Quorum Federal Credit Union Mortgage Rates, Fees & Info
Harrison, NYLEI: 549300Q50XCC0473FG63
Tax ID: 13-1517541
1 stars
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Mortgage Data
Review & Overview
Quorum Federal Credit Union is a smaller credit union specializing in Cash Out Refi and Home Purchase loans. Quorum Federal Credit Union has an average proportion of conventional loans. Their top markets by origination volume include: Los Angeles, New York, San Francisco, Denver, and Miami among others. We have data for 258 markets. (Some data included below & more in-depth data is available with an active subscription.)Quorum Federal Credit Union has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Quorum Federal Credit Union is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 1/29/23 |
| 30 Year Conventional Purchase | 6.67% | 1/29/23 |
| 30 Year Conventional Refi | 6.37% | 1/29/23 |
| 30 Year Cash-out Refi | 6.66% | 1/29/23 |
| 15 Year Conventional Purchase | 5.80% | 1/29/23 |
| 15 Year Conventional Refi | 5.70% | 1/29/23 |
| 15 Year Cash-out Refi | 5.70% | 1/29/23 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Originations
4,190Origination Dollar Volume (All Markets)
$649,550,000Awards
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QUORUM FEDERAL CREDIT UNION - 2021
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Relative Rate
Quorum Federal Credit Union's average 30 year fixed mortgage rate was
5.77%.
The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.
This yields a difference of 2.62%.
Relative Fees (Closing Costs)
Quorum Federal Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $4,548.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $4,750.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 378 | $77,510,000 | $205,053 | $0 | 5.52% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 373 | $67,405,000 | $180,710 | $4,242 | 5.45% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 171 | $38,615,000 | $225,819 | $0 | 5.53% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 203 | $31,865,000 | $156,970 | $0 | 5.73% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 325 | $30,505,000 | $93,862 | $4,291 | 5.74% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 143 | $28,455,000 | $198,986 | $0 | 5.58% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 198 | $27,630,000 | $139,545 | $2,684 | 5.99% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 176 | $23,760,000 | $135,000 | $7,624 | 6.19% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 118 | $18,340,000 | $155,424 | $3,447 | 5.81% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 96 | $17,160,000 | $178,750 | $0 | 5.82% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 98 | $14,100,000 | $143,878 | $0 | 5.76% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 108 | $12,850,000 | $118,981 | $0 | 6.30% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 58 | $12,320,000 | $212,414 | $3,325 | 5.90% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 48 | $12,100,000 | $252,083 | $0 | 5.18% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 73 | $11,945,000 | $163,630 | $2,653 | 5.64% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 85 | $11,715,000 | $137,824 | $0 | 6.09% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 79 | $11,375,000 | $143,987 | $5,972 | 5.95% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 75 | $9,725,000 | $129,667 | $6,384 | 6.07% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 50 | $9,400,000 | $188,000 | $5,331 | 5.36% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 59 | $7,395,000 | $125,339 | $4,658 | 6.14% |
| Outside of Metro Areas | 55 | $7,145,000 | $129,909 | $3,427 | 5.65% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 34 | $5,900,000 | $173,529 | $0 | 5.61% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 24 | $5,270,000 | $219,583 | $0 | 5.39% |
| BOISE CITY, ID (FHA|USDA|VA) | 31 | $4,465,000 | $144,032 | $0 | 6.00% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 22 | $4,070,000 | $185,000 | $0 | 5.62% |
| FRESNO, CA (FHA|USDA|VA) | 24 | $3,890,000 | $162,083 | $0 | 5.24% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 30 | $3,850,000 | $128,333 | $2,946 | 5.83% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 39 | $3,755,000 | $96,282 | $0 | 5.89% |
| STOCKTON, CA (FHA|USDA|VA) | 33 | $3,725,000 | $112,879 | $0 | 6.13% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 27 | $3,525,000 | $130,556 | $2,310 | 5.49% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 28 | $3,520,000 | $125,714 | $0 | 6.22% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 24 | $3,300,000 | $137,500 | $4,918 | 5.79% |
| RENO, NV (FHA|USDA|VA) | 19 | $3,235,000 | $170,263 | $0 | 5.97% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 19 | $2,955,000 | $155,526 | $0 | 5.48% |
| SALINAS, CA (FHA|USDA|VA) | 11 | $2,875,000 | $261,364 | $0 | 5.65% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 17 | $2,875,000 | $169,118 | $2,082 | 5.72% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 23 | $2,775,000 | $120,652 | $0 | 5.56% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 22 | $2,650,000 | $120,455 | $0 | 5.57% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 21 | $2,565,000 | $122,143 | $5,020 | 6.03% |
| VALLEJO, CA (FHA|USDA|VA) | 22 | $2,510,000 | $114,091 | $0 | 6.78% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 17 | $2,425,000 | $142,647 | $0 | 5.80% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 14 | $2,190,000 | $156,429 | $0 | 6.12% |
| PROVO-OREM, UT (FHA|USDA|VA) | 13 | $2,145,000 | $165,000 | $0 | 5.86% |
