Card Members should consult a tax advisor with any questions about the tax treatment of statement credits. The value of the statement credit may be taxable income for Card Members, and they are responsible for any federal, state or other taxes resulting from this offer. In these cases, there may be a delay in applying the statement credit to the account if Better Mortgage is unable to reach the Card Member in a timely manner. There may be situations where Better Mortgage needs to contact the Card Member to confirm details related to statement credit fulfillment. ![]() The statement credit will be applied to an eligible Card Member’s account 8-12 weeks after their mortgage loan is funded. To learn more about conforming and jumbo home loans, call Better Mortgage at 87 or visit. Only one statement credit per property within a six- month period. These statement credits are limited to one per mortgage loan and cannot be combined with any other promotions, discounts or offers. American Express will post the statement credit based on the data it receives from Better Mortgage. The card account must not be in a cancelled status at the time the statement credit is applied.Ĭard Members will not receive a statement credit if their mortgage: (1) closes after 7/8/24 “Close-by-Date” for any reason, including delays caused by events out of their control (2) is not successfully funded (3) is for a property in a non-qualifying state īetter Mortgage, in its sole discretion, will determine the statement credit amount ($2,000 for a conforming loan OR $6,000 for a jumbo loan) at loan closing. To receive the statement credit, the eligible Card Member must be a borrower or co- borrower(s) on the loan application and enter their own 15-digit card number when prompted by Better Mortgage. This offer is not available to: Additional Card Members or holders of American Express Corporate Cards, Small Business Cards, Prepaid Cards and products, and American Express-branded cards or account numbers issued by other financial institutions. Offer cannot be retroactively applied to previously closed loans. Qualify for and successfully close your mortgage loan with Better Mortgage by 7/8/24 (the “Close-by-Date”). Lock your rate on a Better Mortgage loan application by the “Lock Rate-by-Date”, at which point an appraisal fee is charged andĬ. If you have already created an account with Better Mortgage, contact your Better Mortgage Loan consultant or call (87) to request the offer prior to your loan closing andī. Prior to 4/4/24 (the “Lock Rate-By Date”), create an account with Better Mortgage by either: clicking the “I’m purchasing” or “I’m refinancing” link on /amex or banking subsidiary of American Express (“eligible Card Members”), that meet the following requirements: This offer is only available to basic account holders of a personal consumer American Express Card, issued by a U.S. This offer is not available for properties in the U.S. This offer is available for properties in U.S. The effective date set forth at the top of this document indicates when these Terms and Conditions were last updated. This offer may be modified or revoked in whole or in part at any time. Offer only available on conforming or jumbo purchase or refinance loans. This offer is not a commitment to lend, nor a guarantee that you will be approved for a mortgage from Better Mortgage. Mortgage rates will vary by lender and you should shop around for the rate that is best for you. American Express does not control mortgage lenders’ rates or fees, and this offer should not be relied on as the sole basis for determining the cost of your mortgage. ![]() For questions, please call Better Mortgage at 87. American Express’ responsibility is limited to posting the statement credit based on the data it receives from Better Mortgage.īetter Mortgage is solely responsible for making all credit and lending decisions including determining whether the mortgage loan meets offer eligibility requirements and the statement credit amount. American Express is not responsible for any of the activities of Better Mortgage. This offer does not constitute an endorsement or recommendation of Better Mortgage or its mortgage services by American Express. The mortgage loan and mortgage services (including offer benefits) are provided exclusively by Better Mortgage Corporation, and are not provided, underwritten or serviced by American Express.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |