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/

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