Over the past few years of economic distress, banks and credit unions have been failing left and right. Chevron Federal Credit Union (CFCU), on the other hand, has only been growing in size and assets. This history of stability and perseverance during even the toughest of times speaks to their reliability as a lender. Combine this with the excellent mortgage rates this credit union offers, and it’s easy to understand why CFCU is a top choice among borrowers.
Current CFCU Promotional Mortgage Rates
With great rates and helpful, friendly real estate loan officers, CFCU makes it easy to purchase a home, refinance a loan, or get secondary financing. They are committed to helping you find the right mortgage product to fit your needs. Currently, there are a couple of especially noteworthy mortgage options from CFCU:
15-Year Fixed Rate Mortgage: 3.77% APR: This rate is based on a principal loan amount of less than or equal to $417,000 ($625,500 in AK and HI). Estimated payment per $1,000 is $7.27.
7/1 ARM: 3.15% APR: This rate is based on a principal loan amount of less than or equal to $417,000 ($625,500 in AK and HI). Estimated payment per $1,000 is $4.85. The amortization term is 30 years.
Rates are subject to change daily, so apply for a mortgage loan from CFCU today to lock in one of these outstanding rates while they’re still available.
Who Can Join CFCU?
You won’t be eligible to obtain one of these great mortgage rates from CFCU unless you are a member. Their field of membership includes:
- Employees of Chevron Corporation, its wholly-owned subsidiaries and select affiliates worldwide
- Employees of the law offices of Pillsbury Winthrop LLP
- Chevron branded jobbers and dealers, federal lubricant marketers (jobbers), and their employees and families
- Selected contractors of Chevron Corporation, Pillsbury Winthrop LLP, Western Refining, and Aramco Services Company
- Family of CFCU members–parents, grandparents, children, grandchildren, spouse or domestic partner, siblings–even roommates who share your household expenses
- Chevron Corporation Retirees (including retirees from Unocal 76, Texaco Corporation, and any other Chevron merger company).
- San Francisco persons who live, work, worship, or attend school in, or business and other legal entities that are located in the San Francisco Financial District and the surrounding San Francisco neighborhoods (please contact CFCU to confirm membership eligibility).
- Members of the Contra Costa County Historical Society and Navy League of the United States, West Contra Costa, CA, Bakersfield, CA, El Paso, TX, and Honolulu, HI Councils.
Once you join, you’re a member for life regardless of changes in your employment or location. Join CFCU today so you can gain access to the competitive mortgage rates members presently enjoy.
About Chevron Federal Credit Union
Chevron Federal Credit Union (CFCU) has been around since 1935, all the while growing in financial strength and soundness. CFCU’s 75 years of success can be attributed to their constant commitment to members’ needs. They understand how important timely, accurate, and courteous service is to you.
CFCU offers a variety of products to meet your financial goals, whether you want to purchase a home, refinance, consolidate debt, or make home improvements,. Their loans have no prepayment penalties and may be refinanced at any time. Additionally, if you are looking for reduced cost mortgage alternatives, check out the Reduced Cost Loan Programs.
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