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We can help make your home dreams a reality.

Charles Schwab Bank partners with Rocket Mortgage® to provide you with award-winning service and a range of mortgage products to choose from.

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Video detailing the relationship between Schwab Bank & Rocket Mortgage

Schwab Bank & Rocket Mortgage

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Everything you'd expect from Schwab Bank—and more.

Find a mortgage solution tailored to your needs—whether you're purchasing a home, refinancing your mortgage, or taking advantage of your home's equity for the first time. 

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    Service

    Throughout the loan process, you'll work side by side with both Schwab Bank and a Rocket Mortgage team solely dedicated to serving Schwab clients. 

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    Convenience

    Closing may take place at your home, your office, or another preferred location, and you can sign and submit most disclosures and supporting documents electronically.

    With electronic documents, you'll reduce paperwork and save time by eliminating the scanning and mailing of forms.
     

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    Value

    As a Schwab client, you have access to competitive interest rates for home loans on a variety of loan types.

    Plus, you may be eligible for additional discounts based on your combined assets with Schwab.

Strengthen your offer with preapproval.

Show sellers you're serious with a Verified Approval Letter (VAL)1 backed by Schwab Bank's home loan provider—and America's largest mortgage lender—Rocket Mortgage. Your Verified Approval Letter will let you know how much home you can afford and position you as a more competitive buyer. 

Request a call

or call Rocket Mortgage today at 877-535-4021

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Get answers to common questions.

Verified Approval Letter (VAL)

A VAL serves as proof that you have been preapproved for a mortgage of a certain amount by a lender. It is issued when you've had your income, assets, and credit confirmed by an underwriting team to get you preapproved on your home loan.

By providing documentation upfront and getting preapproved, you will have confidence while shopping for your house, knowing that you've already been preapproved for financing. Additionally, being preapproved upfront can give you a competitive advantage in the market.

You will need to provide your income, asset, and credit documentation for review to get preapproved.