Costco offering full service mortgage lending

April 26, 2012 10:46:41 AM PDT
Costco shoppers can now find a new big item for sale - a mortgage.

The warehouse club is rolling out a full service mortgage lending program on its web site. Members can log in, fill in their information anonymously and then get a price comparison from several lenders. Costco says it expects its lender affiliates to be accurate, quick, and offer competitive mortgage rates. It hopes to branch out and soon offer auto, and even student, loans.