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

We had a 30-year mortgage with a starting balance of $285,000.

After paying for 9 years, the remaining principal balance was $261,000.

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

We started in March 2018. I consolidated another HELOC for our starting balance of $302,000.

In six months, we have reduced our balance by $35,000.

What was your biggest concern when deciding to join RYM?

The biggest obstacle was convincing my spouse because we did not know anyone else that was doing it. It was a YouTube myth.

But, after seeing the calculations and showing a few financially savvy friends, I won her over and executed.

How has using the RYM strategy changed your life?

RYM made paying off our home enjoyable. We see progress.

I have something other than the weather and football to talk to people about.

It gives people options, whether you are looking to be debt-free or to use your house as an asset to make more income.

The 30-year mortgage option is a scam. Many people don't have a 30-year mortgage. They end up with a 40-year mortgage because they refinance a couple of times.

The RYM Facebook group, communicating together, also lets you know about successes and challenges. There is a community to reach out to that is not just coworkers, family or a neighbor.

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

Don't wait. It does work. Stay the course. Have discipline. Spread the word.

I asked mortgage brokers, when I was investigating, to poke holes in the strategy. None of them could find anything. Start it today.