Your   homeownership journey starts here

The mortgage process simplified.
Fast approvals, local experts, trusted results.

Professional woman smiling outdoors for financial success.
Chelsey Faith Ovenell, representing Preferred Rate, showcases confidence and success in her professional environment.
Beautiful modern craftsman house with landscaped front yard and double garage.
A stunning modern craftsman-style house featuring a landscaped front yard, large windows, and a spacious double garage.

NMLS: #1911626

Chelsey Faith Ovenell

Mortgage Advisor

My name is Chelsey Ovenell and I am a licensed mortgage officer in California! My passion for this industry originates with my parents. My family has been in the mortgage and real estate industry for the past three decades. My dad started his own loan and real estate office 30 years ago, and my mom, brothers, and aunt are beloved local realtors. So I guess you can say it’s in my blood!

I’m thrilled to bring that passion to helping my clients achieve their financial goals – whether that means owning a home, improving their credit, taking time to save for a down payment, or saving hundreds of dollars every month in a refinance. I specialize in Conventional and FHA loans for purchases and refinances. As a member of your community and with an amazing team at Preferred Rate behind me, I’m proud to offer each one of my clients the very best care. If you are in the market for buying your forever home, or if you just want to explore your financial options, don’t hesitate to reach out TODAY!

Licensed in:

CA

Why work with me?

4.9/5 Rating

14 reviews

Real clients. Real results.

Great experience. Chelsey was on top of it.

Nicole B

I had a great experience working with Chelsey for my home purchase. I am a first time home-buyer and she did a great job walking me through the whole process. She was friendly, patient, and communicative throughout. Thank you Chelsey!

Joshua K

I can’t say enough about the amazing job Chelsey Ovenell did by working so hard to get the best rate in our recent refi. Chelsey not only worked so hard for us, she communicated so well, and made the entire process so easy for us from start to finish. It’s without hesitation that I would recommend Chelsey Ovenell with any and all your real estate lending needs!!

Grant B

Chelsey did an absolutely outstanding job walking us through the entire loan process! She was proactive, detailed and a delight to work with! She communicated with us frequently about the details of our refi and was always quick to answer all our questions. We wholeheartedly recommend Chelsey to anyone looking to secure a home loan or refi.

Robert M

Chelsey kept us informed through the entire loan process! She worked hard to find a loan with a great rate! Refinancing can be a hassle sometimes, but with Chelseys help it was a fairly painless process! Will definitely use her again!

Tamie S

Our experience was great. Chelsey was timely and concise in her communication during the refinance experience. Chelsey was honest, supportive, and prompt to ensure the process went smoothly. We would recommend Chelsey to anyone who is looking to refinance and hopes to do so in a non stressful and timely fashion.

Jon O

Really great rate and great experience! All our questions were answered and Chelsey did such a great job explaining everything and making us feel comfortable. The paperwork process was seamless and timely. Highly recommend!

Chelsea P

Chelsey took very good care of my wife and I. She got us the lowest interest rate we have ever heard of. Along the way, she continually followed up on progress and was available to answer all questions. HIGHLY recommended!

Trevor P

Chelsey was very thoughtful and helped us through the process during the pandemic. I bring that up because everything seems more difficult now, scanning documents, not able to have in person meetings, and completing everything electronically on multiple platforms. She was patient and provided all the guidance we needed.

David A

Loan Programs

Beautiful modern craftsman-style house with a landscaped front yard and garage.
A stunning craftsman-style home featuring a welcoming porch, modern design, and the 1% Home Loan Program.
1% Home Loan Program

Featured

Man using smartphone at home, exploring conventional loan options.
Man reviewing mortgage options on his phone in a cozy living room setting.
Conventional Loans

Featured

Comfortable living room featuring a fireplace, wall-mounted TV, and stylish decor for a welcoming ho.
A welcoming living room with a fireplace, wall-mounted TV, and elegant decor, ideal for relaxing and entertaining in a cozy home setting.
Down Payment Assistance (DPA)

