Chevron Mortgage Rates, Fees & Info

Oakland, CA

LEI: 549300VVH8HHFMWL8536

Tax ID: 94-0878385

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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, Stockton, Los Angeles, and Sacramento among others. We have data for 175 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 a below 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% 12/16/24
30 Year Conventional Purchase 5.90% 12/16/24
30 Year Conventional Refi 6.03% 12/16/24
30 Year Cash-out Refi 6.31% 12/16/24
15 Year Conventional Purchase 5.59% 12/16/24
15 Year Conventional Refi 5.73% 12/16/24
15 Year Cash-out Refi 5.73% 12/16/24
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

1,740

Origination Dollar Volume (All Markets)

$777,350,000
Show all (13) awards

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) 356 $243,950,000 $685,253 $6,528 4.66%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 419 $162,115,000 $386,909 $4,363 4.61%
STOCKTON, CA (FHA|USDA|VA) 58 $38,530,000 $664,310 $5,282 4.22%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 89 $36,295,000 $407,809 $5,616 5.06%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 44 $22,420,000 $509,545 $6,844 4.65%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 23 $21,325,000 $927,174 $5,265 4.10%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 52 $18,110,000 $348,269 $1,843 4.33%
MIDLAND, TX (FHA|USDA|VA) 47 $17,415,000 $370,532 $2,912 4.03%
BAKERSFIELD, CA (FHA|USDA|VA) 65 $15,515,000 $238,692 $3,033 4.96%
SALINAS, CA (FHA|USDA|VA) 10 $10,900,000 $1,090,000 $11,906 4.05%
VALLEJO, CA (FHA|USDA|VA) 30 $10,530,000 $351,000 $3,216 4.89%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 17 $8,075,000 $475,000 $2,789 3.93%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 30 $7,680,000 $256,000 $5,832 5.18%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 34 $6,650,000 $195,588 $2,521 4.98%
SALT LAKE CITY, UT (FHA|USDA|VA) 16 $6,040,000 $377,500 $1,604 4.17%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 9 $5,865,000 $651,667 $6,315 4.58%
Outside of Metro Areas 23 $5,485,000 $238,478 $5,073 4.42%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 14 $5,480,000 $391,429 $4,933 4.62%
FRESNO, CA (FHA|USDA|VA) 8 $5,470,000 $683,750 $7,984 4.31%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 14 $4,850,000 $346,429 $4,511 3.99%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 12 $4,750,000 $395,833 $5,339 5.26%
GREELEY, CO (FHA|USDA|VA) 11 $4,055,000 $368,636 $1,255 4.41%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 9 $3,745,000 $416,111 $7,645 4.46%
Carlsbad-Artesia, NM (FHA|USDA|VA) 12 $3,490,000 $290,833 $2,010 4.50%
Heber, UT (FHA|USDA|VA) 4 $3,480,000 $870,000 $5,131 5.06%
NAPA, CA (FHA|USDA|VA) 7 $3,395,000 $485,000 $10,973 4.88%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 7 $3,285,000 $469,286 $8,550 4.41%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 7 $3,005,000 $429,286 $6,488 4.00%
MOBILE, AL (FHA|USDA|VA) 14 $2,990,000 $213,571 $2,204 4.59%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $2,975,000 $595,000 $6,562 4.28%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 10 $2,600,000 $260,000 $5,677 3.79%
SANTA FE, NM (FHA|USDA|VA) 3 $2,575,000 $858,333 $7,767 3.58%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 9 $2,555,000 $283,889 $4,847 5.47%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 3 $2,545,000 $848,333 $2,112 3.96%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 16 $2,370,000 $148,125 $2,681 4.98%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 4 $2,330,000 $582,500 $6,181 3.94%
Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $2,285,000 $761,667 $9,030 5.04%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 6 $2,170,000 $361,667 $4,469 5.31%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $2,160,000 $540,000 $11,667 4.66%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 12 $2,080,000 $173,333 $5,299 4.47%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 8 $2,050,000 $256,250 $4,557 4.39%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $1,835,000 $367,000 $4,648 4.65%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 4 $1,620,000 $405,000 $7,282 4.41%
ODESSA, TX (FHA|USDA|VA) 6 $1,600,000 $266,667 $2,486 5.13%
Cullman, AL (FHA|USDA|VA) 1 $1,505,000 $1,505,000 $14,259 4.50%
MEDFORD, OR (FHA|USDA|VA) 2 $1,490,000 $745,000 $7,826 3.56%
LONGVIEW, TX (FHA|USDA|VA) 4 $1,360,000 $340,000 $1,878 4.81%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 5 $1,325,000 $265,000 $3,927 4.23%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $1,325,000 $441,667 $2,450 5.13%
RENO, NV (FHA|USDA|VA) 3 $1,315,000 $438,333 $5,905 5.50%
BATON ROUGE, LA (FHA|USDA|VA) 4 $1,310,000 $327,500 $2,658 4.75%
CHICO, CA (FHA|USDA|VA) 2 $1,230,000 $615,000 $5,346 5.81%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $1,220,000 $610,000 $2,741 5.13%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $1,135,000 $378,333 $3,988 4.42%
FORT COLLINS, CO (FHA|USDA|VA) 3 $1,125,000 $375,000 $473 2.83%
PROVO-OREM, UT (FHA|USDA|VA) 3 $1,105,000 $368,333 $3,698 4.79%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $1,090,000 $545,000 $4,975 3.56%
BEND, OR (FHA|USDA|VA) 2 $1,020,000 $510,000 $5,034 3.81%
ALBUQUERQUE, NM (FHA|USDA|VA) 3 $1,005,000 $335,000 $3,885 4.58%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $945,000 $315,000 $9,150 3.67%
BOULDER, CO (FHA|USDA|VA) 3 $895,000 $298,333 $2,748 5.21%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $890,000 $445,000 $3,697 4.75%
Brenham, TX (FHA|USDA|VA) 1 $835,000 $835,000 $10,363 3.50%
Taos, NM (FHA|USDA|VA) 2 $830,000 $415,000 $1,088 3.19%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $815,000 $815,000 $10,352 4.00%
Gardnerville Ranchos, NV (FHA|USDA|VA) 2 $810,000 $405,000 $2,269 4.44%
URBAN HONOLULU, HI (FHA|USDA|VA) 1 $805,000 $805,000 $7,516 2.50%
LaGrange, GA-AL (FHA|USDA|VA) 1 $775,000 $775,000 $9,107 4.88%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $770,000 $385,000 $5,862 5.81%
Oxford, MS (FHA|USDA|VA) 3 $765,000 $255,000 $5,167 4.13%
BOISE CITY, ID (FHA|USDA|VA) 5 $765,000 $153,000 $2,494 5.33%
COLUMBUS, OH (FHA|USDA|VA) 2 $730,000 $365,000 $4,141 5.94%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $725,000 $725,000 $6,831 4.50%
Hilo, HI (FHA|USDA|VA) 2 $720,000 $360,000 $7,806 4.69%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $720,000 $360,000 $2,615 6.06%
MADERA, CA (FHA|USDA|VA) 1 $695,000 $695,000 $6,337 4.75%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $680,000 $340,000 $7,273 5.69%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $655,000 $655,000 $495 3.88%
Kalispell, MT (FHA|USDA|VA) 1 $655,000 $655,000 $4,347 4.63%
TUCSON, AZ (FHA|USDA|VA) 2 $650,000 $325,000 $6,582 4.81%
OKLAHOMA CITY, OK (FHA|USDA|VA) 3 $625,000 $208,333 $2,743 4.21%
EL PASO, TX (FHA|USDA|VA) 6 $600,000 $100,000 $2,947 5.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $585,000 $585,000 $5,739 3.63%
THE VILLAGES, FL (FHA|USDA|VA) 1 $555,000 $555,000 $5,194 4.50%
Show Low, AZ (FHA|USDA|VA) 1 $535,000 $535,000 $7,786 5.25%
ANCHORAGE, AK (FHA|USDA|VA) 3 $525,000 $175,000 $2,631 4.88%
MISSOULA, MT (FHA|USDA|VA) 1 $485,000 $485,000 $4,255 4.38%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $455,000 $455,000 $7,240 5.25%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $440,000 $220,000 $5,212 5.06%
Shelton, WA (FHA|USDA|VA) 1 $435,000 $435,000 $6,127 5.25%
KNOXVILLE, TN (FHA|USDA|VA) 1 $435,000 $435,000 $3,824 5.25%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $435,000 $435,000 $4,713 5.38%
Fallon, NV (FHA|USDA|VA) 1 $425,000 $425,000 $9,506 5.38%
Bozeman, MT (FHA|USDA|VA) 1 $415,000 $415,000 $3,546 4.50%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $410,000 $205,000 $2,998 4.25%
Pullman, WA (FHA|USDA|VA) 1 $395,000 $395,000 $2,292 4.50%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $395,000 $395,000 $4,737 5.25%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $385,000 $385,000 $11,181 4.38%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $375,000 $375,000 $2,736 5.25%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 3 $375,000 $125,000 $2,510 4.92%
LAFAYETTE, LA (FHA|USDA|VA) 2 $370,000 $185,000 $3,321 3.75%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $365,000 $365,000 $2,890 5.13%
LYNCHBURG, VA (FHA|USDA|VA) 1 $365,000 $365,000 $4,771 3.38%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $360,000 $180,000 $2,382 6.69%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $355,000 $355,000 $0 4.00%
Rockport, TX (FHA|USDA|VA) 1 $345,000 $345,000 $1,474 2.63%
Cullowhee, NC (FHA|USDA|VA) 1 $345,000 $345,000 $4,959 5.13%
Hobbs, NM (FHA|USDA|VA) 1 $335,000 $335,000 $0 2.63%
PANAMA CITY, FL (FHA|USDA|VA) 2 $320,000 $160,000 $3,505 4.50%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $315,000 $315,000 $3,399 6.13%
HAMMOND, LA (FHA|USDA|VA) 2 $310,000 $155,000 $2,992 4.56%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $310,000 $155,000 $0 6.13%
CASPER, WY (FHA|USDA|VA) 1 $305,000 $305,000 $6,220 3.50%
Bogalusa, LA (FHA|USDA|VA) 1 $305,000 $305,000 $10,395 7.38%
Picayune, MS (FHA|USDA|VA) 1 $305,000 $305,000 $2,731 3.25%
REDDING, CA (FHA|USDA|VA) 2 $300,000 $150,000 $3,636 5.19%
Roseburg, OR (FHA|USDA|VA) 1 $295,000 $295,000 $4,416 5.25%
St. Marys, GA (FHA|USDA|VA) 1 $285,000 $285,000 $4,546 4.88%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $285,000 $285,000 $12,139 4.00%
Evanston, WY (FHA|USDA|VA) 1 $285,000 $285,000 $5,267 5.13%
Steamboat Springs, CO (FHA|USDA|VA) 1 $275,000 $275,000 $2,601 2.75%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $270,000 $135,000 $3,470 5.75%
Pahrump, NV (FHA|USDA|VA) 1 $255,000 $255,000 $3,193 3.13%
Laurel, MS (FHA|USDA|VA) 1 $255,000 $255,000 $3,315 3.75%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $255,000 $255,000 $0 6.50%
Ruidoso, NM (FHA|USDA|VA) 2 $250,000 $125,000 $2,504 4.13%
LOGAN, UT-ID (FHA|USDA|VA) 1 $235,000 $235,000 $3,483 4.63%
Starkville, MS (FHA|USDA|VA) 1 $235,000 $235,000 $3,461 2.63%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $235,000 $235,000 $8,129 4.13%
Clearlake, CA (FHA|USDA|VA) 2 $230,000 $115,000 $2,687 5.25%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $225,000 $225,000 $3,420 4.63%
Fort Polk South, LA (FHA|USDA|VA) 1 $225,000 $225,000 $4,725 3.50%
Natchez, MS-LA (FHA|USDA|VA) 1 $225,000 $225,000 $2,315 4.50%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $215,000 $215,000 $3,867 5.88%
ST. GEORGE, UT (FHA|USDA|VA) 1 $205,000 $205,000 $0 4.00%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $205,000 $205,000 $3,226 3.63%
ROANOKE, VA (FHA|USDA|VA) 1 $195,000 $195,000 $2,817 5.50%
Carroll, IA (FHA|USDA|VA) 1 $195,000 $195,000 $5,331 3.88%
LUBBOCK, TX (FHA|USDA|VA) 1 $195,000 $195,000 $5,655 5.13%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $190,000 $95,000 $0 4.00%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $185,000 $185,000 $1,472 3.50%
JACKSON, MS (FHA|USDA|VA) 1 $175,000 $175,000 $6,989 4.63%
Red Bluff, CA (FHA|USDA|VA) 1 $175,000 $175,000 $4,277 5.88%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $165,000 $165,000 $2,825 2.88%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $165,000 $165,000 $3,652 4.00%
McComb, MS (FHA|USDA|VA) 1 $155,000 $155,000 $2,512 2.50%
Kerrville, TX (FHA|USDA|VA) 1 $155,000 $155,000 $2,753 2.25%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.50%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,646 4.75%
Corsicana, TX (FHA|USDA|VA) 1 $135,000 $135,000 $5,025 5.38%
Easton, MD (FHA|USDA|VA) 1 $125,000 $125,000 $2,185 3.38%
Huntsville, TX (FHA|USDA|VA) 1 $125,000 $125,000 $3,700 3.00%
FARMINGTON, NM (FHA|USDA|VA) 1 $125,000 $125,000 $1,974 3.50%
Sonora, CA (FHA|USDA|VA) 1 $115,000 $115,000 $4,484 3.00%
Los Alamos, NM (FHA|USDA|VA) 1 $115,000 $115,000 $2,702 2.25%
Fernley, NV (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.25%
Danville, VA (FHA|USDA|VA) 1 $105,000 $105,000 $2,170 6.25%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $105,000 $105,000 $1,498 4.00%
ANN ARBOR, MI (FHA|USDA|VA) 1 $105,000 $105,000 $1,565 4.00%
Vernal, UT (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.75%
Greenwood, MS (FHA|USDA|VA) 1 $95,000 $95,000 $4,330 3.13%
MODESTO, CA (FHA|USDA|VA) 1 $95,000 $95,000 $1,166 8.63%
PITTSBURGH, PA (FHA|USDA|VA) 2 $90,000 $45,000 $1,836 5.88%
MERCED, CA (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.00%
Holland, MI (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.00%
GAINESVILLE, FL (FHA|USDA|VA) 1 $75,000 $75,000 $0 6.50%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $75,000 $75,000 $0 6.50%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $75,000 $75,000 $1,033 4.00%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $65,000 $65,000 $1,184 6.38%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.00%
Pottsville, PA (FHA|USDA|VA) 1 $55,000 $55,000 $1,421 6.00%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $35,000 $35,000 $0 4.25%
LOUISVILLE, KY (FHA|USDA|VA) 1 $35,000 $35,000 $0 6.50%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.00%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $25,000 $25,000 $0 7.75%
Chevron's top markets include San Francisco, Houston, Stockton, Los Angeles, and Sacramento among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Louisiana (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Utah (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,345 $713,345,000 $530,368 $4,768 4.33%
    HELOC 395 $64,005,000 $162,038 n/a 5.60%

