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Greenworld123 1.4M Views
Dec 8, 2019 2:27 PM

Amex offer: $2,500 statement credit for home refinance Better.com

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Must have an amex to add offer to your account. Details:

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.

https://www.americanexpress.com/u...-OfferHub2

EDIT information from Better.com!!!!!!!!!!!!!!!!!!!!!!!!!
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.
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Must have an amex to add offer to your account. Details:

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.

https://www.americanexpress.com/u...-OfferHub2

EDIT information from Better.com!!!!!!!!!!!!!!!!!!!!!!!!!
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.

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9.8K Comments

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Mar 12, 2020 8:36 PM
4.3K Comments
Joined Jun 2010
alMacMar 12, 2020 8:36 PM
4.3K Comments
Quote from LeaninBack916 View quoted comment :
good lock. Market going wild right now. Not only are rates higher but theyre all so busy they cant see straight.
Looking at them. Is there a way from them to get a quote without giving up all the information?
Mar 12, 2020 8:41 PM
2.6K Comments
Joined Feb 2008
LeaninBack916Mar 12, 2020 8:41 PM
2.6K Comments
Quote from alMac View quoted comment :
Looking at them. Is there a way from them to get a quote without giving up all the information?
yeah just take a look on their site? You dont have to give up that much besides loan amount, value, etc.

EDIT: I just looked and all you have to do is your name and last four of your ssn. They do a soft check and then you can take a peek? If you are just looking for baseline rates look at your local CU offerings if you dont want a soft check.
Mar 12, 2020 9:53 PM
964 Comments
Joined Apr 2012
Firebird2k6Mar 12, 2020 9:53 PM
964 Comments
Their rates seem high. Ran through the process. Imagine they haven't dropped all the way yet?

Currently 2.3% but that's up for a 5 year update this fall
Mar 12, 2020 11:59 PM
805 Comments
Joined Sep 2006
ychen07Mar 12, 2020 11:59 PM
805 Comments
delete
Last edited by ychen07 March 12, 2020 at 05:35 PM.
Mar 13, 2020 4:42 PM
1.9K Comments
Joined Nov 2006
pitt23fanMar 13, 2020 4:42 PM
1.9K Comments
I locked a rate yesterday with First Internet Bank at 3.375% for $141 in total closing costs on a 30 year fixed.
Mar 13, 2020 5:18 PM
3.7K Comments
Joined Jul 2012
MilesHunterMar 13, 2020 5:18 PM
3.7K Comments
Damn rates are straight trash today.
Mar 13, 2020 5:27 PM
37 Comments
Joined Jan 2011
aamir_24Mar 13, 2020 5:27 PM
37 Comments
where is that idiot who keeps speculating that rates will go below 2%

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Mar 13, 2020 5:52 PM
34 Comments
Joined Dec 2016
JustanotherrandomguyMar 13, 2020 5:52 PM
34 Comments
I closed my refi with Quicken on Tuesday and they are sending the check to my current lender on Monday (After 3 business days of closing).
Quicken loan was ZERO cost Refi (Lender credits covered the costs and went to quicken through my local broker)

I have an application and rate locked open with Better.

If Better agrees (because of change of the lender/mortage holder mentioned in my loan application to in reality) , I would like to close my loan in next week or 2 with them to get this credit.
  1. Is there anywhere in the law that prohibits me from Refi for some period of time? (The closing attorney said I can refi whenever I want but the banks cannot approach me/advertise me to refi for 6 months)
  2. If I close with Better, will quicken come back and make me pay the costs incurred on the loan by them?

Thanks for your time.
Last edited by Justanotherrandomguy March 13, 2020 at 10:55 AM.
Mar 13, 2020 5:57 PM
138 Comments
Joined Sep 2009
rwerns21Mar 13, 2020 5:57 PM
138 Comments
Quote from aamir_24 View quoted comment :
where is that idiot who keeps speculating that rates will go below 2%
I feel good about my 3.5% 30 year fixed getting paid $500 after costs + $2500 Amex credit! Glad I didn't listen to everyone saying to wait! Better to get a great rate and not deal with the crazy ness going on right now!
Mar 13, 2020 5:58 PM
1.9K Comments
Joined Dec 2011
summi99Mar 13, 2020 5:58 PM
1.9K Comments
Quote from aamir_24 View quoted comment :
where is that idiot who keeps speculating that rates will go below 2%
Lol. That guy was a troll "deer". Hope he locked at his imaginary 2% rate or is still waiting for it to go down to -1%. LMAO
Mar 13, 2020 6:11 PM
2.6K Comments
Joined Feb 2008
LeaninBack916Mar 13, 2020 6:11 PM
2.6K Comments
Quote from aamir_24 View quoted comment :
where is that idiot who keeps speculating that rates will go below 2%
There were a few people saying that. I think the demand will keep propping them up to around 3% no matter where the rates go. So the lender's will be artificially making even more money lending. A win-win for them.
Mar 13, 2020 7:31 PM
3.7K Comments
Joined Jul 2012
MilesHunterMar 13, 2020 7:31 PM
3.7K Comments
Quote from LeaninBack916 View quoted comment :
There were a few people saying that. I think the demand will keep propping them up to around 3% no matter where the rates go. So the lender's will be artificially making even more money lending. A win-win for them.
The real question is if we go into a holding pattern. I'm at 4.375 on my loan right now. I want 3% but at nowhere near the cost of what it is right now.
Mar 13, 2020 9:31 PM
44 Comments
Joined Apr 2012
shochuuMar 13, 2020 9:31 PM
44 Comments
This deal should be basically considered dead at this point. Rates have jumped almost 1.5 percent in a week.
Mar 13, 2020 9:38 PM
6.5K Comments
Joined Jun 2005
PhantasmXMar 13, 2020 9:38 PM
6.5K Comments
Quote from shochuu View quoted comment :
This deal should be basically considered dead at this point. Rates have jumped almost 1.5 percent in a week.
Typical. Demand outstripped supply.

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Mar 13, 2020 10:02 PM
138 Comments
Joined Sep 2009
rwerns21Mar 13, 2020 10:02 PM
138 Comments
Hope everyone got in that wanted to. I can't imagine working with any lender right now would be an enjoyable experience.

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