Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago on . Most recent reply

User Stats

77
Posts
31
Votes
Sam Mathew
  • Real Estate Investor
  • Pembroke Pines, FL
31
Votes |
77
Posts

Any idea why Costco shut down their mortgage lending services?

Sam Mathew
  • Real Estate Investor
  • Pembroke Pines, FL
Posted

Costco shut down their mortgage lending services earlier this year without warning.  It was conventional lenders providing their best rates but Costo capped their lender fees at $250 per loan, which was incredible.  Similar to Lending Tree but better, guaraneed low $250 lender fee and rates were all lowest for conventional loans.  They had plenty of lenders compeiting also.  I used their services many times but they shut it down now.  Just curious, if anyone knows any information on why they did.

Loading replies...