High Yield Interest Savings Account/Opportunity Cost

The Velocity Banking strategy involves using a line of credit to make lump sum payments on a mortgage while diverting cash flow to pay down the credit. The flaw lies in using debt to pay down debt, leading to a transfer of interest costs rather than true debt elimination. Its risky at best. #mortgage #interestrates #heloc #homebuyertips #alabamamortgageguy

Velocity Banking 101: How to get Started

VELOCITY banking & how Denzel Rodriguez inspired our lives!