Should You Pay Off Mortgage Early with HELOC? - The Truth about Velocity Banking

In this video I give my thoughts on using Velocity Banking in order to pay off your mortgage early using a Home Equity Line of Credit (HELOC).

While velocity banking can be a good strategy for some people to pay off their mortgage faster if you have access to a HELOC, there are drawbacks that you should be aware of before pursuing velocity banking using a home equity line of credit.

HELOC Explained Simply- How to get approved for a Home Equity Line of Credit:
https://www.youtube.com/watch?v=0qiNuwSste0

HELOC vs. Cash Out Refi Explained - Which is better?:
https://www.youtube.com/watch?v=gxiXEDgPhzE
Link to Velocity Banking Calculator provided by Sam Kwak of the Kwak Brothers: https://abcalculator.acceleratedbanking.com/

Видео Should You Pay Off Mortgage Early with HELOC? - The Truth about Velocity Banking канала Jay Costa