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Greenworld123 1.4M Views
Dec 8, 2019 2:27 PM

Amex offer: $2,500 statement credit for home refinance Better.com

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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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9.8K Comments

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Jul 7, 2020 2:40 PM
2.5K Comments
Joined Jun 2011
savemybucksJul 7, 2020 2:40 PM
2.5K Comments
Does better not have rates lower than 2.25%
Lowest I see in my rates is 2.25%
This is for 15 yr fixed loan
Last edited by savemybucks July 7, 2020 at 07:42 AM.
Jul 7, 2020 2:40 PM
1.6K Comments
Joined Dec 2010
daw4888Jul 7, 2020 2:40 PM
1.6K Comments
Quote from j1s2 View quoted comment :
Anyone cancelled a loan application with one lender and go with a different lender? My current lender has been sitting on it for over 50 days. Wonder if I should worry about anything before I cancel and go with someone else? Looking at loan cabin/better it seems like i can get at least .25 better rate.

Yes. Just make sure you do it before they order an appraisal or you might get stuck paying for that with the previous loan company.
Jul 7, 2020 2:52 PM
909 Comments
Joined Nov 2011
turbunatorcfJul 7, 2020 2:52 PM
909 Comments
Quote from savemybucks View quoted comment :
Does better not have rates lower than 2.25%
Lowest I see in my rates is 2.25%
This is for 15 yr fixed loan
Where do you see 2.25%?
Jul 7, 2020 2:52 PM
740 Comments
Joined Dec 2008
braveheart2012Jul 7, 2020 2:52 PM
740 Comments
Quote from BlakeK View quoted comment :
Just closed with 2.75% 30 year with better and $1400 Lender Credit. Anyone have anything below 2.75% may do another refi if I can get lower rate with lender credits that cover costs.
which state ?
Jul 7, 2020 2:54 PM
3.8K Comments
Joined Oct 2010
k1ngkev1n1Jul 7, 2020 2:54 PM
3.8K Comments
how long does it take for better to get back about matching a LE offer? i sent one over via email yesterday havent gottena response yet.
Jul 7, 2020 3:00 PM
908 Comments
Joined Nov 2017
gk6740Jul 7, 2020 3:00 PM
908 Comments
Quote from JetBlast View quoted comment :
Will my current escrow balance with my previous mortgage company be refunded to me or will that balance carry over to my next loan?

I'm not understanding why Better wants me to escrow 10 months up front when I already have 6 months of escrow accrued.
old escrow is with old lender. It does not get transferred over. Old lender will send money, eventually. You may be able to get Better to adjust the number of months. I actually got them to remove escrow all together when I complained that other lenders did not require it
Jul 7, 2020 3:25 PM
1.6K Comments
Joined Dec 2010
daw4888Jul 7, 2020 3:25 PM
1.6K Comments
Quote from k1ngkev1n1 View quoted comment :
how long does it take for better to get back about matching a LE offer? i sent one over via email yesterday havent gottena response yet.

Call, call, call call, and call again to keep bugging them. Took me 9-10 calls to get them to finally match. If you wait to long, they will request a new LE.. which is what they did to me the first time. Dont wait around.. bug them.. also setup a call from your guy on the website as well, to push the issue.. and then keep calling..

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Jul 7, 2020 3:26 PM
354 Comments
Joined Dec 2019
wandlJul 7, 2020 3:26 PM
354 Comments
Quote from k1ngkev1n1 View quoted comment :
how long does it take for better to get back about matching a LE offer? i sent one over via email yesterday havent gottena response yet.
Usually same day - at least it was for me. You can call your Better Mortgage contacts or even schedule a call via their website; I have almost always found their email responses slow (keep in mind a lot of people are refinancing with these low rates)
Jul 7, 2020 3:40 PM
2.5K Comments
Joined Jun 2011
savemybucksJul 7, 2020 3:40 PM
2.5K Comments
Quote from turbunatorcf View quoted comment :
Where do you see 2.25%?
In the rates, you might have to ask them.
Jul 7, 2020 3:41 PM
909 Comments
Joined Nov 2011
turbunatorcfJul 7, 2020 3:41 PM
909 Comments
Quote from savemybucks View quoted comment :
In the rates, you might have to ask them.
Better.com?
Jul 7, 2020 3:41 PM
2.5K Comments
Joined Jun 2011
savemybucksJul 7, 2020 3:41 PM
2.5K Comments
So If I understood correctly. Better will not only match the points or cost of loan, but also give/beat it by $1000 right? or is it either or situation?
Jul 7, 2020 3:45 PM
1K Comments
Joined Mar 2019
CycloneFWJul 7, 2020 3:45 PM
1K Comments
Quote from savemybucks View quoted comment :
So If I understood correctly. Better will not only match the points or cost of loan, but also give/beat it by $1000 right? or is it either or situation?
It's YMMV. The advertised goal is to beat by $1k. It happens often, but not always.
Jul 7, 2020 3:50 PM
908 Comments
Joined Nov 2017
gk6740Jul 7, 2020 3:50 PM
908 Comments
Quote from CycloneFW View quoted comment :
It's YMMV. The advertised goal is to beat by $1k. It happens often, but not always.
BUT - once you have locked, they will not do the $1k.... but they did match the other rate, and when I emailed them better closing costs (title), they matched that as well.
Jul 7, 2020 4:01 PM
205 Comments
Joined Jun 2013
https404Jul 7, 2020 4:01 PM
205 Comments
Quote from DogAndPony View quoted comment :
Just received my check for $1,000 from the Better real estate program. Should have my $2,500 in the next few weeks. This has been an amazing deal
Could you elaborate on check for $1000, is this something additional to $1000 to price match ?

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Jul 7, 2020 4:04 PM
2.5K Comments
Joined Jun 2011
savemybucksJul 7, 2020 4:04 PM
2.5K Comments
Quote from gk6740 View quoted comment :
BUT - once you have locked, they will not do the $1k.... but they did match the other rate, and when I emailed them better closing costs (title), they matched that as well.
If other lenders have fluff fee like underwriting and processing fees, does Better try to take those into account. I have a good rate with 0 points from loan depot but they add this fluff.

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