Borrower secures a mortgage loan from a participating lender as normal and agrees to participate in the Mortgage Loyalty Rewards ™ program
Borrower is offered a contingent cash Reward of up to 25% of interest paid over the life of the 30-year mortgage.
•Borrower account is setup on the TotalWorth portal and secure login is provided.
•Lender licenses Mortgage Loyalty RewardsTM program.
Borrower begins to make regularly scheduled mortgage payments
TotalWorth begins funding the Mortgage Loyalty Rewards ™ program on behalf of the borrower
Borrower continues to make payments, reduce their loan balance, build home equity and increase reward savings
Borrower can refinance the mortgage at any time and may rollover the reward to their new mortgage
Compounding returns allow the funded balance in the Mortgage Loyalty Rewards ™ program to grow
Borrower monitors the growth over time by accessing the secure Total Worth online portal
Borrower pays off mortgage loan and claims their Mortgage Loyalty Rewards™ rebate
Frequently asked questions:
Frequently Asked Questions: