Adam Olausson
23 Nov 20231. Deceptive Financing Representation: Despite initial assurances of 75% Loan-to-Value (LTV) financing eligibility, the property, upon purchase, proved to be entirely unmortgageable. Even bridging loan lenders were unwilling to offer a 75% LTV, leading to a fee payment with no corresponding benefit. 2. Unsupported Below Market Value (BMV) Assertion: Dicio claimed a 10% BMV for the acquired property, yet failed to furnish evidence or contact information for the valuer responsible. This absence of supporting documentation resulted in loan rejections, as other valuers couldn't find comparable properties sold at a similar price. 3. Protracted Mortgage Broker Communication: The responsiveness of the mortgage broker was consistently sluggish, often taking several days or even weeks to address my inquiries.







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