Updated over 3 years ago on . Most recent reply
Any idea why Costco shut down their mortgage lending services?
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.