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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.
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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 8, 2020
115 Posts
Joined Jan 2005
Jul 8, 2020
finddeals2
Jul 8, 2020
115 Posts
Quote from SomeXYZ :
Better.com not accepting https://hightechlending.mortgagewebcenter.com website print estimate. Did anyone get luck with it?
I had submitted the rate information from the website and was told by the mortgage consultant's assistant who had checked with someone that Better would beat the rate published on the HighTech website. I was asked to submit the official LE, which requires to submit the application. The LE I received did not show all the credits, and HighTech consultant was resistant to provide a different LE until I locked. Then when I submitted the official WLE on the same day as our discussion, was told Better would not be able to match. I closed on June 26 and have submitted the closing paperwork and am still waiting for them to honor the $1k price guarantee.

Who is your mortgage consultant?
Jul 8, 2020
205 Posts
Joined Aug 2013
Jul 8, 2020
SomeXYZ
Jul 8, 2020
205 Posts
Quote from finddeals2 :
I had submitted the rate information from the website and was told by the mortgage consultant's assistant who had checked with someone that Better would beat the rate published on the HighTech website. I was asked to submit the official LE, which requires to submit the application. The LE I received did not show all the credits, and HighTech consultant was resistant to provide a different LE until I locked. Then when I submitted the official WLE on the same day as our discussion, was told Better would not be able to match. I closed on June 26 and have submitted the closing paperwork and am still waiting for them to honor the $1k price guarantee.

Who is your mortgage consultant?
Ja'ala
Jul 8, 2020
205 Posts
Joined Aug 2013
Jul 8, 2020
SomeXYZ
Jul 8, 2020
205 Posts
I'm refinancing again with better.com. Can I bargain for title insurance?
Jul 8, 2020
2,898 Posts
Joined Sep 2010
Jul 8, 2020
tayninh
Jul 8, 2020
2,898 Posts
Does anyone knows of any appraisal company that does not need to go inside the house to measure and take photos? I'm trying to avoid that if possible.
Jul 8, 2020
115 Posts
Joined Jan 2005
Jul 8, 2020
finddeals2
Jul 8, 2020
115 Posts
Quote from tayninh :
Does anyone knows of any appraisal company that does not need to go inside the house to measure and take photos? I'm trying to avoid that if possible.
It depends upon your lender on how they request the appraisal.
The loan I was refinancing was not with Freddie Mac or Fannie May, so the lender wanted a full appraisal.
Jul 8, 2020
115 Posts
Joined Jan 2005
Jul 8, 2020
finddeals2
Jul 8, 2020
115 Posts
Quote from SomeXYZ :
I'm refinancing again with better.com. Can I bargain for title insurance?
Shop with your local area title company. Depending upon your state it may be regulated, but the escrow fees vary.

In your state, the state department of financial institution may require the title companies to file their escrow rates with the department, and the information may be available online.

Some companies give additional discounts (refinance, senior, gov employee discount, corporate relocation, etc).
Jul 8, 2020
922 Posts
Joined Jul 2005
Jul 8, 2020
dealaddicter
Jul 8, 2020
922 Posts
Quote from refitime :
This is what I got.

30 year, 2.75% locked, loan costs and taxes paid for by lender credits
No escrow
Loan $500,000
LTV 59%
FICO 699

I wouldn't settle for anything less than 2.75% and no cost, and lock it when you get it. You are getting ripped off anything more than 2.75% and no cost. Apply to 10-20 places, because more than half will ignore you or take too long to get you a loan estimate. Don't believe what anyone tells you, only believe the locked loan estimate. You just need one good loan estimate locked. Don't pester the places that are too slow or ignore you, just move on.

I don't know if Better will beat what I got, but I'll go forward with another lender if they don't.
Who is this via?

