Charles Schwab Bank in New York vs the state
7.6%Denial rate-12.17 pts vs state
7.6%Decision denial rate-16.46 pts vs state
91.0%Origination rate+31.41 pts vs state
5.63%Median rate-1.00 pts vs state
-0.20Rate spread (pts)-0.41 pts vs state
$398kMedian applicant income
192Loans originated
16Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 84 | 74 | 11.9% | 5.84% | #274 |
| 2024 | 129 | 111 | 11.6% | 6.00% | #234 |
| 2025 | 211 | 192 | 7.6% | 5.63% | #202 |
What Charles Schwab Bank lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Charles Schwab Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| New York County | 80 | 72 | 8 | 10.0% |
| Westchester County | 29 | 27 | 1 | 3.4% |
| Suffolk County | 24 | 24 | 0 | 0.0% |
| Nassau County | 24 | 22 | 1 | 4.2% |
| Kings County | 17 | 11 | 5 | 29.4% |
| Queens County | 8 | 8 | 0 | 0.0% |
| Ulster County | 3 | 3 | 0 | 0.0% |
| Greene County | 3 | 3 | 0 | 0.0% |
| Monroe County | 2 | 2 | 0 | 0.0% |
| Onondaga County | 2 | 2 | 0 | 0.0% |
Other large lenders in New York
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 20,315 | 32.7% | 7.97% |
| Rocket Mortgage | C | 19,924 | 22.0% | 6.88% |
| United Shore Financial Services | B | 14,777 | 11.2% | 6.50% |
| JPMorgan Chase Bank | B | 14,735 | 11.7% | 6.38% |
| Manufacturers and Traders Trust | C | 12,335 | 31.3% | 5.99% |
| Bank of America | F | 10,193 | 35.7% | 5.99% |
| Bethpage Federal Credit Union | C | 9,736 | 47.2% | 6.49% |
| TD Bank | D | 9,239 | 30.2% | 7.69% |
| Newrez | D | 8,654 | 24.2% | 6.75% |
| ESL Federal Credit Union | B | 7,817 | 17.6% | 4.50% |
Frequently asked questions
New York: 211 applications in 2025, of which 192 were originated and 16 denied.
7.6% of all applications, or 7.6% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Charles Schwab Bank originated in New York in 2025 was 5.63%, against a statewide median of 6.63%.
About this data. Figures are Charles Schwab Bank's own HMDA filing for properties located in New York, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology