Quorum Federal Credit Union · Mississippi · 2025

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

Quorum Federal Credit Union took 19 mortgage applications in Mississippi in 2025, ranking #245 of 681 lenders active in the state. It originated 36.8% of them and denied 42.1% (42.1% of the applications it decided), against a statewide denial rate of 22.9%.

19Applicationsin MS
42.1%Decision denial ratestate 28.5%
9.00%Median ratestate 6.75%
$65,000Median loanstate $135,000
$645kVolume11 counties

Quorum Federal Credit Union in Mississippi vs the state

42.1%Denial rate+19.19 pts vs state
42.1%Decision denial rate+13.66 pts vs state
36.8%Origination rate-16.03 pts vs state
9.00%Median rate+2.25 pts vs state
1.37Rate spread (pts)+1.04 pts vs state
$78kMedian applicant income
7Loans originated
8Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238337.5%12.63%#300
202417652.9%10.38%#251
202519742.1%9.00%#245

What Quorum Federal Credit Union lends in Mississippi

By loan purpose

Refinance 1 5% · 0.0% denied
Cash-out refinance 17 89% · 41.2% denied
Home improvement 1 5% · 100.0% denied

By loan type

Conventional 19 100% · 42.1% denied

Why it denied Mississippi applicants

Debt-to-income ratio 3 38%
Incomplete application 2 25%
Other 1 13%
Collateral 1 13%
Credit history 1 13%

Where in Mississippi

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

CountyApplicationsOriginatedDeniedDenial rate
Rankin County 411 25.0%
Hancock County 201 50.0%
DeSoto County 202 100.0%
Harrison County 220 0.0%
Lee County 220 0.0%
Jackson County 211 50.0%
Coahoma County 100 0.0%
Lafayette County 110 0.0%
Attala County 101 100.0%
Marshall County 101 100.0%

Other large lenders in Mississippi

LenderGradeApplicationsDenial rateMedian rate
21st MortgageF 6,76448.5%10.56%
Trustmark National BankC 5,53112.5%6.75%
Cadence BankB 5,30119.2%7.25%
Regions BankC 4,91644.7%5.75%
Rocket MortgageC 4,63624.8%6.63%
Community Bank of MississippiC 3,8569.0%7.65%
Renasant BankB 3,18814.3%6.99%
Triad Financial ServicesD 3,14034.4%8.76%
Vanderbilt Mortgage and FinanceF 2,84044.3%10.25%
BankPlusB 2,63810.7%6.50%

Frequently asked questions

Mississippi: 19 applications in 2025, of which 7 were originated and 8 denied.

42.1% of all applications, or 42.1% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Quorum Federal Credit Union originated in Mississippi in 2025 was 9.00%, against a statewide median of 6.75%.

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