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AMEX + Better Mortgage Returns: get a $2,000 credit for conforming loans or $6,000 for jumbo mortgages

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I went through the preapproval process and on their welcome page it says:

If you're an American Express Card Member, we have a special offer for you. You can get a $2,000 or $6,000 statement credit on a conforming or jumbo loan when you refinance or finance your home purchase with Better.

Lock your rate by 09/13/2022 and close by 12/17/2022 to be eligible for the statement credit. Offer only available to basic account holders of personal consumer American Express cards Either $2,000 (for conforming loans) or $6,000 (for jumbo loans) statement credit Fine print: https://better.com/with/amex-what...fine-print

This offer is only available for mortgages on properties located in the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, and Washington, DC.

Let the competitive loan dances begin!

https://better.com/with/amex
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Created 06-11-2021 at 08:42 AM by coolmann
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Last Edited by LEGOProBuilder July 30, 2021 at 02:11 PM

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Joined Dec 2013
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elite-fusion
06-11-2021 at 09:23 AM.
06-11-2021 at 09:23 AM.
I wonder if I can get this benefit a second time around.
I originally refi'ed one property and got the bonus 2 years back. Now in a different house, and thinking of refi'ing, anyone know if I can get the bonus a second time around?
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Joined Dec 2005
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a0lsux
06-11-2021 at 09:39 AM.
06-11-2021 at 09:39 AM.
Won't show rates without soft credit pull, anyone wanna share what rates they got for good/great credit?
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Joined Feb 2008
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overzeetop
06-11-2021 at 09:40 AM.
06-11-2021 at 09:40 AM.
Bummer, I'm already half way though the process with them.
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Joined Aug 2009
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Original Poster
coolmann
06-11-2021 at 09:41 AM.
06-11-2021 at 09:41 AM.
Quote from elite-fusion :
I wonder if I can get this benefit a second time around.
I originally refi'ed one property and got the bonus 2 years back. Now in a different house, and thinking of refi'ing, anyone know if I can get the bonus a second time around?
Yes, already confirmed this with the loan agent who's helping me, as I'm in the same boat. He told me that I qualify again, even though I did this twice last year (and he found both my applications).
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Joined Aug 2020
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tablloyd
06-11-2021 at 09:42 AM.
06-11-2021 at 09:42 AM.
Also wondering rates. Under 3%?
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Joined Jun 2012
spins coupons into gold
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maroonhoo
06-11-2021 at 09:43 AM.
06-11-2021 at 09:43 AM.
:/ I close today
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Joined Aug 2009
The Italian Stallion
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Original Poster
coolmann
06-11-2021 at 09:43 AM.

Our community has rated this post as helpful. If you agree, why not thank coolmann

06-11-2021 at 09:43 AM.
Quote from a0lsux :
Won't show rates without soft credit pull, anyone wanna share what rates they got for good/great credit?
Rates change daily. They use the St. Louis FED index as a reference:

https://fred.stlouisfed.org/series/MORTGAGE30US

For example, today's index is 2.96, and Better is offering me 2.875 with $1k loan credit, with a 762 credit score.
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Joined Jul 2006
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jchu14
06-11-2021 at 09:48 AM.
06-11-2021 at 09:48 AM.
Quote from coolmann :
Rates change daily. They use the St. Louis FED index as a reference:

https://fred.stlouisfed.org/series/MORTGAGE30US

For example, today's index is 2.96, and Better is offering me 2.875 with $1k loan credit, with a 762 credit score.
Thanks for the link.

I refinanced to a 20year fixed in August 2020 with RocketMortgage with an amex promotion. Looks like rates are pretty much the same as the rate back then. I wonder if it's still worth exploring this deal though.

Does every amex holder qualify? I remember for the deal last year, you had to have received an invitation email from Amex for the deal. I got one from RocketMortgage, but not better.com
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Joined Jun 2010
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EdMcK515
06-11-2021 at 09:53 AM.
06-11-2021 at 09:53 AM.
Loved this deal last year. Downside this year is the .5% adverse market fee added to the loan by Fannie Freddie. Either will cost you more upfront or you take a hit on your rate to get rid of that half a point cost.
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Joined Jan 2020
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SiennaDeer8270
06-11-2021 at 10:05 AM.
06-11-2021 at 10:05 AM.
Can anyone confirm this works for all amex cardholders regardless of which card you have?
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Joined Feb 2007
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WindySummer
06-11-2021 at 10:16 AM.
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ChipQueen
06-11-2021 at 10:24 AM.
06-11-2021 at 10:24 AM.
Quote from maroonhoo :
:/ I close today
You can still qualify, but you have to call Better Mortgage at this number 877-688-3252 prior to closing.
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Last edited by FuschiaPlastic3634 June 11, 2021 at 10:37 AM.
Joined May 2020
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ChipQueen
06-11-2021 at 10:25 AM.

Our community has rated this post as helpful. If you agree, why not thank ChipQueen

06-11-2021 at 10:25 AM.
Quote from overzeetop :
Bummer, I'm already half way though the process with them.
You can still qualify. Call this number 877-688-3252.
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