Quincy Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
24th17.7% deniedPricingmedian rate spread over APOR, weight 30%
12th0.99 ptsProcesswithdrawn + incomplete share, weight 15%
15th22.3%Closing coststotal loan costs ÷ loan amount, weight 10%
59th1.70% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 235 | 136 | 21.7% | 26.8% | 6.69% | $27M |
| 2024 | 134 | 87 | 20.2% | 23.7% | 7.50% | $17M |
| 2025 | 175 | 109 | 13.7% | 17.7% | 7.13% | $24M |
What Quincy Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 11 investment properties.
Why Quincy Credit Union denies applications
Primary reason reported for each of the 24 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Quincy Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 36 | 21 | 24.1% |
| $100k – $150k | 53 | 26 | 26.3% |
| $150k – $250k | 56 | 43 | 8.5% |
| Over $250k | 20 | 11 | 15.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 22 | 11 | 25.0% |
| 35–44 | 38 | 23 | 17.9% |
| 45–54 | 38 | 30 | 14.3% |
| 55–64 | 40 | 26 | 12.9% |
Where Quincy Credit Union lends
1 states and 8 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Massachusetts | 175 | 109 | 13.7% | 7.13% | #180 |
Frequently asked questions
Quincy Credit Union denied 17.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 24th percentile of small mortgage lenders.
The most common reason Quincy Credit Union gave in 2025 was "debt-to-income ratio", cited on 37.5% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Quincy Credit Union originated in 2025 was 7.13%, and its median rate spread over the average prime offer rate was 0.99 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 21% of its applications were for home purchases, 46% for refinancing (including cash-out), and 33% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.