CHEVRON Federal Credit Union · New Jersey · 2025

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

CHEVRON Federal Credit Union took 9 mortgage applications in New Jersey in 2025, ranking #544 of 883 lenders active in the state. It originated 44.4% of them and denied 33.3% (42.9% of the applications it decided), against a statewide denial rate of 17.7%.

9Applicationsin NJ
42.9%Decision denial ratestate 23.1%
8.12%Median ratestate 6.75%
$205,000Median loanstate $295,000
$760kVolume7 counties

CHEVRON Federal Credit Union in New Jersey vs the state

33.3%Denial rate+15.64 pts vs state
42.9%Decision denial rate+19.81 pts vs state
44.4%Origination rate-11.24 pts vs state
8.12%Median rate+1.37 pts vs state
1.51Rate spread (pts)+1.23 pts vs state
$188kMedian applicant income
4Loans originated
3Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237528.6%8.25%#565
20246216.7%8.50%#576
20259433.3%8.12%#544

What CHEVRON Federal Credit Union lends in New Jersey

By loan purpose

Cash-out refinance 1 11% · 0.0% denied
Home improvement 1 11% · 0.0% denied
Other / HELOC 7 78% · 42.9% denied

By loan type

Conventional 9 100% · 33.3% denied

Why it denied New Jersey applicants

Debt-to-income ratio 2 67%
Incomplete application 1 33%

Where in New Jersey

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

CountyApplicationsOriginatedDeniedDenial rate
Bergen County 311 33.3%
Burlington County 101 100.0%
Ocean County 101 100.0%
Somerset County 110 0.0%
Hudson County 110 0.0%
Morris County 100 0.0%
Middlesex County 110 0.0%

Other large lenders in New Jersey

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 16,33916.1%6.75%
TD BankD 12,53226.2%7.49%
Bank of AmericaF 12,14230.6%6.00%
Citizens BankC 12,11328.9%7.40%
Crosscountry MortgageB 12,0425.3%6.75%
PNC BankD 10,81527.8%7.75%
United Shore Financial ServicesB 10,55215.3%6.38%
Guaranteed RateB 8,6435.5%6.58%
NewrezD 6,53522.5%6.99%
Loandepot.ComD 6,49115.3%6.63%

Frequently asked questions

New Jersey: 9 applications in 2025, of which 4 were originated and 3 denied.

33.3% of all applications, or 42.9% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans CHEVRON Federal Credit Union originated in New Jersey in 2025 was 8.12%, against a statewide median of 6.75%.

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