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expiredGreenworld123 posted Dec 8, 2019 2:27 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.
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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9.8K Comments

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Jul 8, 2020 6:47 PM
1.3K Comments
Joined Oct 2007
NailerJul 8, 2020 6:47 PM
1.3K Comments
Quote from bumoftheday :
That was the same as mine earlier this week.

I used:
Property address
My name
Loan #

My closing guy reviewed it and said it looked good.
Thank you and would you remember where did you put info while sending money?
Jul 8, 2020 6:48 PM
1.8K Comments
Joined May 2006
baronvdbJul 8, 2020 6:48 PM
1.8K Comments
Quote from KaatuPaadi :
better ordered a desktop apparaisal, whcih was complete and now they changed it to physical....
My realtor is pissed but I like it to get a real estimate..

Any ideas what triggers a change in appraisal or second one??.. Did it come too high or too low???
Not sure what would cause that change but don't get too excited about getting a "real estimate". In my case they just sent out some guy to take a boat load of pictures and send them off to some dude in another state to do the actual appraisal. They have no clue about the local market/neighborhoods .

The number they came up with just happened to be the EXACT number I estimated the property was worth when I first filled out the app. So I'm pretty sure they were just making sure the value was good enough not to mess up the refi. In reality I'm pretty sure my house is worth around $25k+ more than the appraisal. I went low with my number just to make sure I wouldn't have any appraisal issues down the line...
Jul 8, 2020 6:48 PM
1.3K Comments
Joined Oct 2007
NailerJul 8, 2020 6:48 PM
1.3K Comments
Quote from flyeaglesfly33 :
Has anyone had any success in matching after final approval and already being assigned a closing agent?
yes, but they wont beat the price, they will just match it (a+b+c-lender credit)
i got it matched 2 days before closing.
Jul 8, 2020 6:52 PM
1K Comments
Joined Mar 2019
CycloneFWJul 8, 2020 6:52 PM
1K Comments
Quote from iuku :
LoanCabin shows rates for NC but when I do actual application, it does not have NC in state selection. Anyone with similar issue and way to get around it?
I got stuck by the same oddity before. Otherwise, it would be great to get an LE from them to have Better compete against.
Jul 8, 2020 6:57 PM
569 Comments
Joined Sep 2005
bumofthedayJul 8, 2020 6:57 PM
569 Comments
Quote from Nailer :
Thank you and would you remember where did you put info while sending money?
I put it in the "Processing Details or Instructions" section. Note that the wording may differ slightly depending on the bank.
Jul 8, 2020 7:00 PM
350 Comments
Joined Jun 2012
flyeaglesfly33Jul 8, 2020 7:00 PM
350 Comments
Quote from Nailer :
yes, but they wont beat the price, they will just match it (a+b+c-lender credit)
i got it matched 2 days before closing.
Alright thanks! I already got a great rate I am happy with matched (matched, not beaten in the processing step) from Watermark but loan cabin finally responded to me and are currently working on my quote, and I wanted to see, if they happen to be lower, if there was any chance/point, to go back to better with it.
Jul 8, 2020 7:01 PM
3.3K Comments
Joined Feb 2014
iukuJul 8, 2020 7:01 PM
3.3K Comments
Quote from CycloneFW :
I got stuck by the same oddity before. Otherwise, it would be great to get an LE from them to have Better compete against.
Agree, it showed 2.5% for 30 years for my scenario. But can't do the app unfortunately.

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Jul 8, 2020 7:10 PM
5.4K Comments
Joined Jul 2006
shahhereJul 8, 2020 7:10 PM
5.4K Comments
Quote from Nobodyukno :
I'm pretty sure in PA title fees are fully controlled by the state so you can't really shop. I think it's just a percentage of loan.

This is not accurate and not accurate especially for PA.


Not only is RadianTittleDirect whom I have used for several of my closing all the way through this January for my last Refi and they were $400 or more cheaper.


Not sure how or what they do but their Title Rate is cheaper and then all the other fees added some out cheaper as well overall. I also quoted vi ALTTitle.com and despite their claim of not charging extra fees they were still almost $400 more than Radian.


