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

We had a 30-year mortgage for $450,000. We had about a $436,000 balance after paying 13 payments for 1 year.

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

Our balance is $400,000 in 1 year, but we used about $10,000 for home improvement. It would be closer to $390,000 without that.

What was your biggest concern when deciding to join RYM?

I thought RYM was a scam at first.

How has using the RYM strategy changed your life?

I have financial freedom now. When a good investment or a need for quick cash comes up, I have the ability to do it...

For example, I was able to buy a $3,300 horse trailer because of the cash available. I then was able to sell my old trailer for a $700 profit, and I can already sell my current trailer for around a $700 profit. With a typical mortgage I wouldn't have cash available to do this.

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

Make sure the income and expenses stay the same as imputed into the calculation at the beginning. It is easy to overspend because money is very accessible.