Accelerated Lending Group Inc
Sean Morrison tried to take me for a due diligence fee of $14,700 and a feasibility report fee of $38,500 but refused to get me a loan or issue a refund
- 05-06-2011
- 6
Sean Morrison started with me on Feb 22. That's when I paid him my due diligence fee. A month went by before I heard from them again. I called weekly, emailed daily and no replies. I wanted a 100% financing through JV partnering and he said he could do it. After a month of him telling me there was nothing missing from my documents and the loan would go through he said everything I sent him was needing to be redone. A few weeks later he says I pass in house due diligence and he orders a feasibility study that cost $38,500. He originally told me the due diligence fee was covering everything. Then when I got that bill he says there is even more for the appraisal and travel expenses. Then he tells me he can only do 70% of the loan. I told him I needed a 100% loan or a refund and he refused both. Said it was my fault the loan didn't go through at 100% even though I did everything he asked me to.
Company: Accelerated Lending Group Inc
Country: USA
State: Florida
City: Palm Beach Gardens
Address: 4400 Northcorp Parkway Suite 223
Phone: 5618477141
Site: acceleratedlendinggroup.com