If you'd like to learn more, please schedule time with us: www.calendly.com/tradfinance

Great job from Tallahassee Fl🎉

@HazeltineLLC

16 күн бұрын

Thanks so much for the kind words, it's greatly appreciated!

Great breakdown! You guys are awesome. Look forward to working with you guys one day soon.

@HazeltineLLC

16 күн бұрын

Thanks - I look forward to that day as well!

@passivebusinessmoneyinvest8810

12 күн бұрын

IS LIKE GETTING CASH VALUE LIFE INSURANCE .IS NOT A SCAM.

@HazeltineLLC

11 күн бұрын

@@passivebusinessmoneyinvest8810 Not sure if this is a real comment or a bot? But appreciate the input.

Great Video, where can I get that excel spreadsheet? thanks

@HazeltineLLC

5 күн бұрын

Can't publicly share the spreadsheet with you; it's for ambassadors only. If you schedule time with me, we can run your numbers. Otherwise, you can do some simplified calculations using the firstlienheloc.com website. Thanks for your reply and engagement.

@HazeltineLLC

5 күн бұрын

firstlienheloc.com/calculator/

If one has a HELOC and the housing market crashes and bank freezes your line then what. You can't draw from it And you still must pay the monthly payment. Thoughts.

@HazeltineLLC

14 күн бұрын

Thanks for your reply and engagement, very much appreciated! I will be posting an interview with Andy Brown, one of the loan officers for the all-in-one loan, very similar to the first lien HELOC. He took out his line in 2007; pretty much the worst possible timing. The solution worked beautifully for him through the crash, and provided him with extra liquidity to help him through it. So historically, banks haven't frozen first lien HELOCs, even in the worst case scenario. I believe it is theoretically possible, however, that if there were a major housing crash, the bank could freeze your HELOC. It's interesting though, that people only bring up these worst case scenarios when being presented with alternate solutions; they never seem to have any of these questions when it comes to the standard approach. It makes me think they're just looking for a reason to reject it, in order to avoid seriously considering it. All of the standard Wall Street approved solutions would be greatly damaged by a crash, yet no one seems bothered by this obvious risk. I would say this scenario is much less likely with a first lien HELOC though, because there's less risk to the bank than a standard 2nd position HELOC. I would also say, if the market were to crash, you could always draw your HELOC, and if the bank were to freeze it, you still got your money out. The question as always is "as compared to what?" I think in almost every situation, doing velocity banking with a first lien HELOC will put you in a better position than the standard approach; that doesn't mean there are no drawbacks, though.

@icon5892

3 күн бұрын

In a traditional loan your house just lost half it's value and your contracted to continue to pay regardless of its value because u signed on the dotted line. With heloc yes your loan will be adjusted but you will still be able to have access ro your equity and pay the house off in record time. The question is a valid question but the truth is what difference does make? You have no control. You still need to pay exactly the same either way. I had a 15 year @1.75% interest which is the lowest interest rate in history that I know. I closed on a first lien with 7.75%. Not only will I pay my house off in 5 year's I also save 75% in interest without changing any of my spending habits. The man that came over with the papers for me to sign to close on my house had a weird look on his face as he was giving me papers to sign. In his 15 year's he has never closed on a first lien heloc. He was hired by the bank I used that only does first lien helocs. That confirmed that many people have no idea about this type of loan. The truth is we have been programmed and told only about a traditional loan. Why? Because banks make 100% on a 3% loan why would they ever want you to learn about a first lien that can help speed up your financial freedom.

@HazeltineLLC

3 күн бұрын

@@icon5892 Wow that's interesting - congratulations on starting your first lien HELOC! If you had gone through the first lien HELOC program, that's really all they do, and it automates the whole velocity banking program. So it sounds like the bank you're working with doesn't really specialize in first lien HELOCs, certainly not velocity banking.

@icon5892

3 күн бұрын

​@HazeltineLLC The bank I used was first saving bank. They only do first lien helocs. I was first skeptical like most people. I did a zoom call with D'Andre and went over the number's. I ask all the questions the good and the bad and said this loan is for me. I have tried to convince many people about this loan and for some odd reason it doesn't resonate with them. Most people say well why isn't everyone doing this? I believe most don't know about or they don't understand it.

@HazeltineLLC

3 күн бұрын

@@icon5892 My thoughts exactly - why isn't everyone doing this? There are many answers to that question, of course. Glad to hear you're working with D'Andre!

Velocity banking is a scam. It’s just complicated enough to lose the common person not willing to do the math. In some situations it may be slightly faster to pay off debt then just paying more each month but just barely. For example you may pay off a house or car 1 month faster. Some scenarios it’s actually slower. If you want to pay off debt just payoff your debts as fast as you can by putting ALL of your available cash towards the debts. That’s all you have to do. No need to do velocity banking.

@HazeltineLLC

13 күн бұрын

Thanks for your comment and engagement, it's greatly appreciated! It's true that, if your only goal is to pay off debt, there are multiple ways you could potentially do it. I would say that velocity banking is a lot more than just paying off debt more efficiently. I would use velocity banking even if I had zero debt.

@redman2751

13 күн бұрын

@@HazeltineLLC the only thing I’ve seen people use Velocity banking is for paying off debt. Do you talk about those other uses in this video?

@HazeltineLLC

13 күн бұрын

@@redman2751 Not really - this video is answering specific objections, most of which center around misunderstandings of how interest is calculated. I primarily focus on Infinite Banking, not velocity banking, so I haven't done any videos on other uses of velocity banking. My clients have used velocity banking to fund Infinite Banking policies as well as real estate investments, as examples. There are some videos out there that cover strategies like these.

@HazeltineLLC

12 күн бұрын

@@redman2751 Here's an example of using a HELOC to fund a whole life policy: kzread.info/dash/bejne/h5ptldaiptfbeMo.html