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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 9, 2020
2,741 Posts
Joined Jun 2008
Jul 9, 2020
KaatuPaadi
Jul 9, 2020
2,741 Posts
Quote from savemybucks :
Better is getting really cocky now. To hell with them. Can't even match, forget about beating. There are better lenders now who genuinely value your relationship and have lower costs than Better. At the end I stand to spend about $700 more in closing but definitely not giving business to Better.
what they didn't match?? can u provide details of what u got and what they didnt match?
Jul 9, 2020
11 Posts
Joined Jan 2015
Jul 9, 2020
cnagendranmca
Jul 9, 2020
11 Posts
Quote from Rhizzlebop :
I've read pages of this thread for a few months and still not sure if I can refi the same house a second time and get the offer on the same card again.

I closed my refi May 2nd and got my bonus Sunday July 5th. 30 yr. 3.25%. Thinking it could be worth it if I can come out at a net zero cost and drop to a 2.75%.

Thoughts appreciated.
I closed on 7th July. My funding will be on 13th july. Should I need to start a new application to close for OCT now? ie) for same house a second time and get the offer on the same card again.
Jul 9, 2020
3,720 Posts
Joined Oct 2010
Jul 9, 2020
k1ngkev1n1
Jul 9, 2020
3,720 Posts
finally got my LE from loan cabin.

2.65%, 0pts, 30 yr, 2k cost to close they did note this is higher then it really will be. 235k loan. will be sending to better to match see what happens...
Jul 9, 2020
728 Posts
Joined Dec 2008
Jul 9, 2020
braveheart2012
Jul 9, 2020
728 Posts
Quote from k1ngkev1n1 :
finally got my LE from loan cabin.

2.65%, 0pts, 30 yr, 2k cost to close they did note this is higher then it really will be. 235k loan. will be sending to better to match see what happens...
which state?
Jul 9, 2020
52 Posts
Joined Jan 2012
Jul 9, 2020
scorpioneyes
Jul 9, 2020
52 Posts
been watching the points go up throughout the day on Lenderfi and now i see this on their home page .... yikes!
Jul 9, 2020
728 Posts
Joined Dec 2008
Jul 9, 2020
braveheart2012
Jul 9, 2020
728 Posts
Any good title company in NJ ? please suggest. is that RESCOM good?
Jul 9, 2020
126 Posts
Joined Jun 2020
Jul 9, 2020
Letsgogogo
Jul 9, 2020
126 Posts
What's the best company to get LE from for investment property?

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Jul 9, 2020
3,720 Posts
Joined Oct 2010
Jul 9, 2020
k1ngkev1n1
Jul 9, 2020
3,720 Posts
Quote from braveheart2012 :
which state?
California
Jul 9, 2020
1,970 Posts
Joined Aug 2010
Jul 9, 2020
Debit2Cash
Jul 9, 2020
1,970 Posts
Quote from Rhizzlebop :
I've read pages of this thread for a few months and still not sure if I can refi the same house a second time and get the offer on the same card again.

I closed my refi May 2nd and got my bonus Sunday July 5th. 30 yr. 3.25%. Thinking it could be worth it if I can come out at a net zero cost and drop to a 2.75%.

Thoughts appreciated.
I tried the same and put in applications to a bunch of places. I found a 2.75% rate 30 year loan with no points, but better would not match the rate since they had closed on my loan within the past 6 months. I also tried to get rocket to match (they also have a $2500 amex bonus), but nobody else would get close to matching the lowest rate I found.

The rate range that better had would not even go below 3% with like 5k in points. It appears that a lot of lenders are getting so many refi requests that they are jacking up their rates to cut back on the number of applications they are getting.

Honestly, I've all but closed the door on trying to get another match at Better. I'm debating on trying to go with the 2.75% rate with no $2500 bonus, but it has a 32 month payback after closing costs. My original loan was at 3.25%
Last edited by Debit2Cash July 9, 2020 at 02:58 PM.
Jul 9, 2020
73 Posts
Joined Jun 2010
Jul 9, 2020
azdaren
Jul 9, 2020
73 Posts
Has anyone refinanced investment/rental properties with this deal. If so what was the jump in rate ?

Thanks,
Jul 9, 2020
3,123 Posts
Joined Jun 2007
Jul 9, 2020
nicemann
Jul 9, 2020
3,123 Posts
Quote from scorpioneyes :
been watching the points go up throughout the day on Lenderfi and now i see this on their home page .... yikes!
Wow guess when business is good...
Jul 9, 2020
2,520 Posts
Joined Aug 2007
Jul 9, 2020
sleekwallet
Jul 9, 2020
2,520 Posts
yeah lenders are getting bombarded
Jul 9, 2020
103 Posts
Joined Oct 2018
Jul 9, 2020
OrangeGiraffe2877
Jul 9, 2020
103 Posts
Quote from rlchavda :
wow, who is the lender for that quote ? Any chance to get 2.25 for 15 years without point ?
I got a 2.25% for 15 years with 0.88 pts ($2200), this reflects matching an LE from AimLoans and a $1k credit.
Last edited by OrangeGiraffe2877 July 9, 2020 at 04:24 PM.
Pro
Jul 9, 2020
5,053 Posts
Joined Jul 2006
Jul 9, 2020
shahhere
Pro
Jul 9, 2020
5,053 Posts
Yup, LenderFI has been MIA as well as I called them last week and earlier on Monday but no reply.....They provided me 3.25% with around $3,000 in credits.


I am in the processing stage with Better so not sure who else will give me an updated Lender Estimate at this point to Match with Better.


AMFedmortgage person Tony Cancelerri also noted that the Loan Cabin LE cant be beat and left it at that 2.75% with $1k in credits.



Shahhere

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Jul 9, 2020
3,720 Posts
Joined Oct 2010
Jul 9, 2020
k1ngkev1n1
Jul 9, 2020
3,720 Posts
Quote from shahhere :
Yup, LenderFI has been MIA as well as I called them last week and earlier on Monday but no reply.....They provided me 3.25% with around $3,000 in credits.


I am in the processing stage with Better so not sure who else will give me an updated Lender Estimate at this point to Match with Better.


AMFedmortgage person Tony Cancelerri also noted that the Loan Cabin LE cant be beat and left it at that 2.75% with $1k in credits.



Shahhere
loan depot emailed me and said they can beat loan cabin by $200. 2.625% no pts.

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