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Purchase or Refinance Your Home with The Mortgage Program for Costco Members

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Purchase or Refinance Your Home with The Mortgage Program for Costco Members

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The Mortgage Program for Costco Members is committed to providing quality and value to members. Purchasing a home can be one of the most meaningful decisions you will make in your life, and participating lenders1 will help you every step of the way.

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1Costco is not a lender. Costco is not affiliated with CrossCountry Mortgage or any participating lender. Costco does not endorse or recommend any particular lender and is not responsible for any of the activities of CrossCountry Mortgage or any of the participating lenders.

The Mortgage Program for Costco Members
COSTCO EXECUTIVE MEMBERS COULD SAVE AN AVERAGE OF $8,098 OVER THE TYPICAL LIFE OF THE LOAN.2

The Mortgage Program for Costco Members: Buying and Refinancing

Buying a home or refinancing a mortgage can feel like a daunting process with many moving parts. It's important to have a lender that makes it easier from pre-approval, appraisal and inspection, to closing.

With The Mortgage Program for Costco Members, provided by CrossCountry Mortgage, LLC and other participating lenders, you can enjoy a streamlined, transparent process from the first point of contact to the moment you receive your house keys. The Mortgage Program is committed to providing Costco members exclusive benefits and value.

See Current Rates

The Mortgage Program: Committed to Service

After submitting your information, you will be able to compare rates, select up to four lenders and request your quotes. You’ll then receive an email with the support team's contact information. Shortly after your email confirmation, the lenders you selected will call you to discuss home lending and to answer your questions.

The Mortgage Program takes your personal information seriously. The information you submit will go only to the lenders you select.

See Current Mortgage Rates Below
Your information is sent directly to The Mortgage Program for Costco Members, provided by CrossCountry Mortgage, LLC and the participating lenders. Costco does not receive your data. Costco and its affiliates do not take loan applications, offer, negotiate, or make mortgage loans or lines of credit. Costco does not guarantee products or services offered by The Mortgage Program and is not responsible for any of the activities of CrossCountry Mortgage, LLC or any of the participating lenders.

The Mortgage Program for Costco Members is operated by CrossCountry Mortgage, LLC., not by Costco. Use of The Mortgage Program (and any destination sites you reach through this site) is subject to the site's Terms of Use and Privacy Policy.

Exclusive Benefits for Costco Members

Maximum Executive Lender Fees $2503

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We need your Costco membership type in order to give you an accurate quote on lender fees.


Enter Desired Mortgage Scenario.

Entering specific details will result in higher accuracy.

If "No Results" appears, consider the following:

  • Consider changing the Loan Amount.
  • The Loan to Value may be too high.
  • Down Payment often needs to be 3.5% or higher.

Lender fees do not include third-party fees.

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What You Can Expect

The Mortgage Program is a valuable resource for Costco members, no matter where you are in the home purchasing process. Whether it’s your first purchase or you’re upsizing, downsizing, adding an investment property, or refinancing an existing loan, Costco members receive a quality experience. The Mortgage Program for Costco Members features:

  • how much mortgage can I afford

    Savings for New Homebuyers

    Empowers first-time homebuyers to save by helping them successfully get a mortgage with competitive rates.

  • refinance mortgage rates

    Competitive Refinance Rates

    Provides refinancing options for members who have existing mortgages on homes or rental properties.

  • mortgage loan

    Conventional, FHA, & Jumbo

    Offers FHA loans, jumbo loans, and conventional loans, including First-time Homebuyer fixed and adjustable-rate mortgages, for Costco members.

  • veteran mortgage

    Veterans Affairs (VA) Loans

    Helps veterans obtain favorable loan terms and interest rates on their mortgages, including VA loans that may offer no down payment, no monthly mortgage insurance, and other benefits.

Low Lender Origination Fees

There are no surprises with The Mortgage Program's lender fees, which are up-front and low: Lender origination fees are capped at $250 for Executive Members and $550 for Gold Star Members.3

Costco executive member card
Lender Fees
$250 or less3
Costco gold member card
Lender Fees
$550 or less3
Flexbox filler couple getting mortgage rates

First-Time Homebuyer? Consider:

  • 1
  • Obtaining a pre-approval or qualification letter before beginning to shop for a home. This helps you identify your price range, and shows sellers you're prepared.

