General World News

You can no longer get a mortgage at Costco

Costco might have everything you need for a housewarming party, but as of this week it can’t help you buy the house. Homebuyers will have to look elsewhere to secure a mortgage, as the members-only big box store announced it’s no longer in the business of financing homes.

The retailer recently decided to discontinue its foray into home financing, effective May 1 – meaning customers no longer will be able to pick up a mortgage as they nosh on free food samples and stuff oversized carts with oversized goods.

Since 2020, when Ohio-based retail lender CrossCountry Mortgage acquired First Choice details ⇒

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