Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Heads up, this deal has expired. Want to create a deal alert for this item?
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 1,320,636 Views
Visit Retailer
Good Deal
Save
Share
Deal Details
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.

Community Voting

Deal Score
+226
Good Deal
Visit Retailer

Leave a Comment

Unregistered (You)

9,848 Comments

Sign up for a Slickdeals account to remove this ad.

Jun 24, 2020
2,021 Posts
Joined Feb 2008
Jun 24, 2020
stm69
Jun 24, 2020
2,021 Posts
Quote from haserfauld :
I'm just kicking off the refi process. I bought a house last year near the peak of rates and am in a 30 year 4.75% loan and I'm paying PMI (cheap--$27/mo) since I'm at 18% down. The upside is that property values in my area have jumped significantly, and my home SHOULD assess over 80% LTV.

I wasn't impressed with Better.com's rates when I looked last month, and I'm still not now. But with a $2500 credit, I can buy enough points to get my net cost low enough that I'm actually beating any other rate quotes I've gotten (3.625%). Very tempted here.
This deal doesn't make much sense unless you bring a competing loan estimate to match. Better's normal rates are not competitive.
Jun 24, 2020
18 Posts
Joined May 2010
Jun 24, 2020
whizbala
Jun 24, 2020
18 Posts
Quote from lileor :
My timeline so far, refinancing both primary home and an investment property:

6/15 - Applied
6/16 - Locked rates
6/17 - Title ordered; loans conditionally approved
6/19 - Appraisal for investment property
6/20 - Appraisal report received and cleared
6/23 - Title cleared; loans submitted for final approval; passed to closing expert (they say final review should be another 48-72 hours)
Can you share the rates you were able to get for investment property? I just closed on my primary but the investment rates are not appealing and better was not able to match the market.
Jun 24, 2020
416 Posts
Joined Dec 2009
Jun 24, 2020
coffdrups
Jun 24, 2020
416 Posts
I've finally gotten a chance to start getting quotes. So far the best I've gotten is the following. What do you guys think? I can't seem to get under 3 without paying points.

OWNING: 30 year, 2.99% APR, no closing costs or points

I've submitted this to better to see if they can beat it. I'm wondering if this is a good place to start or should I keep shopping around.

EDIT: Let me know if you need more info from me. Thanks!
Last edited by coffdrups June 23, 2020 at 06:47 PM.
Jun 24, 2020
2,520 Posts
Joined Aug 2007
Jun 24, 2020
sleekwallet
Jun 24, 2020
2,520 Posts
Quote from coffdrups :
I've finally gotten a chance to start getting quotes. So far the best I've gotten is the following. What do you guys think? I can't seem to get under 3 without paying points.

OWNING: 30 year, 2.99% APR, no closing costs or points

I've submitted this to better to see if they can beat it. I'm wondering if this is a good place to start or should I keep shopping around.

I think that there is minimal risk of rates soaring anytime soon
Jun 24, 2020
1,017 Posts
Joined Jul 2010
Jun 24, 2020
Yuge
Jun 24, 2020
1,017 Posts
Quote from srp1606 :
how much was the total title fees ?
You can save few hundred what better quoted
Jun 24, 2020
8 Posts
Joined Sep 2013
Jun 24, 2020
kishorrec
Jun 24, 2020
8 Posts
Is this a decent rate for rental property:
Property in CA - Condo - 42% LTV Rate - 3.375% (Mortgage - $262,945)

D. TOTAL LOAN COSTS (A - $2,851 + B-$64 + C-$1,100) $4,015 (Also opening escrow)

I really liked the better.com loan process except for no/slow response from Dedicated Concierge Smilie

I am also doing primary with them but that was messed up due to bad appraisal. (76% LTV instead of 72%).
Jun 24, 2020
398 Posts
Joined Jul 2013
Jun 24, 2020
Golfer2000
Jun 24, 2020
398 Posts
Quote from Yuge :
I tried https://www.worldwidelandtransfer.com/ they do not charge Closing Fees, Notary Fees, Wire Fees, Courier Fees, Digital Doc Fees, Recording Processing or Settlement Fees
Did you have better match or did you actually use them?

Sign up for a Slickdeals account to remove this ad.

