Costco Offers Home Loans Online

Costco Offers Home Loans Online Costco shoppers can now add a new product to their basket: residential mortgages.

According to CNN, Costco is rolling out a full-service online mortgage lending program in partnership with 11 lenders. The retailer has been quietly testing the program for a year and has already issued more than 10,000 mortgages to its members.

‘We've always known that our members wanted more financial services,’ says Lauren Kutschka, Costco's manager of financial services.

Kutschka adds that the retailer already offers health and auto insurance, stock brokerage services, recreational vehicle loans and boat loans, and that it plans to introduce auto loans and student loans in the near future.


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