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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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Jun 13, 2020
2,520 Posts
Joined Aug 2007
Jun 13, 2020
sleekwallet
Jun 13, 2020
2,520 Posts
Quote from Yuge :
Anyone tried in PA, what is the rate and closing cost after lender credit. I am not able to find great quotes as foiks have mentioned. Any pointers on good mortgage companies - tried Sofi, Lenderfi, Aimloan, LoanDepot, Rocket, Provident and Amerisave.
it depends on your zipcode , credit score, and amount. Hard to compare nationwide
Jun 13, 2020
1,127 Posts
Joined Oct 2008
Jun 13, 2020
ptmtctetpstmstcstest
Jun 13, 2020
1,127 Posts
Quote from daftsynth :
I'm in Illinois. I'm using Ravenswood Title. They were almost half better.com quote. It looks like they service Georgia

Any feedback for Ravenswood Title from your experience?
Jun 13, 2020
124 Posts
Joined Jan 2016
Jun 13, 2020
kapuju
Jun 13, 2020
124 Posts
Quote from vega07 :
I had this offer added earlier this year and I remember it said expires sometime in July...now I can't find it on my Amex app anymore. Am I still eligible?
I'm in the same boat. Does anyone know?
Pro
Jun 13, 2020
5,205 Posts
Joined Feb 2008
Jun 13, 2020
unlvrebels
Pro
Jun 13, 2020
5,205 Posts
You could save up to 40% by shopping for title insurance and asking for reissue rate if you have refinanced recently. YOU NEED TO ASK FOR IT ELSE YOU WON'T GET IT. I wish I knew this earlier. I just wanted to spread the information.

- Lender's Title Insurance: There are few big underwriters (such has First American Title Insurance Company, Chicago Title Insurance Co, Fidelity National Title Insurance Company; just go their website and get pricing after reissue credit) who provides this service. The cost depends upon property value, zipcode and insurance company. It is $950 (max around $1200) for my property. I am eligible for a reissue credit of about $450 (since I refinanced during Nov 2019). I just provided a copy of previous title insurance document. Some companies have their own offices locally. Else they work with independent agents (who work with many underwriters).

- Title Settlement Fee: The Title Company/Agent does paperwork. They charge a flat fee ($450-700 or more). In some states, their fee is fixed. They get title insurance pricing information from various underwriters and will choose one.

- Go to this site and look for various tile insurance companies for your zipcode. You can call them (or visit their website) and get pricing and reissue credit information:
https://www.homeclosing101.org/fi...o-help-you

- Checkout Title Forward (Redfin). Services few states such as for Colorado, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, Pennsylvania, Tennessee, Texas, Virginia, Washington D.C., and Wisconsin. They have good rates. However their website gives quote for states where they dont service also.
https://www.titleforward.com/


Check out this from ABC news:
https://abcnews.go.com/Business/h...t%20common.
"If you are refinancing -- or buying a house that the seller purchased less than 10 years ago -- the reissue rate is available to you. The idea is that a shorter time period means a shorter title search so a "shorter" fee is in order. The discount ranges from 25 to 60 percent off, with 40 percent being the most common.

Here's the rub: Many title companies won't offer the reissue rate unless you ask, and believe it or not, the government doesn't require them to. So ask. Inquire. Demand! In order to qualify for the reissue rate, you may have to provide proof that there is a valid title insurance policy in place. If you are refinancing, that's easy. Just dig up your old policy. If you are buying, ask the seller if they can provide a copy of their title policy. Most sellers will happily do this because they are asking the same favor of whomever they are buying their next house from."
Last edited by unlvrebels June 13, 2020 at 12:10 PM.
Jun 13, 2020
384 Posts
Joined Apr 2016
Jun 13, 2020
physio1213
Jun 13, 2020
384 Posts
Quote from unlvrebels :
You could save up to 40% by shopping for title insurance and asking for reissue rate if you have refinanced recently. YOU NEED TO ASK FOR IT ELSE YOU WON'T GET IT. I wish I knew this earlier. I just wanted to spread the information.

- Lender's Title Insurance: There are few big underwriters (such has First American Title Insurance Company, Chicago Title Insurance Co, Fidelity National Title Insurance Company; just go their website and get pricing after reissue credit) who provides this service. The cost depends upon property value, zipcode and insurance company. It is $950 (max around $1200) for my property. I am eligible for a reissue credit of about $450 (since I refinanced during Nov 2019). I just provided a copy of previous title insurance document. Some companies have their own offices locally. Else they work with independent agents (who work with many underwriters).

- Title Settlement Fee: The Title Company/Agent does paperwork. They charge a flat fee ($450-700 or more). In some states, their fee is fixed. They get title insurance pricing information from various underwriters and will choose one.

- Go to this site and look for various tile insurance companies for your zipcode. You can call them (or visit their website) and get pricing and reissue credit information:
https://www.homeclosing101.org/fi...o-help-you

- Checkout Title Forward (Redfin). Services few states such as for Colorado, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, Pennsylvania, Tennessee, Texas, Virginia, Washington D.C., and Wisconsin. They have good rates. However their website gives quote for states where they dont service also.
https://www.titleforward.com/


Check out this from ABC news:
https://abcnews.go.com/Business/h...t%20common.
"If you are refinancing -- or buying a house that the seller purchased less than 10 years ago -- the reissue rate is available to you. The idea is that a shorter time period means a shorter title search so a "shorter" fee is in order. The discount ranges from 25 to 60 percent off, with 40 percent being the most common.

Here's the rub: Many title companies won't offer the reissue rate unless you ask, and believe it or not, the government doesn't require them to. So ask. Inquire. Demand! In order to qualify for the reissue rate, you may have to provide proof that there is a valid title insurance policy in place. If you are refinancing, that's easy. Just dig up your old policy. If you are buying, ask the seller if they can provide a copy of their title policy. Most sellers will happily do this because they are asking the same favor of whomever they are buying their next house from."
Reissue is only for recent refinancing or recent buying also.?? I closed on my new house in May 19 wondering if the consider reissue for buying a house.
Jun 14, 2020
1,412 Posts
Joined Jan 2020
Jun 14, 2020
SiennaDeer8270
Jun 14, 2020
1,412 Posts
Quote from unlvrebels :
You could save up to 40% by shopping for title insurance and asking for reissue rate if you have refinanced recently. YOU NEED TO ASK FOR IT ELSE YOU WON'T GET IT. I wish I knew this earlier. I just wanted to spread the information.

- Lender's Title Insurance: There are few big underwriters (such has First American Title Insurance Company, Chicago Title Insurance Co, Fidelity National Title Insurance Company; just go their website and get pricing after reissue credit) who provides this service. The cost depends upon property value, zipcode and insurance company. It is $950 (max around $1200) for my property. I am eligible for a reissue credit of about $450 (since I refinanced during Nov 2019). I just provided a copy of previous title insurance document. Some companies have their own offices locally. Else they work with independent agents (who work with many underwriters).

- Title Settlement Fee: The Title Company/Agent does paperwork. They charge a flat fee ($450-700 or more). In some states, their fee is fixed. They get title insurance pricing information from various underwriters and will choose one.

- Go to this site and look for various tile insurance companies for your zipcode. You can call them (or visit their website) and get pricing and reissue credit information:
https://www.homeclosing101.org/fi...o-help-you

- Checkout Title Forward (Redfin). Services few states such as for Colorado, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, Pennsylvania, Tennessee, Texas, Virginia, Washington D.C., and Wisconsin. They have good rates. However their website gives quote for states where they dont service also.
https://www.titleforward.com/


Check out this from ABC news:
https://abcnews.go.com/Business/h...t%20common.
"If you are refinancing -- or buying a house that the seller purchased less than 10 years ago -- the reissue rate is available to you. The idea is that a shorter time period means a shorter title search so a "shorter" fee is in order. The discount ranges from 25 to 60 percent off, with 40 percent being the most common.

