Thursday, April 26, 2012

Costco Offers Mortgages

Costco wants to be your one-stop shop for everything you need in life, from groceries and cell phones to diamond rings and mortgages.
That's right: Costco wants to help you buy a home.In partnership with First Choice Bank and 10 other lenders, Costco is now offering mortgages, CNN Money reports.
After issuing more than 10,000 mortgages over the past year while testing the program, Costco now plans to market the mortgages more aggressively to its 66 million members, according to CNN Money....
Lauren Kutschka, Costco's manager of financial services, told CNN Moneythat Costco is also looking into offering auto and student loans. 
Read it at The Huffington Post
Costco Offers Mortgages To Homebuyers
by Bonnie Kavoussi


mike norman said...

Is this good? Someone please help me here. I don't know anything about Costco.

Tom Hickey said...

Yes,it is good. COSTCO has a good business model and it a good employer. Here's a slide show of their business model and strategic plan.

beowulf said...

right, great company.

Tom Hickey said...

I hadn't seen that, beowulf, but that was my intuition.

Promoted the article to a post. Thanks.