Arizona Department of Housing Hires Loan Worth Group to Help Facilitate HARP Applications for Eligible Arizona Homeowners


Rumson, NJ (PRWEB) December 05, 2012

Loan Worth Group, LLC (LVG) today announced that it has been hired by the Arizona Department of Housing (ADOH) to help promote and facilitate the application and approval process for a portion of Arizona home owners who may be eligible to get advantages under the terms of the Property Affordable Refinance Plan (HARP) 2. Principal Reduction Help Element of the Save Our House AZ Program.

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The Save Our Home AZ (SOHAZ) Plan was established by the Arizona Department of Housing in 2010 to supply assistance to homeowners who may possibly face foreclosure. SOHAZ offers help in the form of mortgage modifications, principal reduction, mortgage payment relief, quick sale help and second lien elimination.

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Below the terms of the agreement, which is designed to maximize the number of completed applications for HARP 2. help at no price to the customer, LVG will undertake a statewide education and outreach campaign with designated Arizona homeowners who could qualify for the HARP two. Assistance Program. Additionally, LVG will act as a facilitator for home owners whose applications are authorized by ADOH by working with participating lenders. LVG Managing Partner Frank Pallotta said, We comprehend that the method of applying for, and in the end finishing, a HARP can occasionally be difficult and time consuming. We are pleased to be functioning with the Arizona Division of Housings ongoing Save Our Property AZ Program, with the ultimate objective of helping Arizona home owners get significantly needed assistance in these difficult financial times.

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About Loan Value Group&#13

Founded in 2008, Loan Value Group, LLC is a huge scale, turn-key provider of private label, residential mortgage incentive methods that have a constructive and lasting effect of customer payment behavior. LVGs incentive programs and operation platform are made to help realign the long-term interests of homeowners, residential mortgage danger owners, State and Neighborhood Municipalities and mortgage servicers to the benefit of all. Based in Rumson, New Jersey, LVG is the creator and exclusive provider of the Responsible Homeowner Reward