Reduced Cost Loan Program
 
Shop for your loan today. Live in your home tomorrow.

With great rates and helpful, friendly Real Estate Loan Officers. Chevron Federal Credit Union (CFCU) makes it easy to purchase a home, refinance a loan or get secondary financing. We are committed to helping you find the right mortgage product to fit your needs.

We offer a variety of products to meet your financial goals whether you want to purchase a home, refinance, consolidate debt, make home improvements, or need extra cash. Our loans have no prepayment penalties and may be refinanced at any time.

At CFCU, we offer the latest financial tools that enable you to make sound financial choices and make the home-buying process simple.

With CFCU's Reduced Cost Loan Program, you can close a home purchase or rate/term refinance loan with no charge for the following services:*

  • Appraisal
  • Administrative Fee
  • Courier Fee
  • Credit Report
  • Title Insurance
  • Wire Fee
  • Tax Service
  • Loan Documentation
  • Escrow
  • Flood Certification
  • Recording of CFCU Documents
  • Notary Fee for CFCU Documents

Learn More
For more information, please call us at 510-627-5120 or toll-free 888-334-5120, or visit your local CFCU branch and speak to one of our friendly Real Estate Loan Officers.

*CFCU will pay only those costs listed above. If the application is for a loan to purchase a home, all other customary costs associated with the purchase transaction, including other title company fees that may apply, will be paid by the member. If the applications is for a refinance loan, the member is responsible for paying all fees and charges imposed directly or indirectly by the existing lender (for example, a prepayment penalty, a payoff demand statement fee and/or a reconveyance fee). CFCU has loans available with lower nominal rates for members willing to pay closing costs and/or points.

Closing costs DO NOT include interest, insurance premiums of any kind, property or transfer taxes, impounds, or inspection fees of any kind. The Reduced Cost Loan Program does not cover cost for extraordinary items, including but not limited to any additional cost for complex residential real estate appraisals, redrawing of loan documents due to changes requested by the member, the fee to purchase a rate lock option, including a float down option, any relock fees that may apply, any prepayment penalty that may be imposed by another lender for a refinance loan, and any loan level price adjustments imposed by Fannie Mae.

CFCU Membership Information





Where to Start

Information For First-Timers

Home Purchase Basics

Congratulations! We're pleased to be helping you with your first home. The more you know about the home buying process, the more confident you will be in making the important decisions that will shape your home ownership experience.

The Mortgage Process

Buying a home has never been easier. We've streamlined and updated the entire mortgage process to bring you a faster, more technologically advanced way to finance your home.

Purchasing A Home

Purchasing a Home

Buying a new home is exciting and the process of financing it is now faster and easier than ever before.

The Mortgage Process

Buying a home has never been easier. We've streamlined and updated the entire mortgage process to bring you a faster, more technologically advanced way to finance your home.

Start Saving By Refinancing

Refinancing a Home

If the current value of your home has increased, it may make sense to refinance at a better rate or refinance to consolidate debt or plan a home improvement project.

The Mortgage Process

Buying a home has never been easier. We've streamlined and updated the entire mortgage process to bring you a faster, more technologically advanced way to finance your home.

Getting Value Out Of Your Home

The Mortgage Process

Buying a home has never been easier. We've streamlined and updated the entire mortgage process to bring you a faster, more technologically advanced way to finance your home.




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