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

We had a 30-year mortgage with a starting balance of $284,000.

We had a balance of $274,000 in remaining principal balance after paying our monthly payment for 1.5 years.

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

After 5 months, we have reduced our principal balance to 260,000.

What was your biggest concern when deciding to join RYM?

I did not know anybody implementing a first-lien HELOC strategy.

I knew second-lien HELOCs were possible but not first-lien.

After the initial call, running numbers and knowing that a first-lien HELOC exists and it’s possible, it was no holding back, besides convincing my wife. 🙂

How has using the RYM strategy changed your life?

RYM gave us peace of mind and flexibility to do house projects without having to get a second-lien HELOC.

It has also given me a sense of smart money strategy, so the educational piece was eye-opening.

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

Do some research on using different methods, including second-lien HELOCs, credit cards, etc. to pay off your mortgage.

Now, imagine using all those strategies in one with RYM.