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

We had a 30-year $100,000 mortgage on the house we bought in 2007.

We refinanced to a twenty year $72,000 mortgage in 2017.

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

Hmmm... we have paid it down quite a bit, but we have also added a bit (from quarterly taxes, significant dental work and some basement infrastructure work).

I believe we are at $59,000 (in October 2018) after an opening HELOC balance of $76,000 in June 2018.

What was your biggest concern when deciding to join RYM?

After talking with the RYM consultants, I was excited about the strategy.

My biggest concern was the logistics of transitioning the day-to-day banking.

How has using the RYM strategy changed your life?

I like being able to use the equity in the house, as opposed to wondering where the money is going to come from.

And it is very gratifying to pay down the principal, rather than putting money into lots of different “holding” accounts designated for specific purposes, such as taxes.

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

Do it. Watch the introductory videos, write down your questions, have a conversation (or two or three) with the RYM consultants and go for it.

The peace of mind from having a strategy in place has been well worth the investment.