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expired Posted by Greenworld123 • Dec 8, 2019
expired Posted by Greenworld123 • Dec 8, 2019

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

American Express Giftcards
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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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9,848 Comments

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Apr 29, 2020
352 Posts
Joined Dec 2019
Apr 29, 2020
wandl
Apr 29, 2020
352 Posts
Quote from bluking :
i finally locked in at 2.75% for 15 yr with 0 points. A+B+C+E-lender credit was $1100. Also made sure that my amex was eligible for the $2500 credit. My initial estimate shows 6 months of real estate taxes in prepaids, is this normal? will this change before closing?
Yes - some of those can be variables you discuss with your processor; for mine they initially prepaid 8 months, I had them edit to 6.
Great rate, 0 points, good deal congrats!
Pro
Apr 29, 2020
6,739 Posts
Joined Dec 2010
Apr 29, 2020
bluking
Pro
Apr 29, 2020
6,739 Posts
Quote from leemaverickly :
Congrats!! I think you could just ask them why the taxes are not in escrows. Question for you. Which lender did you price match to? Better currently shows to me $2613 pts for 2.75%.
Price matched with liberty bank. Give it a shot.
Pro
Apr 29, 2020
6,739 Posts
Joined Dec 2010
Apr 29, 2020
bluking
Pro
Apr 29, 2020
6,739 Posts
Quote from wandl :
Yes - some of those can be variables you discuss with your processor; for mine they initially prepaid 8 months, I had them edit to 6.
Great rate, 0 points, good deal congrats!
Gotcha. Thanks.
Apr 29, 2020
1,279 Posts
Joined May 2007
Apr 29, 2020
ncsgsydn
Apr 29, 2020
1,279 Posts
Quote from bluking :
Price matched with liberty bank. Give it a shot.
Thanks
Apr 29, 2020
1,005 Posts
Joined Mar 2019
Apr 29, 2020
CycloneFW
Apr 29, 2020
1,005 Posts
Quote from avatar13 :
Interesting i didn't realize the escrow had a better rate. I opted for the non-escrow loan. If you don't mind me asking what is your loan amount requested? You bested my non-escrow rate by a little (3% vs 3.25%).
$135k
Apr 30, 2020
1,960 Posts
Joined Nov 2007
Apr 30, 2020
Rhizzlebop
Apr 30, 2020
1,960 Posts
Anyone have luck with this offer on a rental house? I'm closing a refi on our primary in a few days.

We have a rental worth about 140k. Owe 56 with about 6 yrs left on a 15 at 3.75%. Not serif there is money to be made or saved here or if I should pull 50k in cash out to invest in another house or two or to buy a few nice stocks in a recession.

Thoughts?
Apr 30, 2020
1,510 Posts
Joined Aug 2009
Apr 30, 2020
coolmann
Apr 30, 2020
1,510 Posts
Quote from SDRebel :
I wonder if the higher fees are due to the heloc? I've been told at some places that the rate when you have a heloc will be higher..so maybe you are buying down the rate?
I also need to refi wiht a heloc
Yes, that's what happened to us. Our loan costs (points) were higher due to the heloc. I was able get a manager to lower those costs though, with a nice long email about how financially responsible we are in our family. So it's worth asking the closing agent about it.

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Apr 30, 2020
25 Posts
Joined Apr 2020
Apr 30, 2020
wj_cm
Apr 30, 2020
25 Posts
Quote from iuku :
Any one here shopped for title insurance and settlement fees? Any recommendations?
Ticor Title saved me $400 comparaed to Spruce that Better originally identified.
Apr 30, 2020
326 Posts
Joined Oct 2004
Apr 30, 2020
quikie
Apr 30, 2020
326 Posts
Quote from wj_cm :
Ticor Title saved me $400 comparaed to Spruce that Better originally identified.
On the original loan estimate, better said title costs will be $1600 but on my final document it was $700.
Apr 30, 2020
2,215 Posts
Joined Jun 2009
Apr 30, 2020
firefox15
Apr 30, 2020
2,215 Posts
Can anyone comment how long it took to get a Loan Estimate from Sofi after application?
Apr 30, 2020
1,455 Posts
Joined Apr 2006
Apr 30, 2020
mylulu2023
Apr 30, 2020
1,455 Posts
Should i lock rate 3.125 / 20 years with $800 closing fee ?
Apr 30, 2020
7,123 Posts
Joined Dec 2008
Apr 30, 2020
unlimitedx
Apr 30, 2020
7,123 Posts
Anyone still seeing this Amex offer recently for those who didn't add it early on?
Apr 30, 2020
3,275 Posts
Joined Feb 2014
Apr 30, 2020
iuku
Apr 30, 2020
3,275 Posts
Quote from therock_80 :
Should i lock rate 3.125 / 20 years with $800 closing fee ?
I got 3% for 30 year so you can get better than 3.125 for 20years, I think. Try lending tree, Costco mortgage program
Apr 30, 2020
43 Posts
Joined Jun 2017
Apr 30, 2020
tqnguyen100
Apr 30, 2020
43 Posts
Can someone show me how to access this deal through my Amex?
1

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Apr 30, 2020
184 Posts
Joined May 2014
Apr 30, 2020
barcod21
Apr 30, 2020
184 Posts
Has anyone actually received the $1000 from Better for not being able to beat another lender? I am locked in with them but got another quote locally that matched the rate and was about 2500 less in closing costs. If you count in the AMEX 2500 they would have been similar. Better told me that they couldn't beat the local lender and told me what I would need to provide to get the $1000.00 back after I close with the other lender but I'm wondering if anyone else has gone through this and if they had any problems getting Better.com to pay.

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