Velocity Banking

Velocity Banking has gained attention under various names like the HELOC Strategy, the Australian Mortgage, and the Mortgage Accelerator System. At its core, it’s a strategy designed to help individuals pay off their mortgage faster by leveraging lines of credit and streamlining cash flow. While the idea sounds appealing, it’s important to understand the risks involved before adopting this strategy.

In this episode, Tom and John McFie talk about the principles of Velocity Banking, examining how it works, its potential benefits, and whether it’s a safe and effective strategy for your financial goals. They also address common concerns and provide insights on whether or not you should consider using this method to accelerate your mortgage payoff.

Key Takeaways:

What Velocity Banking is and how it works.
The advantages and potential risks associated with this strategy.
Why it may be an effective way to pay off your mortgage faster—but not for everyone.
Important considerations before implementing the HELOC strategy in your financial plan.

Schedule Strategy Session »

Resources:

MoneyTools.net