CHEVRON Federal Credit Union · Virginia · 2025

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

CHEVRON Federal Credit Union took 19 mortgage applications in Virginia in 2025, ranking #493 of 1,013 lenders active in the state. It originated 42.1% of them and denied 26.3% (38.5% of the applications it decided), against a statewide denial rate of 15.9%.

19Applicationsin VA
38.5%Decision denial ratestate 20.3%
6.63%Median ratestate 6.63%
$325,000Median loanstate $255,000
$4.4MVolume11 counties

CHEVRON Federal Credit Union in Virginia vs the state

26.3%Denial rate+10.38 pts vs state
38.5%Decision denial rate+18.21 pts vs state
42.1%Origination rate-17.41 pts vs state
6.63%Median rate0.00 pts vs state
-0.07Rate spread (pts)-0.29 pts vs state
$177kMedian applicant income
8Loans originated
5Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231189.1%6.75%#551
2024880.0%7.38%#582
202519826.3%6.63%#493

What CHEVRON Federal Credit Union lends in Virginia

By loan purpose

Home purchase 7 37% · 28.6% denied
Refinance 3 16% · 0.0% denied
Home improvement 1 5% · 100.0% denied
Other / HELOC 8 42% · 25.0% denied

By loan type

Conventional 19 100% · 26.3% denied

Why it denied Virginia applicants

Incomplete application 2 40%
Other 2 40%
Collateral 1 20%

Where in Virginia

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

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 521 20.0%
Virginia Beach city 302 66.7%
Loudoun County 220 0.0%
Prince William County 210 0.0%
Hanover County 110 0.0%
Henrico County 100 0.0%
Arlington County 100 0.0%
Nelson County 101 100.0%
Louisa County 110 0.0%
Chesterfield County 101 100.0%

Other large lenders in Virginia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 19,39519.3%7.75%
Rocket MortgageC 19,27414.8%6.63%
United Shore Financial ServicesB 13,99410.4%6.12%
Truist BankC 11,83831.6%6.49%
Mortgage Research CenterC 9,00016.7%6.25%
Pennymac Loan ServicesC 8,33410.7%6.38%
Freedom MortgageB 8,0296.5%6.25%
Bank of AmericaF 6,58431.9%6.24%
NewrezD 6,39016.4%6.38%
Movement MortgageA 6,1264.3%6.56%

Frequently asked questions

Virginia: 19 applications in 2025, of which 8 were originated and 5 denied.

26.3% of all applications, or 38.5% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans CHEVRON Federal Credit Union originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.

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