Charles Schwab Bank in California vs the state
5.3%Denial rate-12.15 pts vs state
5.3%Decision denial rate-17.13 pts vs state
93.0%Origination rate+36.78 pts vs state
5.50%Median rate-1.13 pts vs state
-0.21Rate spread (pts)-0.48 pts vs state
$460kMedian applicant income
1,748Loans originated
99Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 804 | 730 | 6.6% | 5.93% | #154 |
| 2024 | 1,338 | 1,225 | 6.7% | 5.98% | #130 |
| 2025 | 1,880 | 1,748 | 5.3% | 5.50% | #110 |
What Charles Schwab Bank lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Charles Schwab Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 306 | 273 | 22 | 7.2% |
| Santa Clara County | 243 | 231 | 10 | 4.1% |
| San Diego County | 197 | 177 | 16 | 8.1% |
| Orange County | 185 | 174 | 10 | 5.4% |
| Alameda County | 130 | 124 | 6 | 4.6% |
| San Francisco County | 120 | 108 | 11 | 9.2% |
| San Mateo County | 114 | 112 | 2 | 1.8% |
| Contra Costa County | 98 | 96 | 1 | 1.0% |
| Marin County | 75 | 71 | 2 | 2.7% |
| Riverside County | 61 | 58 | 1 | 1.6% |
Other large lenders in California
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 79,261 | 12.6% | 6.49% |
| Rocket Mortgage | C | 58,925 | 17.6% | 6.75% |
| Bank of America | F | 40,190 | 30.8% | 5.99% |
| U.S. Bank | D | 32,493 | 31.6% | 6.50% |
| JPMorgan Chase Bank | B | 22,048 | 9.7% | 6.13% |
| Spring Eq | D | 21,601 | 50.8% | 8.88% |
| Schoolsfirst | A | 19,086 | 10.0% | 6.25% |
| Pennymac Loan Services | C | 18,754 | 13.5% | 6.50% |
| Newrez | D | 17,000 | 19.3% | 6.63% |
| Loandepot.Com | D | 16,645 | 18.7% | 6.63% |
Frequently asked questions
California: 1,880 applications in 2025, of which 1,748 were originated and 99 denied.
5.3% of all applications, or 5.3% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Charles Schwab Bank originated in California in 2025 was 5.50%, against a statewide median of 6.63%.
About this data. Figures are Charles Schwab Bank's own HMDA filing for properties located in California, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology