CHEVRON Federal Credit Union · Alabama · 2025

CHEVRON Federal Credit Union in Alabama: approval rate, denial rate and rates (2025)

CHEVRON Federal Credit Union took 43 mortgage applications in Alabama in 2025, ranking #323 of 990 lenders active in the state. It originated 58.1% of them and denied 16.3% (21.9% of the applications it decided), against a statewide denial rate of 19.9%.

43Applicationsin AL
21.9%Decision denial ratestate 25.0%
7.00%Median ratestate 6.50%
$205,000Median loanstate $165,000
$6.3MVolume7 counties

CHEVRON Federal Credit Union in Alabama vs the state

16.3%Denial rate-3.57 pts vs state
21.9%Decision denial rate-3.12 pts vs state
58.1%Origination rate+2.75 pts vs state
7.00%Median rate+0.50 pts vs state
0.59Rate spread (pts)+0.31 pts vs state
$145kMedian applicant income
25Loans originated
7Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023422423.8%8.25%#297
2024382023.7%7.43%#325
2025432516.3%7.00%#323

What CHEVRON Federal Credit Union lends in Alabama

By loan purpose

Home purchase 16 37% · 0.0% denied
Refinance 5 12% · 40.0% denied
Cash-out refinance 3 7% · 66.7% denied
Home improvement 2 5% · 0.0% denied
Other / HELOC 17 40% · 17.7% denied

By loan type

Conventional 43 100% · 16.3% denied

Why it denied Alabama applicants

Debt-to-income ratio 3 43%
Other 1 14%
Incomplete application 1 14%
Credit history 1 14%
Collateral 1 14%

Where in Alabama

Counties with the most CHEVRON Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mobile County 29144 13.8%
Baldwin County 642 33.3%
Lauderdale County 330 0.0%
Jefferson County 220 0.0%
Calhoun County 101 100.0%
Shelby County 110 0.0%
Washington County 110 0.0%

Other large lenders in Alabama

LenderGradeApplicationsDenial rateMedian rate
Regions BankC 11,87137.2%4.99%
Rocket MortgageC 9,94120.5%6.63%
Vanderbilt Mortgage and FinanceF 8,46141.4%9.50%
United Shore Financial ServicesB 7,68912.0%6.13%
21st MortgageF 6,50746.0%9.98%
Mortgage Research CenterC 5,10718.4%6.25%
REDSTONE Federal Credit UnionC 4,54818.9%8.13%
Dhi Mortgage CompanyB 3,90917.5%4.99%
Freedom MortgageB 3,7258.7%6.25%
Pennymac Loan ServicesC 3,61111.6%6.25%

Frequently asked questions

Alabama: 43 applications in 2025, of which 25 were originated and 7 denied.

16.3% of all applications, or 21.9% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans CHEVRON Federal Credit Union originated in Alabama in 2025 was 7.00%, against a statewide median of 6.50%.

About this data. Figures are CHEVRON Federal Credit Union's own HMDA filing for properties located in Alabama, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology