Charles Schwab Bank · Wisconsin · 2025

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

Charles Schwab Bank took 39 mortgage applications in Wisconsin in 2025, ranking #363 of 938 lenders active in the state. It originated 89.7% of them and denied 5.1% (5.1% of the applications it decided), against a statewide denial rate of 14.0%.

39Applicationsin WI
5.1%Decision denial ratestate 16.4%
5.75%Median ratestate 6.63%
$465,000Median loanstate $165,000
$22MVolume22 counties

Charles Schwab Bank in Wisconsin vs the state

5.1%Denial rate-8.88 pts vs state
5.1%Decision denial rate-11.23 pts vs state
89.7%Origination rate+21.59 pts vs state
5.75%Median rate-0.88 pts vs state
-0.08Rate spread (pts)-0.20 pts vs state
$320kMedian applicant income
35Loans originated
2Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202319185.3%6.19%#405
202434308.8%6.16%#363
202539355.1%5.75%#363

What Charles Schwab Bank lends in Wisconsin

By loan purpose

Home purchase 25 64% · 4.0% denied
Refinance 6 15% · 16.7% denied
Cash-out refinance 2 5% · 0.0% denied
Home improvement 1 3% · 0.0% denied
Other / HELOC 5 13% · 0.0% denied

By loan type

Conventional 39 100% · 5.1% denied

Why it denied Wisconsin applicants

Collateral 2 100%

Where in Wisconsin

Counties with the most Charles Schwab Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Waukesha County 760 0.0%
Dane County 550 0.0%
Milwaukee County 431 25.0%
Walworth County 330 0.0%
Brown County 220 0.0%
La Crosse County 210 0.0%
Green Lake County 110 0.0%
Racine County 110 0.0%
Iowa County 101 100.0%
Rock County 110 0.0%

Other large lenders in Wisconsin

LenderGradeApplicationsDenial rateMedian rate
Summit Credit UnionA 15,48313.8%6.75%
University of Wisconsin Credit UnionA 11,78113.8%6.50%
Landmark Credit UnionA 9,39317.7%6.50%
Rocket MortgageC 7,81918.0%6.63%
Associated BankB 7,45123.7%6.88%
BMO BankF 5,20225.3%8.23%
Educators Credit UnionB 4,93024.3%6.95%
U.S. BankD 4,71026.0%6.88%
Covantage Credit UnionB 4,5817.7%6.50%
United Shore Financial ServicesB 4,42111.8%6.38%

Frequently asked questions

Wisconsin: 39 applications in 2025, of which 35 were originated and 2 denied.

5.1% of all applications, or 5.1% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Charles Schwab Bank originated in Wisconsin in 2025 was 5.75%, against a statewide median of 6.63%.

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