Costco Mortgage and Refinancing
from LendingTree
Through an ongoing partnership between warehouse club Costco and LendingTree, Costco members receive Costco cash cards and favorable rates when using LendingTree to find a mortgage, home equity product or real estate service. Several times a year, usually in January and June, the cash card payouts are increased. This is reason enough to wait for a calendar turn.
Costco Mortgage and Refinancing Reviews
While i see the reviews from the staff i question whether there isnt any sort of incentive to comment. Having been approved to compete for loans we are very familiar with how the LT system worked and i can honestly say it wasnt always the best deal.. Not to say that they dont offer really great rates but there is lower if you shop.
Staff
I've used this program for my last three mortgage loans. The rates simply cannot be beaten - objectively. LendingTree compares rates through the Costco program to the national average as measured by Freddie MAC. The rates through this program on average save $1000 at closing! The reason that happens is because only LT's top lenders can participate - and they give lower rates than they would… elsewhere.
Plus you either get a $300 or $400 Costco Cash card at closing. I will definitely use this program for my next refinance.
Read More
Staff
I used this program in December 2007 to find a mortgage for my new home. The rates really couldn't be much better, when I told other mortgage brokers the rate I got, they were all surprised at how low it was and asked me where I got the quote from. On average, it was about 0.25%-0.5% lower than what other mortgage companies quoted me.
Sign up is easy too, just fill out the form on their site… and they contacted me the next day.
The $300 Costco gift cards were great, especially just after getting a new home and need tons of stuff from Costco.
Read More
Rate and review Costco Mortgage and Refinancing from LendingTree - Tell us what you think:
Recent Deals
$400 Costco Cash with Your Mortgage
Even a Costco dilettante might know that few deals at the warehouse retailer are as rich as the $1.50 Hebrew National dog and soda combo. After all, the company sold over 69 million of them in 2007. But, Costco and LendingTree* offer up an even better deal just for being a member.
Get a LendingTree mortgage from Costco for... a $400 cash card and significant savings.
On top of selling mammoth packs of diapers and cut-rate TVs, Costco also offers discounted financial services and other non-standard retail items to its 50 million members. Through LendingTree, Costco members can save up to $1,500 at closing on mortgage and refinancing when compared to similar loans in the Freddie Mac Primary Mortgage Market Survey . Tack on the $400 cash card, and that’s nearly $2,000 in savings for your next Costco spree.
Feel free to spend it on pounds of pistachios or pallets of printer paper. Or, better yet, double down and go for the new car or Caribbean vacation.
In addition to the mortgage and refinancing special, LendingTree is also offering up to $200 for Costco members who use their service to find a real estate agent or $100 to secure home equity financing.
Sure, you say, LendingTree always promises "When banks compete, you win." What makes these offers different from others? Chalk it up to founder and CEO Jim Sinegal. For Costco members , he requires nothing but carefully selected products at discount prices. So, LendingTree and Costco work together to whittle down program participants to the best and most reliable lenders around.
Perhaps the promise should be: "When banks compete with Costco, you win more."
*This offer is for Costco members only. LendingTree is owned by IAC, a parent company of FiLife.
Have a Questionabout Mortgages?
Steve answered jrgarcia87's question:
Trying to get help for my parents
Guru
IF your parents are over the age of 62 and IF they have the necessary equit...
Related Stories
Home, Home on the Web
by Kathy Yakal
Point-and-Click Mortgages
by Reviewed By Kathy Yakal
Is Getting a Home Loan Becoming Too Easy?
by James R. Hagerty and Ruth Simon
Home Lenders Pare Risky Loans
by James R. Hagerty and Ruth Simon
Why a No-Interest Bargain Can Be a No-No
by Jaclyne Badal
