Quorum Federal Credit Union in Washington vs the state
28.9%Denial rate+13.21 pts vs state
30.0%Decision denial rate+10.43 pts vs state
51.5%Origination rate-9.57 pts vs state
8.50%Median rate+1.88 pts vs state
1.42Rate spread (pts)+1.23 pts vs state
$166kMedian applicant income
207Loans originated
116Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 50 | 20 | 54.0% | 10.63% | #285 |
| 2024 | 241 | 145 | 29.5% | 9.99% | #155 |
| 2025 | 402 | 207 | 28.9% | 8.50% | #121 |
What Quorum Federal Credit Union lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Quorum Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 125 | 55 | 39 | 31.2% |
| Pierce County | 54 | 34 | 12 | 22.2% |
| Snohomish County | 50 | 29 | 14 | 28.0% |
| Clark County | 36 | 21 | 8 | 22.2% |
| Thurston County | 16 | 9 | 2 | 12.5% |
| Spokane County | 15 | 9 | 3 | 20.0% |
| Grays Harbor County | 15 | 12 | 2 | 13.3% |
| Mason County | 10 | 4 | 5 | 50.0% |
| Whatcom County | 10 | 7 | 1 | 10.0% |
| Island County | 10 | 5 | 1 | 10.0% |
Other large lenders in Washington
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Boeing Employees Credit Union | B | 21,599 | 23.8% | 6.13% |
| Rocket Mortgage | C | 14,301 | 15.9% | 6.63% |
| United Shore Financial Services | B | 13,770 | 10.0% | 6.13% |
| Guild Mortgage | A | 8,056 | 3.4% | 6.63% |
| CMG Mortgage | A | 7,817 | 3.1% | 6.63% |
| Movement Mortgage | A | 7,472 | 3.6% | 6.63% |
| Bank of America | F | 6,986 | 27.0% | 5.99% |
| Crosscountry Mortgage | B | 6,903 | 3.1% | 6.63% |
| U.S. Bank | D | 6,568 | 27.6% | 6.63% |
| Newrez | D | 5,849 | 12.9% | 6.63% |
Frequently asked questions
Washington: 402 applications in 2025, of which 207 were originated and 116 denied.
28.9% of all applications, or 30.0% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Quorum Federal Credit Union originated in Washington in 2025 was 8.50%, against a statewide median of 6.63%.
About this data. Figures are Quorum Federal Credit Union's own HMDA filing for properties located in Washington, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology