderators read all reviews to verify quality and helpfulness.
A link has directed you to this review. Its location on this page may change next time you visit.
- 4,892,667 reviews on ConsumerAffairs are verified.
- We require contact information to ensure our reviewers are real.
- We use intelligent software that helps us maintain the integrity of reviews.
- Our moderators read all reviews to verify quality and helpfulness.
Reviewed Jan. 10, 2026
We wanted to lower our payment on our mortgage, so we got a VA loan. ClearPath Lending gave us the best quote. One phone call was all it took to get started. It was easy. We worked with Nick who was amazing all the way around. He even called after we were funded to make sure that we were comfortable with everything. We didn't feel like we were forgotten once ClearPath got our business. Also, they are very forthcoming. They check on me all the time. They let me know what's going on with my file. I'm very impressed. I would recommend them to a friend.
Thank you for sharing your most recent refinance experience working with ClearPath. We value your business and look forward to assisting you with any future financials needs.
Reviewed Dec. 8, 2025
I've been a customer of ClearPath several times in the last seven years. The application is done online and it went smoothly. They were efficient and courteous and easy to work with.
Thank you for your recent review about your refinance experience. We value your business and welcome you to the ClearPath family!
Reviewed May 3, 2026
I've referred someone else to ClearPath Lending because of how simple the process was. Someone explained the process to me that I had to send over all these documents, which was typical, like driver's license and pay stubs. ClearPath Lending said that I qualify because it has been more than six months for my VA home loan. They said, "Just be patient." Once everything went through, they told me that my rate had dropped from 6.5% to 5.25%. They advised that I don't have to pay two months of mortgage.
Even though they're in California, three hours behind, it was very easy to get the process started. Most of it was via email. They explained to me that you'll get your escrow from the old mortgage company. Very communicative, which is very rare these days. Most people only answer when they feel like they need something from you. But they reached out and asked if I had any questions. "The new lender will be reaching out to you shortly," and everything else.
Thank you for your recent review about your refinance experience. We value your business and welcome you to the ClearPath family!
Thanks for subscribing.
You have successfully subscribed to our newsletter! Enjoy reading our tips and recommendations.
Reviewed April 23, 2026
ClearPath Lending was a referral from a friend that used them and had a good experience. I went in for a loan as I felt it was a good time for me to try to purchase a home instead of renting.The application process was fairly easy. Everything was done online then I had to send in some documents. Everybody was very informative and reachable when needed to be. I felt involved and didn't feel stressed at all during the process. ClearPath was pretty good for the most part. But when it came down to getting close to closing, it seems that was when everything started to feel a little rushed. We had a closing date, but because things weren't submitted or they didn't have everything they needed to submit everything in time, we had to move the closing date. But it was only a few days off. Also, the portal had been down when I did the loan, so I wasn't able to track the loan progress through it.
Thank you for your recent review about your refinance experience. We value your business and welcome you to the ClearPath family!
Reviewed April 17, 2026
Somebody from ClearPath Lending reached out to me. I just wanted to lower interest rates, and it was a smooth transition. I did not know that in six months, I could have refinanced through Veterans Home Lending, and it would have been free. So, the only thing I didn't like is I ended up having to come out another $3,000. I could have been in a better disposition, but that's not ClearPath’s fault. That's my fault and Veterans United. They should have reached out to me and let me know, but they didn't.
As far as ClearPath, the application process was seamless. We had one issue. They said there was some lien, but that was the lien on my property, but it was a group lien for the condominium association. So, it didn't really pertain to my unit. It was work they did outside the unit, but some units on our side of the building were all tied into that. Other than that, my representative was great. He was doing his job like he had to do.
The biggest highlight with ClearPath was how seamless the process was. I really didn't have to do anything like submit paperwork or sign a lot of documents. The most I had to do was when the young man came by my house so I could sign the documents. He was the notary. Everybody was great, too. It was a great experience overall.
Thank you for your recent review about your refinance experience. We value your business and welcome you to the ClearPath family!
Reviewed March 12, 2026
ClearPath Lending's rep was amazing. Everything about him is outstanding. I liked his professionalism and friendship. When I called, he got back with me. If he didn't answer, he texted. He explained the program best he could, to where I would understand it. He had to put it in layman's terms, and I understood as best I could. It worked very well. He has helped me refinance it one time, and he did amazing. It helped me out monetarily. It was very easily transitioned into it.