Here's the rub: Many title companies won't offer the reissue rate unless you ask, and believe it or not, the government doesn't require them to. So ask. Inquire. Demand! In order to qualify for the reissue rate, you may have to provide proof that there is a valid title insurance policy in place. If you are refinancing, that's easy. Just dig up your old policy. If you are buying, ask the seller if they can provide a copy of their title policy. Most sellers will happily do this because they are asking the same favor of whomever they are buying their next house from."
How much was your title insurance fee and settlement fee before the discount? Many of us may already be given this rate from the start. For example, title insurance fee of $550 and settlement fee of $550.
Jun 14, 2020
234 Posts
Joined Dec 2007
Jun 14, 2020
KristinOC
Jun 14, 2020
234 Posts
Quote from unlvrebels :
You could save up to 40% by shopping for title insurance and asking for reissue rate if you have refinanced recently. YOU NEED TO ASK FOR IT ELSE YOU WON'T GET IT. I wish I knew this earlier. I just wanted to spread the information.

- Lender's Title Insurance: There are few big underwriters (such has First American Title Insurance Company, Chicago Title Insurance Co, Fidelity National Title Insurance Company; just go their website and get pricing after reissue credit) who provides this service. The cost depends upon property value, zipcode and insurance company. It is $950 (max around $1200) for my property. I am eligible for a reissue credit of about $450 (since I refinanced during Nov 2019). I just provided a copy of previous title insurance document. Some companies have their own offices locally. Else they work with independent agents (who work with many underwriters).

- Title Settlement Fee: The Title Company/Agent does paperwork. They charge a flat fee ($450-700 or more). In some states, their fee is fixed. They get title insurance pricing information from various underwriters and will choose one.

- Go to this site and look for various tile insurance companies for your zipcode. You can call them (or visit their website) and get pricing and reissue credit information:
https://www.homeclosing101.org/fi...o-help-you

- Checkout Title Forward (Redfin). Services few states such as for Colorado, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, Pennsylvania, Tennessee, Texas, Virginia, Washington D.C., and Wisconsin. They have good rates. However their website gives quote for states where they dont service also.
https://www.titleforward.com/


Check out this from ABC news:
https://abcnews.go.com/Business/h...t%20common.
"If you are refinancing -- or buying a house that the seller purchased less than 10 years ago -- the reissue rate is available to you. The idea is that a shorter time period means a shorter title search so a "shorter" fee is in order. The discount ranges from 25 to 60 percent off, with 40 percent being the most common.

Here's the rub: Many title companies won't offer the reissue rate unless you ask, and believe it or not, the government doesn't require them to. So ask. Inquire. Demand! In order to qualify for the reissue rate, you may have to provide proof that there is a valid title insurance policy in place. If you are refinancing, that's easy. Just dig up your old policy. If you are buying, ask the seller if they can provide a copy of their title policy. Most sellers will happily do this because they are asking the same favor of whomever they are buying their next house from."
I've purchase the house in December 2019. I have refinance in 2/26/2020 and now just signed closing docs on the 6/11/2020 for another refinance. I am able to get reissue rate from the refinance I did on 2/26/2020 and also on this recent one?

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Pro
Jun 14, 2020
5,205 Posts
Joined Feb 2008
Jun 14, 2020
unlvrebels
Pro
Jun 14, 2020
5,205 Posts
Quote from physio1213 :
Reissue is only for recent refinancing or recent buying also.?? I closed on my new house in May 19 wondering if the consider reissue for buying a house.
I know it works for refinance. As per the ABC article, it works for purchase also.
"If you are buying, ask the seller if they can provide a copy of their title policy. Most sellers will happily do this because they are asking the same favor of whomever they are buying their next house from."

Quote from SiennaDeer8270 :
How much was your title insurance fee and settlement fee before the discount? Many of us may already be given this rate from the start. For example, title insurance fee of $550 and settlement fee of $550.
I am refinancing both primary residence and investment property.

For PR, title insurance and settlement fees are $451 and $495 (as per Better's LE). When I called the title company shown on the LE, they mentioned that this is the lowest rate and I did not shop around.

For my IP (different state), the title insurance and settlement was $1100 and $500. I shopped around and found out that the title insurance ranged between $950 and $1100. After reissue credit, it was around $400-450. The settlement fee in certain states are fixed. I am not sure whether I have to use to title agent in the state where the property is or not.

