The fast track to Home Ownership!
Replace Your Mortgage - RYM
with an RYM HELOC – Home Equity Line of Credit
Would You Like To Pay Off
Your home in 7 years or less?
- Save $10's of thousands
- LEt Your HOME EQUITY WORK FOR YOU
Why Fire and Replace your Mortgage?
In a nutshell, this specific type of HELOC – Home Equity Line of Credit, is structured very differently than a traditional Mortgage or HELOC, whereas your income pays down the principle simply by making a “deposit” into your HELOC bank account that operates no differently than your current bank account–debit card, bill pay, zelle, transfers, checks, mobile deposits,etc.
Hi, My name is Lynn and I am a Replace your Mortgage (RYM) client. As a real estate investor I was seeking capital to acquire another property when I came across a Replace Your Mortgage video. I initially thought it might be some sort of scam but after watching it I became intrigued. I signed up and went through the live zoom presentation and I will admit, it took me awhile to finally get the “aha moment” and understand how it works, as it goes against everything you’ve been taught or knew about home lending.
My personal RYM HELOC example
Our mortgage owed was $189K (purchased in Jan. 2020 for $205K) and we had taken out a traditional HELOC (amortized loan type) for $50K in Nov. 2024 to complete a backyard renovation and pay off a business credit card debt. Combined we owed approx. $230K when we applied for the “RYM HELOC” in April 2025. Our home was appraised at $460K but we didn’t want or need that much so we settled on $340K for our “equity line of credit.” Once the HELOC was signed, which is similar to the mortgage closing process, and the HELOC bank account was established (takes about a week), we were able to move majority of our cash into the HELOC bank account. In less than one (1) month our principal went from owing $230K to $180K (my husband is a cash hoarder lol)! Our interest payment was less than $900 v. the $1700 we were paying each month on the mortgage and loan. Based on our combined income (now deposited directly into the HELOC), and low debt (no more mortgage or loan payments…yippee), we will have our home paid off in TWO (2) YEARS! Yes, I am going to repeat that again, we will OWN our home in TWO YEARS! A savings of over $170K in interest and we had a 30 yr 2.4% VA mortgage loan!
Key HELOC Characteristics
It becomes the 1st lienholder...HELOC pays off your Mortgage
Its an “open” account – Money moves in and out freely
Its Simple interest only – based on the amount of principal owed
You can see what the principal owed is on your HELOC banking app daily
All your income goes directly to principal (less expenditures/debts)…lower principal = lower interest payment.
Why Fire your Mortgage Company?
Here’s the kicker! We will never have to apply for another traditional loan again. When we undergo our next major renovation, the kitchen, all we have to do is “write a check” out of the HELOC and pay it off the same way we did our home. After that is our RV, after that we are considering a lake vacation home that we will also ABNB and will pay the HELOC off even quicker simply by depositing the ABNB income into our HELOC account and wipe out our principal in the process. We have essentially become our own bank by using our HELOC to make large or small purchases, pay bills, and pay off any debt super fast….how cool is that!!!!
Please note, this is NOT for everyone. Who is this HELOC for? Its for those who have their financial house in good order: 1. have good credit (680+); 2. have had no bankruptcies in the past four (4) years; 3. know how to budget (live within their means); and 4. have at least 10% equity in their home. These are the only type of clients Replace Your Mortgage will take on. Why? Because with this type of HELOC you have “direct access” to A LOT OF $$$ (amount of home equity), so if you are in a position to pay your principal down within at least 7 years, then you are an excellent HELOC candidate!
MY PERSONAL HELOC PRINCIPAL UPDATES:
Initial Principal May 30, 2025: $230,000
As of July 30, 2025: Principal owed $170,598.19; Interest Paid $877.58
As of August 29, 2025: Principal Owed $151,543.96; Interest Paid $796.59
Why am I so passionate about this? Because I truly want as many American’s as possible to own their home within 7 years and obtain financial freedom v. paying twice what your home is worth to a mortgage company for almost half your life time! Trust me, it is so worth the price to become a Replace Your Mortgage/Replace your University client where they teach you about the HELOC, receive one-on-one sessions; and be provided with heavily vetted banks as there only 1-3 in your state (they remove and add regularly) who perform the Replace Your Mortgage HELOC I explained above as you DO NOT want to get the wrong one!
Learn More About the RYM HELOC
If you are interested in Firing your mortgage company and paying your home off fast, then sign up to watch the intro from Michael Lush, CEO/Founder of Replace your Mortgage and start your HELOC journey.
Note: You will receive informative emails however if this isn’t for you simply unsubscribe .
RYM Client Reviews
About me
I am a Client of Replace Your Mortgage / Replace Your University and do not claim or represent myself to be a HELOC specialist. I simply want to “get the word out” as this is a home ownership gamechanger!