Quorum Federal Credit Union · Arizona · 2025

Quorum Federal Credit Union in Arizona: approval rate, denial rate and rates (2025)

Quorum Federal Credit Union took 446 mortgage applications in Arizona in 2025, ranking #121 of 1,082 lenders active in the state. It originated 55.2% of them and denied 29.2% (30.6% of the applications it decided), against a statewide denial rate of 16.2%.

446Applicationsin AZ
30.6%Decision denial ratestate 20.4%
8.63%Median ratestate 6.50%
$115,000Median loanstate $275,000
$40MVolume11 counties

Quorum Federal Credit Union in Arizona vs the state

29.2%Denial rate+12.92 pts vs state
30.6%Decision denial rate+10.18 pts vs state
55.2%Origination rate-4.32 pts vs state
8.63%Median rate+2.13 pts vs state
1.47Rate spread (pts)+1.25 pts vs state
$154kMedian applicant income
246Loans originated
130Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023782751.3%11.25%#256
202429316728.0%9.75%#134
202544624629.2%8.63%#121

What Quorum Federal Credit Union lends in Arizona

By loan purpose

Home purchase 17 4% · 11.8% denied
Refinance 57 13% · 42.1% denied
Cash-out refinance 365 82% · 28.0% denied
Home improvement 7 2% · 28.6% denied

By loan type

Conventional 446 100% · 29.2% denied

Why it denied Arizona applicants

Debt-to-income ratio 81 62%
Incomplete application 20 15%
Collateral 17 13%
Other 7 5%
Credit history 4 3%
Unverifiable information 1 1%

Where in Arizona

Counties with the most Quorum Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 29417083 28.2%
Pima County 703221 30.0%
Pinal County 321711 34.4%
Yavapai County 15103 20.0%
Mohave County 1284 33.3%
Coconino County 843 37.5%
Navajo County 513 60.0%
Gila County 420 0.0%
Yuma County 421 25.0%
Cochise County 100 0.0%

Other large lenders in Arizona

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 25,38310.2%6.25%
Rocket MortgageC 17,94715.6%6.75%
Desert Financial Credit UnionB 16,97024.3%6.49%
Crosscountry MortgageB 7,5703.8%6.58%
Fairway Independent MortgageB 6,7295.6%6.63%
Bank of AmericaF 6,22932.2%6.24%
Loandepot.ComD 6,18016.1%5.99%
Pennymac Loan ServicesC 5,83811.7%6.62%
Nova Financial & InvestmentC 5,38016.2%6.49%
Freedom MortgageB 4,9917.0%6.00%

Frequently asked questions

Arizona: 446 applications in 2025, of which 246 were originated and 130 denied.

29.2% of all applications, or 30.6% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Quorum Federal Credit Union originated in Arizona in 2025 was 8.63%, against a statewide median of 6.50%.

About this data. Figures are Quorum Federal Credit Union's own HMDA filing for properties located in Arizona, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology