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How Velocity Banking Works
This video explains how the Velocity Banking strategy works.
Velocity Banking is a strategy where you use a line of credit as your primary account and use lump sums to pay off a loan, usually a mortgage.
The idea behind Velocity Banking is using a line of credit will help you use your cash flow and extra money to cover expenses and also pay off your mortgage. Often the Velocity Banking strategy involves using a HELOC.
Determining the right financial strategy for your situation can be tricky, especially when there are so many options available like infinite banking, velocity banking and others.
After watching this video you will understand how the Velocity Banking strategy works. If you're unsure if Velocity Banking is best for you, schedule a free consultation with our office. We’re committed to finding you the best strategy for your specific situation.
Read more about velocity banking at: https://www.life-benefits.com/velocity-banking/
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