Quorum Federal Credit Union mortgage approval rate & lending review
Quorum Federal Credit Union decided 15,745 mortgage applications and funded 7,980 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Quorum Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Quorum Federal Credit Union at a glance
Approval is 7.1 points below the 69.8% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 66% | 306 / 463 | 84% | $155K | 257 |
| Home improvement loans | 66% | 311 / 468 | 80% | $345K | 250 |
| Cash-out refinance | 65% | 7,908 / 12,223 | 81% | $125K | 6,376 |
| Refinance | 65% | 744 / 1,138 | 84% | $155K | 622 |
| Investment property purchase | 62% | 23 / 37 | 78% | $125K | 18 |
| Investment cash-out refinance | 40% | 485 / 1,219 | 78% | $175K | 378 |
| Investment refinance | 47% | 89 / 189 | 87% | $145K | 77 |
Quorum Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 68% | $195K | 3,665 | 2,051 |
| New York | 57% | $165K | 1,774 | 797 |
| Florida | 56% | $135K | 1,568 | 693 |
| New Jersey | 64% | $155K | 838 | 437 |
| Arizona | 67% | $125K | 766 | 433 |
| Washington | 68% | $105K | 555 | 313 |
| North Carolina | 66% | $105K | 499 | 265 |
| Tennessee | 70% | $105K | 454 | 263 |
| Illinois | 60% | $145K | 434 | 214 |
| Colorado | 64% | $105K | 407 | 209 |
| Georgia | 57% | $105K | 388 | 170 |
| Nevada | 61% | $105K | 369 | 180 |
| Massachusetts | 62% | $105K | 362 | 173 |
| Connecticut | 65% | $205K | 345 | 182 |
| Virginia | 68% | $105K | 306 | 182 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Quorum Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Los Angeles County, CA | Cash-out refinance | 69% | 639 | 363 |
| Maricopa County, AZ | Cash-out refinance | 69% | 395 | 236 |
| San Diego County, CA | Cash-out refinance | 69% | 358 | 203 |
| Orange County, CA | Cash-out refinance | 74% | 326 | 198 |
| Suffolk County, NY | Cash-out refinance | 60% | 350 | 173 |
| Nassau County, NY | Cash-out refinance | 65% | 250 | 133 |
| Riverside County, CA | Cash-out refinance | 61% | 205 | 103 |
| Westchester County, NY | Cash-out refinance | 69% | 172 | 91 |
| King County, WA | Cash-out refinance | 70% | 159 | 86 |
| Contra Costa County, CA | Cash-out refinance | 68% | 135 | 76 |
| Sacramento County, CA | Cash-out refinance | 71% | 127 | 76 |
| San Bernardino County, CA | Cash-out refinance | 65% | 130 | 73 |
The county markets where Quorum Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Quorum Federal Credit Union
What is Quorum Federal Credit Union's mortgage approval rate?
Quorum Federal Credit Union approved 62.7% of the 15,745 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 7.1 points below the 69.8% national rate for the same mix of loan types.
How often do borrowers take the loan Quorum Federal Credit Union offers?
Borrowers accepted 81% of the loans Quorum Federal Credit Union approved, against 94% for all cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Quorum Federal Credit Union make?
The typical cash-out refinance loan Quorum Federal Credit Union made was $125K; across all loan types its typical loan ran from $125K to $345K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Quorum Federal Credit Union lend?
Quorum Federal Credit Union decided applications in 49 of the states Fat Boy Data covers, most of them in California, New York and Florida.
Can I apply to Quorum Federal Credit Union directly?
Yes. Quorum Federal Credit Union is a bank or credit union with 1 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Quorum Federal Credit Union's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Quorum Federal Credit Union treats applications, then get a rate quote from the lender.