Chevron Mortgage Rates, Fees & Info
Oakland, CALEI: 549300VVH8HHFMWL8536
Tax ID: 94-0878385
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Chevron is a smaller mortgage company specializing in Home Purchase loans. Chevron has a high proportion of conventional loans. Their top markets by origination volume include: San Francisco, Houston, Los Angeles, Midland, and New Orleans among others. We have data for 145 markets. (Some data included below & more in-depth data is available with an active subscription.)Chevron has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. Chevron is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.84% | 4/21/24 |
| 30 Year Conventional Purchase | 5.90% | 4/21/24 |
| 30 Year Conventional Refi | 6.03% | 4/21/24 |
| 30 Year Cash-out Refi | 6.31% | 4/21/24 |
| 15 Year Conventional Purchase | 5.59% | 4/21/24 |
| 15 Year Conventional Refi | 5.73% | 4/21/24 |
| 15 Year Cash-out Refi | 5.73% | 4/21/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Chevron Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Chevron. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,648Origination Dollar Volume (All Markets)
$554,560,000Awards
CHEVRON - 2019
CHEVRON is a 2019 , due to their low .
For 2019, less than of lenders were eligible for this award.
Work for CHEVRON?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 393 | $172,095,000 | $437,901 | $5,412 | 4.48% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 399 | $131,485,000 | $329,536 | $4,599 | 3.83% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 93 | $39,155,000 | $421,022 | $5,142 | 4.30% |
| MIDLAND, TX (FHA|USDA|VA) | 71 | $21,635,000 | $304,718 | $3,452 | 3.62% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 62 | $19,280,000 | $310,968 | $3,111 | 3.70% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 55 | $15,035,000 | $273,364 | $2,945 | 3.84% |
| VALLEJO, CA (FHA|USDA|VA) | 47 | $14,195,000 | $302,021 | $4,172 | 4.62% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 27 | $7,485,000 | $277,222 | $4,487 | 4.68% |
| PITTSBURGH, PA (FHA|USDA|VA) | 27 | $6,965,000 | $257,963 | $3,064 | 3.59% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 22 | $5,820,000 | $264,545 | $2,427 | 4.31% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 27 | $5,635,000 | $208,704 | $5,449 | 4.77% |
| Outside of Metro Areas | 23 | $5,555,000 | $241,522 | $5,260 | 4.07% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 13 | $5,505,000 | $423,462 | $6,992 | 4.07% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 27 | $4,805,000 | $177,963 | $3,071 | 3.92% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 12 | $4,540,000 | $378,333 | $5,536 | 4.67% |
| MOBILE, AL (FHA|USDA|VA) | 30 | $4,420,000 | $147,333 | $2,696 | 4.25% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 11 | $4,145,000 | $376,818 | $4,769 | 3.84% |
| NAPA, CA (FHA|USDA|VA) | 9 | $3,585,000 | $398,333 | $6,280 | 4.68% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 9 | $3,325,000 | $369,444 | $7,965 | 4.92% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 7 | $3,215,000 | $459,286 | $5,458 | 4.55% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 7 | $3,075,000 | $439,286 | $5,304 | 4.59% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 12 | $2,840,000 | $236,667 | $6,404 | 4.57% |
| LOUISVILLE, KY (FHA|USDA|VA) | 4 | $2,800,000 | $700,000 | $5,079 | 3.81% |
| STOCKTON, CA (FHA|USDA|VA) | 8 | $2,700,000 | $337,500 | $4,152 | 3.98% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 7 | $2,525,000 | $360,714 | $4,318 | 4.46% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 6 | $2,270,000 | $378,333 | $3,434 | 3.33% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 7 | $2,145,000 | $306,429 | $7,311 | 4.73% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 7 | $1,825,000 | $260,714 | $5,995 | 4.34% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 6 | $1,780,000 | $296,667 | $7,387 | 4.35% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 3 | $1,755,000 | $585,000 | $4,097 | 3.42% |
| ODESSA, TX (FHA|USDA|VA) | 7 | $1,705,000 | $243,571 | $3,050 | 3.98% |
| Carlsbad-Artesia, NM (FHA|USDA|VA) | 6 | $1,680,000 | $280,000 | $3,225 | 3.40% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 6 | $1,600,000 | $266,667 | $4,304 | 4.52% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 2 | $1,560,000 | $780,000 | $4,039 | 3.44% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 4 | $1,520,000 | $380,000 | $5,854 | 4.19% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 2 | $1,430,000 | $715,000 | $4,748 | 3.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 7 | $1,285,000 | $183,571 | $5,070 | 4.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 4 | $1,250,000 | $312,500 | $7,679 | 4.34% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 10 | $1,210,000 | $121,000 | $4,563 | 5.34% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 3 | $1,185,000 | $395,000 | $4,118 | 4.38% |
| LAFAYETTE, LA (FHA|USDA|VA) | 6 | $1,170,000 | $195,000 | $4,499 | 4.17% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 3 | $1,065,000 | $355,000 | $3,620 | 3.75% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 4 | $1,030,000 | $257,500 | $6,210 | 3.78% |
| SALINAS, CA (FHA|USDA|VA) | 2 | $1,020,000 | $510,000 | $4,517 | 5.13% |
| KNOXVILLE, TN (FHA|USDA|VA) | 3 | $1,005,000 | $335,000 | $5,739 | 4.04% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 4 | $950,000 | $237,500 | $2,536 | 3.84% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $1,669 | 5.03% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $910,000 | $455,000 | $5,301 | 3.00% |
| Bozeman, MT (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $6,582 | 3.69% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $875,000 | $875,000 | $8,967 | 3.25% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $4,627 | 4.34% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 4 | $790,000 | $197,500 | $4,492 | 3.69% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 4 | $770,000 | $192,500 | $5,331 | 3.59% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $5,509 | 3.50% |
| RENO, NV (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $5,208 | 5.42% |
| CARSON CITY, NV (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $2,771 | 3.92% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $4,469 | 4.00% |
| EL PASO, TX (FHA|USDA|VA) | 6 | $640,000 | $106,667 | $4,963 | 4.21% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $9,631 | 3.25% |
| CHICO, CA (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $8,642 | 3.69% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $5,711 | 4.33% |
| LONGVIEW, TX (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $1,218 | 3.50% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $4,287 | 3.75% |
| BEND, OR (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $6,591 | 2.88% |
| Roseburg, OR (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $10,924 | 5.31% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $925 | 3.75% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $4,856 | 4.25% |
| Ardmore, OK (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $8,250 | 4.25% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $4,005 | 3.13% |
| HATTIESBURG, MS (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $4,888 | 3.69% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $8,939 | 3.75% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $8,130 | 4.75% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $13,410 | 3.75% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $8,160 | 4.38% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $5,914 | 4.13% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $5,876 | 3.00% |
| KINGSTON, NY (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $5,107 | 3.25% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $5,285 | 4.25% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $7,428 | 4.50% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $5,940 | 4.38% |
| Astoria, OR (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $4,768 | 3.75% |
| Key West, FL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $7,933 | 3.88% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $7,642 | 5.19% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,736 | 4.50% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,916 | 3.25% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $5,516 | 3.75% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,438 | 2.88% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $3,754 | 5.42% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,648 | 3.25% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,708 | 3.00% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,767 | 3.63% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 6.25% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $3,836 | 3.88% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,801 | 4.25% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $1,958 | 4.75% |
| JACKSON, MS (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $3,809 | 5.21% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $1,480 | 4.25% |
| Athens, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,341 | 4.13% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 3.38% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,004 | 4.50% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $5,112 | 4.00% |
| Sonora, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,913 | 4.38% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,431 | 3.63% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,587 | 3.63% |
| Los Alamos, NM (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,715 | 3.75% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 3.25% |
| Hobbs, NM (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $1,801 | 3.38% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $1,360 | 2.88% |
| Warren, PA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,883 | 3.38% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,583 | 2.75% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,742 | 3.88% |
| LONGVIEW, WA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,635 | 3.50% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,453 | 3.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 6.25% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,070 | 3.63% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,681 | 3.63% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,912 | 4.25% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $5,900 | 3.63% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $1,509 | 5.25% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,368 | 3.63% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,603 | 4.38% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $1,497 | 6.38% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 6.25% |
| MERCED, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,240 | 3.75% |
| Granbury, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,859 | 3.75% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,412 | 3.38% |
| Marquette, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,263 | 4.50% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,194 | 3.75% |
| Heber, UT (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,053 | 5.38% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,855 | 3.63% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $2,734 | 4.63% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 7.00% |
| Starkville, MS (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,042 | 3.63% |
| FRESNO, CA (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $2,904 | 5.00% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,804 | 4.63% |
| Greenwood, MS (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,110 | 3.00% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,191 | 4.50% |
| Bay City, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,931 | 3.75% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $1,186 | 4.75% |
| Bardstown, KY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,209 | 4.25% |
| Outside of Metro Areas | 1 | $45,000 | $45,000 | $0 | 7.00% |
| HAMMOND, LA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 6.00% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 6.00% |
| TULSA, OK (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $1,347 | 4.38% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 6.25% |
Similar Lenders
We use machine learning to identify the top lenders compared against CHEVRON based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 138
Similarity Rank: 168
Similarity Rank: 174
Similarity Rank: 180
Similarity Rank: 201
Similarity Rank: 220
Similarity Rank: 256
Similarity Rank: 290
Similarity Rank: 318
Similarity Rank: 368
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 1,377 | $518,635,000 | $376,641 | $4,621 | 3.72% |
| HELOC | 271 | $35,925,000 | $132,565 | n/a | 6.36% |
For 2019, Chevron's most frequently originated type of loan was Conventional, with 1,377 originations. Their 2nd most popular type was HELOC, with 271 originations.
Loan Reason
For 2019, Chevron's most frequently cited loan purpose was Home Purchase, with 895 originations. The 2nd most popular reason was Cash Out Refi, with 238 originations.
Loan Duration/Length
For 2019, Chevron's most frequently cited loan duration was 30 Year, with 928 originations. The 2nd most popular length was 15 Year, with 385 originations.
Origination Fees/Closing Costs
Chevron's average total fees were $5,184, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 649 originations.
Interest Rates
During 2019, Chevron's average interest rate for loans was 3.70%, while their most frequently originated rate bucket for loans was 3-4%, with 868 originations.
Loan Sizing
2019 saw Chevron place emphasis on $200k-400k loans with 569 originations, totaling $167,745,000 in origination value.
Applicant Income
Chevron lent most frequently to those with incomes in the $150k-250k range, with 653 originations. The second most popular income band? $100k-150k, with 453 originations.
Applicant Debt to Income Ratio
Chevron lent most frequently to those with DTI ratios of 20-30%, with 423 originations. The next most common DTI ratio? 30-36%, with 324 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications79.76%
Chevron has a below average approval rate.
Pick Rate
Approvals leading to origination94.17%
Chevron has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,648 | $554,560,000 | $336,505 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 3 | $145,000 | $48,333 |
| Single Family (1-4 Units):Site-Built | 1,645 | $554,415,000 | $337,030 |