Orion Federal Credit Union · Tennessee · 2025

Orion Federal Credit Union in Tennessee: approval rate, denial rate and rates (2025)

Orion Federal Credit Union took 377 mortgage applications in Tennessee in 2025, ranking #134 of 1,274 lenders active in the state. It originated 75.6% of them and denied 2.9% (3.7% of the applications it decided), against a statewide denial rate of 17.1%.

377Applicationsin TN
3.7%Decision denial ratestate 21.7%
6.25%Median ratestate 6.62%
$265,000Median loanstate $225,000
$126MVolume16 counties

Orion Federal Credit Union in Tennessee vs the state

2.9%Denial rate-14.22 pts vs state
3.7%Decision denial rate-17.96 pts vs state
75.6%Origination rate+17.52 pts vs state
6.25%Median rate-0.37 pts vs state
-0.06Rate spread (pts)-0.29 pts vs state
$116kMedian applicant income
285Loans originated
11Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232641625.7%6.50%#150
20243212224.1%6.38%#136
20253772852.9%6.25%#134

What Orion Federal Credit Union lends in Tennessee

By loan purpose

Home purchase 286 76% · 2.1% denied
Refinance 27 7% · 0.0% denied
Cash-out refinance 64 17% · 7.8% denied

By loan type

Conventional 323 86% · 2.2% denied
FHA 47 12% · 8.5% denied
VA 7 2% · 0.0% denied

Why it denied Tennessee applicants

Credit history 5 45%
Debt-to-income ratio 3 27%
Collateral 2 18%
Other 1 9%

Where in Tennessee

Counties with the most Orion Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 32925010 3.0%
Fayette County 17130 0.0%
Madison County 640 0.0%
Davidson County 650 0.0%
Tipton County 410 0.0%
Knox County 220 0.0%
Hardeman County 220 0.0%
Carroll County 210 0.0%
Benton County 210 0.0%
Franklin County 110 0.0%

Other large lenders in Tennessee

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 16,50317.3%6.50%
United Shore Financial ServicesB 12,45810.9%6.12%
Regions BankC 11,24736.5%4.99%
Vanderbilt Mortgage and FinanceF 9,64935.8%8.75%
Mortgage Research CenterC 6,56817.3%6.25%
FirstBankC 5,67714.5%6.88%
CMG MortgageA 5,6432.9%6.50%
Freedom MortgageB 5,4938.0%6.25%
Pennymac Loan ServicesC 5,33111.2%6.00%
Mortgage Investors GroupB 4,4543.5%6.50%

Frequently asked questions

Tennessee: 377 applications in 2025, of which 285 were originated and 11 denied.

2.9% of all applications, or 3.7% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Orion Federal Credit Union originated in Tennessee in 2025 was 6.25%, against a statewide median of 6.62%.

About this data. Figures are Orion Federal Credit Union's own HMDA filing for properties located in Tennessee, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology