How Pamela and Ray in Alabama Paid Off $35,000 in 9 Months

What was your mortgage situation prior to starting with Replace Your Mortgage?

We purchased a new home in April 2016. In the first 15 months, we paid $22,000 in mortgage payments. $17,000 went to the bank and only $5,000 to our principal balance.

What is the current status of your HELOC and how many months did it take you to achieve it?

In nine months, we have reduced our principal balance by $35,000. We also pulled $5,000 out of our HELOC to take advantage of an investment opportunity that generated us a 20% return!

We are on track to pay off our home in six years. Plus, we love having the ability to access OUR money!

What was your biggest concern when deciding to join RYM?

Our issue was just to understand how the HELOC and the program worked. It’s different than a standard mortgage.

However, Edmund Fontana was extremely helpful and patient in working with us and answered all our questions.

How has using the RYM strategy changed your life?

It will enable us to keep our “new home” into our retirement years, since we will own it free and clear!

What advice would you give to a homeowner considering trying the RYM strategy?

I highly encourage all homeowners to take the time and understand the process. They will not regret it!