How Dustin in Illinois Paid Off $14,000 of Principal in Less Than a Year.

replace your mortgage reviews

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

I am a director at a Mortgage Bank and have always had “traditional mortgages”. When we joined RYM, we had $425K in

remaining principal balance after paying our monthly payment for three years. Additionally, I often referred to our “mortgage

strategy” as a “refinance addiction” because we always needed to access our equity. Hence, we have payed HEFTY fees over

the years to do so.

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

We have been with RYM for LESS THAN ONE YEAR and have accomplished so much! Our principal balance is $411K. Our

credit score has SKYROCKETED (over 74 points! I never thought I would flirt with an 800 FICO, but we are so close)! We

have reduced our overall debt and dramatically improved our monthly cashflow, which has been the biggest influence on our

principal reduction.

What was your biggest concern when deciding to join RYM?

The strategy never concerned us. It’s pure math and logic mixed with DISCIPLINE and some attention to detail. The fee to

become Platinum Members was probably the biggest concern. However, when we considered what we had paid (and would

continue to pay) for refinancing. Plus, we calculated the overall impact RYM would have on our short and long-term financial

state. Looking at the immediate impact made the decision to INVEST in the Platinum Membership simple.

How has using the RYM strategy changed your life?

Besides the financial impact, which is great and shouldn’t be taken for granted… there is an incredible “relief” or feeling like a

weight has been lifted when it comes to thinking about our financial strategy. First of all… we actually have a strategy! That

may sound silly, but it is VERY important. It’s also very nice to have a confidence that we are doing things the right way. We

recently had to shop for a vehicle and it was great to be able to force the banks to compete for our business, rather than sitting

with our fingers crossed that we would get an affordable interest rate (or even be approved). We had the option to be our own

bank, too! Ultimately, we were in control for the first time in a long time!

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

Wow… where to begin??? In no particular order… – LISTEN – Have an open mind. This strategy is NOT a trick. However, it is

different than most of us have ever heard of or were raised to use. Change is hard to accept sometimes, but this change is so

worth it! – Take the training/videos seriously. Listen to them, take notes, listen to them again. There is a TON of training, so

take your time, but DO IT. It’s not difficult, but it can be overwhelming at first. So, take small bites and ENJOY!