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

We bought a new build with a $250,000 30-year mortgage at 4.85%.

When we joined RYM, we had about $226,000 of remaining principal balance after paying our monthly payment for 8 years.

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

It took us 7 months after joining the program to actually get our HELOC.

In just several months, we reduced our principal by several thousand dollars.

We used the equity in our HELOC for furthering our education in real estate investing.

What was your biggest concern when deciding to join RYM?

Our biggest concern was family and friends. I shouldn't have said anything to them when I was still trying to wrap my brain around it and learning how to articulate it clearly.

We are so conditioned to think one way and, the more time I spent watching videos and hearing Mike speak, I was more assured and confident that Mike was genuine and had a real interest in helping others like my wife and I.

We prayed about it and thought it was a logical risk worth taking.

How has using the RYM strategy changed your life?

One cool story is I shared RYM with my brother.

He went and did it himself and was able to free up money, so that he is now able to adopt 2 children from Bulgaria (in the works).

And for us, we were able to purchase a course on financial education that my wife are doing together. It's helped us bond more and spend more time together because we have to travel and work together.

So much good has come from us entering the RYM program, and I have a good feeling there is more to come.

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

Crunch the numbers and speak with a RYM rep. We were able to get more clarity about the program that way. My wife wasn't with me, but she came in about 45 minutes later, so our rep went back over it with my wife present.

I wanted her there because she processes information differently than I. Afterwards, we were able to bounce ideas, brainstorm together and share in the excitement.

So, have your spouse there because their strengths will help process the program better.

In the big picture, it actually is giving you and your family more flexibility, moving you forward to greater financial freedom.

So I know this might sound cliche, but it's actually fun. When you see the principal reduction, the speed at which the mortgage goes down and the availability of funds to utilize for future investments or vacations for the family, etc... it's really exciting.

It helps move you off the hamster wheel of life and will open up more possibilities.