Charles Schwab Bank in Maryland vs the state
3.1%Denial rate-15.74 pts vs state
3.1%Decision denial rate-21.07 pts vs state
94.9%Origination rate+39.19 pts vs state
5.68%Median rate-0.95 pts vs state
-0.25Rate spread (pts)-0.50 pts vs state
$312kMedian applicant income
93Loans originated
3Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 32 | 31 | 0.0% | 5.88% | #343 |
| 2024 | 56 | 50 | 10.7% | 6.21% | #291 |
| 2025 | 98 | 93 | 3.1% | 5.68% | #232 |
What Charles Schwab Bank lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Charles Schwab Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 49 | 46 | 2 | 4.1% |
| Anne Arundel County | 16 | 16 | 0 | 0.0% |
| Baltimore County | 7 | 7 | 0 | 0.0% |
| Baltimore city | 5 | 5 | 0 | 0.0% |
| Talbot County | 5 | 4 | 1 | 20.0% |
| Howard County | 3 | 3 | 0 | 0.0% |
| Worcester County | 3 | 2 | 0 | 0.0% |
| Queen Anne's County | 2 | 2 | 0 | 0.0% |
| Garrett County | 2 | 2 | 0 | 0.0% |
| Calvert County | 1 | 1 | 0 | 0.0% |
Other large lenders in Maryland
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 12,806 | 16.8% | 6.63% |
| Navy Federal Credit Union | D | 11,436 | 23.0% | 8.00% |
| United Shore Financial Services | B | 9,307 | 16.0% | 6.13% |
| Truist Bank | C | 6,559 | 34.9% | 6.49% |
| Bank of America | F | 6,051 | 35.8% | 6.24% |
| Newrez | D | 5,739 | 21.0% | 6.63% |
| State Employees Credit Union of Maryland | D | 5,624 | 44.6% | 6.25% |
| PNC Bank | D | 5,582 | 28.0% | 7.41% |
| Manufacturers and Traders Trust | C | 5,497 | 32.0% | 5.99% |
| Pennymac Loan Services | C | 5,411 | 12.4% | 6.49% |
Frequently asked questions
Maryland: 98 applications in 2025, of which 93 were originated and 3 denied.
3.1% of all applications, or 3.1% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Charles Schwab Bank originated in Maryland in 2025 was 5.68%, against a statewide median of 6.63%.
About this data. Figures are Charles Schwab Bank's own HMDA filing for properties located in Maryland, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology