Costco Home Loans?

Attention Costco Shoppers! You can now load up your cart with as much toilet paper and jugs of potato salad as you want… and a home loan to boot!  Our mecca of shopping is now offering loans through First Choice Bank in New Jersey. Sterling Bank of WA is also involved. We are used to getting ‘value’ at Costco – this is mainly because we can buy in bulk. Will this value cross over to home loans? I have a hard time believing that the consumer will get a ‘better deal’ from Costco and I am a firm believer in working with someone local, one person who is your trusted contact, rather than going to internet / phone route for a home loan. But the jury is out… I’d love to hear how Costco home loans are working out if anybody has an opinion?