Charles Schwab Bank · Colorado · 2025

Charles Schwab Bank in Colorado: approval rate, denial rate and rates (2025)

Charles Schwab Bank took 333 mortgage applications in Colorado in 2025, ranking #138 of 1,114 lenders active in the state. It originated 94.3% of them and denied 3.6% (3.6% of the applications it decided), against a statewide denial rate of 15.6%.

333Applicationsin CO
3.6%Decision denial ratestate 19.7%
5.60%Median ratestate 6.63%
$875,000Median loanstate $325,000
$302MVolume29 counties

Charles Schwab Bank in Colorado vs the state

3.6%Denial rate-12.03 pts vs state
3.6%Decision denial rate-16.06 pts vs state
94.3%Origination rate+34.27 pts vs state
5.60%Median rate-1.03 pts vs state
-0.17Rate spread (pts)-0.32 pts vs state
$386kMedian applicant income
314Loans originated
12Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231981767.6%5.95%#159
20242602464.2%6.05%#137
20253333143.6%5.60%#138

What Charles Schwab Bank lends in Colorado

By loan purpose

Home purchase 218 65% · 3.7% denied
Refinance 66 20% · 1.5% denied
Cash-out refinance 28 8% · 10.7% denied
Home improvement 6 2% · 0.0% denied
Other / HELOC 15 5% · 0.0% denied

By loan type

Conventional 333 100% · 3.6% denied

Why it denied Colorado applicants

Debt-to-income ratio 6 50%
Collateral 5 42%
Unverifiable information 1 8%

Where in Colorado

Counties with the most Charles Schwab Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Denver County 66640 0.0%
Boulder County 41401 2.4%
Douglas County 36342 5.6%
Arapahoe County 34331 2.9%
Jefferson County 34331 2.9%
Summit County 22211 4.5%
Eagle County 15121 6.7%
Larimer County 12120 0.0%
El Paso County 1191 9.1%
Grand County 752 28.6%

Other large lenders in Colorado

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 23,1118.8%6.13%
ENT Credit UnionB 13,23820.9%7.50%
Rocket MortgageC 11,48615.7%6.61%
Guild MortgageA 6,2323.1%6.62%
Bellco Credit UnionF 5,86340.9%8.00%
U.S. BankD 4,97836.0%7.95%
American FinancingD 4,93741.3%6.38%
FirstBankC 4,92915.6%7.00%
Canvas Credit UnionC 4,88913.7%7.89%
ElevationsC 4,42610.8%6.88%

Frequently asked questions

Colorado: 333 applications in 2025, of which 314 were originated and 12 denied.

3.6% of all applications, or 3.6% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Charles Schwab Bank originated in Colorado in 2025 was 5.60%, against a statewide median of 6.63%.

About this data. Figures are Charles Schwab Bank's own HMDA filing for properties located in Colorado, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology