Quorum Lending

Home equity rates are holding steady, with the $30,000 HELOC rate at a 52-week low of 8.56%, according to Bankrate. Our Chief Lending Officer, Tyson Blackburn, CPA , shared his perspective in the article, noting: “We expect HELOC rates to continue to come down in step with Fed rate cuts, with a high probability they will continue to decrease for the next 12 months.” For mortgage professionals, this is an opportunity to guide clients towards HELOCs as a strategic borrowing option. For consumers, it’s an ideal time to explore your home equity for renovations, debt consolidation, or other financial goals. At Quorum, we’re here to help you with competitive and flexible HELOC solutions tailored to your needs. Check out the full Bankrate article below.

We're thrilled to share Chris's positive experience with Quorum, highlighting the exceptional service provided by our team. “Eli Shereshovech III was great. Helped me through a tricky HELOC process. You could tell he really went the extra mile to prioritize the customer.” Thank you, Chris! We're happy to have been part of your journey and are excited to keep working together🙌 🔑 #MortgageLending #RealEstate #RealEstateInvestment #Testimonials #CustomerExperience #TeamQuorum

Quorum Federal Credit Union’s Chief Lending Officer Tyson Blackburn, CPA was quoted (for the second time!) in Bankrate’s weekly article about home equity rates, noting the uptick in demand Quorum has experienced on HELOCs after the presidential election, particularly with the credit union’s Renovation HELOC:  “Many people were sitting on the sidelines to see what would happen with the election and interest rates. After the election, we saw a big uptick in demand,” Blackburn remarked. Quorum’s Renovation HELOC is one of the only home improvement loans on the market that calculates the after-renovation value of a home to determine how much can be borrowed. In addition, this top-of-market HELOC offers: 🛠️ Up to 95% LTV ARV 🛠️ Financing up to $750K 🛠️ 10-year draw & 20-year repayment 🛠️ 640 minimum FICO 🛠️ No prepayment penalties & no early termination fees ⬇️Check out the full Bankrate article below and visit partners.quorumfcu.org to learn more about Quorum’s Renovation HELOC.

Quorum will be closing at 5:00 p.m. ET today, Wednesday, November 27, 2024, and remain closed through Thursday, November 28, 2024, in observance of Thanksgiving. We are incredibly grateful for our loyal members and partners and the trust you place in us each and every day. May your Thanksgiving be filled with warmth, happiness, and special moments. 🍂🍁🦃⛅

Unlock new opportunities with our First Lien HELOC, now available for Investment Properties 🏘️ Whether your clients want to grow their real estate portfolio or increase the value of their current properties, our cutting-edge HELOC solution provides unmatched flexibility and access to funds. Take advantage of this chance to revolutionize their investment and effortlessly reach their financial goals. 📧 Contact Mortgage Sales at mortgagesale@quorumfcu.org, connect with your Account Executive or visit partners.quorumfcu.org to learn more. #MortgageLending #HELOC #HomeEquity #MortgageProfessionals #FirstLienHELOC #TeamQuorum

We're happy to share Jason's experience with Quorum, highlighting our commitment to provide support in disaster-stricken areas following Hurricane Milton. “I loved working with Quorum. My account representatives Lorena and Vanessa went above and beyond to help close my HELOC loan, while I was in a disaster area after hurricane Milton hit us. It was a very smooth process, and I will definitely be using them in the future for my borrowers. I run a mortgage branch and have loan officers who all use Quorum for its easy-to-use portal and top-tier assistance they provide. The entire team is great from processors, account representatives, to underwriters, everyone updated me throughout the loan process. I'm very happy with them and will be using them in the future for my next loans. Loan closed in two weeks! Thank you, Quorum.” Thank you, Jason—we are happy to help! 🙌 🔑 #MortgageLending #RealEstate #RealEstateInvestment #Testimonials #CustomerExperience #TeamQuorum

🎃👻 Happy Halloween from Quorum! 👻🎃 Wishing our partners a spook-tacular day filled with treats, not tricks! Stay safe and enjoy the festivities! 🕸️🕷️ #HappyHalloween #CreditUnion

We’re excited to share this testimonial from Megan about her experience working with the Quorum team!🏡 "Fast turn around times, competitive loan programs, and excellent communication and customer service. I love Quorum! As a loan originator I have my choice of many lenders to send my clients to, and Quorum is my go-to. I just had a HELOC file get cleared for closing in FIVE days from start to finish, and a signing was arranged over the weekend. Every time myself or my client has a question, the response is pretty immediate and detailed. Everyone there including processors, underwriters, and closing team are great to work with and provide excellent communication throughout the process. Once the loan is opened, I have gotten nothing but extremely positive feedback from the clients regarding servicing as well. I highly recommend!" Thank you, Megan—we are happy to help! 🙌 🔑 #MortgageLending #RealEstate #RealEstateInvestment #Testimonials #CustomerExperience #TeamQuorum

🏡Ready to take your business to the next level with Renovation ARV HELOCs? Don't miss out on this exclusive webinar with Steve Rizzetta from RenoFi and Angela Prospero from Quorum Federal Credit Union. 📅 Thursday, November 14 🕑 2:00 PM - 3:00 PM EDT ✍️ Register Here: https://lnkd.in/g7HjiYBq

We’re proud to share this testimonial from Cristina about her experience working with the Quorum team! "Amazing to work with and streamlined service! My client was in need of a HELOC ASAP and my processor, Andrea, got it done. As a LO, I've now worked with the Quorum team a few times and they always exceed my expectations. My Account Executive, Lorena, always answers all of my questions, my processor, Andrea, really made this happen for my client in such a short time, including getting a rush closing!" Cristina Thank you, Cristina —the pleasure was all ours! 🙌 🔑 🏡 #MortgageLending #RealEstate #RealEstateInvestment #Testimonials #CustomerExperience #TeamQuorum