Preheat oven to 350°F degrees.

Grease two (9×5 inch) loaf pans or three (8×4 inch) loaf pans.

In a large bowl, mix flours, sugar, baking soda, cinnamon, nutmeg, and salt together in a large bowl; set aside.

In a medium bowl, stir together pumpkin, oil, applesauce, eggs, vanilla and water.

Stir pumpkin mixture into dry ingredients until well blended. Stir in chocolate chips.

Divide batter between prepared pans. Bake for 55-65 minutes, or until toothpick inserted in center comes out clean.

Cool for 20 minutes in pans before turning out onto wire racks to cool completely.