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

I had a 30-year mortgage on a house that I originally purchased for $372,000.

Due to a couple of refinances (chasing interest rates), after three years of making payments, I actually owed $377,000 on the house when I began the RYM program.

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

After 3 months, I have reduced my principal balance by $31,000.

After 3 years of making payments on a traditional mortgage, I actually increased the amount of money I owed due to refinancing.

What was your biggest concern when deciding to join RYM?

My biggest concern was the cost of the program and whether or not the program was worth the price.

What helped me overcome that concern was just doing a LOT of research and running the numbers over and over again.

How has using the RYM strategy changed your life?

My current life hasn't changed, but I think my future has.

Knowing that I am now on pace to pay off my house in 4 years (as opposed to 30) completely changes the outlook on my future and opens up amazing possibilities.

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

This program isn't magic. Simply signing up won't automatically pay off your house.

You still need to be disciplined and diligent in your money management (maybe even more so, since you will now have access to a large line of credit). However, if you can be disciplined, you will see some amazing results.