Jun 24, 2020
1,017 Posts
Joined Jul 2010
Jun 24, 2020
Yuge
Jun 24, 2020
1,017 Posts
Quote from Golfer2000 :
Did you have better match or did you actually use them?
Just used them, my title was cleared in a week
Jun 24, 2020
633 Posts
Joined Feb 2007
Jun 24, 2020
techoin
Jun 24, 2020
633 Posts
still waiting on statement credit after 8 weeks. did anyone get the credit recently?
Jun 24, 2020
24 Posts
Joined Dec 2012
Jun 24, 2020
HotNerd
Jun 24, 2020
24 Posts
Quote from wandl :
I was at 3.5% fixed 30yr for $400k, refi'd on 6/5 via Better for 3.25% 30yr ($280k), currently attempting a 2nd refi at 3% for 30yr (with about $1k out of pocket + escrow). I do think because I'm under the $300k loan threshold Better isn't able to go any lower; has anyone gotten a quote for lower than 3% for 30yr under $300k?

Did you match to get 3%? If yes, where did you get the match?
Jun 24, 2020
645 Posts
Joined May 2013
Jun 24, 2020
MBster
Jun 24, 2020
645 Posts
Anyone re-fi'ed out of Arvest? I got a notice from Better that my refi was funded on Monday but I don't see anything changed on the Arvest side. The web portal is showing as if nothing has happened and I'll still on track for an auto payment on 1 July. Just curious if others have had to follow up with the original lender to doubly confirm the refi went through or is it supposed to be automatic and Arvest is just slow.
Jun 24, 2020
132 Posts
Joined Apr 2006
Jun 24, 2020
daftsynth
Jun 24, 2020
132 Posts
Quote from flyeaglesfly33 :
What are people doing in PA in regards to the Title Insurance? Mine is listed in my LE as almost $2,000!
I used Ravenswood Title. My title fees went from $1388 with Better Settlement to $645
Jun 24, 2020
606 Posts
Joined Dec 2013
Jun 24, 2020
cdancer20
Jun 24, 2020
606 Posts
Quote from MBster :
Anyone re-fi'ed out of Arvest? I got a notice from Better that my refi was funded on Monday but I don't see anything changed on the Arvest side. The web portal is showing as if nothing has happened and I'll still on track for an auto payment on 1 July. Just curious if others have had to follow up with the original lender to doubly confirm the refi went through or is it supposed to be automatic and Arvest is just slow.
It should be automatic. They will credit your account with the money received. Note I don't have Arvest so I can't comment on them specifically. However, someone above commented that it's typical to take 3 days from funding to account being credited. You could follow up with the closing agent to find out when they wired the money. It may have just gone out yesterday or today.
Jun 24, 2020
1,005 Posts
Joined Mar 2019
Jun 24, 2020
CycloneFW
Jun 24, 2020
1,005 Posts
Quote from MBster :
Anyone re-fi'ed out of Arvest? I got a notice from Better that my refi was funded on Monday but I don't see anything changed on the Arvest side. The web portal is showing as if nothing has happened and I'll still on track for an auto payment on 1 July. Just curious if others have had to follow up with the original lender to doubly confirm the refi went through or is it supposed to be automatic and Arvest is just slow.
I don't have an Arvest account, but my Better mortgage funded on a Monday as well. On Tuesday, Better Settlement Services confirmed they wired my funds. I got the proof just before 5 pm Eastern. On Wednesday morning, my old lender didn't show the payment on their portal. However, but the afternoon, it showed my mortgage had a $0 balance.

If you are concerned, you can ask your Closing Expert to have whomever did your settlement to send over their ledger info for sending the payoff. At least that way, you are sure they sent the money somewhere.

Sign up for a Slickdeals account to remove this ad.

Jun 24, 2020
12 Posts
Joined Nov 2014
Jun 24, 2020
bbc9
Jun 24, 2020
12 Posts
Quote from flyeaglesfly33 :
What are people doing in PA in regards to the Title Insurance? Mine is listed in my LE as almost $2,000!
Radian title services has ~20-30% lower than what Better quotes for title insurance/closing. You can reach them at 800.646.8258, select customer service and request for a quote.

Leave a Comment

Unregistered (You)

Popular Deals

View All

Trending Deals

View All