Shahhere
Jul 8, 2020 7:18 PM
45 Comments
Joined Mar 2015
SK0204Jul 8, 2020 7:18 PM
45 Comments
Quote from CycloneFW :
It is not clear what the problem is. It sounds like you are saying your new mortgage didn't cover the entire payoff to your old lender, but Better owes you money instead of you owing the old lender? That doesn't sound right, so you must be trying to say something else.
Better started loan at 398k in intial estimate and never changed it when I gave the pay off quote of around 399K, rolled 1K into my closing cost , said my old lender will credit the excess back to me. Now I see they only funded around 398K as per the better website. I should get the 1K back from better right?
Jul 8, 2020 7:21 PM
40 Comments
Joined Feb 2016
NobodyuknoJul 8, 2020 7:21 PM
40 Comments
Quote from shahhere :
This is not accurate and not accurate especially for PA.


Not only is RadianTittleDirect whom I have used for several of my closing all the way through this January for my last Refi and they were $400 or more cheaper.


Not sure how or what they do but their Title Rate is cheaper and then all the other fees added some out cheaper as well overall. I also quoted vi ALTTitle.com and despite their claim of not charging extra fees they were still almost $400 more than Radian.


Shahhere
Shows how unknowledgable or untruthful realtors are as I was told countless times there is no point of shopping they're all the same rates in PA.
Jul 8, 2020 7:33 PM
37.3K Comments
Joined Aug 2007
fyuJul 8, 2020 7:33 PM
37.3K Comments
Quote from Nobodyukno :
Shows how unknowledgable or untruthful realtors are as I was told countless times there is no point of shopping they're all the same rates in PA.
they only make money when a property sells. they make more money the higher the price.The faster they can get the close, the faster they can fully move onto the next sell. it's not a system to helps anybody.
Jul 8, 2020 7:42 PM
109 Comments
Joined Oct 2018
OrangeGiraffe2877Jul 8, 2020 7:42 PM
109 Comments
This thread would REALLY benefit greatly from a wiki.
Jul 8, 2020 7:43 PM
456 Comments
Joined Sep 2013
nyforeverJul 8, 2020 7:43 PM
456 Comments
Quote from shahhere :
This is not accurate and not accurate especially for PA.


Not only is RadianTittleDirect whom I have used for several of my closing all the way through this January for my last Refi and they were $400 or more cheaper.


Not sure how or what they do but their Title Rate is cheaper and then all the other fees added some out cheaper as well overall. I also quoted vi ALTTitle.com and despite their claim of not charging extra fees they were still almost $400 more than Radian.


Shahhere
Quote from Nobodyukno :
Shows how unknowledgable or untruthful realtors are as I was told countless times there is no point of shopping they're all the same rates in PA.
Shahhere is wrong. Title insurance is regulated by the Pennsylvania Department of Insurance; consequently, all title insurers will charge the same title premium. There's only two types of rates: sale and non-sale. The price discrepancy between insurers are other charges they pile onto it (document fees, notary fees, etc.).
Jul 8, 2020 7:43 PM
501 Comments
Joined Feb 2012
Mikey122687Jul 8, 2020 7:43 PM
501 Comments
Quote from Nailer :
yes, but they wont beat the price, they will just match it (a+b+c-lender credit)
i got it matched 2 days before closing.
same rate or lower rate?

ie (going from 3% to 2.875%) or same rate but more credit?

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Jul 8, 2020 7:47 PM
1K Comments
Joined Mar 2019
CycloneFWJul 8, 2020 7:47 PM
1K Comments
Quote from SK0204 :
Better started loan at 398k in intial estimate and never changed it when I gave the pay off quote of around 399K, rolled 1K into my closing cost , said my old lender will credit the excess back to me. Now I see they only funded around 398K as per the better website. I should get the 1K back from better right?
If Better didn't increase the payoff to $399k, included $1k of Better's closing costs, and only funded $398k, that would mean only $397k went to your old lender. So why would Better owe you another $1k?

Somehow, I just can't seem to make heads or tails of your situation.

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