Charles Schwab Bank in Washington vs the state
4.6%Denial rate-11.06 pts vs state
4.6%Decision denial rate-14.95 pts vs state
93.6%Origination rate+32.58 pts vs state
5.50%Median rate-1.13 pts vs state
-0.19Rate spread (pts)-0.38 pts vs state
$389kMedian applicant income
265Loans originated
13Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 138 | 129 | 5.8% | 5.85% | #189 |
| 2024 | 206 | 200 | 1.9% | 6.00% | #167 |
| 2025 | 283 | 265 | 4.6% | 5.50% | #157 |
What Charles Schwab Bank lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Charles Schwab Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 172 | 162 | 7 | 4.1% |
| Snohomish County | 21 | 18 | 3 | 14.3% |
| Clark County | 19 | 19 | 0 | 0.0% |
| Pierce County | 11 | 10 | 0 | 0.0% |
| Island County | 9 | 8 | 1 | 11.1% |
| Spokane County | 8 | 7 | 1 | 12.5% |
| Whatcom County | 7 | 7 | 0 | 0.0% |
| Kittitas County | 7 | 7 | 0 | 0.0% |
| Kitsap County | 5 | 5 | 0 | 0.0% |
| Chelan County | 4 | 4 | 0 | 0.0% |
Other large lenders in Washington
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Boeing Employees Credit Union | B | 21,599 | 23.8% | 6.13% |
| Rocket Mortgage | C | 14,301 | 15.9% | 6.63% |
| United Shore Financial Services | B | 13,770 | 10.0% | 6.13% |
| Guild Mortgage | A | 8,056 | 3.4% | 6.63% |
| CMG Mortgage | A | 7,817 | 3.1% | 6.63% |
| Movement Mortgage | A | 7,472 | 3.6% | 6.63% |
| Bank of America | F | 6,986 | 27.0% | 5.99% |
| Crosscountry Mortgage | B | 6,903 | 3.1% | 6.63% |
| U.S. Bank | D | 6,568 | 27.6% | 6.63% |
| Newrez | D | 5,849 | 12.9% | 6.63% |
Frequently asked questions
Washington: 283 applications in 2025, of which 265 were originated and 13 denied.
4.6% of all applications, or 4.6% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Charles Schwab Bank originated in Washington in 2025 was 5.50%, against a statewide median of 6.63%.
About this data. Figures are Charles Schwab Bank's own HMDA filing for properties located in Washington, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology