# Orion Federal Credit Union

> **Canonical URL:** https://saferate.com/lenders/orion-federal-credit-union


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Orion Federal Credit Union is a credit union, headquartered in Memphis, TN, serving borrowers across 6 states, with 197 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 4% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 37% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 254900U2ZPLWQTSD3158
- **Headquarters:** Memphis, TN
- **Geographic Reach:** Multi-Region
- **States Served:** 6
- **State List:** AL, AR, MS, OK, TN, VA
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 96/100
- Rating: ●●●●● (5/5)

### Pull Through: Strong 😀
- Score: 63/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.126%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $475
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 197
- **Dollar Volume:** $62 million
- **Applications Received:** 274
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $313,629
- **Average Borrower Income:** $164,675
- **Average Property Value:** $396,015

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (65%)
- ⭐ **FHA Gold Superstar** (78%)
- ⭐ **Purchase Gold Superstar** (65%)
- ⭐ **Refinance Gold Superstar** (65%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 48/100 | 149 | -0.137% | $527 | Sound ☺️ |
| FHA | 60/100 | 45 | -0.103% | $334 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 124 loans, Score: 48/100 (Sound)
- Refinance: 25 loans, Score: 44/100 (Sound)

**FHA:**
- Purchase: 39 loans, Score: 59/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 50/100 | 165 | $54M | -0.125% | Sound ☺️ |
| Refinance | 45/100 | 32 | $7M | -0.130% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TN | 169 | 0.19% | 75/100 |
| MS | 16 | 0.06% | 49/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Memphis, TN |  | 156 | 80/100 |
| Jackson, TN | TN | 16 | 53/100 |
| Non |  | 10 | 23/100 |

## Where This Lender Ranks

Orion Federal Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Memphis, TN Credit Unions
  - [View Full Rankings](https://saferate.com/memphis-tn/best-mortgage-lenders/credit-unions)
- 🥇 **#1** in Memphis, TN for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/memphis-tn/best-mortgage-lenders/credit-unions/fha-loans)
- 🥈 **#2** in Memphis, TN
  - [View Full Rankings](https://saferate.com/memphis-tn/best-mortgage-lenders)
- 🥈 **#2** in Memphis, TN for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/memphis-tn/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Memphis, TN for FHA Loans
  - [View Full Rankings](https://saferate.com/memphis-tn/best-mortgage-lenders/fha-loans)
- 🥉 **#3** in Jackson, TN for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/jackson-tn/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#9** in Jackson, TN for FHA Loans
  - [View Full Rankings](https://saferate.com/jackson-tn/best-mortgage-lenders/fha-loans)
- 🏆 **#13** in Jackson, TN for Conventional Loans
  - [View Full Rankings](https://saferate.com/jackson-tn/best-mortgage-lenders/conventional-loans)
- 🏆 **#18** in Memphis, TN for Conventional Loans
  - [View Full Rankings](https://saferate.com/memphis-tn/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Orion Federal Credit Union offer?

Orion Federal Credit Union offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Orion Federal Credit Union offer mortgages?

Orion Federal Credit Union offers mortgages in 6 states: AL, AR, MS, OK, TN, VA.

### How competitive are Orion Federal Credit Union's mortgage rates?

Orion Federal Credit Union has a pricing score of 96/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.126% below market average.

### What type of lender is Orion Federal Credit Union?

Orion Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Memphis, TN.

### What is Orion Federal Credit Union's loan approval success rate?

Orion Federal Credit Union has a pull-through score of 63/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/orion-federal-credit-union

### How to Cite

> "Orion Federal Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/orion-federal-credit-union

---

**[View Interactive Profile →](https://saferate.com/lenders/orion-federal-credit-union)**