What was your mortgage situation prior to starting with Replace Your Mortgage?
We had a 30-year mortgage with a starting balance of $284,000.
We had a balance of $274,000 in remaining principal after paying our monthly payment for 1.5 years.
What is the current status of your HELOC and how many months did it take you to achieve it?
After 5 months, we have reduced our principal balance to $260,000.
What was your biggest concern when deciding to join RYM?
I felt RYM was too good to be true. A scam / ripoff. Uncommon / unheard of, therefore scary and risky when “messing” with finances when they are already “good” and “stable.”
Talking with the consultant about how RYM really works, he assured us there would be a way to get our money back if for any reason we weren’t satisfied.
Hearing there was a Facebook group of real people / members and support / success stories helped.
Hearing Michael was a man of faith was also reassuring, in that he would be acting and giving forward with the knowledge he gained.
How has using the RYM strategy changed your life?
RYM has given me financial peace of mind -- the ability to know I can invest in my home, my immediate family and give back to other friends and family.
What advice would you give to a homeowner considering trying the RYM strategy?
It’s not a scam. It’s real people with real numbers and real success stories.
Trust the process and be strict with your finances. Do your research. Know the ins and outs of your numbers for the past 3-4 months.
Make a goals list to keep motivated and never stop working and adding to it.