In today&#39;s episode, Mike gives us an intriguing strategy for mortgage refinancing that many people may not be aware of. He shares his personal experience and a conversation he had with a mortgage lender about using a home equity line of credit (HELOC) to refinance his mortgage. He discusses the advantages of this approach and highlights the importance of understanding different strategies when it comes to personal finance.
 
 
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#63 - From Middle Class Mortgage Trap to Real Estate Empire (RECAST)

This podcast is dedicated to helping homeowners pay off their home faster using a Home Equity Line of Credit and to pay way less mortgage interest than with the traditional 15 and 30 year mortgages they are sold. Sound too good to be true? Maybe. All we ask is you listen in as your podcast host Matt Workman talks with HELOC expert Michael Lush on the different aspects of how this strategy works and why the banks don’t want you to know about it. Each episode will share more details about using a HELOC as well as featured success stories from clients of Replace Your Mortgage. If you have a mortgage and you have looked at your principal not really lowering as fast as you would like, there is a reason for that. We cover how the debt cycle with mortgages keeps repeating itself and leaves the borrower paying double for their house and in debt until retirement age. If you want to pay off your biggest debt and be able to spend more time with your family, this podcast is for you.