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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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Aug 06, 2020 03:36 AM
499 Posts
Joined Feb 2012
Mikey122687Aug 06, 2020 03:36 AM
499 Posts
Quote from Fiunk :
Miguel from Better?
Yes, correct.
Aug 06, 2020 03:42 AM
95 Posts
Joined Jun 2014
vijay_slickAug 06, 2020 03:42 AM
95 Posts
Quote from Mikey122687 :
Miguel gave me 2.5% with $2938 credits for 30 years, 358k loan 74% LVT
Is this with or without price match?

It shows 2.5% with $18000 is points for me in CA. This is for 750k with 73% LTV.
Aug 06, 2020 03:45 AM
499 Posts
Joined Feb 2012
Mikey122687Aug 06, 2020 03:45 AM
499 Posts
Quote from vijay_slick :
Is this with or without price match?

It shows 2.5% with $18000 is points for me in CA. This is for 750k with 73% LTV.
$18,000 as in $18k? or $1800 and you added another 0?

I got price matched and beat by $1000 (apparently, this is still a thing).

WM gave me $1527 credits and they added $1000 on top of it. By the time I lock rates over the phone, he gave me extra few hundreds.
Aug 06, 2020 03:47 AM
95 Posts
Joined Jun 2014
vijay_slickAug 06, 2020 03:47 AM
95 Posts
Quote from Mikey122687 :
$18,000 as in $18k? or $1800 and you added another 0?

I got price matched and beat by $1000 (apparently, this is still a thing).

WM gave me $1527 credits and they added $1000 on top of it. By the time I lock rates over the phone, he gave me extra few hundreds.
Yes It is $18K. This is what better shows without any price match.
Aug 06, 2020 03:59 AM
53 Posts
Joined Aug 2008
echeloneAug 06, 2020 03:59 AM
53 Posts
Quote from Mikey122687 :
Miguel gave me 2.5% with $2938 credits for 30 years, 358k loan 74% LVT
What is your A+B+C.? This is a great rate
Aug 06, 2020 03:59 AM
499 Posts
Joined Feb 2012
Mikey122687Aug 06, 2020 03:59 AM
499 Posts
Quote from echelone :
what is your a+b+c.? This is a great rate
$1164
Aug 06, 2020 04:19 AM
640 Posts
Joined Jul 2015
hemihemiAug 06, 2020 04:19 AM
640 Posts
After several price matches I am at 2.625 with $1800 lender credit. A+B+C is $1700. So net cost is -$100. Locked in.
Not bad but I want to get 2.5 with $4-5k lender credits like mentionedSmilie I am still hoping on Loan Cabin or Watermark to contact me.

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Aug 06, 2020 04:21 AM
640 Posts
Joined Jul 2015
hemihemiAug 06, 2020 04:21 AM
640 Posts
Quote from Mikey122687 :
$18,000 as in $18k? or $1800 and you added another 0?

I got price matched and beat by $1000 (apparently, this is still a thing).

WM gave me $1527 credits and they added $1000 on top of it. By the time I lock rates over the phone, he gave me extra few hundreds.
They told me their new policy is beat by $100 not $1k anymore. Arnold sent me a link stating that. Looks like Miguel is more generous than ArnoldSmilie
Aug 06, 2020 04:33 AM
95 Posts
Joined Jun 2014
vijay_slickAug 06, 2020 04:33 AM
95 Posts
Quote from hemihemi :
After several price matches I am at 2.625 with $1800 lender credit. A+B+C is $1700. So net cost is -$100. Locked in.
Not bad but I want to get 2.5 with $4-5k lender credits like mentionedSmilie I am still hoping on Loan Cabin or Watermark to contact me.
Which is the lender that gave you 2.625%?
Aug 06, 2020 04:35 AM
499 Posts
Joined Feb 2012
Mikey122687Aug 06, 2020 04:35 AM
499 Posts
Quote from hemihemi :
They told me their new policy is beat by $100 not $1k anymore. Arnold sent me a link stating that. Looks like Miguel is more generous than Arnold
Miguel Alvarez isn't too bad. I heard bad things about him but in my case, he did everything right.
Aug 06, 2020 05:16 AM
640 Posts
Joined Jul 2015
hemihemiAug 06, 2020 05:16 AM
640 Posts
Quote from vijay_slick :
Which is the lender that gave you 2.625%?
Sebonic gave me 2.615.
Aug 06, 2020 06:27 AM
555 Posts
Joined Dec 2011
natarajanjAug 06, 2020 06:27 AM
555 Posts
Quote from sskumarsd :
for me its Michael DaCruz
How was he ? He doesnt seem very responsive ? He's currently my dedicated Concierge
Aug 06, 2020 10:44 AM
324 Posts
Joined Jul 2016
sskumarsdAug 06, 2020 10:44 AM
324 Posts
Quote from natarajanj :
How was he ? He doesnt seem very responsive ? He's currently my dedicated Concierge
It's waste of time... also he didn't match le I gave him... so I left the application...
Aug 06, 2020 12:31 PM
166 Posts
Joined Jan 2013
bclintonbjAug 06, 2020 12:31 PM
166 Posts
Better updated my LE to show requiring 12 months of property tax at closing... I've got a full escrow account with my current mortgage... are they really going to make me drop $$$$ at closing and wait for it back from current escrow?

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Aug 06, 2020 12:38 PM
5,262 Posts
Joined Jul 2006
shahhereAug 06, 2020 12:38 PM
5,262 Posts
Quote from pavan87 :
Has anyone actually closed with Valero Title in Texas? If so, can you share your experience?

I know they do not charge a escrow/settlement fee so they should be the lowest cost option available. However, I tried to call them during normal business hours twice and could not reach anyone. I asked for a title quote via email over a week ago and they did not respond. Their review, at least for the Dallas office, are pretty poor to average.

There also appears to be an error in their title insurance calculator. I believe the 50% discount for under 5 years is based upon the original policy amount and Valero is basing it off of the premium for your refinance amount.

While they may be the lowest cost option, I don't want them to mess up by closing or miss pay off deadlines when I can pay a trustworthy title company $200 for their escrow/settlement fee.

Any insight would be greatly appreciated. Thanks!

Honestly speaking unless you have something outside of normal these Title searches should go without a hitch and the only issues everyone is going to run into will be time delays from Title Company and County Offices.


I for one have had random changes made by me to he Title lol so I am always in the not-so-normal category and except for this time around where Better did not communicate things and was just sitting there along with Radian not sending information correctly and me deciding to change the deed caused almost a 2 week turn around in all of it. If you look up Radian reviews (I just recently did) and you'll see the same thing that their reviews are horrible and many of those reviews have other things going on.



Once of the biggest issues you run into is not the Title company itself but the Notary/Closing Agent that they hire who are freelancers and will either not communicate or will have other delays purely on their end and so tight closings have a potential to become nightmares as many of them book crazy back to back closings as they get paid flat fees to close each one.


Once you decide to go with these low cost Title Companies I'd suggest staying on top and emailing a contact or calling them on a reasonable time frame (2-3 days) to see where the process stands such as Order Placement, titlework search, clear to close from their end to the lender etc...even after that stay on top of them setting up an appointment and finding you a closing agent.


Shahhere

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