Charles Schwab Bank in Indiana vs the state
4.2%Denial rate-12.40 pts vs state
4.2%Decision denial rate-15.97 pts vs state
95.8%Origination rate+33.58 pts vs state
5.63%Median rate-1.13 pts vs state
-0.20Rate spread (pts)-0.57 pts vs state
$322kMedian applicant income
46Loans originated
2Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 17 | 15 | 11.8% | 5.88% | #455 |
| 2024 | 24 | 23 | 4.2% | 5.98% | #425 |
| 2025 | 48 | 46 | 4.2% | 5.63% | #354 |
What Charles Schwab Bank lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Charles Schwab Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hamilton County | 15 | 14 | 1 | 6.7% |
| Marion County | 6 | 6 | 0 | 0.0% |
| Lake County | 4 | 4 | 0 | 0.0% |
| LaPorte County | 3 | 3 | 0 | 0.0% |
| Tippecanoe County | 3 | 3 | 0 | 0.0% |
| Boone County | 3 | 3 | 0 | 0.0% |
| St. Joseph County | 2 | 2 | 0 | 0.0% |
| Allen County | 1 | 1 | 0 | 0.0% |
| Kosciusko County | 1 | 1 | 0 | 0.0% |
| Rush County | 1 | 0 | 1 | 100.0% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 48 applications in 2025, of which 46 were originated and 2 denied.
4.2% of all applications, or 4.2% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Charles Schwab Bank originated in Indiana in 2025 was 5.63%, against a statewide median of 6.75%.
About this data. Figures are Charles Schwab Bank's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology