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

We had a 30-year mortgage with a $384,000 balance.

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

We have been using this strategy since February 2018. Our balance went down $30,000 the first month. After 8 months, we were able to also pay off $50,000 of debt.

We used the extra money available to us in our HELOC to pay off our vacation timeshare and start working on investing.

So, although our balance is not going down much right now, it will go down even faster with a few houses under our belt. Which we would not have been able to do without the RYM strategy.

What was your biggest concern when deciding to join RYM?

We were afraid it would not work. However, when the consultant showed us the math, it was easy to see it would.

How has using the RYM strategy changed your life?

We know we will be able to retire with our house paid off and a little bit of passive income from the investments.

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

If the numbers make sense (and they don’t always make sense for everyone), just do it. You will save money.