Chevron Federal Credit Union Mortgage Lending & HMDA Data, 2009

In 2009, Chevron Federal Credit Union of Concord, CA reported 1,702 mortgage applications totaling $420.0 million, up 81% from 2008. The average application was for $246,752, and applicants reported an average income of $134,601. 59% of its applications resulted in an originated loan and 41% were denied. Its largest markets were Oakland-Fremont-Hayward, CA (542), Houston-Sugar Land-Baytown, TX (296) and Los Angeles-Long Beach-Glendale, CA (94) (applications in parentheses).

Mortgage Company & Address Chevron Federal Credit Union
2300 Clayton Road Suite 700
Concord, CA 94520
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 1,702
Total Mortgage Loan Application Amount $419,973,000
Average Mortgage Loan Application Amount $246,752
Highest Mortgage Loan Application Amount $1,485,000
Average Applicant Income $134,601
Highest Applicant Income $1,721,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Chevron Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Chevron Federal Credit Union by County in 2009

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Contra Costa, California 421 $ 118,962,000 $ 282,570 $ 137,000
Harris, Texas 171 $ 29,383,000 $ 171,830 $ 134,000
Alameda, California 121 $ 39,779,000 $ 328,752 $ 149,000
Los Angeles, California 94 $ 33,138,000 $ 352,531 $ 141,000
Solano, California 70 $ 14,398,000 $ 205,685 $ 114,000
Fort Bend, Texas 69 $ 16,156,000 $ 234,144 $ 175,000
Jackson, Mississippi 53 $ 7,991,000 $ 150,773 $ 103,000
Mobile, Alabama 43 $ 5,711,000 $ 132,813 $ 97,000
Orange, California 40 $ 12,012,000 $ 300,300 $ 145,000
Montgomery, Texas 31 $ 6,348,000 $ 204,774 $ 148,000
Kern, California 26 $ 5,429,000 $ 208,807 $ 121,000
San Francisco, California 26 $ 9,762,000 $ 375,461 $ 144,000
Marin, California 22 $ 7,808,000 $ 354,909 $ 169,000
San Mateo, California 21 $ 8,548,000 $ 407,047 $ 166,000
El Paso, Texas 21 $ 2,531,000 $ 120,523 $ 77,000
Riverside, California 18 $ 4,158,000 $ 231,000 $ 105,000
Santa Clara, California 17 $ 6,029,000 $ 354,647 $ 149,000
Sonoma, California 15 $ 3,480,000 $ 232,000 $ 128,000
St. Tammany, Louisiana 13 $ 2,380,000 $ 183,076 $ 118,000
Brazoria, Texas 13 $ 2,506,000 $ 192,769 $ 179,000
George, Mississippi 12 $ 1,480,000 $ 123,333 $ 79,000
Maricopa, Arizona 11 $ 2,739,000 $ 249,000 $ 123,000
Calaveras, California 11 $ 2,140,000 $ 194,545 $ 108,000
Nevada, California 11 $ 3,170,000 $ 288,181 $ 193,000
Jefferson, Louisiana 11 $ 1,630,000 $ 148,181 $ 94,000
Napa, California 9 $ 2,637,000 $ 293,000 $ 141,000
Placer, California 9 $ 2,415,000 $ 268,333 $ 179,000
Sacramento, California 9 $ 2,077,000 $ 230,777 $ 130,000
San Bernardino, California 8 $ 1,428,000 $ 178,500 $ 129,000
Galveston, Texas 8 $ 1,500,000 $ 187,500 $ 131,000
Stanislaus, California 7 $ 1,131,000 $ 161,571 $ 108,000
Clark, Nevada 7 $ 1,280,000 $ 182,857 $ 143,000
Washoe, Nevada 7 $ 1,599,000 $ 228,428 $ 99,000
Travis, Texas 7 $ 1,413,000 $ 201,857 $ 180,000
El Dorado, California 6 $ 2,209,000 $ 368,166 $ 194,000
San Diego, California 5 $ 1,097,000 $ 219,400 $ 92,000
San Luis Obispo, California 5 $ 1,672,000 $ 334,400 $ 147,000
Miami-Dade, Florida 5 $ 968,000 $ 193,600 $ 108,000
