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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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May 28, 2020
33 Posts
Joined May 2006
May 28, 2020
Huzordaddy
May 28, 2020
33 Posts
My $2500 credit appeared on my online statement today, backdated to 5/20/2020.
Funding date was 4/2/2020 so eight weeks to get the credit.
May 28, 2020
44 Posts
Joined Apr 2012
May 28, 2020
shochuu
May 28, 2020
44 Posts
Bought my first home using this!
3.25% 30 year fixed.
Closed april 2nd, just recieved credit on my Blue Cash Everyday today!
May 28, 2020
211 Posts
Joined Dec 2006
May 28, 2020
volkl23
May 28, 2020
211 Posts
Quote from Huzordaddy :
My $2500 credit appeared on my online statement today, backdated to 5/20/2020.
Funding date was 4/2/2020 so eight weeks to get the credit.
Got my credit as well today. Closing was 3/26 and funded on 3/29. Just short of 9 weeks.
Pro
May 28, 2020
5,205 Posts
Joined Feb 2008
May 28, 2020
unlvrebels
Pro
May 28, 2020
5,205 Posts
Quote from TandemBike :
Where did you get the offer you sent to Better?
Quote from Huzordaddy :
My $2500 credit appeared on my online statement today, backdated to 5/20/2020.
Funding date was 4/2/2020 so eight weeks to get the credit.
Quote from shochuu :
Bought my first home using this!
3.25% 30 year fixed.
Closed april 2nd, just recieved credit on my Blue Cash Everyday today!
Quote from volkl23 :
Got my credit as well today. Closing was 3/26 and funded on 3/29. Just short of 9 weeks.
I got my offer from AnnieMac.

Great! Thanks for the update.

Did you get an email from AMEX about this offer or did you just use the link in this post and started the application process?
Last edited by unlvrebels May 28, 2020 at 11:04 AM.
May 28, 2020
211 Posts
Joined Dec 2006
May 28, 2020
volkl23
May 28, 2020
211 Posts
Quote from unlvrebels :
Great! Thanks for the update.

Did you get an email from AMEX about this offer or did you just use the link in this post and started the application process?
No notification. It only appears on your CC statement as a $2500 Better.com credit.
May 28, 2020
645 Posts
Joined May 2013
May 28, 2020
MBster
May 28, 2020
645 Posts
Just curious and I know it's a long shot - anyone worked with a Zachary D at Better?
Pro
May 28, 2020
5,205 Posts
Joined Feb 2008
May 28, 2020
unlvrebels
Pro
May 28, 2020
5,205 Posts
Quote from volkl23 :
No notification. It only appears on your CC statement as a $2500 Better.com credit.
I was referring to how you started the application. Did you get an invitation email from AMEX Better promo or just used the link in this post to sign up with Better and started the process.

I did not get an email from AMEX about this deal. I just used the link from this post. Better staff confirmed that I will get $2500 credit. Few here said that signing up from the link is sufficient to get credit from AMEX.

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May 28, 2020
7,484 Posts
Joined Sep 2008
May 28, 2020
DogAndPony
May 28, 2020
7,484 Posts
Quote from MBster :
Just curious and I know it's a long shot - anyone worked with a Zachary D at Better?
That's who I worked with
May 28, 2020
356 Posts
Joined Nov 2009
May 28, 2020
dealsninjaz401
May 28, 2020
356 Posts
Adding in my experience with Lenderfi since Better.com doesn't service mortgages in my state and Rocket quotes were just nowhere near Lenderfi.

They definitely know people are using their estimates to match elsewhere, my rep was very clear they didn't want their time wasted and honestly was a little pushy. That being said, I got in at a refi at 3% for a 30 year, could have taken a 2.625 for 15 but in my situation it made a little more sense to do the 30 and just do more on principle. Will have to do a pretty large amount extra to get over PMI in a little over a year. Refi costed $0, they are saying they can close in around a month, we'll see.

Fun fact, once you reach 80% you can write in to have PMI removed, else the automatic removal happens at 78%, which time wise would be a year afterwards. Not talking a significant amount of money but money nonetheless going to nothing if you don't pay attention.
May 28, 2020
17 Posts
Joined Nov 2013
May 28, 2020
Jukebug
May 28, 2020
17 Posts
If LenderFi is no longer offering easy access to LEs, what is the next best online option for price matching at Better? I have already started the process with a local mortgage firm, but Bankrate isn't showing me anything too promising.
May 28, 2020
606 Posts
Joined Dec 2013
May 28, 2020
cdancer20
May 28, 2020
606 Posts
Quote from dealsninjaz401 :
Adding in my experience with Lenderfi since Better.com doesn't service mortgages in my state and Rocket quotes were just nowhere near Lenderfi.

They definitely know people are using their estimates to match elsewhere, my rep was very clear they didn't want their time wasted and honestly was a little pushy. That being said, I got in at a refi at 3% for a 30 year, could have taken a 2.625 for 15 but in my situation it made a little more sense to do the 30 and just do more on principle. Will have to do a pretty large amount extra to get over PMI in a little over a year. Refi costed $0, they are saying they can close in around a month, we'll see.

Fun fact, once you reach 80% you can write in to have PMI removed, else the automatic removal happens at 78%, which time wise would be a year afterwards. Not talking a significant amount of money but money nonetheless going to nothing if you don't pay attention.
Make sure that you have the in writing. Some banks will not allow you to remove PMI before 2 years even if you are over 80%. I think that's a Fannie Mae rule.
May 28, 2020
29 Posts
Joined Aug 2011
May 28, 2020
parren
May 28, 2020
29 Posts
FYI for those waiting for amex credit - My loan on funded on 03/31 and received amex credit today.
May 28, 2020
211 Posts
Joined Dec 2006
May 28, 2020
volkl23
May 28, 2020
211 Posts
I've heard mixed results with trying to do a rate match vs a credit union. Has anyone shopped around and used a Loan Estimate from a credit union?

Was it accepted or rejected?
May 28, 2020
25 Posts
Joined Jan 2015
May 28, 2020
monsterjunkie
May 28, 2020
25 Posts
I signed up using the provided link, but I'm honestly skeptical that it's going to register to my account. I did the application, was pre-approved etc. but didn't get all the way through to locking in the rate. I've come back another day, back into the same account and am thinking that it may not actually link to my Amex account properly...

Is there someone I can reach out to and ask if locking in my rate now (despite a number of days passing since signing up through the link) will still provide me with the $2,500 credit? Amex? Better.com?

It also states there would be a free appraisal ($550 credit) but when I was told to lock in the rate I would have to pay the appraisal deposit. Is that free appraisal apart of the $2,500 credit or do you get additional money back?
Last edited by monsterjunkie May 28, 2020 at 02:09 PM.

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May 28, 2020
606 Posts
Joined Dec 2013
May 28, 2020
cdancer20
May 28, 2020
606 Posts
Quote from monsterjunkie :
I signed up using the provided link, but I'm honestly skeptical that it's going to register to my account. I did the application, was pre-approved etc. but didn't get all the way through to locking in the rate. I've come back another day, back into the same account and am thinking that it may not actually link to my Amex account properly...

Is there someone I can reach out to and ask if locking in my rate now (despite a number of days passing since signing up through the link) will still provide me with the $2,500 credit? Amex? Better.com?

It also states there would be a free appraisal ($550 credit) but when I was told to lock in the rate I would have to pay the appraisal deposit. Is that free appraisal apart of the $2,500 credit or do you get additional money back?
On your account online, look at the "My Team" section. You have a dedicated Conceirge there that will be able to tell you if you are under the Amex application.

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