Quorum Federal Credit Union in Virginia vs the state
26.6%Denial rate+10.63 pts vs state
27.4%Decision denial rate+7.19 pts vs state
59.8%Origination rate+0.27 pts vs state
8.74%Median rate+2.12 pts vs state
1.52Rate spread (pts)+1.30 pts vs state
$152kMedian applicant income
171Loans originated
76Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 50 | 17 | 56.0% | 10.88% | #362 |
| 2024 | 117 | 66 | 29.1% | 9.81% | #262 |
| 2025 | 286 | 171 | 26.6% | 8.74% | #169 |
What Quorum Federal Credit Union lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Quorum Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 33 | 22 | 6 | 18.2% |
| Virginia Beach city | 33 | 23 | 8 | 24.2% |
| Prince William County | 20 | 13 | 4 | 20.0% |
| Chesapeake city | 18 | 10 | 6 | 33.3% |
| Loudoun County | 16 | 8 | 6 | 37.5% |
| Chesterfield County | 14 | 6 | 6 | 42.9% |
| Norfolk city | 11 | 7 | 2 | 18.2% |
| Arlington County | 9 | 9 | 0 | 0.0% |
| Orange County | 8 | 3 | 4 | 50.0% |
| York County | 8 | 5 | 0 | 0.0% |
Other large lenders in Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 19,395 | 19.3% | 7.75% |
| Rocket Mortgage | C | 19,274 | 14.8% | 6.63% |
| United Shore Financial Services | B | 13,994 | 10.4% | 6.12% |
| Truist Bank | C | 11,838 | 31.6% | 6.49% |
| Mortgage Research Center | C | 9,000 | 16.7% | 6.25% |
| Pennymac Loan Services | C | 8,334 | 10.7% | 6.38% |
| Freedom Mortgage | B | 8,029 | 6.5% | 6.25% |
| Bank of America | F | 6,584 | 31.9% | 6.24% |
| Newrez | D | 6,390 | 16.4% | 6.38% |
| Movement Mortgage | A | 6,126 | 4.3% | 6.56% |
Frequently asked questions
Virginia: 286 applications in 2025, of which 171 were originated and 76 denied.
26.6% of all applications, or 27.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Quorum Federal Credit Union originated in Virginia in 2025 was 8.74%, against a statewide median of 6.63%.
About this data. Figures are Quorum Federal Credit Union's own HMDA filing for properties located in Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology