ORSA credit union mortgage approval rate & lending review
ORSA credit union decided 2,339 mortgage applications and funded 1,693 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions ORSA credit union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
ORSA credit union at a glance
Approval is 15.1 points above the 70.7% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 95% | 433 / 454 | 76% | $195K | 329 |
| Home improvement loans | 86% | 792 / 923 | 91% | $65K | 720 |
| Cash-out refinance | 81% | 501 / 616 | 90% | $115K | 451 |
| Refinance | 85% | 192 / 225 | 69% | $105K | 132 |
| Investment property purchase | 83% | 35 / 42 | 63% | $95K | 22 |
| Investment cash-out refinance | 69% | 20 / 29 | 80% | $105K | 16 |
| Investment home improvement | 67% | 28 / 42 | 71% | $75K | 20 |
ORSA credit union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 86% | $105K | 2,330 | 1,690 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where ORSA credit union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Wayne County, MI | Home improvement loans | 86% | 519 | 406 |
| Wayne County, MI | Cash-out refinance | 83% | 349 | 261 |
| Wayne County, MI | Mortgage lenders | 95% | 241 | 177 |
| Oakland County, MI | Home improvement loans | 84% | 221 | 168 |
| Oakland County, MI | Cash-out refinance | 77% | 158 | 104 |
| Oakland County, MI | Mortgage lenders | 97% | 112 | 79 |
| Wayne County, MI | Refinance | 85% | 121 | 73 |
| Livingston County, MI | Home improvement loans | 91% | 70 | 61 |
| Washtenaw County, MI | Home improvement loans | 91% | 53 | 41 |
| Livingston County, MI | Cash-out refinance | 88% | 40 | 33 |
| Oakland County, MI | Refinance | 88% | 52 | 31 |
| Washtenaw County, MI | Cash-out refinance | 83% | 36 | 28 |
The county markets where ORSA credit union made the most loans. Each link opens that market with every lender ranked.
Questions about ORSA credit union
What is ORSA credit union's mortgage approval rate?
ORSA credit union approved 85.8% of the 2,339 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 15.1 points above the 70.7% national rate for the same mix of loan types.
How often do borrowers take the loan ORSA credit union offers?
Borrowers accepted 84% of the loans ORSA credit union approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does ORSA credit union make?
The typical home improvement loan loan ORSA credit union made was $65K; across all loan types its typical loan ran from $65K to $195K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does ORSA credit union lend?
ORSA credit union decided applications in 5 of the states Fat Boy Data covers, most of them in Michigan, Florida and Louisiana.
Can I apply to ORSA credit union directly?
Yes. ORSA credit union reports as a direct lender that takes applications from borrowers.
Does this page show ORSA credit union's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how ORSA credit union treats applications, then get a rate quote from the lender.