Score Mortgage or Refi Help and Grizz Gear
The Grizzlies and Orion Federal Credit Union have partnered to help lucky fans score Mortgage or Refi help and Grizzlies swag when you enter to win. Prizes include two floor seat tickets to a Grizzlies game, special autographed merch, Grizzlies swag bags, and a special "welcome committee" greeting from Grizz and the claw crew.
See official rules below.
Orion will pay up to $2,000 towards your closing costs** when you finance your mortgage with Orion. Our mortgage team is here to help simplify your home purchase or refinance.
Thinking of buying a new home or refinancing to save money? Contact our mortgage team to discuss your options. We're here to help you finance your biggest dreams.
*Payment examples for each loan and term listed:
A mortgage loan of $200,000 for 30 years at 3.080% APR will have a monthly payment of $843.21.
A mortgage loan of $200,000 for 20 years at 2.987% APR will have a monthly payment of $1096.72.
A mortgage loan of $200,000 for 15 years at 2.642% APR will have a monthly payment of $1333.58.
A mortgage loan of $200,000 for 10 years at 2.582% APR will have a monthly payment of $1874.05.
An FHA loan of $200,000 for 30 years at 3.494% APR will have a monthly payment of $962.78, including required FHA Mortgage Insurance.
An FHA loan of $200,000 for 15 years at 3.186% APR will have a monthly payment of $1418.05, including required FHA Mortgage Insurance.
A VA loan of $200,000 for 30 years at 3.082% APR will have a monthly payment of $843.43. VA Funding fee is added to loan amount.
A jumbo loan of $1,000,000 for 30 years at 3.275% APR will have a monthly payment of $4352.06.
Taxes and insurance not included in all examples, your actual payment obligation may be higher. All loans subject to approval; rates based on creditworthiness.
**Closing costs include but are not limited to fees for underwriting, recording, or credit reports and can vary by loan. Borrower may elect to have closing costs covered. Only applies to borrower-paid closing costs and cannot exceed actual costs paid. Minimum loan amount $95,000. Conventional first mortgages in select states only. Conditions apply. Contact Orion FCU for details. Orion is an equal housing lender.
Terms and Conditions
OFFICIAL RULES. The following rules (the "Official Rules") apply to the below-referenced Promotion.
NO PURCHASE NECESSARY. The "Orion Mortgage Promotion" (the "Promotion") begins November 27, 2021, and ends April 30, 2022, (the "Promotion Period"). The Promotion is offered only in the states of Tennessee, Mississippi, and Arkansas and is open only to legal residents of Tennessee, Arkansas or Mississippi (within one-hundred fifty (150) miles of FedExForum) who are eighteen (18) years or older.
CONTEST & PRIZES. Individuals (the "Entrants") may enter the Promotion for an opportunity to win two (2) floor seats to a Memphis Grizzlies game, Memphis Grizzlies swag bags, an autographed Memphis Grizzlies item, and an in-person appearance by Grizz, Grizzline, Claw Crew, and Emcee at the Entrant's home (the "Prize"). Entrants may enter the Promotion by completing the entry form available on www.grizzlies.com/orionhomeloan. Entry is limited to one (1) entry per person. Two (2) Entrants will be selected as the winners (the "Winners") and will receive one (1) Prize each. The Entrants must have the Official Memphis Grizzlies Mobile App downloaded and must sign up to receive Mobile Tickets.
PRIZE VALUE: The total of each Prize will not exceed the value of five-thousand dollars ($5,000). No Prize transfer. No Prize substitution or cash equivalent except at the sole discretion of Memphis Basketball, LLC, due to Prize unavailability for any reason and only then for a Prize of equal value. For the avoidance of doubt, should any game be canceled, Memphis Basketball, LLC will not provide a Prize substitution. Void where prohibited. Prize is considered taxable income, and winner will be solely responsible for all federal, state, and local taxes. Winner(s) may receive appropriate tax forms reflecting the amount they receive as a prize.
WINNER REQUIREMENTS: Every Winner, at the request of Memphis Basketball, LLC will be required to sign and return an affidavit of eligibility, liability release, and/or publicity release. Every Winner will also be required to produce a proof of age and residence to Memphis Basketball, LLC, and will further be required to complete and return all required documents within forty-eight (48) hours of the day of being notified that he/she is a Winner. Failure to return all documents in the time and manner specified may result in disqualification. Any Winner who does not comply with these Official Rules may be disqualified. Return of any prize or prize notification as "undeliverable" will result in disqualification and selection of an alternate winner.
ODDS OF WINNING: Odds of winning depend upon the total number of eligible entries overall that are received for the Promotion during such particular prize drawing day.
INDEMNIFICATION: By entering, each Entrant agrees to hold harmless and indemnify Memphis Basketball, LLC, the National Basketball Association and its Member Teams, NBA Properties, Inc. and each of their respective parents, subsidiaries, affiliates, directors, officers, governors, employees and agents against any and all liability, damages or causes of action (however named or described), with respect to or arising out of either (i) such Entrant's participation, or (ii) the receipt or use of the prizes awarded in the Promotion.
RELEASE: Each Entrant hereby releases, waives and discharges any and all claims of damages or causes of action, including but not limited to, death, personal injury or loss or damage to property, which such Entrant or any of the Entrant's representatives, heirs, next of kin or assignees may have or which may hereinafter accrue to the Entrant or Entrant's representatives as a result of the Entrant's participation in the Promotion or the receipt or use of the prizes awarded therein and which may be asserted by the Entrant, or Entrant's representatives against Memphis Basketball, LLC, the National Basketball Association and its Member Teams, NBA Properties, Inc. and their respective parents, subsidiaries, affiliates, directors, officers, governors, employees and agents.
ELIGIBILITY: All legal residents of Tennessee, Mississippi, or Arkansas (within one-hundred fifty (150) miles of FedExForum) who are eighteen (18) years or older may participate. By entering, you represent to Memphis Basketball, LLC that you are at least eighteen (18) years of age by November 18, 2021. Employees of Memphis Basketball, LLC or their affiliated companies and agencies, the National Basketball Association and its Member Teams, NBA Properties Inc., employees, agents, and their immediate families (parents, children, siblings, spouse) are not eligible to participate in the promotion. By submitting an entry form, each Entrant grants Memphis Basketball, LLC and the National Basketball Association and its Member Teams, NBA Properties, Inc., employees, agents permission to use Entrant's name, likeness, and story for advertising and promotion purposes without additional authorization, remuneration, or compensation (except where prohibited by law) and agrees, without additional compensation, to appear for any presentation or other activity which may include filming/audio/video/electronic or other recordings and/or interviews, as may be determined from time to time by Memphis Basketball, LLC. The Promotion is subject to these Official Rules.
CONDITIONS: Memphis Basketball, LLC is not responsible for issues that may arise due to the Promotion. Memphis Basketball, LLC is not responsible for any injury or damage to Entrants' or any other person's state due to participation in the Promotion. All entries become the sole property of Memphis Basketball, LLC and will not be returned. This contest is subject to all applicable federal, state, local and municipal laws and regulations. By participating, Entrants agree to be bound by these Official Rules.
RULES/WINNERS LIST: These Official Rules will be posted on the Memphis Grizzlies team web site at www.grizzlies.com/orionmortgage during the Promotion Period. The name of the Winner can be obtained from the Memphis Grizzlies Marketing Department by written request (submit to: Memphis Grizzlies, Marketing, 191 Beale Street, Memphis, TN 38103) after the contest end date of April 30, 2021. Requests received after May 31, 2021 will not be honored.
SPONSORSHIP: The Promotion sponsor is Orion Federal Credit Union ("Sponsor"), located at 400 Monroe Ave. Memphis, TN 38103.