Founded in 2012, ClearPath Lending is a mortgage lender based out of California that serves its customers nationwide. ClearPath Lending is a company dedicated to making the home buying and selling process easy through its investment in advanced technology and focus on customer service.
ClearPath Lending offers VA loans and refinancing options that cater to veterans, active duty service members, or surviving spouses of veterans in addition to other traditional loan options.
Attention: ClearPath Lending is not licensed in all 50 states.
As of 2020, ClearPath Funding does not offer its services to borrowers in the state of Alaska, Washington, Oregon, Wyoming, Utah, North Dakota, South Dakota, Iowa, Montana, Mississippi, New York, Maine, New Hampshire, Vermont, Connecticut, Rhode Island, Maryland, Delaware, West Virginia.
ClearPath Lending makes it easy to refinance your current VA loan. It offers refinance services for nearly every type of home loan but specializes in refinancing for a VA loan with a service called VA IRRRL (interest rate reduction refinance loan).
ClearPath Lending will work with you to refinance your VA loan to a VA IRRL for a number of different qualifying reasons, including the following:
It's great to have a mortgage lender that is familiar and specializes with VA loans to guarantee that your needs are met.
ClearPath Lending states on its website that it “guarantees the best pricing for your loan.” It aims to provide the best loan products and rates by doing everything it can to offer you a lower rate than its competitors.
To take advantage of the best price guarantee policy, call one of ClearPath Lending’s loan officers to get more information. It is best to approach the company after receiving offers and quotes from a few other mortgage lenders so that representatives have a better chance of securing you a lower rate than the competition for your VA loan.
In addition, take advantage of the VA loan mortgage calculator available on the ClearPath Lending website that makes it easier for you to get an estimate of your potential rate.
If you do become a borrower that takes advantage of the ClearPath Lending loyalty program, you can expect loan officers to be on the lookout for money saving opportunities in the future for you. For example, loan officers will patrol the market, and if there are lower rates available then they will notify you and help you secure a better rate.
In addition, the loyalty program offers a number of other benefits:
It is rare for a mortgage lender to offer such great benefits with a loyalty program. Joining its loyalty program could potentially save you a lot of money and stress.
While ClearPath Lending does offer VA loan and VA loan refinancing options, it does not offer as many advantages and benefits compared to some other mortgage lenders. For example, Caliber Home Loans has dedicated substantial time and attention to helping veterans. It is a dedicated Military Friendly® company that goes above and beyond to offer a wider variety of tools and resources in comparison to other mortgage lenders.
ClearPath Lending does provide necessary and quality mortgage services and products to the veteran community, but there are other lenders that specialize in veteran financial assistance more. Personal preference is the deciding factor if that extra assistance is important or not.