    For 2022, Chevron's most frequently originated type of loan was Conventional, with 1,345 originations. Their 2nd most popular type was HELOC, with 395 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 980 $601,670,000 $613,949 $5,245 4.35%
    Home Improvement 358 $55,510,000 $155,056 $1,857 5.56%
    Other 203 $36,795,000 $181,256 $2,876 5.46%
    Cash Out Refi 118 $50,210,000 $425,508 $5,351 3.67%
    Refi 81 $33,165,000 $409,444 $4,086 3.11%

    For 2022, Chevron's most frequently cited loan purpose was Home Purchase, with 980 originations. The 2nd most popular reason was Home Improvement, with 358 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 980 $637,410,000 $650,418 $5,360 4.30%
    Other 395 $64,005,000 $162,038 $0 5.60%
    15 Year 329 $64,005,000 $194,544 $3,058 4.51%
    20 Year 23 $9,275,000 $403,261 $4,871 3.90%
    10 Year 13 $2,655,000 $204,231 $3,187 3.38%

    For 2022, Chevron's most frequently cited loan duration was 30 Year, with 980 originations. The 2nd most popular length was Other, with 395 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 940 $471,670,000 $501,777
    $5k+ 114 $96,670,000 $847,982
    $1k-2k 98 $31,020,000 $316,531
    $2k-3k 98 $52,370,000 $534,388
    $3k-4k 54 $35,910,000 $665,000
    $4k-5k 39 $25,145,000 $644,744

    Chevron's average total fees were $5,360, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 940 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 503 $259,575,000 $516,054
    4-5% 472 $277,290,000 $587,479
    5-6% 260 $95,290,000 $366,500
    6-7% 158 $31,700,000 $200,633
    2.5-3% 139 $64,975,000 $467,446
    7-8% 95 $15,615,000 $164,368
    <2.5% 85 $30,755,000 $361,824
    Over 8% 28 $2,150,000 $76,786

    During 2022, Chevron's average interest rate for loans was 4.30%, while their most frequently originated rate bucket for loans was 3-4%, with 503 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 461 $136,605,000 $296,323 $3,630 4.59%
    $600k-1MM 342 $260,390,000 $761,374 $6,471 4.14%
    $100k-200k 310 $43,690,000 $140,935 $2,889 4.89%
    $100,000 or less 239 $14,065,000 $58,849 $1,558 5.75%
    $400k-600k 232 $111,050,000 $478,664 $4,283 4.28%
    $1MM+ 156 $211,550,000 $1,356,090 $8,467 4.00%

    2022 saw Chevron place emphasis on $200k-400k loans with 461 originations, totaling $136,605,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 713 $320,835,000 $449,979 $4,624 4.56%
    $250k+ 442 $321,030,000 $726,312 $6,269 4.47%
    $100k-150k 369 $99,285,000 $269,065 $3,655 4.82%
    $75k-100k 106 $19,270,000 $181,792 $3,578 4.70%
    $50k-75k 79 $13,315,000 $168,544 $3,768 4.81%
    $50k or less 31 $3,615,000 $116,613 $2,753 5.06%

    Chevron lent most frequently to those with incomes in the $150k-250k range, with 713 originations. The second most popular income band? $250k+, with 442 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 371 $140,355,000 $378,315 $4,349 4.57%
    30-36% 330 $142,490,000 $431,788 $5,017 4.56%
    <20% 119 $33,725,000 $283,403 $3,473 4.31%
    44% 81 $34,105,000 $421,049 $4,229 4.83%
    39% 74 $37,510,000 $506,892 $5,434 4.47%
    42% 73 $36,505,000 $500,068 $4,877 4.69%
    43% 70 $37,750,000 $539,286 $6,217 5.21%
    40% 68 $40,410,000 $594,265 $5,356 4.82%
    41% 64 $33,210,000 $518,906 $4,554 5.01%
    49% 64 $32,040,000 $500,625 $5,415 4.62%
    37% 62 $24,940,000 $402,258 $4,711 4.77%
    45% 61 $32,945,000 $540,082 $5,656 4.83%
    46% 59 $30,085,000 $509,915 $5,108 4.50%
    38% 58 $27,560,000 $475,172 $4,377 4.49%
    47% 57 $27,805,000 $487,807 $4,592 4.56%
    36% 57 $26,065,000 $457,281 $4,278 4.68%
    48% 56 $31,520,000 $562,857 $4,927 4.58%
    50-60% 13 $5,345,000 $411,154 $3,296 3.48%
    >60% 3 $2,985,000 $995,000 $6,712 3.54%

    Chevron lent most frequently to those with DTI ratios of 20-30%, with 371 originations. The next most common DTI ratio? 30-36%, with 330 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,000 $403,190,000 $403,190 $4,475 4.62%
    Not provided 343 $159,035,000 $463,659 $5,036 4.68%
    Asian 153 $108,145,000 $706,830 $6,062 4.27%
    Black 118 $41,080,000 $348,136 $4,719 5.07%
    Asian Indian 43 $30,705,000 $714,070 $5,118 4.06%
    Chinese 20 $11,100,000 $555,000 $5,816 4.04%
    Filipino 25 $10,385,000 $415,400 $4,301 5.32%
    American Indian 19 $5,285,000 $278,158 $2,721 5.61%
    Vietnamese 5 $3,065,000 $613,000 $4,767 3.85%
    Korean 6 $2,540,000 $423,333 $4,879 3.15%
    Other Asian 5 $2,385,000 $477,000 $4,479 4.40%
    Other Pacific Islander 2 $390,000 $195,000 $4,905 4.44%
    Native Hawaiian or Islander 1 $45,000 $45,000 $1,132 4.00%

    Approval Rates

    Total approvals of all applications
    82.82%

    Chevron has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    77.07%

    Chevron has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,740 $777,350,000 $446,753

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,740 $777,350,000 $446,753

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 229 $56,845,000 $248,231 $3,409 4.73%
    40-60% 181 $76,015,000 $419,972 $4,134 4.11%
    60-80% 486 $284,380,000 $585,144 $5,249 4.21%
    80-100% 478 $318,050,000 $665,377 $5,673 4.31%
    Under 20% 365 $41,685,000 $114,205 $1,445 5.76%