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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.
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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9,848 Comments

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Jul 12, 2020 02:47 PM
7,612 Posts
Joined Sep 2008
DogAndPonyJul 12, 2020 02:47 PM
7,612 Posts
Quote from DallasD :
Rates have gone up in last week. To get 2.5% you'd be paying crazy high points on top of closing costs. Right now your looking at low to mid 3%'s to get enough of lender credit to offset fees.
Oh wow. Hard pass then. I may do an application before the deadline and sit on it for as long as possible in case rates go down dramatically
Jul 12, 2020 02:52 PM
11,085 Posts
Joined Aug 2007
damnyouJul 12, 2020 02:52 PM
11,085 Posts
Quote from myles370 :
I locked in on Monday with better.com on the AMEX deal and they have since matched better competitor LEs from loan depot every day since. Process has been so smooth and seamless. I've been very happy with them thus far. Think it depends on what loan concierge you get assigned. Currently on 30 year fixed at 2.875% and $3139 lender credit in Atlanta.
Would you mind sharing the concierge you had for your loan? I am in Atlanta too so it might help. You can send me a message. Thanks
Jul 12, 2020 03:08 PM
3,734 Posts
Joined Oct 2010
k1ngkev1n1Jul 12, 2020 03:08 PM
3,734 Posts
Quote from ssmith891 :
What's your cash to close?
I get 3260$ in credits so I'll be getting money back no cash to close except for appraisal cost if needed but I'll get money back later.
Jul 12, 2020 03:09 PM
3,734 Posts
Joined Oct 2010
k1ngkev1n1Jul 12, 2020 03:09 PM
3,734 Posts
Quote from DogAndPony :
Oh wow. Hard pass then. I may do an application before the deadline and sit on it for as long as possible in case rates go down dramatically
Loan cabin had 2.5% 500$ in pts for me. Can give them a shot.
Jul 12, 2020 03:20 PM
79 Posts
Joined May 2013
DallasDJul 12, 2020 03:20 PM
79 Posts
Quote from k1ngkev1n1 :
Loan cabin had 2.5% 500$ in pts for me. Can give them a shot.
So you are paying points plus closing costs??
Jul 12, 2020 03:20 PM
166 Posts
Joined Dec 2010
nagraw4Jul 12, 2020 03:20 PM
166 Posts
Stupid me! Usually I check SD before buying anything big but for some reason I didnt think of it for mortgage refi.
Anyway I locked my rate with LoanDepot in GA on Friday 7/9/2020
2.75%
A+B+C = 1595+112+1225 = 2932
Lender credit $2416

LTV ~65%, Credit score 780+

But I didn't get estimates from most of other lenders mentioned here. I will probably check with Loan Cabin, Better and Watermark on Monday.
Any suggestions for cheaper title and settlement in GA?
Jul 12, 2020 03:27 PM
205 Posts
Joined Aug 2013
SomeXYZJul 12, 2020 03:27 PM
205 Posts
Quote from damnyou :
Would you mind sharing the concierge you had for your loan? I am in Atlanta too so it might help. You can send me a message. Thanks
I locked 30yrs @ 2.75 with 1400 credits. 259k / 755 credit score, Location : GA

Ja'ala Goodman-Robinson is concierge expert.

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Jul 12, 2020 03:34 PM
166 Posts
Joined Dec 2010
nagraw4Jul 12, 2020 03:34 PM
166 Posts
Quote from SomeXYZ :
I locked 30yrs @ 2.75 with 1400 credits. 259k / 755 credit score, Location : GA

Ja'ala Goodman-Robinson is concierge expert.
Would you mind sharing A+B+C?
Jul 12, 2020 03:40 PM
205 Posts
Joined Aug 2013
SomeXYZJul 12, 2020 03:40 PM
205 Posts
Quote from nagraw4 :
would you mind sharing a+b+c?
0 + 64 +1409
Jul 12, 2020 03:41 PM
11,085 Posts
Joined Aug 2007
damnyouJul 12, 2020 03:41 PM
11,085 Posts
Quote from SomeXYZ :
0 + 64 +1409
Which lender did Better.com matched?
Jul 12, 2020 03:43 PM
105 Posts
Joined Sep 2010
myles370Jul 12, 2020 03:43 PM
105 Posts
Quote from SomeXYZ :
I locked 30yrs @ 2.75 with 1400 credits. 259k / 755 credit score, Location : GA

Ja'ala Goodman-Robinson is concierge expert.
Is this what they offered you straight up or was this after they matched competing LE? Feel like clicking through with the $2500 AMEX promo better.com was definitely not the lowest. They even had to price match themselves from what NerdWallet was showing for them. I just had to screen shot the NW quote and they matched it.
Last edited by myles370 July 12, 2020 at 12:53 PM.
Jul 12, 2020 04:12 PM
205 Posts
Joined Aug 2013
SomeXYZJul 12, 2020 04:12 PM
205 Posts
After match from lender FI
Jul 12, 2020 04:58 PM
3,734 Posts
Joined Oct 2010
k1ngkev1n1Jul 12, 2020 04:58 PM
3,734 Posts
Quote from DallasD :
So you are paying points plus closing costs??
I didn't do it but yes would be 500$ in pts plus closing costs.
Jul 12, 2020 04:59 PM
3,734 Posts
Joined Oct 2010
k1ngkev1n1Jul 12, 2020 04:59 PM
3,734 Posts
Quote from lowmazda :
They waived mine at 56% LTV
They said Fannie May wants to see interior of place so appraisal needed... Frown

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Jul 12, 2020 05:12 PM
25 Posts
Joined Dec 2016
jesoonsterJul 12, 2020 05:12 PM
25 Posts
Quote from DallasD :
Rates have gone up in last week. To get 2.5% you'd be paying crazy high points on top of closing costs. Right now your looking at low to mid 3%'s to get enough of lender credit to offset fees.
Tons of lenders offering 2.75% + F + G for 30 yr and even better like 1k credits if you have low C like in California. 2.65% with A covered is very common as well. This was as of Friday.

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