I tried to get a VA loan for a long time with no success, and he helped me with that in many ways. I've called him just to ask questions, and he was very accommodating. The most important thing I learned about was the points and how to get the loan, the ease of transitioning from not knowing anything and never having a VA loan, and him explaining things how they work. He is a very good representative for ClearPath. I greatly recommend him to other veterans that are having problems getting a VA loan. His friendship is a key point, too, because not only does he treat me like a customer, but like a friend, and that means a lot.
Thank you for your recent review about your refinance experience. We value your business and welcome you to the ClearPath family!
Reviewed March 7, 2026
Everything was perfect in my experience with ClearPath. There was always a sense of urgency around communication. Even when I had issues personally on my end with my cellular provider, ClearPath found ways to make sure they would be staying in contact with me so the deadlines wouldn't be missed. They worked hard to make sure that all the legal stuff, litigation and paperwork were all completed correctly. They explained everything along the process to help me make educated decisions on refinancing. And the entire process was really smooth.
The application process was simple. I provided the information that was needed through the agent at ClearPath. Anytime I didn't have anything that was completed, he reached out to me, gave me ample time to fill it out and get it sent in, and worked around me with my life schedule and my work schedule. It was simple to get everything filled out.
I would recommend them to anybody who's looking into refinancing options. 'Cause everybody that I spoke with, were very transparent, honest people about the process as a whole, not just what they as a company were trying to achieve for their own business, but really decent people who are trying to help people get affordable housing. They're family-oriented and very trusting.
They also took the time to explain what the difference between mortgage types was, even if getting the lowest rate now may lose you an opportunity later, if it's something that's still able to take an option without using the points. That was a part of the process I didn't even know existed. They did a great job on the marketing.
Reviewed May 22, 2026
We needed to refinance. ClearPath contacted us and we chose to go with them. We’re on a VA program and the application process was easy. Their reps were all right and the loan terms were fine.
Thank you for your recent review about your refinance experience. We value your business and welcome you to the ClearPath family!
Reviewed May 13, 2026
ClearPath was offering a better deal. Their application process was easy. I just emailed them over everything that they needed. They did need technical information like tax returns you need when you initially apply for a home loan. Everything they needed was easy and quick to send over. Most of the timelines that they gave me were made and they communicated very well with keeping me updated with everything. They were very transparent and communicative. It was overall a great experience and a smooth process.
Thank you for your recent review about your refinance experience. We value your business and welcome you to the ClearPath family!
Reviewed May 7, 2026
The rep from ClearPath was able to answer some of the questions that I had whereas other reps from other companies had no general knowledge of the process. ClearPath's program is good. My mortgage payment went down. I did the application online and there was a notary that came to my house for the final stuff. If I had any questions, all I had to do was call, and they'd walk me through what I needed help with. I called or emailed the people, and they kept me updated with everything, step-by-step. I like how easy of a process it was and how friendly, upfront and knowledgeable each of the staff members were to get things started and done. It was good to be able to have all available information from day one.
Thank you for your recent review about your refinance experience. We value your business and welcome you to the ClearPath family!
Reviewed May 2, 2026
We're satisfied with ClearPath Lending. They gave me the best interest rate. The application process was easy and moved along really well. The only thing is they didn't really have a lot of online tools. With the company I was with before, I could pay my mortgage online but ClearPath doesn't have that option. Other than that, our experience was great.
Thank you for sharing your experience with ClearPath Lending. We’re thrilled that you found success in securing a great interest rate with an easy application process. We appreciate your feedback about the lack of online tools and will use it to enhance our services. Your satisfaction is vital to us, and we hope to offer even more comprehensive tools in the future. Welcome to the ClearPath family!
Reviewed May 1, 2026
I had a loan that I had to refinance. I called up and this company took my loan to refinance in California then I got the paperwork that said ClearPath refinanced the loan. I'm very appreciative of that. Queenie was my rep and she was excellent.
Thank you for your recent review about your refinance experience. We value your business and welcome you to the ClearPath family!
Sources
- U.S. Department of Veteran Affairs (VA), “ Interest rate reduction refinance loan .” Accessed August 22, 2022.
- Consumer Financial Protection Bureau (CFPB), “ ClearPath Lending, Inc .” Accessed August 22, 2022.
ClearPath Lending Company Information
- Social media:
- Company Name:
- ClearPath Lending NMLS # 936436
- Company Type:
- Public
- Address:
- 15615 Alton Parkway Suite 300
- City:
- Irvine
- State/Province:
- CA
- Postal Code:
- 92618
- Country:
- United States
- Fax:
- (855) 866-7284
- Website:
- clearpathlending.com
