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Nov
24
2018
by
Michael Lush
/
0
Comments

How Isaac in Ohio Paid Off $41,000 in Principal

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

We had a 30-year mortgage with starting balance of $247,969.

When we joined RYM, we had $242,000 in remaining principal balance after paying our monthly payment for 1 year.

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

After 7 months, we have reduced our principal balance to $201,000.

What was your biggest concern when deciding to join RYM?

I was not sure if this would work, and it was hard to convince my wife to join this program. But now we are happy we joined this program.

How has using the RYM strategy changed your life?

I had a dream of starting real estate investing, but with a mortgage it was hard to do financially.

With the RYM program, we are planning to buy our first rental property before the year ends.

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

You should join the program.

Michael Lush

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Disclaimer: Replace Your Mortgage does not offer mortgages, Helocs, or loans of any kind. Replace Your Mortgage is not a bank, and does not provide credit offers. Replace Your Mortgage is strictly for educational and informational purposes only.
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