Quote from KristinOC :
I've purchase the house in December 2019. I have refinance in 2/26/2020 and now just signed closing docs on the 6/11/2020 for another refinance. I am able to get reissue rate from the refinance I did on 2/26/2020 and also on this recent one?
I believe reissue rate applies only, if you ask for it prior to closing. I dont think you can get refund of title insurance for those properties that you closed few weeks or months ago. I could be wrong.
Jun 14, 2020
234 Posts
Joined Dec 2007
Jun 14, 2020
KristinOC
Jun 14, 2020
234 Posts
Quote from unlvrebels :
I know it works for refinance. As per the ABC article, it works for purchase also.
"If you are buying, ask the seller if they can provide a copy of their title policy. Most sellers will happily do this because they are asking the same favor of whomever they are buying their next house from."



I am refinancing both primary residence and investment property.

For PR, title insurance and settlement fees are $451 and $495 (as per Better's LE). When I called the title company shown on the LE, they mentioned that this is the lowest rate and I did not shop around.

For my IP (different state), the title insurance and settlement was $1100 and $500. I shopped around and found out that the title insurance ranged between $950 and $1100. After reissue credit, it was around $400-450. The settlement fee in certain states are fixed. I am not sure whether I have to use to title agent in the state where the property is or not.



I believe reissue rate applies only, if you ask for it prior to closing. I dont think you can get refund of title insurance for those properties that you closed few weeks or months ago. I could be wrong.
Thanks for posting this information. I've check my policy and the title policy was cheaper $680 on my refinance than my original purchase$1,080.
Jun 14, 2020
10,362 Posts
Joined Dec 2006
Jun 14, 2020
Switching2Geico
Jun 14, 2020
10,362 Posts
Quote from JohnC14 :
Just locked today in nor cali $490k @ 2.75% 20 year with ~2000 lender credit, 50% LTV with 780+ score. Was matching for 2.75% 30 year with 1k in points from another vendor, and Better beat it by 1k making it no cost. I compared the same rate rock between 30 and 20 year, and decided to go with 20 year for now as there will be more cash at hand.
Can u please tell me who gave u the 2.75 % rate 20 year quote?
Jun 14, 2020
10,362 Posts
Joined Dec 2006
Jun 14, 2020
Switching2Geico
Jun 14, 2020
10,362 Posts
Quote from SDRebel :
Everyone from CA said owning
Thanks
Jun 14, 2020
10,362 Posts
Joined Dec 2006
Jun 14, 2020
Switching2Geico
Jun 14, 2020
10,362 Posts
Currently in a 30 year with 26 years left at 3.25 apr fixed. Loan 560k

Owning just quoted me 2.99 apr no fees IF i pay down to 510k for 21 year mortgage. I was looking at 20 year.

Weird but owning apparently does not do 20
Year mortgage.
Jun 14, 2020
1,960 Posts
Joined Nov 2007
Jun 14, 2020
Rhizzlebop
Jun 14, 2020
1,960 Posts
Closed my better refi May 2nd. Still looking for my $2500. It's been about 6 weeks now. Shouldn't it be hitting m6 Amex any day now or am I prob another month from getting it?
Jun 14, 2020
3,042 Posts
Joined Feb 2010
Jun 14, 2020
balla123
Jun 14, 2020
3,042 Posts
Quote from JohnC14 :
Just locked today in nor cali $490k @ 2.75% 20 year with ~2000 lender credit, 50% LTV with 780+ score. Was matching for 2.75% 30 year with 1k in points from another vendor, and Better beat it by 1k making it no cost. I compared the same rate rock between 30 and 20 year, and decided to go with 20 year for now as there will be more cash at hand.
curuous what is your closing costs?

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Jun 14, 2020
1,280 Posts
Joined Oct 2007
Jun 14, 2020
Nailer
Jun 14, 2020
1,280 Posts
has anyone canceled the loan process after appraisal is done, but before closing, any idea how much better charges and process for the same?

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