The eligible homeowner with negative equity is presented with an initial RH Reward amount.
To keep their RH Reward status active, the homeowner makes their full and timely mortgage payments.
For a fixed period of time following enrollment, 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.
I hope this helps some of you out there, and if you have any experience with this group, please leave a comment or email at email@example.com . Have a great day!