# Charles Schwab Bank, SSB

> **Canonical URL:** https://saferate.com/lenders/charles-schwab-bank-ssb


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Charles Schwab Bank, SSB is a bank, headquartered in Westlake, TX, serving borrowers nationwide, with 2,923 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 63% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 30% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300INFJ8TYNZ1G568
- **Headquarters:** Westlake, TX
- **Geographic Reach:** National
- **States Served:** 50
- **State List:** AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- **Markets (MSAs):** 50
- **Primary Channel:** wholesale
- **Direct Origination:** 0%
- **Brokered/Wholesale:** 100%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 37/100
- Rating: ●●○○○ (2/5)

### Pull Through: Strong 😀
- Score: 70/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.248%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $823
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 2,923
- **Dollar Volume:** $2.8 billion
- **Applications Received:** 3,142
- **Market Share:** 8.00%

## Typical Borrower Profile

- **Average Loan Amount:** $970,730
- **Average Borrower Income:** $482,087
- **Average Property Value:** $1,765,448

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (63%)
- ⭐ **Jumbo Gold Superstar** (76%)
- ⭐ **Purchase Gold Superstar** (63%)
- ⭐ **Refinance Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 70/100 | 1,454 | -0.234% | $865 | Strong 😀 |
| Jumbo | 92/100 | 1,469 | -0.261% | $782 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 1,091 loans, Score: 67/100 (Strong)
- Refinance: 363 loans, Score: 73/100 (Strong)

**Jumbo:**
- Purchase: 1,051 loans, Score: 91/100 (Exceptional)
- Refinance: 418 loans, Score: 93/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 71/100 | 2,142 | $2.0B | -0.254% | Strong 😀 |
| Refinance | 79/100 | 781 | $806M | -0.226% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CA | 821 | 0.29% | 76/100 |
| FL | 251 | 0.09% | 63/100 |
| TX | 180 | 0.05% | 60/100 |
| CO | 173 | 0.21% | 66/100 |
| WA | 142 | 0.17% | 66/100 |
| AZ | 118 | 0.12% | 61/100 |
| MA | 93 | 0.15% | 60/100 |
| NC | 90 | 0.06% | 56/100 |
| NJ | 84 | 0.10% | 60/100 |
| NY | 82 | 0.07% | 57/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 278 | 62/100 |
| Oakland | CA | 117 | 70/100 |
| San Francisco | CA | 109 | 76/100 |
| Los Angeles | CA | 107 | 64/100 |
| San Jose | CA | 90 | 68/100 |
| Seattle | WA | 88 | 65/100 |
| Denver | CO | 84 | 61/100 |
| Phoenix | AZ | 82 | 59/100 |
| San Diego | CA | 77 | 61/100 |
| Anaheim | CA | 69 | 63/100 |
| New York | NY-NJ | 67 | 58/100 |
| Chicago | IL | 64 | 56/100 |
| Riverside | CA | 53 | 55/100 |
| Austin | TX | 52 | 58/100 |
| Arlington | VA-WV | 48 | 55/100 |

## Where This Lender Ranks

Charles Schwab Bank, SSB appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#6** in Boulder, CO for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/boulder-co/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#6** in Santa Cruz for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/santa-cruz/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#6** in San Luis Obispo for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/san-luis-obispo/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#6** in Napa, CA for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/napa-ca/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#7** in Colorado for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/colorado/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#7** in San Rafael, CA for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/san-rafael-ca/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#7** in Boulder, CO Banks
  - [View Full Rankings](https://saferate.com/boulder-co/best-mortgage-lenders/banks)
- 🏆 **#7** in Santa Rosa for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/santa-rosa/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#7** in Reno, NV for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/reno-nv/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#7** in Bend, OR for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/bend-or/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#7** in Santa Cruz for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/santa-cruz/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#7** in Santa Maria for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/santa-maria/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#7** in Asheville, NC for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/asheville-nc/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#8** in San Diego for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/san-diego/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#8** in Anaheim for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/anaheim/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#8** in Oxnard for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/oxnard/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#8** in Bend, OR for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/bend-or/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#8** in Santa Cruz for Jumbo Loans
  - [View Full Rankings](https://saferate.com/santa-cruz/best-mortgage-lenders/jumbo-loans)
- 🏆 **#9** in Los Angeles for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/los-angeles/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#9** in Seattle for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/seattle/best-mortgage-lenders/banks/jumbo-loans)

## Frequently Asked Questions

### What loan types does Charles Schwab Bank, SSB offer?

Charles Schwab Bank, SSB offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Charles Schwab Bank, SSB offer mortgages?

Charles Schwab Bank, SSB is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are Charles Schwab Bank, SSB's mortgage rates?

Charles Schwab Bank, SSB has a pricing score of 37/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.248% below market average.

### What type of lender is Charles Schwab Bank, SSB?

Charles Schwab Bank, SSB is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Westlake, TX.

### What is Charles Schwab Bank, SSB's loan approval success rate?

Charles Schwab Bank, SSB has a pull-through score of 70/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/charles-schwab-bank-ssb

### How to Cite

> "Charles Schwab Bank, SSB Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/charles-schwab-bank-ssb

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