Orion is committed to our community. Communities deserve fair pricing on mortgages; fair pricing requires openness. Orion publishes mortgage rates daily, but many other lenders are not as transparent.
Click here to access current rate surveys.
Orion has the lowest APR for a 30-year fixed-rate conventional mortgage, according to a weekly survey of all APRs advertised openly on the websites of 2022's 25 highest mortgage producers in Shelby County, TN. The weekly survey does not consider the rates of lenders that require an application or the input of personal information protected under the Gramm-Leach-Bliley Act to view the rate. Mortgage rates change frequently, so the weekly survey results may differ from rates advertised at a different date and time but are valid as of the date and time of publication. All rates are assumed to be the "as low as" rate for well-qualified borrowers. Orion is an Equal Housing Lender.
*Payment examples for each loan and term listed. Payment examples may not be reflective of currently available rates.
A mortgage loan of $200,000 for 30 years at 6.586% APR will have a monthly payment of $1,415.83.
A mortgage loan of $200,000 for 20 years at 6.739% APR will have a monthly payment of $1686.61
A mortgage loan of $200,000 for 15 years at 6.641 % APR will have a monthly payment of $1,951.28.
A mortgage loan of $200,000 for 10 years at 6.825% APR will have a monthly payment of $2,557.74.
An FHA loan of $220,924 for 30 years at 7.414% APR will have a monthly payment of $1,580.89, including required FHA Mortgage Insurance.
A VA loan of $235,000 for 30 years at 6.726% APR will have a monthly payment of $1,504.73. VA Funding fee is added to loan amount.
Taxes and insurance not included in all examples, your actual payment obligation may be higher. All loans subject to approval; rates based on creditworthiness.