| BEND, OR (FHA|USDA|VA) | 12 | $2,060,000 | $171,667 | $0 | 4.86% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 12 | $2,050,000 | $170,833 | $0 | 5.32% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 13 | $2,015,000 | $155,000 | $0 | 5.52% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 9 | $1,975,000 | $219,444 | $0 | 5.22% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 11 | $1,925,000 | $175,000 | $9,587 | 5.43% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 10 | $1,910,000 | $191,000 | $0 | 5.34% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 11 | $1,885,000 | $171,364 | $0 | 5.55% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 13 | $1,865,000 | $143,462 | $0 | 5.91% |
| FORT COLLINS, CO (FHA|USDA|VA) | 15 | $1,735,000 | $115,667 | $0 | 6.43% |
| NAPA, CA (FHA|USDA|VA) | 11 | $1,655,000 | $150,455 | $0 | 5.38% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 8 | $1,570,000 | $196,250 | $3,278 | 5.62% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 13 | $1,485,000 | $114,231 | $0 | 5.71% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 13 | $1,395,000 | $107,308 | $0 | 6.89% |
| PITTSBURGH, PA (FHA|USDA|VA) | 10 | $1,390,000 | $139,000 | $0 | 6.22% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 13 | $1,345,000 | $103,462 | $0 | 6.20% |
| GREELEY, CO (FHA|USDA|VA) | 14 | $1,340,000 | $95,714 | $0 | 6.08% |
| SANTA FE, NM (FHA|USDA|VA) | 8 | $1,320,000 | $165,000 | $0 | 5.06% |
| RICHMOND, VA (FHA|USDA|VA) | 3 | $1,305,000 | $435,000 | $4,299 | 5.13% |
| BOULDER, CO (FHA|USDA|VA) | 7 | $1,295,000 | $185,000 | $0 | 4.65% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 12 | $1,280,000 | $106,667 | $0 | 6.00% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 7 | $1,255,000 | $179,286 | $0 | 5.80% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 6 | $1,200,000 | $200,000 | $0 | 5.87% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 10 | $1,170,000 | $117,000 | $0 | 5.74% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 6 | $1,120,000 | $186,667 | $14,331 | 5.85% |
| GAINESVILLE, GA (FHA|USDA|VA) | 5 | $1,075,000 | $215,000 | $0 | 6.45% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 8 | $1,030,000 | $128,750 | $0 | 5.58% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $0 | 5.24% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 6 | $970,000 | $161,667 | $0 | 5.33% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 4 | $940,000 | $235,000 | $0 | 5.29% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 5 | $915,000 | $183,000 | $3,104 | 4.71% |
| COLUMBUS, OH (FHA|USDA|VA) | 10 | $910,000 | $91,000 | $0 | 6.34% |
| ST. GEORGE, UT (FHA|USDA|VA) | 7 | $905,000 | $129,286 | $0 | 6.71% |
| Key West, FL (FHA|USDA|VA) | 5 | $875,000 | $175,000 | $0 | 5.87% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 6 | $870,000 | $145,000 | $0 | 5.29% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 8 | $870,000 | $108,750 | $0 | 6.37% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $4,352 | 4.75% |
| TUCSON, AZ (FHA|USDA|VA) | 8 | $840,000 | $105,000 | $0 | 5.71% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 10 | $810,000 | $81,000 | $0 | 6.59% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 4 | $790,000 | $197,500 | $0 | 6.00% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 5 | $765,000 | $153,000 | $2,135 | 5.28% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 11 | $765,000 | $69,545 | $0 | 6.04% |
| MODESTO, CA (FHA|USDA|VA) | 7 | $755,000 | $107,857 | $0 | 6.32% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 5 | $745,000 | $149,000 | $0 | 6.60% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 7 | $735,000 | $105,000 | $3,953 | 5.47% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 4 | $710,000 | $177,500 | $0 | 6.35% |
| MADERA, CA (FHA|USDA|VA) | 6 | $710,000 | $118,333 | $0 | 5.60% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 5 | $685,000 | $137,000 | $0 | 6.35% |
| Sevierville, TN (FHA|USDA|VA) | 5 | $685,000 | $137,000 | $0 | 5.70% |
| MEDFORD, OR (FHA|USDA|VA) | 4 | $630,000 | $157,500 | $0 | 6.69% |
| Durango, CO (FHA|USDA|VA) | 4 | $620,000 | $155,000 | $0 | 5.90% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $0 | 5.73% |
| ASHEVILLE, NC (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $0 | 6.75% |
| VISALIA, CA (FHA|USDA|VA) | 4 | $580,000 | $145,000 | $0 | 6.29% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 4 | $580,000 | $145,000 | $2,118 | 5.11% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 6 | $570,000 | $95,000 | $0 | 5.63% |
| Hilo, HI (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $0 | 6.38% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 4 | $560,000 | $140,000 | $0 | 6.07% |
| BELLINGHAM, WA (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $0 | 5.40% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 5 | $525,000 | $105,000 | $0 | 5.81% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 5 | $505,000 | $101,000 | $0 | 5.59% |
| Payson, AZ (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 5.20% |
| REDDING, CA (FHA|USDA|VA) | 6 | $490,000 | $81,667 | $0 | 5.18% |
| WENATCHEE, WA (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 6.75% |
| Heber, UT (FHA|USDA|VA) | 3 | $465,000 | $155,000 | $0 | 5.32% |
| CARSON CITY, NV (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 8.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 5 | $455,000 | $91,000 | $0 | 5.65% |
| SALEM, OR (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $0 | 4.90% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 4 | $430,000 | $107,500 | $1,875 | 4.14% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 4 | $430,000 | $107,500 | $0 | 6.36% |
| Breckenridge, CO (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $0 | 6.13% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 5 | $425,000 | $85,000 | $0 | 5.11% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 5 | $425,000 | $85,000 | $0 | 6.20% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $0 | 5.28% |
| Plymouth, IN (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 3.95% |
| Moses Lake, WA (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 4.35% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 6.75% |
| TULSA, OK (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $0 | 6.11% |
| COLUMBIA, SC (FHA|USDA|VA) | 5 | $375,000 | $75,000 | $0 | 5.96% |
| Steamboat Springs, CO (FHA|USDA|VA) | 4 | $360,000 | $90,000 | $0 | 6.17% |
| Roseburg, OR (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $0 | 5.32% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 4.24% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $0 | 5.87% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $0 | 6.67% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 4 | $330,000 | $82,500 | $0 | 6.86% |
| SYRACUSE, NY (FHA|USDA|VA) | 3 | $315,000 | $105,000 | $0 | 6.08% |
| Hood River, OR (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 4.98% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 6.88% |
| MERCED, CA (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 7.43% |
| Gloversville, NY (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 4.95% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 5.00% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,462 | 2.63% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 5.00% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $0 | 4.45% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 4 | $300,000 | $75,000 | $0 | 6.72% |
| Fernley, NV (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $0 | 7.00% |
| Albert Lea, MN (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $0 | 6.38% |
| Bennington, VT (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 5.90% |
| GAINESVILLE, FL (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 5.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 4 | $290,000 | $72,500 | $0 | 4.91% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 5.92% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,125 | 1.75% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 6.88% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $0 | 4.90% |
| Outside of Metro Areas | 2 | $250,000 | $125,000 | $0 | 5.23% |
| MADISON, WI (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 7.63% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 5.38% |
| LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 7.75% |
| PITTSFIELD, MA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 6.38% |
| Milledgeville, GA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 5.50% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 5.00% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 7.00% |
| CHICO, CA (FHA|USDA|VA) | 4 | $240,000 | $60,000 | $0 | 5.55% |
| CORVALLIS, OR (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 6.25% |
| Oak Harbor, WA (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 5.63% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 3 | $235,000 | $78,333 | $0 | 7.33% |
| Findlay, OH (FHA|USDA|VA) | 6 | $230,000 | $38,333 | $0 | 6.81% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $2,970 | 2.31% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,795 | 3.13% |
| ANCHORAGE, AK (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 8.00% |
| Shelbyville, TN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 7.25% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 8.45% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 5.00% |
| Holland, MI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 6.50% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 6.38% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 6.38% |
| Ellensburg, WA (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 6.55% |
| ROANOKE, VA (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 6.65% |
| OCALA, FL (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 7.38% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 5.06% |
| Jackson, WY-ID (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 3.95% |
| TOPEKA, KS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 5.00% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 5.75% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,717 | 2.50% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 3 | $175,000 | $58,333 | $0 | 6.50% |
| Edwards, CO (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 5.10% |
| POCATELLO, ID (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 6.75% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 5.50% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 7.75% |
| WICHITA, KS (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 6.08% |
| AKRON, OH (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 6.61% |
| Houghton, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 7.50% |
| CHEYENNE, WY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 4.24% |
| BATON ROUGE, LA (FHA|USDA|VA) | 3 | $145,000 | $48,333 | $0 | 5.57% |
| Urbana, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 6.00% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 6.75% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 4.74% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 7.50% |
| Sonora, CA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 4.24% |
| WILMINGTON, NC (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 8.25% |
| MONTGOMERY, AL (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 6.50% |
| BILLINGS, MT (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 5.00% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 8.10% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 4.45% |
| Torrington, CT (FHA|USDA|VA) | 3 | $115,000 | $38,333 | $0 | 7.05% |
| Cullman, AL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 7.25% |
| Auburn, NY (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 5.00% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 8.25% |
| Laconia, NH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.50% |
| Newport, OR (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.00% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.00% |
| DOVER, DE (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.00% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.00% |
| RAPID CITY, SD (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 3.95% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 7.00% |
| Shelby, NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 7.75% |
| Red Bluff, CA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 7.75% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $0 | 7.00% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 5.50% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 5.88% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 8.25% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 6.25% |
| WHEELING, WV-OH (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.95% |
| GLENS FALLS, NY (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 7.00% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 6.75% |
| Bartlesville, OK (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 7.75% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.95% |
| TOLEDO, OH (FHA|USDA|VA) | 2 | $70,000 | $35,000 | $0 | 5.35% |
| Crossville, TN (FHA|USDA|VA) | 2 | $70,000 | $35,000 | $0 | 6.05% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $70,000 | $35,000 | $0 | 4.75% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.95% |
| Grand Rapids, MN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 8.25% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 5.00% |
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.24% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.95% |
| Laramie, WY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.95% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 5.50% |
| Moscow, ID (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 6.25% |
| NILES, MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 6.75% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 8.25% |
| Prineville, OR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 6.00% |
| Clearlake, CA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.24% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 6.00% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.95% |
| RACINE, WI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 5.00% |
| Richmond-Berea, KY (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.00% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.25% |
| Laurinburg, NC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 8.25% |
| Williston, ND (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 5.00% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.90% |
| YUBA CITY, CA (FHA|USDA|VA) | 2 | $50,000 | $25,000 | $0 | 6.25% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 3.95% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 6.00% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 3.95% |
| MIDLAND, MI (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 7.25% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 7.75% |
| Lebanon, NH-VT (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 6.00% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 5.00% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 7.00% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 7.60% |
| Evanston, WY (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 4.74% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 6.00% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 5.74% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 4.24% |
| CHARLESTON, WV (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 6.00% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 6.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against QUORUM FEDERAL CREDIT UNION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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AMERITRUST MORTGAGE CORPORATION
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GARDEN SAVINGS FEDERAL CREDIT UNION
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 4,097 | $616,065,000 | $150,370 | n/a | 5.83% |
| Conventional | 93 | $33,485,000 | $360,054 | $4,117 | 2.86% |
For 2021, Quorum Federal Credit Union's most frequently originated type of loan was HELOC, with 4,097 originations. Their 2nd most popular type was Conventional, with 93 originations.
Loan Reason
For 2021, Quorum Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 2,574 originations. The 2nd most popular reason was Home Purchase, with 1,417 originations.
Loan Duration/Length
For 2021, Quorum Federal Credit Union's most frequently cited loan duration was 30 Year, with 4,061 originations. The 2nd most popular length was 15 Year, with 116 originations.
Origination Fees/Closing Costs
Quorum Federal Credit Union's average total fees were $4,548, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 62 originations.
Interest Rates
During 2021, Quorum Federal Credit Union's average interest rate for loans was 5.77%, while their most frequently originated rate bucket for loans was 4-5%, with 1,231 originations.
Loan Sizing
2021 saw Quorum Federal Credit Union place emphasis on $100,000 or less loans with 1,699 originations, totaling $104,535,000 in origination value.
Applicant Income
Quorum Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 1,562 originations. The second most popular income band? $250k+, with 1,411 originations.
Applicant Debt to Income Ratio
Quorum Federal Credit Union lent most frequently to those with DTI ratios of 30-36%, with 968 originations. The next most common DTI ratio? 20-30%, with 928 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications79.34%
Quorum Federal Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination67.66%
Quorum Federal Credit Union has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 4,190 | $649,550,000 | $155,024 |