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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 22, 2020 05:28 PM
205 Posts
Joined Aug 2013
SomeXYZJul 22, 2020 05:28 PM
205 Posts
Quote from bob.vinay :
My closing is this Friday, I still didn't get an amex task.. do we get it 2-3 days before closing ?
Hunt them.
Jul 22, 2020 05:28 PM
1,961 Posts
Joined Nov 2007
RhizzlebopJul 22, 2020 05:28 PM
1,961 Posts
Quote from SomeXYZ :
Yes. Hurry up. we have 3 days to use Amex promotion. I did it the same way
Quote from SomeXYZ :
My 2nd refinance application is approved already and I got amex card task today.
J
Sweet. I think I will apply at better Friday. I'm actually going on vacation Monday for a week so if they need documentation I hope that can wait till aug 3rd to get it. Or could maybe apply tomorrow. But won't give me much time to do apps elsewhere within 14 days upon my return.

Hoping watermark or loancabin can beat em and give me a good LE. I'm in South Carolina
Jul 22, 2020 05:29 PM
1,550 Posts
Joined Dec 2010
daw4888Jul 22, 2020 05:29 PM
1,550 Posts
Quote from bob.vinay :
My closing is this Friday, I still didn't get an amex task.. do we get it 2-3 days before closing ?

I would email your closing expert and ask for the task. That is what I had to do. I got my closing disclosure last Wed, and am scheduled to close tomorrow. I emailed them Friday, and then scheduled a call yesterday, and they added the AMEX task.
Jul 22, 2020 05:30 PM
205 Posts
Joined Aug 2013
SomeXYZJul 22, 2020 05:30 PM
205 Posts
Quote from Rhizzlebop :
J
Sweet. I think I will apply at better Friday. I'm actually going on vacation Monday for a week so if they need documentation I hope that can wait till aug 3rd to get it. Or could maybe apply tomorrow. But won't give me much time to do apps elsewhere within 14 days upon my return.

Hoping watermark or loancabin can beat em and give me a good LE. I'm in South Carolina
You need to lock before 07/25. I got this from better team.
Jul 22, 2020 05:35 PM
1,961 Posts
Joined Nov 2007
RhizzlebopJul 22, 2020 05:35 PM
1,961 Posts
Quote from SomeXYZ :
You need to lock before 07/25. I got this from better team.

Crap. That's not what the general terms say.

If this is the deal. I best apply right now today and try to get a competing le in by Friday
Jul 22, 2020 05:36 PM
11 Posts
Joined Jul 2017
bob.vinayJul 22, 2020 05:36 PM
11 Posts
Quote from daw4888 :
I would email your closing expert and ask for the task. That is what I had to do. I got my closing disclosure last Wed, and am scheduled to close tomorrow. I emailed them Friday, and then scheduled a call yesterday, and they added the AMEX task.
Got it.. thanks.. I just emailed them about it. One other question is regarding appraisal. Since I have paid for appraisal and as part of amex promo this appraisal should be waived right, will this appraisal be on the closing disclosure as a credit? Or is it a statement credit?
Jul 22, 2020 05:37 PM
205 Posts
Joined Aug 2013
SomeXYZJul 22, 2020 05:37 PM
205 Posts
Quote from Rhizzlebop :
Crap. That's not what the general terms say.

If this is the deal. I best apply right now today and try to get a competing le in by Friday
it's Jacob calling back. Just wanted to go over your refinance application. Just a little word to the wise our AMEMX promotion expires on July 25th, so I'm not going to if we do want to continue to go forward with that. We do need to move pretty quickly. However, if we lock the way before then, we're good to go. I'll give you a call later on and see how long we are looking things so much. Hope to hear from you soon. Bye.


This what I got few days back

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Jul 22, 2020 05:38 PM
17 Posts
Joined Nov 2015
sairam1983Jul 22, 2020 05:38 PM
17 Posts
Quote from Rhizzlebop :
J
Sweet. I think I will apply at better Friday. I'm actually going on vacation Monday for a week so if they need documentation I hope that can wait till aug 3rd to get it. Or could maybe apply tomorrow. But won't give me much time to do apps elsewhere within 14 days upon my return.