Featured

Happy couple working on home renovation inside a room with construction tools.
A smiling couple during a home renovation project, standing on stairs with construction supplies around them.
Home Renovation
Beautiful house exterior with porch, windows, and landscaped yard.
A charming two-story house featuring a spacious front porch, large windows, and a well-maintained lawn, ideal for HELOC loan considerations.
HELOC Loans
Luxury home with a spacious driveway and well-maintained landscaping for jumbo loan financing.
Explore jumbo loan options for financing high-value homes like this beautiful property.
Jumbo Loans
Beautiful blue house with landscaped yard, ideal for low down payment mortgage options.
Charming blue home surrounded by lush greenery, perfect for those seeking low down payment loan solutions.
Low Down Payment Loans
Buydown mortgage rates with temporary payment reductions.
Learn how temporary buydowns can lower your mortgage payments during the initial years of homeownership.
Temporary Buydowns
Child on Veteran's shoulders with American flag, symbolizing VA loan benefits.
Supporting veterans and families with VA home loan options and resources.
VA Loans
Construction financing solutions for building your dream home or project. Expert guidance for seamle.
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Construction Financing
FHA loan approval process with Preferred Rate for homebuyers.
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FHA Loans
Modern two-story house with garage, ideal for bridge loan financing.
A contemporary two-story home with a spacious garage, perfect for real estate bridge loans and investment opportunities.
Bridge Loans
Affordable community lending options for homebuyers.
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Community Lending
Colorful Victorian-style condominiums with detailed architecture and lush greenery.
Beautiful Victorian-style condominiums with intricate details and vibrant colors, perfect for condominium loan options.
Condominium Loans
Nurse smiling with tablet, promoting first responder loan programs.
A nurse smiling while holding a tablet, highlighting loan options for first responders, teachers, and nurses.
First Responders – Nurses – Teacher Loans
Beautiful manufactured home with a welcoming porch and landscaped yard.
A charming manufactured home featuring a spacious porch and lush landscaping, ideal for comfortable living.
Manufactured Home Loans
Senior couple exploring reverse mortgage options on laptop.
Elderly couple discussing reverse mortgage benefits using a laptop at home.
Reverse Mortgages
USDA loan approval process for rural home financing.
A couple stands outside a new house, symbolizing rural homeownership with USDA loans.
USDA Loans
Man using a laptop on a bean bag chair, promoting flexible bank statement loans.
Comfortable man working on a laptop at home, highlighting flexible bank statement loan options for homebuyers.
Bank Statement Loans
Home loan options for quick approval and competitive rates.
Simplify your home buying process with Preferred Rate's SmartBuy program.
Click n’ Close SmartBuy National DPA
Spacious living room with comfortable seating, large windows, and stylish decor.
A bright, inviting living room featuring a blue sofa, wooden chairs, and a fireplace with logs, perfect for relaxing or entertaining.
DSCR Loans (Investment Loans)

Featured

Expanded Credit Loans living room with modern furniture and cozy decor.
Comfortable living room featuring yellow armchairs, a fireplace, and a flat-screen TV, ideal for home improvement financing options.
Expanded Credit Loans
Expanded Income Loans for Home Improvements.
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Expanded Income Loans
Loan options for international clients seeking financial solutions.
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Loans for Foreign Nationals
Healthcare professional loan options for doctors and medical staff. Secure funding to grow your medi.
Image of a smiling doctor holding a clipboard in a medical office setting. Perfect for promoting medical professional loan services.
Medical Professional Loans
Preferred Rate Pathway DPA Program interior design.
Spacious living room with contemporary furniture and a sleek kitchen setup.
Pathway DPA Program
Secure lock program for home safety and security.
Beautiful blue house featuring a secure lock program for enhanced home safety.
Secure Lock Program
Seller PreLock Program for homeowners to secure home sale options.
A woman reviews her home sale options on a tablet in a bright, modern kitchen, highlighting the Seller PreLock Program benefits.
Seller PreLock Program

Refinance With Purpose

Every refinance starts with a goal. Whether you want to lower your payment, shorten your term, or access equity, we’ll build a strategy around
what matters most to you.

Consolidate Debt

Simplify what you owe. Use your home’s equity to combine high-interest debt into one  payment.

Lower Payments

Improve monthly cash flow. Even a small rate adjustment can create  savings over time.

Get Cash Out

Access equity with intention. Turn your home’s value into funds for renovations, education, retirement, or financial goals.

Change to Fixed Rate

Stabilize your payment. Move from a variable rate to predictable payments built for long-term planning.

Refinance VA Loan

Use a VA refinance program to improve your terms, access cash, or reduce your monthly payment.

Discover your home’s value instantly.

Get a personalized home value report powered by real market data. Track equity, explore trends, and stay informed about your property.

Home loan approval process with competitive rates at Preferred Rate. Secure your mortgage today with.
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Preferred Rate logo with financial graph and rate drop notification.
A logo for Preferred Rate featuring a financial graph and a notification about interest rate drops.

We'll watch the market for you

Set your target interest rate and we’ll notify you when it hits. No spam, just smart alerts.

Mortgage Calculator

Estimate your monthly payment in seconds.

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Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes.

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