Disaster Relief Loan Program

We are committed to helping members recover when they are affected by natural disasters. 

Our Disaster Relief Loan Program is designed to help with a variety of needs you may have, including repairing your home, purchasing a new vehicle, accessing funds, and obtaining an extension or forbearance with a current loan with the Credit Union.


Home Repair Loan1

If a natural disaster has damaged your home, the Credit Union’s Disaster Relief Home Repair loan can help you finance repairs. This special second mortgage gives you access to cash as your repairs are completed, so your projects keep moving.

  • 15-year, fixed-rate second mortgage up to 75% LTV2
  • Maximum loan amount of $250,000
  • Lower rate than our standard fixed-rate second mortgage
  • Full home inspection required to determine damages and repair estimate
  • Loans limited to homes within FEMA declared disaster areas
  • Funds released in four payments as home repairs are completed3
  • Closing costs can be rolled into the loan, subject to maximum LTV limit
  • Optional deferred payments of up to 90 days


To qualify for this loan you will need to have proof of a current FEMA Application and determination of your claim.

To learn more about our Disaster Relief Home Repair loan, please call our Home Loan Help Desk at 888-334-5120. For those outside the U.S., please call 510-627-5120. You can also contact your local Mortgage Relationship Manager.


Auto Purchases1

Chevron Federal Credit Union is here to help members that have lost their cars in a natural disaster. Members making new or used automobile and truck purchases in this program can take advantage of:

  • Financing up to 110% LTV (Down payment, taxes, and licenses may be included in loan amount)4
  • Terms up to 84 months
  • Optional deferred payments of up to 90 days
  • Optional Guaranteed Auto Protection insurance at a highly discounted rate of $150


To learn more about our Disaster Relief auto loans, please call 800-232-8101. For those outside the U.S., please call 510-627-5000.


Personal Loans1

If you need access to additional funds, our Disaster Relief personal loan product can help you.5

  • 8.00% APR – 1.99% lower than the best rate we normally offer for unsecured personal loans
  • Maximum loan amount of $25,000
  • Optional 90-day deferred payments
  • Terms from 12- 60 months


To learn more about our Disaster Relief personal loans, please call 800-232-8101. For those outside the U.S., call 510-627-5000.


90-Day Term Extensions or Forbearance1

  • You may be able to delay payments on some existing Credit Union loans for up to 90 days.
  • Existing Chevron Federal Credit Union auto and personal loans may qualify for term extensions of up to 90 days.
  • Existing Chevron Federal Credit Union real estate loans may qualify for up to 90 days of forbearance. In this case, the missed payments are divided by 12 and added to the next 12 regular payments following the forbearance period.


If you have an existing Chevron Federal Credit Union loan and are located in a disaster zone as defined by FEMA, please call 800-232-8101, ext. 5134, to see if you qualify. For those outside the U.S., please call 510-627-5134.


1 Programs limited to Credit Union members/properties in ZIP Codes declared eligible for individual assistance by FEMA following a natural disaster. Members who are eligible for FEMA assistance should submit a FEMA application for assistance prior to applying for assistance from the Chevron Federal Credit Union Disaster Relief Loan Program.
2 Actual rate, APR, and costs may vary based on qualifications and repair estimates. Loan amount not to exceed $250,000.
3 Repair receipts and an inspection of the repairs required before funds are released. Funds will be released as repairs equal approximately 25%, 50%, 75%, and 100% of the total repair estimate.
4 Actual rate, APR, and costs may vary based on qualifications.
5 Actual rate, APR, and costs may vary based on qualifications. Loan amount not to exceed $25,000.

All loans are subject to approval. Other restrictions may apply.
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