Is Costco Good for Mortgages?

Costco is known for selling jumbo quantities of food and toiletries, rotisserie chickens and pizza, and furniture and large appliances from its warehouse-style stores across the country. The members-only wholesale chain also offers something even bigger online: Costco mortgages.

The Mortgage Program for Costco Members could help you buy or refinance a home through a multilender platform operated by CrossCountry Mortgage. Here’s a look at how the program works and how it stacks up to other similar programs.