In this episode of That Backyard Property Podcast Miniseries, we delve into the concept of loyalty tax in the mortgage industry. Learn what loyalty tax is, how it affects your interest rates over time, and ways to combat it effectively. Discover why it's crucial to work with a proactive mortgage broker and how regular interest rate discounts and property valuations can help you maintain an optimal financial position. We also discuss the significance of keeping your bank accountable and ensuring your broker earns their keep.

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Chapters:

00:00 Introduction to Loyalty Tax

00:41 How to Avoid Loyalty Tax

01:18 Post-Settlement Client Support

02:32 Importance of Regular Valuations

04:32 Conclusion and Next Episode Teaser

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Produced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Podwave Studios⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

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