Quorum Federal Credit Union · Louisiana · 2025

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

Quorum Federal Credit Union took 44 mortgage applications in Louisiana in 2025, ranking #263 of 721 lenders active in the state. It originated 43.2% of them and denied 40.9% (42.9% of the applications it decided), against a statewide denial rate of 22.2%.

44Applicationsin LA
42.9%Decision denial ratestate 28.2%
9.25%Median ratestate 6.63%
$75,000Median loanstate $165,000
$2.0MVolume16 counties

Quorum Federal Credit Union in Louisiana vs the state

40.9%Denial rate+18.74 pts vs state
42.9%Decision denial rate+14.71 pts vs state
43.2%Origination rate-8.79 pts vs state
9.25%Median rate+2.63 pts vs state
1.80Rate spread (pts)+1.44 pts vs state
$133kMedian applicant income
19Loans originated
18Denied

Trend in Louisiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237271.4%12.99%#421
2024291234.5%10.19%#286
2025441940.9%9.25%#263

What Quorum Federal Credit Union lends in Louisiana

By loan purpose

Home purchase 1 2% · 0.0% denied
Refinance 3 7% · 33.3% denied
Cash-out refinance 37 84% · 43.2% denied
Home improvement 3 7% · 33.3% denied

By loan type

Conventional 44 100% · 40.9% denied

Why it denied Louisiana applicants

Debt-to-income ratio 9 50%
Credit history 3 17%
Collateral 3 17%
Incomplete application 2 11%
Other 1 6%

Where in Louisiana

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

CountyApplicationsOriginatedDeniedDenial rate
St. Tammany Parish 1154 36.4%
Jefferson Parish 751 14.3%
East Baton Rouge Parish 504 80.0%
Orleans Parish 440 0.0%
Tangipahoa Parish 312 66.7%
Livingston Parish 211 50.0%
Calcasieu Parish 211 50.0%
Lafayette Parish 202 100.0%
Lafourche Parish 100 0.0%
St. Bernard Parish 101 100.0%

Other large lenders in Louisiana

LenderGradeApplicationsDenial rateMedian rate
21st MortgageF 7,05749.0%10.10%
United Shore Financial ServicesB 6,26413.1%6.38%
Rocket MortgageC 5,77025.9%6.63%
Vanderbilt Mortgage and FinanceF 4,37045.6%10.50%
Triad Financial ServicesD 3,86749.7%8.73%
Hancock Whitney BankB 3,53621.7%6.00%
Regions BankC 3,35645.8%6.00%
GMFSA 3,0722.0%6.50%
NewrezD 2,66421.1%6.50%
Dsld MortgageA 2,5456.3%6.13%

Frequently asked questions

Louisiana: 44 applications in 2025, of which 19 were originated and 18 denied.

40.9% of all applications, or 42.9% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.

The median rate on loans Quorum Federal Credit Union originated in Louisiana in 2025 was 9.25%, against a statewide median of 6.63%.

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