Hoping watermark or loancabin can beat em and give me a good LE. I'm in South Carolina
Closing today and plan to apply again in 2 days to initiate the process and get another amex credit.
today closing -15 year 2.5% with 5000 lender credit versus A+B+C of 1300. Will apply again for 30 year and hopefully get a 2.5 30 year loan locked next month at no cost considering the rate trend

Jul 22, 2020 05:39 PM
1,961 Posts
Joined Nov 2007
RhizzlebopJul 22, 2020 05:39 PM
1,961 Posts
Quote from SomeXYZ :
You need to lock before 07/25. I got this from better team.
Quote from SomeXYZ :
it's Jacob calling back. Just wanted to go over your refinance application. Just a little word to the wise our AMEMX promotion expires on July 25th, so I'm not going to if we do want to continue to go forward with that. We do need to move pretty quickly. However, if we lock the way before then, we're good to go. I'll give you a call later on and see how long we are looking things so much. Hope to hear from you soon. Bye.


This what I got few days back
Gotcha. So he kinda left you a message to that effect.
Jul 22, 2020 05:56 PM
1,550 Posts
Joined Dec 2010
daw4888Jul 22, 2020 05:56 PM
1,550 Posts
Quote from bob.vinay :
Got it.. thanks.. I just emailed them about it. One other question is regarding appraisal. Since I have paid for appraisal and as part of amex promo this appraisal should be waived right, will this appraisal be on the closing disclosure as a credit? Or is it a statement credit?

I got a Task that informed me they would be refunding my Appraisal Fee to my credit card. But my Appraisal was waived, not just no-fee. So not sure if it would be different. I would ask for sure.
Jul 22, 2020 05:58 PM
25 Posts
Joined Nov 2015
yoyospyJul 22, 2020 05:58 PM
25 Posts
Any one know a good title company to use for Michigan? I don't think Radian is in MI
Jul 22, 2020 06:03 PM
1,003 Posts
Joined Nov 2013
sowhatwegetdrunkJul 22, 2020 06:03 PM
1,003 Posts
Quote from SomeXYZ :
You need to lock before 07/25. I got this from better team.
You sure? Terms says apply by 7/25 and close by 10/28

Nowhere it says about locking the rate by 7/25?
Jul 22, 2020 06:08 PM
11 Posts
Joined Jul 2017
bob.vinayJul 22, 2020 06:08 PM
11 Posts
Quote from daw4888 :
I got a Task that informed me they would be refunding my Appraisal Fee to my credit card. But my Appraisal was waived, not just no-fee. So not sure if it would be different. I would ask for sure.
Sure, just emailed my closing expert with all the questions.
Jul 22, 2020 06:16 PM
1,550 Posts
Joined Dec 2010
daw4888Jul 22, 2020 06:16 PM
1,550 Posts
Quote from sowhatwegetdrunk :
You sure? Terms says apply by 7/25 and close by 10/28

Nowhere it says about locking the rate by 7/25?

I wouldnt risk it. If this is what Better is saying. They seem to have full control over the credits, and can add them as needed to files. So I would assume they control telling AMEX if you qualify..

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Jul 22, 2020 06:25 PM
5,265 Posts
Joined Jul 2006
shahhereJul 22, 2020 06:25 PM
5,265 Posts
Quote from daw4888 :
I wouldnt risk it. If this is what Better is saying. They seem to have full control over the credits, and can add them as needed to files. So I would assume they control telling AMEX if you qualify..

To be honest thats shitty and it shouldn't be that way as that's why there are "Terms and conditions". They have it in writing and you do whats needs to fulfill the writing needs.


Not change it and control it as they wish and "Bait and Switch". I agree it says "Apply" and not "Lock" anywhere.


Shahhere

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