Orleans, Louisiana 5 $ 1,122,000 $ 224,400 $ 129,000
Pima, Arizona 4 $ 662,000 $ 165,500 $ 95,000
Butte, California 4 $ 539,000 $ 134,750 $ 69,000
Ventura, California 4 $ 1,134,000 $ 283,500 $ 116,000
Larimer, Colorado 4 $ 688,000 $ 172,000 $ 337,000
Broward, Florida 4 $ 666,000 $ 166,500 $ 109,000
Orange, Florida 4 $ 402,000 $ 100,500 $ 96,000
Palm Beach, Florida 4 $ 736,000 $ 184,000 $ 88,000
Honolulu, Hawaii 4 $ 853,000 $ 213,250 $ 102,000
Bernalillo, New Mexico 4 $ 530,000 $ 132,500 $ 146,000
Dona Ana, New Mexico 4 $ 953,000 $ 238,250 $ 105,000
Bexar, Texas 4 $ 696,000 $ 174,000 $ 126,000
Dallas, Texas 4 $ 922,000 $ 230,500 $ 214,000
King, Washington 4 $ 1,287,000 $ 321,750 $ 109,000
Baldwin, Alabama 3 $ 682,000 $ 227,333 $ 172,000
Tuscaloosa, Alabama 3 $ 400,000 $ 133,333 $ 181,000
Lake, California 3 $ 705,000 $ 235,000 $ 182,000
Monterey, California 3 $ 981,000 $ 327,000 $ 101,000
San Joaquin, California 3 $ 301,000 $ 100,333 $ 77,000
Arapahoe, Colorado 3 $ 334,000 $ 111,333 $ 76,000
Douglas, Colorado 3 $ 566,000 $ 188,666 $ 115,000
Ada, Idaho 3 $ 226,000 $ 75,333 $ 91,000
Deschutes, Oregon 3 $ 854,000 $ 284,666 $ 232,000
Multnomah, Oregon 3 $ 448,000 $ 149,333 $ 73,000
Coconino, Arizona 2 $ 441,000 $ 220,500 $ 229,000
Tuolumne, California 2 $ 413,000 $ 206,500 $ 167,000
Yolo, California 2 $ 409,000 $ 204,500 $ 100,000
Summit, Colorado 2 $ 1,900,000 $ 950,000 $ 262,000
District of Columbia, District Of Columbia 2 $ 677,000 $ 338,500 $ 76,000
Indian River, Florida 2 $ 538,000 $ 269,000 $ 101,000
Pinellas, Florida 2 $ 517,000 $ 258,500 $ 255,000
St. Johns, Florida 2 $ 268,000 $ 134,000 $ 23,000
Cobb, Georgia 2 $ 144,000 $ 72,000 $ 90,000
Maui, Hawaii 2 $ 810,000 $ 405,000 $ 78,000
Cook, Illinois 2 $ 304,000 $ 152,000 $ 113,000
Story, Iowa 2 $ 224,000 $ 112,000 $ 101,000
Iberville, Louisiana 2 $ 299,000 $ 149,500 $ 68,000
Lafayette, Louisiana 2 $ 413,000 $ 206,500 $ 87,000
Lafourche, Louisiana 2 $ 289,000 $ 144,500 $ 75,000
St. Charles, Louisiana 2 $ 219,000 $ 109,500 $ 115,000
St. Martin, Louisiana 2 $ 294,000 $ 147,000 $ 160,000
Tangipahoa, Louisiana 2 $ 144,000 $ 72,000 $ 77,000
Terrebonne, Louisiana 2 $ 261,000 $ 130,500 $ 82,000
Washington, Louisiana 2 $ 232,000 $ 116,000 $ 94,000
Greene, Mississippi 2 $ 196,000 $ 98,000 $ 97,000
Douglas, Nevada 2 $ 376,000 $ 188,000 $ 125,000
Benton, Oregon 2 $ 318,000 $ 159,000 $ 83,000
Marion, Oregon 2 $ 289,000 $ 144,500 $ 127,000
Brown, Texas 2 $ 102,000 $ 51,000 $ 42,000
Coke, Texas 2 $ 248,000 $ 124,000 $ 94,000
Collin, Texas 2 $ 344,000 $ 172,000 $ 101,000
Midland, Texas 2 $ 204,000 $ 102,000 $ 116,000
Polk, Texas 2 $ 890,000 $ 445,000 $ 316,000
Waller, Texas 2 $ 760,000 $ 380,000 $ 259,000
Davis, Utah 2 $ 315,000 $ 157,500 $ 79,000
Utah, Utah 2 $ 363,000 $ 181,500 $ 208,000
Clark, Washington 2 $ 417,000 $ 208,500 $ 76,000
Mason, Washington 2 $ 90,000 $ 45,000 $ 28,000
Thurston, Washington 2 $ 414,000 $ 207,000 $ 145,000
Dodge, Wisconsin 2 $ 185,000 $ 92,500 $ 94,000
Shelby, Alabama 1 $ 182,000 $ 182,000 $ 32,000
Anchorage, Alaska 1 $ 300,000 $ 300,000 $ 111,000
Gila, Arizona 1 $ 315,000 $ 315,000 $ 89,000
Yuma, Arizona 1 $ 330,000 $ 330,000 $ 201,000
Amador, California 1 $ 300,000 $ 300,000 $ 130,000
Lassen, California 1 $ 220,000 $ 220,000 $ 40,000
Madera, California 1 $ 350,000 $ 350,000 $ 349,000
Santa Cruz, California 1 $ 293,000 $ 293,000 $ 498,000
Shasta, California 1 $ 334,000 $ 334,000 $ 144,000
Sierra, California 1 $ 417,000 $ 417,000 $ 16,000
Tulare, California 1 $ 175,000 $ 175,000 $ 82,000
Boulder, Colorado 1 $ 180,000 $ 180,000 $ 129,000
Custer, Colorado 1 $ 243,000 $ 243,000 $ 60,000
Jefferson, Colorado 1 $ 270,000 $ 270,000 $ 87,000
Mesa, Colorado 1 $ 255,000 $ 255,000 $ 112,000
Pitkin, Colorado 1 $ 626,000 $ 626,000 $ 171,000
Saguache, Colorado 1 $ 242,000 $ 242,000 $ 82,000
Charlotte, Florida 1 $ 360,000 $ 360,000 $ 238,000
Lake, Florida 1 $ 55,000 $ 55,000 $ 52,000
Martin, Florida 1 $ 224,000 $ 224,000 $ 47,000
Okaloosa, Florida 1 $ 280,000 $ 280,000 $ 138,000
Chatham, Georgia 1 $ 38,000 $ 38,000 $ 93,000
Forsyth, Georgia 1 $ 298,000 $ 298,000 $ 80,000
Hawaii, Hawaii 1 $ 88,000 $ 88,000 $ 68,000
Canyon, Idaho 1 $ 99,000 $ 99,000 $ 102,000
DuPage, Illinois 1 $ 307,000 $ 307,000 $ 102,000
Marion, Indiana 1 $ 128,000 $ 128,000 $ 35,000
Boone, Kentucky 1 $ 122,000 $ 122,000 $ 125,000
Oldham, Kentucky 1 $ 165,000 $ 165,000 $ 167,000
Ascension, Louisiana 1 $ 298,000 $ 298,000 $ 150,000
Rapides, Louisiana 1 $ 97,000 $ 97,000 $ 97,000
Lincoln, Maine 1 $ 403,000 $ 403,000 $ 120,000
Baltimore, Maryland 1 $ 110,000 $ 110,000 $ 120,000
Charles, Maryland 1 $ 266,000 $ 266,000 $ 87,000
Franklin, Massachusetts 1 $ 144,000 $ 144,000 $ 119,000
Middlesex, Massachusetts 1 $ 339,000 $ 339,000 $ 118,000
Suffolk, Massachusetts 1 $ 303,000 $ 303,000 $ 120,000
Marquette, Michigan 1 $ 85,000 $ 85,000 $ 89,000
Wayne, Michigan 1 $ 59,000 $ 59,000 $ 64,000
Cass, Minnesota 1 $ 400,000 $ 400,000 $ 158,000
Hennepin, Minnesota 1 $ 416,000 $ 416,000 $ 407,000
DeSoto, Mississippi 1 $ 204,000 $ 204,000 $ 118,000
Harrison, Mississippi 1 $ 187,000 $ 187,000 $ 72,000
Carbon, Montana 1 $ 64,000 $ 64,000 $ 27,000
Jefferson, Montana 1 $ 147,000 $ 147,000 $ 86,000
Storey, Nevada 1 $ 150,000 $ 150,000 $ 70,000
Essex, New Jersey 1 $ 415,000 $ 415,000 $ 144,000
Somerset, New Jersey 1 $ 306,000 $ 306,000 $ 101,000
Hidalgo, New Mexico 1 $ 105,000 $ 105,000 $ 92,000
Los Alamos, New Mexico 1 $ 170,000 $ 170,000 $ 183,000
Otero, New Mexico 1 $ 258,000 $ 258,000 $ 165,000
Sandoval, New Mexico 1 $ 215,000 $ 215,000 $ 124,000
Valencia, New Mexico 1 $ 200,000 $ 200,000 $ 91,000
Orange, New York 1 $ 225,000 $ 225,000 $ 66,000
St. Lawrence, New York 1 $ 260,000 $ 260,000 $ 156,000
Suffolk, New York 1 $ 144,000 $ 144,000 $ 139,000
Buncombe, North Carolina 1 $ 285,000 $ 285,000 $ 220,000
Mecklenburg, North Carolina 1 $ 158,000 $ 158,000 $ 206,000
Logan, Oklahoma 1 $ 358,000 $ 358,000 $ 173,000
Tulsa, Oklahoma 1 $ 144,000 $ 144,000 $ 161,000
Jackson, Oregon 1 $ 154,000 $ 154,000 $ 108,000
Josephine, Oregon 1 $ 94,000 $ 94,000 $ 28,000
Washington, Oregon 1 $ 175,000 $ 175,000 $ 110,000
Yamhill, Oregon 1 $ 180,000 $ 180,000 $ 79,000
Providence, Rhode Island 1 $ 416,000 $ 416,000 $ 118,000
Greenville, South Carolina 1 $ 132,000 $ 132,000 $ 180,000
Blount, Tennessee 1 $ 148,000 $ 148,000 $ 143,000
Cheatham, Tennessee 1 $ 308,000 $ 308,000 $ 155,000
Bell, Texas 1 $ 235,000 $ 235,000 $ 75,000
Chambers, Texas 1 $ 186,000 $ 186,000 $ 112,000
Denton, Texas 1 $ 167,000 $ 167,000 $ 46,000
Ellis, Texas 1 $ 146,000 $ 146,000 $ 61,000
Fayette, Texas 1 $ 100,000 $ 100,000 $ 84,000
Houston, Texas 1 $ 103,000 $ 103,000 $ 108,000
Liberty, Texas 1 $ 30,000 $ 30,000 $ 73,000
Lubbock, Texas 1 $ 100,000 $ 100,000 $ 261,000
Orange, Texas 1 $ 297,000 $ 297,000 $ 163,000
Tarrant, Texas 1 $ 340,000 $ 340,000 $ 160,000
Iron, Utah 1 $ 75,000 $ 75,000 $ 50,000
Salt Lake, Utah 1 $ 380,000 $ 380,000 $ 80,000
Alexandria, Virginia 1 $ 290,000 $ 290,000 $ 165,000
Loudoun, Virginia 1 $ 417,000 $ 417,000 $ 130,000
Benton, Washington 1 $ 128,000 $ 128,000 $ 66,000
Jefferson, Washington 1 $ 263,000 $ 263,000 $ 960,000
Kitsap, Washington 1 $ 128,000 $ 128,000 $ 62,000
Snohomish, Washington 1 $ 242,000 $ 242,000 $ 136,000
Whatcom, Washington 1 $ 130,000 $ 130,000 $ 186,000
Outagamie, Wisconsin 1 $ 122,000 $ 122,000 $ 81,000
Sheridan, Wyoming 1 $ 218,000 $ 218,000 $ 287,000
Sublette, Wyoming 1 $ 70,000 $ 70,000 $ 103,000

Mortgage Loan Application Detail Totals for Chevron Federal Credit Union in 2009

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 1,255 $323,488,000 $257,000 $1,485,000 $133,000 $960,000
Home Purchase 445 $96,342,000 $216,000 $1,060,000 $139,000 $1,721,000
Home Improvement 2 $143,000 $71,000 $88,000 $161,000 $191,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 751 $172,659,000 $229,000 $1,025,000 $135,000 $1,721,000
Not Provided 619 $169,864,000 $274,000 $1,485,000 $140,000 $860,000
Hispanic 124 $25,358,000 $204,000 $914,000 $110,000 $354,000
Asian 109 $31,342,000 $287,000 $1,060,000 $137,000 $329,000
Black or African American 81 $15,611,000 $192,000 $595,000 $116,000 $287,000
Native Hawaiian or Other Pacific Islander 12 $3,314,000 $276,000 $680,000 $150,000 $330,000
American Indian or Alaskan Native 6 $1,825,000 $304,000 $579,000 $149,000 $189,000
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,702 $419,973,000 $246,000 $1,485,000 $135,000 $1,721,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 1,003 $251,507,000 $250,000 $1,060,000 $136,000 $1,721,000
Application Denied By Financial Institution 699 $168,466,000 $241,000 $1,485,000 $133,000 $960,000
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit Application Incomplete 391 $93,153,000 $238,000 $1,485,000 $136,000 $960,000
Collateral 94 $23,961,000 $254,000 $704,000 $126,000 $381,000
Other 32 $6,628,000 $207,000 $595,000 $123,000 $310,000
Debt-To-Income Ratio 31 $7,378,000 $238,000 $1,120,000 $93,000 $295,000
Credit History 29 $5,811,000 $200,000 $625,000 $97,000 $256,000
Unverifiable Information 11 $3,116,000 $283,000 $457,000 $160,000 $260,000
Mortgage Insurance Denied 11 $2,388,000 $217,000 $415,000 $130,000 $354,000
Employment History 9 $1,836,000 $204,000 $704,000 $139,000 $284,000
Insufficient Cash (Downpayment, Closing Cost) 5 $641,000 $128,000 $179,000 $78,000 $125,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Chevron Federal Credit Union's 2009 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Chevron Federal Credit Union's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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