How Malik in Texas Paid Off $43,900 in 1 Month

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

We were paying on a 25-year mortgage starting at $185,000.

After paying into it almost 4 years, our remaining principal balance was $173,000.

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

In month #1, we reduced our principal balance from $173,000 to $129,100. In two more months, our principal will be at $119,000.

What was your biggest concern when deciding to join RYM?

Our biggest concern was getting out of our thought pattern (mortgages) and learning a different strategy.

After joining RYM, we were equipped with the knowledge and support team we needed to make the financial change.

How has using the RYM strategy changed your life?

We feel much more aware of how money works, and how to make it work for us, by not paying hundreds of thousands of dollars in interest.

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

Do it. Once you apply the RYM strategy, a mortgage will almost seem like a slap in the face.

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.