Charles Schwab Bank · Texas · 2025

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

Charles Schwab Bank took 379 mortgage applications in Texas in 2025, ranking #306 of 1,568 lenders active in the state. It originated 94.7% of them and denied 4.0% (4.0% of the applications it decided), against a statewide denial rate of 19.4%.

379Applicationsin TX
4.0%Decision denial ratestate 24.9%
5.50%Median ratestate 6.50%
$805,000Median loanstate $245,000
$310MVolume45 counties

Charles Schwab Bank in Texas vs the state

4.0%Denial rate-15.47 pts vs state
4.0%Decision denial rate-20.94 pts vs state
94.7%Origination rate+39.84 pts vs state
5.50%Median rate-1.00 pts vs state
-0.22Rate spread (pts)-0.42 pts vs state
$343kMedian applicant income
359Loans originated
15Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231701604.7%5.80%#445
20242502306.4%6.13%#356
20253793594.0%5.50%#306

What Charles Schwab Bank lends in Texas

By loan purpose

Home purchase 299 79% · 3.7% denied
Refinance 64 17% · 3.1% denied
Cash-out refinance 4 1% · 0.0% denied
Home improvement 9 2% · 11.1% denied
Other / HELOC 3 1% · 33.3% denied

By loan type

Conventional 379 100% · 4.0% denied

Why it denied Texas applicants

Debt-to-income ratio 9 60%
Unverifiable information 3 20%
Collateral 2 13%
Credit history 1 7%

Where in Texas

Counties with the most Charles Schwab Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dallas County 67624 6.0%
Harris County 56560 0.0%
Travis County 55494 7.3%
Tarrant County 46441 2.2%
Denton County 25241 4.0%
Collin County 21191 4.8%
Montgomery County 17161 5.9%
Williamson County 12120 0.0%
Bexar County 871 12.5%
Hays County 770 0.0%

Other large lenders in Texas

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 56,49111.0%6.25%
Rocket MortgageC 45,65822.4%6.63%
21st MortgageF 37,96145.9%9.94%
Dhi Mortgage CompanyB 26,34813.5%4.50%
Lennar MortgageA 21,95920.5%4.50%
Bank of AmericaF 18,00843.0%6.24%
JPMorgan Chase BankB 16,2609.8%6.45%
CMG MortgageA 15,9783.9%6.50%
Vanderbilt Mortgage and FinanceF 15,68344.7%10.50%
Triad Financial ServicesD 15,15850.0%9.35%

Frequently asked questions

Texas: 379 applications in 2025, of which 359 were originated and 15 denied.

4.0% of all applications, or 4.0% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Charles Schwab Bank originated in Texas in 2025 was 5.50%, against a statewide median of 6.50%.

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