  • 2
  • Determining your needs versus your wants based on priorities, family size and what you value most. Make a list of key features and aim to get 80% of them.

  • 3
  • Looking for a neighborhood that suits your needs, especially if you plan to live in your home for awhile. Consider nearby schools and other amenities.

A Streamlined and Helpful Process

Each of the participating lenders in The Mortgage Program has a platform that streamlines the way you get a mortgage. These lenders use technology and automation to help avoid guesswork and confusion. Plus, you can upload and submit most standard documentation securely online, rather than mailing in a stack of papers. Of course, members will have access to a licensed and experienced mortgage professional to call with questions or for clarifications.

Four Potential Reasons to Refinance a House

1
To lower interest rates or the mortgage payment
2
To consolidate debt
3
To get cash out
4
To reduce the term of the loan
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Quality and Value from The Mortgage Program for Costco Members

Participating lenders are committed to guiding members through this important transaction and major life milestone. They are available to help you make the best decision for the future.

With multiple lenders to choose from and up-to-date live rates, you can make an informed financial decision for your budget. The Mortgage Program for Costco Members allows you to shop for a mortgage product that fits your situation so you can buy a home with confidence.

The Mortgage Program for Costco Members

  • Over 190,000 funded loans through The Mortgage Program for Costco Members

  • Over $51 billion in successful fundings since 2011

  • Over 92% of Costco members who used The Mortgage Program and responded to a survey rated it as excellent, very good or good

Benefits for Costco Members

Fill out the simple form and get up-to-date mortgage rates to see how much you could save.

View Rates for Costco members

2The estimated savings statement for Executive and Gold Star Members is calculated over a 7-year period utilizing the following loan scenario and includes both interest and fees savings: home refinance in the state of California with a Loan-To-Value of 80%, Loan Amount= $250,000, Payment of $1,053, Interest Rate= 2.990%, Single Family, Primary Residence, FICO= 740, Term= 30yr. Executive Member APR=2.998%, Average Executive Membership level savings is $8,098, which includes the lender fees savings as of 1/19/21. Gold Star Member APR=3.007%, Average Gold Star Membership level savings, is $7,798, which includes the lender fees savings as of 1/19/21. Lender Fees include application, commitment, underwriting, processing fees or similar fees and PAYMENT DOES NOT include 3rd party fees, such as title insurance, appraisal, tax service, escrow and other such fees in which the lender does not profit and are passed directly through to the borrower. All fees are detailed in the Loan Estimate. Executive and Gold Star Membership savings is compared to an average of national mortgage lenders in a comparative study conducted by Informa Research Services Inc. Individual savings may vary based on credit score, Loan-To-Value, location, Costco membership level, and loan amount, and is subject to loan requirements underwriting and approval. Marketing Approval Date 2/1/2021.

3Lender fees charged to Executive Members by lenders will not exceed $250 per loan. Lender fees charged to Gold Star and Business Members by lenders will not exceed $550 per loan. Lender fees include application, commitment, underwriting, processing fees or similar fees and do not include third party fees, such as title insurance, appraisal, tax service, escrow and other such fees in which the lender does not profit and are passed directly through the borrower. All fees are clearly detailed in the Loan Estimate provided by lender.

General Program Disclosures: Mortgage lead generation and/or originations are provided by CrossCountry Mortgage, LLC ("CCM" herein), 6850 Miller Road, Brecksville, OH 44141. CCM is licensed or registered in the states in which it originates mortgage loans. All loans subject to underwriting approval. Certain restrictions apply. Call 800-793-0759 for details. CCM NMLS3029 (www.nmlsconsumeraccess.org). Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. Georgia Residential Mortgage Licensee. Illinois Residential Mortgage Licensee. Kansas Licensed Mortgage Company. CCM is a licensed mortgage lender in the Commonwealth of Massachusetts. Mississippi Licensed Mortgage Company. Licensed by the New Hampshire Banking Department. Licensed by the New Jersey Department of Banking and Insurance. Licensed Mortgage Banker – New York State Banking Department. Rhode Island Licensed Lender. Licensed by the Virginia State Corporation Commission. Costco and its affiliates do not originate mortgage loans. Costco does not guarantee products or services offered by CCM. Costco is not affiliated with any lender. Costco does not endorse and is not responsible for any of the activities of any lender. CrossCountry Mortgage Terms and Conditions   CrossCountry Mortgage Licensing and Disclosures