Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

What Is Velocity Banking?

17 Jul 2024 · 1 min

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0:41

A short transcript excerpt from a YouTube video explaining the origins of velocity banking. The speaker attributes the concept to Harj Gill, who called it 'mortgage acceleration', founded Speed Equity in Australia, and wrote the book 'Own Your Home Years Sooner and Retire Debt Free.' The speaker compares Gill to Nelson Nash in influence.

Chapters

What is velocity banking? So I'm going to give you guys the origin of velocity banking. This book right here written by a man named Harj Gill. It's titled own your home years sooner and retire debt free. So that's just me giving credit where credit is due. This is the Nelson Nash of velocity banking for those are listening and understand that from that aspect. So this is the guy that really thought of this and he called it mortgage acceleration. That was the term. Company name is Speed Equity and he started this in Australia, approached the banks and went through a lot of turmoil, pain and being denied left and right and eventually had his strings of success.