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Jul 8, 2020
922 Posts
Joined Jul 2005
Jul 8, 2020
dealaddicter
Jul 8, 2020
922 Posts
So better came back saying they can not match the rate based on LE by LenderFi which is 2.875% with zero costs. As per them it's too good and they can not match..
Jul 8, 2020
205 Posts
Joined Aug 2013
Jul 8, 2020
SomeXYZ
Jul 8, 2020
205 Posts
Quote from dealaddicter :
So better came back saying they can not match the rate based on LE by LenderFi which is 2.875% with zero costs. As per them it's too good and they can not match..
Did you get $1000 then?
Jul 8, 2020
113 Posts
Joined Jan 2008
Jul 8, 2020
phanman11
Jul 8, 2020
113 Posts
Quote from dealaddicter :
So better came back saying they can not match the rate based on LE by LenderFi which is 2.875% with zero costs. As per them it's too good and they can not match..
How did you get an actual LE from lenderfi? I asked for one and only received the conditional approval letter. Thanks and good luck.
Jul 8, 2020
1,536 Posts
Joined Dec 2010
Jul 8, 2020
daw4888
Jul 8, 2020
1,536 Posts
Quote from phanman11 :
Once you lock a rate, you aren't obligated to continue with that lender?
.
No. Its typically frowned upon to cancel after locking, but that's just part of business. Just make sure you cancel before they order an appraisal or you might be stuck paying for that, depending on what the terms where when you locked.
Jul 8, 2020
899 Posts
Joined Aug 2010
Jul 8, 2020
JetBlast
Jul 8, 2020
899 Posts
Quote from cdancer20 :
Goodness, so your credit is covering all of your title fees and your escrow?
No. My escrow is for 10 months and Texas has high property taxes. My loan balance went up, but is offset by that credit I should've received as cash back. The credit more than covered the closing costs and title fees though. It was a $3700 credit I initially got from lenderfi that better matched.

Jul 8, 2020
3,720 Posts
Joined Oct 2010
Jul 8, 2020
k1ngkev1n1
Jul 8, 2020
3,720 Posts
Quote from refitime :
This is what I got.

30 year, 2.75% locked, loan costs and taxes paid for by lender credits
No escrow
Loan $500,000
LTV 59%
FICO 699

I wouldn't settle for anything less than 2.75% and no cost, and lock it when you get it. You are getting ripped off anything more than 2.75% and no cost. Apply to 10-20 places, because more than half will ignore you or take too long to get you a loan estimate. Don't believe what anyone tells you, only believe the locked loan estimate. You just need one good loan estimate locked. Don't pester the places that are too slow or ignore you, just move on.

I don't know if Better will beat what I got, but I'll go forward with another lender if they don't.
wow so nothing out of pocket for fees or nothing? better offered 2.75% with 4k in pts plus closing costs. 235k refi 800+ credit 45% LTV, with escrow! haha.
Jul 8, 2020
7,483 Posts
Joined Sep 2008
Jul 8, 2020
DogAndPony
Jul 8, 2020
7,483 Posts
Quote from refitime :
This is what I got.

30 year, 2.75% locked, loan costs and taxes paid for by lender credits
No escrow
Loan $500,000
LTV 59%
FICO 699

I wouldn't settle for anything less than 2.75% and no cost, and lock it when you get it. You are getting ripped off anything more than 2.75% and no cost. Apply to 10-20 places, because more than half will ignore you or take too long to get you a loan estimate. Don't believe what anyone tells you, only believe the locked loan estimate. You just need one good loan estimate locked. Don't pester the places that are too slow or ignore you, just move on.

I don't know if Better will beat what I got, but I'll go forward with another lender if they don't.
Getting ripped off above 2.75%? Then why did you settle for what is so close to being a rip off? Does not compute...

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Jul 8, 2020
1,541 Posts
Joined Sep 2005
Jul 8, 2020
Procter
Jul 8, 2020
1,541 Posts
Any jumbo loan rate datapoint? LVT around 70%, excellent credit

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