Charles Schwab Bank, SSB mortgage approval rate & lending review
Charles Schwab Bank, SSB decided 11,574 mortgage applications and funded 10,708 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Charles Schwab Bank, SSB reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Charles Schwab Bank, SSB at a glance
Approval is 11.4 points above the 82.9% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 95% | 5,808 / 6,103 | 98% | $945K | 5,720 |
| Home improvement loans | 93% | 310 / 333 | 97% | $265K | 302 |
| Cash-out refinance | 94% | 953 / 1,019 | 98% | $405K | 932 |
| Refinance | 95% | 1,640 / 1,722 | 98% | $1.10M | 1,614 |
| Investment property purchase | 92% | 1,726 / 1,871 | 98% | $685K | 1,688 |
| Investment cash-out refinance | 90% | 87 / 97 | 98% | $535K | 85 |
| Investment refinance | 90% | 318 / 353 | 96% | $855K | 306 |
| Investment home improvement | 82% | 62 / 76 | 98% | $415K | 61 |
Charles Schwab Bank, SSB lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 94% | $1.17M | 3,664 | 3,379 |
| Florida | 91% | $855K | 1,065 | 961 |
| Texas | 95% | $905K | 725 | 680 |
| Colorado | 96% | $945K | 541 | 509 |
| Washington | 97% | $1.27M | 516 | 490 |
| Arizona | 94% | $805K | 494 | 463 |
| New York | 90% | $975K | 373 | 330 |
| Illinois | 94% | $805K | 369 | 345 |
| New Jersey | 94% | $845K | 353 | 322 |
| Massachusetts | 96% | $1.12M | 332 | 315 |
| North Carolina | 97% | $905K | 276 | 263 |
| Georgia | 94% | $765K | 265 | 244 |
| Virginia | 95% | $935K | 217 | 203 |
| Nevada | 91% | $805K | 212 | 187 |
| South Carolina | 95% | $875K | 202 | 187 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Charles Schwab Bank, SSB lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| King County, WA | Mortgage lenders | 97% | 193 | 186 |
| Santa Clara County, CA | Mortgage lenders | 94% | 198 | 184 |
| Orange County, CA | Mortgage lenders | 92% | 166 | 152 |
| Alameda County, CA | Mortgage lenders | 97% | 148 | 143 |
| Santa Clara County, CA | Refinance | 92% | 136 | 124 |
| San Mateo County, CA | Mortgage lenders | 97% | 112 | 108 |
| San Francisco County, CA | Mortgage lenders | 95% | 115 | 105 |
| Contra Costa County, CA | Mortgage lenders | 100% | 94 | 94 |
| New York County, NY | Mortgage lenders | 91% | 77 | 70 |
| Maricopa County, AZ | Investment property purchase | 93% | 73 | 67 |
| Orange County, CA | Refinance | 99% | 69 | 67 |
| King County, WA | Refinance | 96% | 70 | 67 |
The county markets where Charles Schwab Bank, SSB made the most loans. Each link opens that market with every lender ranked.
Questions about Charles Schwab Bank, SSB
What is Charles Schwab Bank, SSB's mortgage approval rate?
Charles Schwab Bank, SSB approved 94.2% of the 11,574 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 11.4 points above the 82.9% national rate for the same mix of loan types.
How often do borrowers take the loan Charles Schwab Bank, SSB offers?
Borrowers accepted 98% of the loans Charles Schwab Bank, SSB approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Charles Schwab Bank, SSB make?
The typical home purchase mortgage loan Charles Schwab Bank, SSB made was $945K; across all loan types its typical loan ran from $265K to $1.10M. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Charles Schwab Bank, SSB lend?
Charles Schwab Bank, SSB decided applications in 49 of the states Fat Boy Data covers, most of them in California, Florida and Texas.
Can I apply to Charles Schwab Bank, SSB directly?
Yes. Charles Schwab Bank, SSB is a bank or credit union with 1 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Charles Schwab Bank, SSB's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Charles Schwab Bank, SSB treats applications, then get a rate quote from the lender.