Quorum Federal Credit Union · Colorado · 2025

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

Quorum Federal Credit Union took 257 mortgage applications in Colorado in 2025, ranking #160 of 1,114 lenders active in the state. It originated 47.5% of them and denied 30.4% (32.0% of the applications it decided), against a statewide denial rate of 15.6%.

257Applicationsin CO
32.0%Decision denial ratestate 19.7%
8.63%Median ratestate 6.63%
$125,000Median loanstate $325,000
$21MVolume28 counties

Quorum Federal Credit Union in Colorado vs the state

30.4%Denial rate+14.72 pts vs state
32.0%Decision denial rate+12.31 pts vs state
47.5%Origination rate-12.55 pts vs state
8.63%Median rate+2.00 pts vs state
1.41Rate spread (pts)+1.26 pts vs state
$162kMedian applicant income
122Loans originated
78Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023763150.0%10.50%#241
20241558632.3%9.88%#184
202525712230.4%8.63%#160

What Quorum Federal Credit Union lends in Colorado

By loan purpose

Home purchase 24 9% · 29.2% denied
Refinance 20 8% · 40.0% denied
Cash-out refinance 204 79% · 28.9% denied
Home improvement 9 4% · 44.4% denied

By loan type

Conventional 257 100% · 30.4% denied

Why it denied Colorado applicants

Debt-to-income ratio 42 54%
Incomplete application 19 24%
Collateral 12 15%
Credit history 3 4%
Other 2 3%

Where in Colorado

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

CountyApplicationsOriginatedDeniedDenial rate
Douglas County 371712 32.4%
Arapahoe County 342111 32.4%
Jefferson County 33149 27.3%
El Paso County 32149 28.1%
Denver County 31137 22.6%
Adams County 271312 44.4%
Larimer County 1053 30.0%
Weld County 844 50.0%
Mesa County 822 25.0%
Boulder County 631 16.7%

Other large lenders in Colorado

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 23,1118.8%6.13%
ENT Credit UnionB 13,23820.9%7.50%
Rocket MortgageC 11,48615.7%6.61%
Guild MortgageA 6,2323.1%6.62%
Bellco Credit UnionF 5,86340.9%8.00%
U.S. BankD 4,97836.0%7.95%
American FinancingD 4,93741.3%6.38%
FirstBankC 4,92915.6%7.00%
Canvas Credit UnionC 4,88913.7%7.89%
ElevationsC 4,42610.8%6.88%

Frequently asked questions

Colorado: 257 applications in 2025, of which 122 were originated and 78 denied.

30.4% of all applications, or 32.0% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Quorum Federal Credit Union originated in Colorado in 2025 was 8.63%, against a statewide median of 6.63%.

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