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expiredGreenworld123 posted Dec 08, 2019 02:27 PM
expiredGreenworld123 posted Dec 08, 2019 02:27 PM

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.
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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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Jul 06, 2020 06:10 PM
607 Posts
Joined Jan 2006
marsgamerJul 06, 2020 06:10 PM
607 Posts
Quote from coolpunch :
Do you have contact details of your lender which you can share here?
https://hightechlending.mortgagewebcenter.com/

Remember when you get an official LE this lender doesn't include the lender credit as part of this estimate I had to send the screenshot from the website showing the lender credit along with the official LE to consider for a match.
Jul 06, 2020 06:12 PM
54 Posts
Joined Dec 2016
johnerJul 06, 2020 06:12 PM
54 Posts
Quote from k1ngkev1n1 :
in CA any other recomended LE i should look for besides Loan depot, loan cabin, owning, & better?

235k balance 30yr looking for. I see rates as low as 2.625 but with 2pts.
Just closed with LenderFi @ 2.75% with $460 lender credits for 580k loan (59% LTV). it was the fastest refinance I have ever done. Got the quote about 3 weeks ago. Loan was funded in 2 weeks after the application.
Jul 06, 2020 06:21 PM
93 Posts
Joined Feb 2009
coolpunchJul 06, 2020 06:21 PM
93 Posts
Quote from marsgamer :
https://hightechlending.mortgagewebcenter.com/

Remember when you get an official LE this lender doesn't include the lender credit as part of this estimate I had to send the screenshot from the website showing the lender credit along with the official LE to consider for a match.
Thanks. When you say lender credit, i am assuming your closing cost was 0, correct? You re-financed your home and got this money back.
Jul 06, 2020 06:23 PM
93 Posts
Joined Feb 2009
coolpunchJul 06, 2020 06:23 PM
93 Posts
Quote from AdamM8293 :
I finally bailed on Better. The bifurcated appraisal was a disaster and my appeal took a month and was unsuccessful. The appraiser was from another state, relied on 3rd party (awful) pictures, and knew nothing about the neighborhood. I'm dissapointed to lose out on the $2,500 credit but I still nailed down a 2.875% loan with a $3k lender credit and have an appraisal waiver (Keystone Funding).
Did you pay anything for the closing cost? Do you remember the loan agent who you worked with?
Jul 06, 2020 06:25 PM
1,538 Posts
Joined Dec 2010
daw4888Jul 06, 2020 06:25 PM
1,538 Posts
Quote from James1900 :
I have a AMEX everyday credit card but I don't see this offer in my account. This would have been a killer deal though.

I'm should be losing on my 15 year refi here in the next couple of weeks. I am sure my current lender would have been pissed after they did all these steps and I left.

Click through the link in the first post. You shouldnt need the offer in your account.
Jul 06, 2020 06:29 PM
1,007 Posts
Joined Mar 2019
CycloneFWJul 06, 2020 06:29 PM
1,007 Posts
Quote from Phasers :
Has anyone been able to do this again after doing it once?

Rates have dropped so much I am thinking about refinancing the home I closed in December on.
Your answer lies within this thread
Jul 06, 2020 06:30 PM
21 Posts
Joined Mar 2018
James1900Jul 06, 2020 06:30 PM
21 Posts
Quote from daw4888 :
Click through the link in the first post. You shouldnt need the offer in your account.
In the first post it says if you don't have the offer on your account you won't be able to get it. Apparently someone from Better made that comment. Has anyone gotten it without the offer being on your account?

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Jul 06, 2020 06:31 PM
1,007 Posts
Joined Mar 2019
CycloneFWJul 06, 2020 06:31 PM
1,007 Posts
Quote from MilesHunter :
Any in the NC area getting 3% with no buydown?
My 15-year is 2.625% with a decent lender credit. 2.5% is almost par with a $35 credit for me. I would imagine 30-year would be around there if I could still see it.
Jul 06, 2020 06:35 PM
607 Posts
Joined Jan 2006
marsgamerJul 06, 2020 06:35 PM
607 Posts
Quote from coolpunch :
Thanks. When you say lender credit, i am assuming your closing cost was 0, correct? You re-financed your home and got this money back.
My closing cost is coming around $320 + the amex credit, i will be getting back $2180
Jul 06, 2020 06:40 PM
607 Posts
Joined Jan 2006
marsgamerJul 06, 2020 06:40 PM
607 Posts
When I shop around through other providers I see this option to select:

Which Policy Form are you using?
- ALTA Standard Coverage Loan Policy
- ALTA Extended Coverage Loan Policy
- ALTA Short form Residential Loan Policy

Which of the above we need to select ?.

Also the title settlement fee does it show up on the rate quote as a separate line item or this is all included in the price they quote?
Jul 06, 2020 06:42 PM
1,538 Posts
Joined Dec 2010
daw4888Jul 06, 2020 06:42 PM
1,538 Posts
Quote from James1900 :
In the first post it says if you don't have the offer on your account you won't be able to get it. Apparently someone from Better made that comment. Has anyone gotten it without the offer being on your account?

You can read through the thread. Multiple people have posted that they have.
Jul 06, 2020 06:43 PM
1,512 Posts
Joined Aug 2009
coolmannJul 06, 2020 06:43 PM
1,512 Posts
Quote from Phasers :
Has anyone been able to do this again after doing it once?

Rates have dropped so much I am thinking about refinancing the home I closed in December on.
We are in the process of re-refinancing with Better. The first $2,500 credit hit my Amex a couple of weeks ago (8 weeks after closing), and I confirmed with their reps that this can be done again, so we're moving forward with another refi. We'll be shaving another .25 points off our rate, with ZERO OOP (after credit).
Jul 06, 2020 06:47 PM
93 Posts
Joined Feb 2009
coolpunchJul 06, 2020 06:47 PM
93 Posts
Quote from marsgamer :
My closing cost is coming around $320 + the amex credit, i will be getting back $2180
Thanks.
Jul 06, 2020 06:58 PM
93 Posts
Joined Feb 2009
coolpunchJul 06, 2020 06:58 PM
93 Posts
Does anyone know any of the lender who can give LE with 0 closing cost and 2.875% for 30 years?

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Jul 06, 2020 07:05 PM
1,007 Posts
Joined Mar 2019
CycloneFWJul 06, 2020 07:05 PM
1,007 Posts
Quote from marsgamer :
When I shop around through other providers I see this option to select:

Which Policy Form are you using?
- ALTA Standard Coverage Loan Policy
- ALTA Extended Coverage Loan Policy
- ALTA Short form Residential Loan Policy

Which of the above we need to select ?.

Also the title settlement fee does it show up on the rate quote as a separate line item or this is all included in the price they quote?
In my limited experience, it has been Alta Standard + endorsements. In NC, usually that is endorsements 8.1 and 9, but could be different in other states and other scenarios (I have a single family home inside the city limits).

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