Quorum Federal Credit Union in California vs the state
29.5%Denial rate+12.07 pts vs state
30.9%Decision denial rate+8.50 pts vs state
54.1%Origination rate-2.13 pts vs state
8.38%Median rate+1.75 pts vs state
1.22Rate spread (pts)+0.94 pts vs state
$216kMedian applicant income
1,243Loans originated
678Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 414 | 147 | 48.8% | 10.75% | #250 |
| 2024 | 1,225 | 707 | 26.5% | 9.50% | #137 |
| 2025 | 2,299 | 1,243 | 29.5% | 8.38% | #92 |
What Quorum Federal Credit Union lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Quorum Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 475 | 237 | 152 | 32.0% |
| San Diego County | 272 | 161 | 69 | 25.4% |
| Orange County | 218 | 136 | 48 | 22.0% |
| Riverside County | 173 | 89 | 62 | 35.8% |
| San Bernardino County | 106 | 51 | 33 | 31.1% |
| Contra Costa County | 98 | 54 | 35 | 35.7% |
| Sacramento County | 90 | 46 | 29 | 32.2% |
| Alameda County | 83 | 44 | 22 | 26.5% |
| Santa Clara County | 63 | 33 | 18 | 28.6% |
| Marin County | 50 | 19 | 22 | 44.0% |
Other large lenders in California
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 79,261 | 12.6% | 6.49% |
| Rocket Mortgage | C | 58,925 | 17.6% | 6.75% |
| Bank of America | F | 40,190 | 30.8% | 5.99% |
| U.S. Bank | D | 32,493 | 31.6% | 6.50% |
| JPMorgan Chase Bank | B | 22,048 | 9.7% | 6.13% |
| Spring Eq | D | 21,601 | 50.8% | 8.88% |
| Schoolsfirst | A | 19,086 | 10.0% | 6.25% |
| Pennymac Loan Services | C | 18,754 | 13.5% | 6.50% |
| Newrez | D | 17,000 | 19.3% | 6.63% |
| Loandepot.Com | D | 16,645 | 18.7% | 6.63% |
Frequently asked questions
California: 2,299 applications in 2025, of which 1,243 were originated and 678 denied.
29.5% of all applications, or 30.9% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Quorum Federal Credit Union originated in California in 2025 was 8.38%, against a statewide median of 6.63%.
About this data. Figures are Quorum Federal Credit Union's own HMDA filing for properties located in California, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology