A move can sometimes be a challenging experience. At Chevron Federal Credit Union, our goal is to make the relocation process as smooth as possible for you and your family.

 


 

U.S. Domestic Relocation Financing

 
The Chevron Corporate Relocation Program is designed to assist you with the major expenses related to relocating for a Chevron-initiated move. These major expenses are specifically identified and will be defined by your Relocation Specialist, with some varying degree based on your approved relocation.

One of the most beneficial features of the Chevron Corporate Relocation Program is the ability to finance a home purchase with Chevron Federal Credit Union.

 

 

CFCU Mortgage Financing

 
Chevron Federal Credit Union’s specialized Relocation Financing provides additional cost savings and discounts to help reduce your out-of-pocket expenses while financing and purchasing your next home. 
 

Premier features include:

  • No lender fees 
  • Significant rate discounts for most mortgage programs 
  • Dedicated Relocation Relationship Managers to assist you

 

Your fees may vary depending on your approval for direct billing from Chevron Corporation and will be determined by your eligibility and sponsored-new position.  

To learn more about your loan financing options, apply online to get pre-approved and contact our dedicated Relocation Relationship Managers for additional details. 

 

Apply Now!

 

“Conforming” loan amounts are less than or equal to $510,400. “Jumbo” loan amounts are greater than $510,400.

0 point pertains to the "Origination Point Fee" and there may be other loan level pricing adjustment (LLPA) costs that still apply. These can be affected by the applicant's loan-to-value, credit score, cash-out, occupancy status, and other factors.

Rate Assumptions

Annual Percentage Rates (APR) are calculated based on a loan amount of less than or equal to $510,400 for conforming loans, greater than $510,400 for Jumbo loans. The amortization term for Adjustable Rate Mortgage (ARM) programs is 30-years.

Rates shown are for a credit score of 740 or better, purchase, one unit, owner-occupied property on a 45 day lock, based on an 80% or less loan to value ratio. Your rate may be different.

If down payment is less than 20%, mortgage insurance may be needed on the loan. This could increase the monthly payment and the APR. 

For adjustable-rate mortgages (ARMs), rates are subject to increase after consummation.

For the 7/1, 5/1, and 3/1 ARM programs the interest rate is fixed for the initial 7, 5, or 3 years. After the initial fixed period, the rate will adjust annually for the remaining term. For the 5/5 ARM program the interest rate is fixed for the initial 5 years and will adjust every 5 years for the remaining term.

Other amortization terms available.

Not all borrowers will qualify for all rates. Rates and terms are subject to change without notice. Limited to owner-occupied, one-to-four family units. Other restrictions on property may apply. Property insurance required. Flood insurance may be required.

Rates subject to change daily.

Rates are not guaranteed until locked.

Click here for the interest rate cap table.

 

Note: This information is for Chevron Corporation employees who have been identified as Eligible Relocating Employees.

 


 

CFCU Relocation Relationship Managers

 
Team Email:
[email protected]  
 

Louie Abude — NMLS ID #389199: Oakland Headquarters: 500 12th St., Ste. 200, Oakland, CA. Office: 510-627-5216; Email: [email protected] 

Deb Maier — NMLS ID #457071: Remote: Minden, NV: Office: 510-627-5066; Email: [email protected] 

Tommy Hampton — NMLS ID #820567: Oakland Headquarters: 500 12th St., Ste. 200, Oakland, CA. Office: 510-627-5221; Email: [email protected]

 


 

Chevron Corporate Relocation Program Process

 
To begin the relocation process, complete the online Chevron Relocation Authorization form (link found in CVX HR2 web page). Your request will be sent to Human Resources for approval.  Once approved, your Brookfield Relocation Specialist will contact you and coordinate your next steps.

 


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