Clearedge Lending
We analyzed every closed loan from Clearedge Lending — 1.3k loans across 2k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Mediocre
1/5
vs. all lenders
Pull-through
Sound
3/5
closing strength
Product
Exceptional
5/5
Conventional · Jumbo
Place
Sound
3/5
Near-National · 30 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Summary
What They Do Well
- Nationwide availability with consistent service
Things to Think About
- Rates typically 104 basis points above market average
- Higher than average fees ($4,303)
Explore another lender or local market
Report Card
Clearedge Lending performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Mediocre
+103.7 bps above market avg
1/5
Pull Through
Closing strength
Sound
Top 60% of lenders
3/5
By Loan Product· Specialization by type
Conventional
944 loans · 1.03% above market
Sound
Top 60% of lenders
3/5
Jumbo
326 loans · 1.07% above market
Exceptional
Top 20% of lenders
5/5
By Loan Purpose· Transaction purpose mix
Purchase
984 loans · 1.03% above market
Strong
Top 40% of lenders
4/5
Refinance
286 loans · 1.05% above market
Strong
Top 40% of lenders
4/5
By Location· Geographic coverage
Geographic Reach
Near-National · 31 markets
Sound
Top 60% of lenders
3/5
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 944 | 74.3% | +1.030%Above | $4,546Fees | ||||
Jumbo Loans | 326 | 25.7% | +1.070%Above | $3,142Fees |
Conventional
OverallAcceptable
ProductSound
PricingMediocre
Pull ThroughAcceptable
Volume944
Mix74.3%
Spread
+1.030%Above
Fees
$4,546Fees
Jumbo Loans
OverallSound
ProductExceptional
PricingMediocre
Pull ThroughStrong
Volume326
Mix25.7%
Spread
+1.070%Above
Fees
$3,142Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 984 | 77.5% | +1.034%Above | $4,439Fees | ||||
Refinance | 286 | 22.5% | +1.051%Above | $3,650Fees |
Purchase
OverallAcceptable
ProductStrong
PricingMediocre
Pull ThroughAcceptable
Volume984
Mix77.5%
Spread
+1.034%Above
Fees
$4,439Fees
Refinance
OverallAcceptable
ProductStrong
PricingMediocre
Pull ThroughSound
Volume286
Mix22.5%
Spread
+1.051%Above
Fees
$3,650Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
1,270
Applications
2,028
Volume
$932 million
Pricing & Closing
Avg Rate Spread
+1.037%
vs. market APOR
Avg Net Fees
$4,303
Origination − Credits
Pullthrough Rate
62.6%
Applications → Closed
Typical Borrower
Avg Loan Amount
$733,953
Avg Borrower Income
$592,227
Avg Property Value
$1,044,488
Geographic Coverage
Geographic Performance
Metro Areas
30
markets with activity
States Served
36
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
36Full-year 2024 · HMDALoans originated
< 1010–2020–100100+None
Northeast4
CTNHNJPA
Midwest7
ILINKSMIMNOHWI
South16
ALARDCDEFLGAKYLAMDMSNCOKSCTNTXVA
West9
AZCACOIDNMNVORUTWA
Top Metro Areas by Place Specialization Score
Showing 10 of 30 metro areas
Top States by Place Specialization Score
Showing 10 of 16 states
How We Rank Lenders
Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.
Our Point System (Max 50 Points)
10/ 50 pts
Pricing
How competitively a lender prices vs. the market benchmark (20%).
10/ 50 pts
Product
Performance on your specific loan type (20%).
10/ 50 pts
Pull Through
How reliably a lender closes the loans it starts (20%).
10/ 50 pts
Place
Depth of a lender's expertise in your local market (20%).
10/ 50 pts
Promptness
How quickly a lender answers real quote requests — blended in once they respond (20%).
Champion(80%+ = 40-50 points)
Superstar(60-79% = 30-39 points)
Data Integrity & Updates
Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.
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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.