Charles Schwab Bank · North Carolina · 2025

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

Charles Schwab Bank took 183 mortgage applications in North Carolina in 2025, ranking #239 of 1,253 lenders active in the state. It originated 94.0% of them and denied 4.4% (4.4% of the applications it decided), against a statewide denial rate of 18.1%.

183Applicationsin NC
4.4%Decision denial ratestate 22.8%
5.63%Median ratestate 6.50%
$725,000Median loanstate $225,000
$131MVolume44 counties

Charles Schwab Bank in North Carolina vs the state

4.4%Denial rate-13.69 pts vs state
4.4%Decision denial rate-18.45 pts vs state
94.0%Origination rate+36.18 pts vs state
5.63%Median rate-0.88 pts vs state
-0.15Rate spread (pts)-0.23 pts vs state
$300kMedian applicant income
172Loans originated
8Denied

Trend in North Carolina

YearApplicationsOriginatedDenial rateMedian rateRank in state
202388843.4%6.13%#301
20241241184.0%6.14%#276
20251831724.4%5.63%#239

What Charles Schwab Bank lends in North Carolina

By loan purpose

Home purchase 126 69% · 4.0% denied
Refinance 30 16% · 6.7% denied
Cash-out refinance 10 5% · 0.0% denied
Home improvement 5 3% · 0.0% denied
Other / HELOC 12 7% · 8.3% denied

By loan type

Conventional 183 100% · 4.4% denied

Why it denied North Carolina applicants

Collateral 4 50%
Debt-to-income ratio 2 25%
Incomplete application 1 13%
Other 1 13%

Where in North Carolina

Counties with the most Charles Schwab Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mecklenburg County 43403 7.0%
Wake County 20191 5.0%
Buncombe County 12120 0.0%
Durham County 871 12.5%
Transylvania County 871 12.5%
New Hanover County 871 12.5%
Jackson County 660 0.0%
Watauga County 650 0.0%
Guilford County 550 0.0%
Dare County 541 20.0%

Other large lenders in North Carolina

LenderGradeApplicationsDenial rateMedian rate
State Employees'C 47,89325.2%6.25%
Rocket MortgageC 25,10916.0%6.63%
United Shore Financial ServicesB 18,88411.4%6.13%
Vanderbilt Mortgage and FinanceF 15,00838.0%7.75%
Truist BankC 14,36430.3%6.50%
Movement MortgageA 11,0912.6%6.63%
Navy Federal Credit UnionD 10,56519.4%7.13%
First-Citizens Bank & TrustB 10,31919.6%6.38%
Bank of AmericaF 10,27628.2%6.24%
Mortgage Research CenterC 10,02917.7%6.25%

Frequently asked questions

North Carolina: 183 applications in 2025, of which 172 were originated and 8 denied.

4.4% of all applications, or 4.4% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.

The median rate on loans Charles Schwab Bank originated in North Carolina in 2025 was 5.63%, against a statewide median of 6.50%.

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