Please add sections to this wiki with useful information about the process, so that people don't have to ask the same questions over and over, or scan the whole thread for answers!
Notary and closing
Here is what you can expect or ask for from my experience:
1. New pen for signing wiped thoroughly
2. Pen stays with you after signing
3. Only material they will touch would be your ID
4. ID would be wiped and returned back
5. Can expect gloves to be worn
6. Signing can happen in your front yard or in your garage
7. If you have a Costco table then you can sit on either sides to maintain distancing
8. Masks might be recommended given new guidelines
9. Plus discuss with the notary!!
expired
Join The Conversation
Share your experience with the Slickdeals community
Share information with the community. Please follow our Community Guidelines and be kind!
9.8K Comments
Sign up for a Slickdeals account to remove this ad.
Make sure you check the final fee before move to the next step...
7 emails
2 phone calls
1 Voice message
1 Text message
I just wanted to check on rates/offers I didn't want so much spam. I could understand an email but SEVEN! and the calls and messages. Way over the top and not a great way to communicate to a potential new customer. For me it was a bad experience, I was able to request my info/personal data be removed from their site/database and got it confirmed. since then no more contact so far.
Sign up for a Slickdeals account to remove this ad.
Unlock even more as an
American Express® Card Member with an exclusive mortgage offer from Better.com
Better.com is making the homebuying and refinance experiences more rewarding, with a $2,500 statement credit and more, exclusively for eligible Card Members. See offer terms below.
Apply by 7/25/20 and close by 10/28/20 to get this offer. Offer is only available by clicking this link and following the steps on the Better.com website.
I just signed the closing docs to refinance my home. Was an easy process with them. 15year loan, 2.875% interest rate. Total refinance fees were $2517 (no appraisal requested). With the $2500 statement credit it cost me $17 and time to lock in a great refinance rate. Also no longer paying PMI as I was with the orginal loan.
Awesome amex deal!
Edit: also wanted to point out that this deal would include a free appraisal, if not waived.
https://www.americanexp
2. Very few banks won't charge you a refinance fee. How do you think these brokers/banks make money if most mortgages aren't finished.
3. I refinanced my 4.125% 30 year loan to a 2.875% 15 year loan for $17 after amex credit. I also had my PMI removed of $65. If you can't see the deal in that, go back to toilet paper deals
some maths, that 2517 will be made up alone after 3.25 years of payments from not paying the $65 PMI...
1. No appraisal fee (most lenders charge about $500) for this. So you won't see this on your fee disclosure, like you would for other lenders.
2. A statement credit on your credit card statement for $2,500 after your loan closes.
No, those should be your fees. Keep in mind you might have to bring more cash to closing for prepaid interest, and to reestablish any escrows you have. Your current lender would return your escrow once the loan is paid off.
There should be no other fees unless you buy down your rate.
You will need to tell Better if you want your taxes or home owners insurance escrowed. It is your choice.
New information from Better.com on eligibility that they PMed me about:
Hello,
I work with Better,com and wanted to see if you could please add in the following information to your post on Amex/Better,com deal as it reads incorrect as it stands, especially regarding eligibility. We want to make sure the offer is stated as accurately as possible:
1) Mortgage rates of any specific customer, stated or otherwise, should not be taken as indicative of a mortgage rate available to all customers. Pricing is based on a number of factors, including the individual credit profile of a potential borrower.
2) The offer is only available to those borrowers who have been marketed to directly by American Express, and those who have not received the offer on their Amex portal or via email are not eligible.
Sign up for a Slickdeals account to remove this ad.
New information from Better.com on eligibility that they PMed me about:
Hello,
I work with Better,com and wanted to see if you could please add in the following information to your post on Amex/Better,com deal as it reads incorrect as it stands, especially regarding eligibility. We want to make sure the offer is stated as accurately as possible:
1) Mortgage rates of any specific customer, stated or otherwise, should not be taken as indicative of a mortgage rate available to all customers. Pricing is based on a number of factors, including the individual credit profile of a potential borrower.
2) The offer is only available to those borrowers who have been marketed to directly by American Express, and those who have not received the offer on their Amex portal or via email are not eligible.
$2,500 Statement Credit
To be eligible for the $2,500 statement credit, you must (i) click-through the dedicated offer link, and (ii) submit a completed application on Better's webpage dedicated to the offer no later than 7/25/2020, and (iii) close on your mortgage no later than 10/28/2020. You will not be eligible for the statement credit if your mortgage closes after 10/28/2020 for any reason, even if you do not control the closing date. To be eligible for the statement credit, you must continue to be an eligible Card Member from the time you receive this offer, through the closing of your mortgage, and until the statement credit is applied to your Card account. The name or email associated with your eligible Card will need to match the information in your mortgage application in order to receive the Credit.
I feel like with all this information sent to me, I don't see how they can deny anyone that credit. Maybe they had a rush of applications and now they are starting to back track a bit since the offer link is generic. We'll see! Process has been great so far!
Join The Conversation
Share your experience with the Slickdeals community
Share information with the community. Please follow our Community Guidelines and be kind!