Michael Lush

How Chris in Virginia Bought a New Home and Paid Down $79,500 in Principal in 10 Months

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

I'm in the Air Force and we move around every 3-4 years.

We own 2 other rental properties, but we purchased our current home in Virginia with a first-lien HELOC. The purchase price was $729,500 and I brought $75,000 to closing to meet the 90% LTV limit.

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

After 10 months, my principal balance is $650,000.

What was your biggest concern when deciding to join RYM?

It was an iterative process of discovery and initial doubts. Finding the initial advertisement on FB and determining that it wasn't a scam was the first hurdle.

Thereafter, reading the book, watching the red-bearded wonder (Michael Lush) on YouTube and the first and second discovery calls happened in quick succession. The consultant very much helped to put me at ease, but the math just works.

How has using the RYM strategy changed your life?


When the light bulb finally went on, I felt like a heel. I had been living in the bank's pocket all my life and didn't know there was a different way. It's akin to waking up out of the Matrix and discovering the truth.

Thank you for finding me, educating me and empowering me. RYM is a revolution.

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

It is so damn exciting when you "get it." You want to jump from the rooftops and dive in immediately.

My advice: Crunch the numbers and then crunch them again.

If you have multiple properties, ask for advice / consultation and determine the best way to go.

If the numbers don't quite work out yet, they will. Stay patient, diligent and disciplined.

Michael Lush

Disclaimer: Replace Your Mortgage does not offer mortgages, Helocs, or loans of any kind. Replace Your Mortgage is not a bank, and does not provide credit offers. Replace Your Mortgage is strictly for educational and informational purposes only.
Top usertagbubblechevron-down