How to Avoid Paying the Loyalty Tax on Your Mortgage

Finance Dec 11, 2023
Featured video
Featured video

In this video, Jack from Entourage explains what it means to pay loyalty tax is and how it affects mortgage holders who stay with the same lender. He shares tips on how to negotiate your current variable rates with your existing lender and avoid paying more than new customers. By doing your research, preparing to negotiate, and being confident and assertive in your conversations, you can potentially secure a better interest rate on your mortgage. If you’re still struggling, you can also reach out to the experts at Entourage for a review of your mortgage situation. Watch now to learn how to avoid the loyalty tax and save money on your mortgage.