The idea behind Velocity Banking is to use the HELOC (Home Equity Line of Credit) to pay off high-interest debt, such as credit card balances, and then pay off the…
If you are new to the blog, Velocity Banking is the strategy I am using to pay off my home in 7 years or less. I started off with a…
Velocity Banking is a strategy used to pay off debt really really fast, hence the name velocity. In essence, it is the strategy of paying off your debt in large…
Velocity Banking is a process that enables you to pay off your house in as little as 5-7 years. Guess what? It works!!! FOLLOW OUR MORTGAGE PAY OFF JOURNEY HERE!…
Velocity Banking is a process used to pay off your mortgage, student, or car loans as fast as possible. Learn more on our Getting Started page. Velocity Banking involves paying…
Step 1: Create a Budget The first step to creating your velocity banking system is to develop your budget. I know you probably hate hearing that word, but you really…
Let's assume that you just bought a house and took out a 30 year conventional $250,000 mortgage at 3% interest. At closing, they showed you that you would end up…
For those just tuning into Finance Throttle, my wife and I purchased our home with a mortgage of $282,000 @4.5% on January 1st, 2019. Just a short 2 years later,…
