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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
9,848 Comments 1,320,625 Views
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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 17, 2020
489 Posts
Joined Feb 2012
Jun 17, 2020
Mikey122687
Jun 17, 2020
489 Posts
Quote from baronvdb :
Went ahead and rate locked with better.com tonight.

I'm waiting on one more LE to come back but I'd be surprised if it's better than what I just locked and I didn't want this rate to get away from me.
What's ABC and Credit looks like?
Jun 17, 2020
568 Posts
Joined Sep 2014
Jun 17, 2020
Evils
Jun 17, 2020
568 Posts
Quote from baronvdb :
Went ahead and rate locked with better.com tonight.

I'm waiting on one more LE to come back but I'd be surprised if it's better than what I just locked and I didn't want this rate to get away from me.
Wow! I closed a very similar mortgage sum on 15yrs for 2.875%!

What's your scores etc.?
Jun 17, 2020
400 Posts
Joined Mar 2005
Jun 17, 2020
pamif
Jun 17, 2020
400 Posts
After better gives the matching LE, how soon do we have to lock the rate? Will it jump after a couple of days?
Jun 17, 2020
1,017 Posts
Joined Jul 2010
Jun 17, 2020
Yuge
Jun 17, 2020
1,017 Posts
Locked today too
Jun 17, 2020
5,310 Posts
Joined Jul 2004
Jun 17, 2020
Gdog2004
Jun 17, 2020
5,310 Posts
Quote from baronvdb :
Went ahead and rate locked with better.com tonight.

I'm waiting on one more LE to come back but I'd be surprised if it's better than what I just locked and I didn't want this rate to get away from me.
Thats pretty good! What state ?
Jun 17, 2020
238 Posts
Joined Dec 2004
Jun 17, 2020
mkoch454
Jun 17, 2020
238 Posts
I applied for the Better Price Guarantee because to be honest the rates have been awful compared to what I have seen. My "team" at Better has been dodging my calls for the last 3 days. My non Better LE is 2.875 with about a 3k lender credit and Better for the same rate would cost me 10k. The whole $1000 guarantee seems like a scam at this point. Best of luck to those who have had success with them but I hope you don't end up with Arnold as your team lead.
Jun 17, 2020
34 Posts
Joined Jan 2011
Jun 17, 2020
tuck3979
Jun 17, 2020
34 Posts
Quote from baronvdb :
I've got 2.375% on the table right now from better.com for a 15 year fixed.

ABC total is $2,320 plus a $350 lender credit to bring it to $1,970. Even with the AMEX credit it wont' cover all the other closing costs (high transfer taxes in my state).

Good enough to lock it in?? What do you think?
Just as an FYI, I got a 2.25% offer yesterday from Better with $2800 in credit. Not trying to one-up you but both my brother and I got no-cost 2.25% 15 year loans in the last 24 hours. So maybe keep pushing if you can?

https://imgur.com/a/DPfMq1y

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Jun 17, 2020
256 Posts
Joined Feb 2018
Jun 17, 2020
njdealguy
Jun 17, 2020
256 Posts
Quote from mkoch454 :
I applied for the Better Price Guarantee because to be honest the rates have been awful compared to what I have seen. My "team" at Better has been dodging my calls for the last 3 days. My non Better LE is 2.875 with about a 3k lender credit and Better for the same rate would cost me 10k. The whole $1000 guarantee seems like a scam at this point. Best of luck to those who have had success with them but I hope you don't end up with Arnold as your team lead.
Totally get how frustrating that can be to try to get your deal while also trying to not come across as desperate or annoying! It also could be that they are getting slammed in past week with many new applications and may have started cherry picking to be "less" responsive in matching LEs that vastly differ from their own offerings .
Jun 17, 2020
899 Posts
Joined Aug 2010
Jun 17, 2020
JetBlast
Jun 17, 2020
899 Posts
Quote from tuck3979 :
Just as an FYI, I got a 2.25% offer yesterday from Better with $2800 in credit. Not trying to one-up you but both my brother and I got no-cost 2.25% 15 year loans in the last 24 hours. So maybe keep pushing if you can?

https://imgur.com/a/DPfMq1y
Do keep in mind your loan amount and location also play a major role. Your loan is around $325,000. I'm not getting anything close to that rate in Texas with my loan balance.
Jun 17, 2020
350 Posts
Joined Jun 2012
Jun 17, 2020
flyeaglesfly33
Jun 17, 2020
350 Posts
Quote from mkoch454 :
I applied for the Better Price Guarantee because to be honest the rates have been awful compared to what I have seen. My "team" at Better has been dodging my calls for the last 3 days. My non Better LE is 2.875 with about a 3k lender credit and Better for the same rate would cost me 10k. The whole $1000 guarantee seems like a scam at this point. Best of luck to those who have had success with them but I hope you don't end up with Arnold as your team lead.
Well this sucks. I have Arnold too. I just sent a competing LE today and hoping they get back with a match shortly. I will schedule a call if I haven't heard anything by Thursday or Friday.
Jun 17, 2020
34 Posts
Joined Jan 2011
Jun 17, 2020
tuck3979
Jun 17, 2020
34 Posts
Quote from JetBlast :
Do keep in mind your loan amount and location also play a major role. Your loan is around $325,000. I'm not getting anything close to that rate in Texas with my loan balance.
Thats a very good point. I made too many assumptions. You are correct that loan size, location, credit scores, LTV, will all impact everyone differently. Anyways good luck to everyone!
Jun 17, 2020
477 Posts
Joined Apr 2015
Jun 17, 2020
kevinguo09
Jun 17, 2020
477 Posts
Locked a rate @ 3% with 800 credits. Feels could lower but I cant find any lower ones
Jun 17, 2020
238 Posts
Joined Dec 2004
Jun 17, 2020
mkoch454
Jun 17, 2020
238 Posts
Quote from njdealguy :
Totally get how frustrating that can be to try to get your deal while also trying to not come across as desperate or annoying! It also could be that they are getting slammed in past week with many new applications and may have started cherry picking to be "less" responsive in matching LEs that vastly differ from their own offerings .
Yeah, I'm rate locked with 2 other lenders so I'm not worried at all. I'm mainly just surprised because they came highly recommended to me by others. I'm guessing I just got the back half of the bell curve when it comes to customer service. My co-borrower and I both have 800+ credit scores and are sitting on a ton of equity in our current property so I'd assume we would be an easy process.
Jun 17, 2020
238 Posts
Joined Dec 2004
Jun 17, 2020
mkoch454
Jun 17, 2020
238 Posts
Quote from flyeaglesfly33 :
Well this sucks. I have Arnold too. I just sent a competing LE today and hoping they get back with a match shortly. I will schedule a call if I haven't heard anything by Thursday or Friday.
Best of luck (from a NY Giants fan), I haven't had much success although he is always busy when I call to follow up on the process. I may have just drawn the short straw on this one.

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Jun 17, 2020
1,773 Posts
Joined May 2006
Jun 17, 2020
baronvdb
Jun 17, 2020
1,773 Posts
Quote from tuck3979 :
Just as an FYI, I got a 2.25% offer yesterday from Better with $2800 in credit. Not trying to one-up you but both my brother and I got no-cost 2.25% 15 year loans in the last 24 hours. So maybe keep pushing if you can?

https://imgur.com/a/DPfMq1y

That's really good! My loan is under $300k which I think may be the reason they can't go lower--I already tried pushing for lower cost (I didn't have a competing LE for a rate lower than 2.375%) but they said "the company only goes down to a certain point on margin for each file" and I'd hit that point.

Where did you get the 2.25% completing LE from?

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