How Jetro in Florida Reduced His Principal Balance by $13,600

replace your mortgage reviews

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

We had a 30-year mortgage with a $187,000 balance and a second HELOC with a balance of $89,000.

We joined RYM with a total balance of $276,000.

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

After 2 months, we reduced our principal balance to 262,400.

What was your biggest concern when deciding to join RYM?

After understanding the math concept, I really had no fear.

How has using the RYM strategy changed your life?

The RYM strategy has set me on a course to purchase rental properties, which will in return replace my income (job).

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

I would tell them that this is math not magic, so go for it.

About The Author

Michael Lush

Michael Lush is a mortgage industry expert, having spent fourteen years as a mortgage banker helping thousands of families with their mortgage needs. He is also a father and husband. Michael is co-author of the book Replace Your Mortgage: How To Pay Off Your Home In 5-7 Years On Just Your Current Income. Besides this blog, you can find him on Youtube where he shares more information about HELOC's.