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

We had a 30-year mortgage with a starting balance of $261,000.

We joined RYM with a mortgage balance of $259,000 after making monthly payments for 2 years.

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

After 9 months, we have reduced our initial balance of $276,000 ($259,000 + $17,000 in credit cards) to $258,000. Unbelievable.

What was your biggest concern when deciding to join RYM?

The initial cost, "If it's so good, why is everyone not doing it?", "Why would banks do this (HELOCs) for such a small profit?", "What if interest rates increase?", "Will I lose my tax write offs?" and "What if I need my savings?".

We tried disproving the math for weeks and couldn't.

My wife, a teacher and chairwoman of the Skeptic Society could not find any holes. All our concerns were adequately addressed by Michael and Matt. So we had to do it.

How has using the RYM strategy changed your life?

We no longer worry about paying down our mortgage before retirement. And now we see a faster way to acquire rental / vacation properties to enhance cash flow during retirement.

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

Review it carefully. Take it to your biggest naysayers and let them try to find you a better product to accelerate the pay-down of your mortgage.

Have RYM answer all your questions, and you will decide to go with RYM because of the value and peace of mind it brings.