Charles Schwab Bank · Oklahoma · 2025

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

Charles Schwab Bank took 15 mortgage applications in Oklahoma in 2025, ranking #356 of 821 lenders active in the state. It originated 80.0% of them and denied 13.3% (13.3% of the applications it decided), against a statewide denial rate of 17.9%.

15Applicationsin OK
13.3%Decision denial ratestate 22.9%
5.59%Median ratestate 6.63%
$425,000Median loanstate $165,000
$7.5MVolume5 counties

Charles Schwab Bank in Oklahoma vs the state

13.3%Denial rate-4.59 pts vs state
13.3%Decision denial rate-9.54 pts vs state
80.0%Origination rate+23.90 pts vs state
5.59%Median rate-1.04 pts vs state
-0.10Rate spread (pts)-0.45 pts vs state
$282kMedian applicant income
12Loans originated
2Denied

Trend in Oklahoma

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023990.0%5.75%#393
202418175.6%6.30%#326
2025151213.3%5.59%#356

What Charles Schwab Bank lends in Oklahoma

By loan purpose

Home purchase 10 67% · 0.0% denied
Refinance 3 20% · 33.3% denied
Cash-out refinance 1 7% · 100.0% denied
Other / HELOC 1 7% · 0.0% denied

By loan type

Conventional 15 100% · 13.3% denied

Why it denied Oklahoma applicants

Collateral 1 50%
Debt-to-income ratio 1 50%

Where in Oklahoma

Counties with the most Charles Schwab Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oklahoma County 752 28.6%
Tulsa County 540 0.0%
Ottawa County 110 0.0%
Logan County 110 0.0%
Stephens County 110 0.0%

Other large lenders in Oklahoma

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 6,99024.0%6.75%
First United Bank and TrustC 5,6305.9%6.88%
Arvest BankC 5,38717.6%7.00%
21st MortgageF 5,21746.8%9.83%
BancFirstC 4,79910.0%7.38%
BOKFD 4,22720.2%6.63%
Mortgage Research CenterC 4,01218.8%6.25%
United Shore Financial ServicesB 3,73513.8%6.13%
Associated MortgageA 3,2130.7%6.50%
Vanderbilt Mortgage and FinanceF 2,61038.3%9.75%

Frequently asked questions

Oklahoma: 15 applications in 2025, of which 12 were originated and 2 denied.

13.3% of all applications, or 13.3% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.

The median rate on loans Charles Schwab Bank originated in Oklahoma in 2025 was 5.59%, against a statewide median of 6.63%.

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