Charles Schwab Bank in Florida vs the state
9.5%Denial rate-11.52 pts vs state
9.6%Decision denial rate-17.68 pts vs state
89.0%Origination rate+36.30 pts vs state
5.55%Median rate-1.08 pts vs state
-0.18Rate spread (pts)-0.44 pts vs state
$380kMedian applicant income
485Loans originated
52Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 326 | 287 | 11.4% | 5.85% | #300 |
| 2024 | 374 | 342 | 7.5% | 6.13% | #270 |
| 2025 | 545 | 485 | 9.5% | 5.55% | #232 |
What Charles Schwab Bank lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Charles Schwab Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Palm Beach County | 79 | 67 | 10 | 12.7% |
| Collier County | 52 | 47 | 3 | 5.8% |
| Miami-Dade County | 51 | 38 | 11 | 21.6% |
| Broward County | 43 | 41 | 2 | 4.7% |
| Sarasota County | 31 | 27 | 4 | 12.9% |
| Lee County | 30 | 29 | 1 | 3.3% |
| Hillsborough County | 24 | 24 | 0 | 0.0% |
| Walton County | 23 | 18 | 5 | 21.7% |
| Pinellas County | 23 | 20 | 3 | 13.0% |
| Manatee County | 22 | 19 | 2 | 9.1% |
Other large lenders in Florida
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 71,405 | 15.3% | 6.44% |
| Rocket Mortgage | C | 46,611 | 21.0% | 6.63% |
| Bank of America | F | 23,634 | 37.7% | 6.24% |
| Pennymac Loan Services | C | 19,516 | 14.1% | 6.50% |
| Navy Federal Credit Union | D | 19,452 | 23.2% | 7.59% |
| Crosscountry Mortgage | B | 19,103 | 5.2% | 6.75% |
| Newrez | D | 17,519 | 22.4% | 6.75% |
| Dhi Mortgage Company | B | 16,661 | 14.5% | 4.88% |
| Lennar Mortgage | A | 14,984 | 21.0% | 4.75% |
| Truist Bank | C | 14,140 | 41.5% | 6.60% |
Frequently asked questions
Florida: 545 applications in 2025, of which 485 were originated and 52 denied.
9.5% of all applications, or 9.6% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Charles Schwab Bank originated in Florida in 2025 was 5.55%, against a statewide median of 6.63%.
About this data. Figures are Charles Schwab Bank's own HMDA filing for properties located in Florida, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology