Charles Schwab Bank in Arizona vs the state
3.7%Denial rate-12.56 pts vs state
3.7%Decision denial rate-16.74 pts vs state
95.1%Origination rate+35.62 pts vs state
5.63%Median rate-0.88 pts vs state
-0.16Rate spread (pts)-0.38 pts vs state
$342kMedian applicant income
233Loans originated
9Denied
Trend in Arizona
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 129 | 115 | 10.1% | 6.00% | #203 |
| 2024 | 177 | 169 | 4.0% | 6.10% | #178 |
| 2025 | 245 | 233 | 3.7% | 5.63% | #161 |
What Charles Schwab Bank lends in Arizona
By loan purpose
By loan type
Why it denied Arizona applicants
Where in Arizona
Counties with the most Charles Schwab Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Maricopa County | 178 | 170 | 7 | 3.9% |
| Pima County | 27 | 26 | 0 | 0.0% |
| Yavapai County | 17 | 17 | 0 | 0.0% |
| Pinal County | 9 | 7 | 2 | 22.2% |
| Gila County | 4 | 3 | 0 | 0.0% |
| Navajo County | 4 | 4 | 0 | 0.0% |
| Coconino County | 4 | 4 | 0 | 0.0% |
| Santa Cruz County | 1 | 1 | 0 | 0.0% |
| Mohave County | 1 | 1 | 0 | 0.0% |
Other large lenders in Arizona
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 25,383 | 10.2% | 6.25% |
| Rocket Mortgage | C | 17,947 | 15.6% | 6.75% |
| Desert Financial Credit Union | B | 16,970 | 24.3% | 6.49% |
| Crosscountry Mortgage | B | 7,570 | 3.8% | 6.58% |
| Fairway Independent Mortgage | B | 6,729 | 5.6% | 6.63% |
| Bank of America | F | 6,229 | 32.2% | 6.24% |
| Loandepot.Com | D | 6,180 | 16.1% | 5.99% |
| Pennymac Loan Services | C | 5,838 | 11.7% | 6.62% |
| Nova Financial & Investment | C | 5,380 | 16.2% | 6.49% |
| Freedom Mortgage | B | 4,991 | 7.0% | 6.00% |
Frequently asked questions
Arizona: 245 applications in 2025, of which 233 were originated and 9 denied.
3.7% of all applications, or 3.7% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.
The median rate on loans Charles Schwab Bank originated in Arizona in 2025 was 5.63%, against a statewide median of 6.50%.
About this data. Figures are Charles Schwab Bank's own HMDA filing for properties located in Arizona, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology