Lender profile · HMDA 2023–2025
Quorum Federal Credit Union mortgage approval rates & lending data
Quorum Federal Credit Union decided 15,745 mortgage applications and funded 7,980 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval 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 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.