Costco has a multi lender marketplace where consumers can compare products and rates from several lenders and lender fees are capped for members. 2 the estimated savings statement for executive and gold star members is calculated over a 7 year period utilizing the following loan scenario and includes both interest and fees savings.
The great thing about costco s mortgage marketplace is that you don t have to be a member to get great low rates.
Costco mortgage rates california. Rates and results are provided by participating lenders in the mortgage program for costco members. Costco members already enjoy discounts on groceries electronics and clothes but now take your membership even further by using the mortgage program for costco members. Non members can shop through the mortgage services for costco members program and get the same low rates too.
To view rates and fees as well as exclusive benefits for costco members complete the simple questionnaire above or contact the mortgage program at 800 793 0759. Home purchase in the state of california with a loan to value of 80 loan amount 250 000 payment of 1 020 interest rate 2 750 single family primary residence fico 740 term 30yr. Mortgage services life insurance payment processing all of providers have received the costco seal of approval.
Depending on your membership lender fees could be limited to just 350 or less potentially saving hundreds up front. Costco services for home business life. With the mortgage program for costco members see if you can lower your monthly payment or interest rate.
The live rate quotes presented are offers from the lenders which reflect current market charges and rates. Executive member apr 2 761 average executive membership level savings is 6 802 which includes the lender fees. The information entered by costco members will only be shared with the lenders you request a quote from.
Costco mortgage the lending arm of costco wholesale is a marketplace that offers costco members the ability to compare loan options and mortgage rates from several participating lenders.