What was your mortgage situation prior to starting with Replace Your Mortgage?
We had 30-year mortgage. We put $20,000 down, with a balance of $218,000 after 9 years.
What is the current status of your HELOC and how many months did it take you to achieve it?
We closed on our HELOC on July 31, 2018 with a balance of $247,000 (we transferred 2 credit cards' debt).
The balance currently (in October 2018) is $236,500.
What was your biggest concern when deciding to join RYM?
We thought RYM was definitely too good to be true.
But, the videos and meeting with the consultant, where he went through the numbers and graphed it, helped us.
How has using the RYM strategy changed your life?
We feel like it's actually finally achievable to be debt-free before our youngest is halfway through college (he's a sophomore in high school) and that we'll actually be able to retire.
We want to be able to enjoy our kids and future grandkids and not have to work until we're old.
We are also hoping to be able to educate our children so they are smarter out of the gate with their money and home purchases.
What advice would you give to a homeowner considering trying the RYM strategy?
Believe it. The numbers don't lie.