Quorum Federal Credit Union · Delaware · 2025

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

Quorum Federal Credit Union took 30 mortgage applications in Delaware in 2025, ranking #152 of 540 lenders active in the state. It originated 56.7% of them and denied 26.7% (27.6% of the applications it decided), against a statewide denial rate of 18.2%.

30Applicationsin DE
27.6%Decision denial ratestate 22.7%
9.50%Median ratestate 6.63%
$105,000Median loanstate $245,000
$1.9MVolume3 counties

Quorum Federal Credit Union in Delaware vs the state

26.7%Denial rate+8.51 pts vs state
27.6%Decision denial rate+4.86 pts vs state
56.7%Origination rate-2.52 pts vs state
9.50%Median rate+2.88 pts vs state
2.27Rate spread (pts)+2.00 pts vs state
$118kMedian applicant income
17Loans originated
8Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235160.0%12.25%#286
20246516.7%9.88%#300
2025301726.7%9.50%#152

What Quorum Federal Credit Union lends in Delaware

By loan purpose

Refinance 8 27% · 25.0% denied
Cash-out refinance 22 73% · 27.3% denied

By loan type

Conventional 30 100% · 26.7% denied

Why it denied Delaware applicants

Debt-to-income ratio 5 63%
Collateral 1 13%
Other 1 13%
Incomplete application 1 13%

Where in Delaware

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

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 1593 20.0%
Sussex County 954 44.4%
Kent County 631 16.7%

Other large lenders in Delaware

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 2,38115.5%6.88%
Wilmington Savings Fund SocietyB 1,80116.6%7.25%
Citizens BankC 1,63329.3%7.65%
PNC BankD 1,49225.1%7.50%
NVR Mortgage FinanceB 1,41418.7%6.63%
United Shore Financial ServicesB 1,40813.0%6.13%
Pike Creek Mortgage ServicesB 1,3832.2%6.38%
Manufacturers and Traders TrustC 1,33732.5%5.99%
NewrezD 1,12718.4%6.50%
Del-One Federal Credit UnionD 1,07041.3%7.00%

Frequently asked questions

Delaware: 30 applications in 2025, of which 17 were originated and 8 denied.

26.7% of all applications, or 27.6% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Quorum Federal Credit Union originated in Delaware in 2025 was 9.50%, against a statewide median of 6.63%.

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