LVG Launches RHReward.com to Educate Responsible Homeowners

Loan Value Group is launching a new website - RHReward.com - The Responsible Homeowner Reward Program, to reward homeowners who continue to pay their mortgage on time. Loan Value Group in Rumson, N.J., created the RH Reward program to offer incentives for homeowners to remain current on their mortgages by providing an opportunity to "earn" a significant cash reward when the mortgage is paid off, or if the home is refinanced or sold. There is no charge to eligible homeowners whose financial institutions choose to participate in the program. To get the program started, the homeowner with negative equity is presented with an initial RH Reward amount. The homeowner makes their full and timely mortgage payments, to keep their RH Reward status active. For a fixed period of time following registration, an additional amount of money will be added to the initial RH Reward amount for each month the homeowner maintains active status. Once the mortgage balance is paid in full either by sale of home, refinance of home, or paying off the mortgage, the homeowner can withdraw the entire RH Reward amount.