Big Box Discounter Offering Mortgages

Discount merchandiser Costco is entering the mortgage and student loan business, OriginationNews tells Already into financial services with marine and recreational loans, credit cards, health and auto insurance, and investing services, Costco has partnered with New Jersey-based First Choice Bank and ten other lenders to offer full-service home loans. The company has already written 10,000 mortgages for its members.

(Image credit: ForeclosureListings)

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