Odyssey Financial
13 reviews
Rip off – Setup a whole lot of insurances so he get a kick back each time and when asked where is all these policies financed, dont worry it is coming out of your super, so you might have an insurance which you might not need and your super is dwindling away with your the kick back they are taking for setting up those which you do not need..A.H
Crooks, scammers, dodgynn – Do not trust. Purchased an investment property. Was promised minimum $560 p/w rent. Getting just half that - pre-Covid. Advice way off almost fraudulent and he (Nic Don) doesn’t give a toss.
You've done it again!!! – Paul Loupetis and Natalie Kairouz have done it again!! Even in these difficult times, they went out of their way to ensure we got our loan for our investment property! I can't fault them. Despite the fact that we have worked with them before, they still took the time to explain all the processes, make sure we understood all the products on offer… Read more
and secured us another loan. What a stellar team! Thank you guys - we are forever grateful! Eddie Morrissy and Maria Gampa
First Home Buyer – Paul and his team came referred via a friend who spoke very highly of Odyssey Financial. They recently assisted us in obtaining our first home loan and then the subsequent purchase of our house. Paul went out of his way to ensure we fully understood the various products in the market and he was able to guide us into the right direction. We made… Read more
their job hard with some quick deadlines, but they rose to the occasion and went over and above. I am so glad we worked with Odyssey - they did a stellar job and I'll be forever grateful.
BAD advice - do not trust! – I was told investment would increase in value. Rubbish. Was sold at $530k would be lucky to get $400k if I sold it today. Rent was supposed to be $450 per week, has been falling and now at $350. Worst investment EVER! So angry. If anyone reads this please PLEASE AVOID using them. They are crooks.
Unreliable advice – I was referred to [name removed] by my mortgage broker, where I purchased a one bedroom apartment off the plan in Footscray. I was given an investment plan showing how my investment would pay itself after 7 years, but so far my investment property has not increased in price and the rent has not gone up ever since I bought the property in 2013. … Read more
On top of that, I was given an authority loan document to sign, and I was assured that I would lock into a fixed loan for 2 years only. However, the agency, assuming they get more commission from the banks, locked me in for 5 years instead at an interest rate of 5.5% over the past few years, which is ridiculous.
I would warn anyone considering investing with this company to stay away as they are not doing it in their clients best interest. Worst investment ever for me.
Top Service and attention to details – I have used Odyssey Financial for my loans and refinancing for the last 15+ years. Each and every time the service have been exceptional and first class. I have recommended Nic Don to my friends and they have also have had excellent service. They are a premium mortgage broker for me.
Not the best – What can i say very good morgage brokers. But at the end of the day purchased an appartment 8 years ago and would be lucky to get back what i payed for it
Do Not Trust – We were looking for a Financial Planner, and were conned into buying an Apartment off the plan. We were told rent would attract 560 per week, but we are not even close. Plus, the value of the Apartment is significantly lower than the price we paid. DO NOT TRUST this company. Only out to swindle you and make money for themselves rather than offering "financial advice".
Not trust worthy – I was promised a $500 refund for completing statement of advice but never eventuates. They didn't bother explain to me the ongoing costs of super (eg commission), only found out thru statement. Very short sighted and greedy!!!
Paul and team are amazing – Paul has been our mortgage broker for about 4 years and has managed to secure us 3 home loans in that time. He has gone above and beyond for us each time, saving us money on fees and getting us a competitive product. We have recommended friends and family to Paul and they have given us similar feedback. He even managed to beat down our current… Read more
lenders interest rate, which gives him no additional personal benefits but obviously makes a difference to us. Any issues or questions we simply call Paul or Linda and they sort it out.
Garbage – I bought a property off this fern 6 years ago for 429 thousand it is now valued at 350. I was promised at the meeting this property will increase in value every year. I also was promised 430 dollars a week rent its only getting 330. As a novice property investor I am now struggling to continue buying as this property has set me back. And now been pushed out of the housing market. Never again.
Very Very bad loan broker in Victoria – We got very bad experience with this loan broker...We just have to be very careful and hopefully never happen to other clients. We signed up and got a home loan contract with one of loan the lender through this broker/Odyssey Financial. After we signed up the home loan contract and did the settlement through this broker, suddenly, this broker… Read more
sent an invoice to us in order to pay commission to this loan broker and we have to pay more money. We thought it was illegal and it was not right. We rang this broker to ask what's happening but they just don't care and they didn't want to explain to us. After one year later, we want to exit and change with other lender, but there was an exit fees or penalty fees for 2% from total home loan if we change to another lenders. We didn't realize that there was an high exit fees and we just been trap with home loan lender, because this broker/Odyssey Financial didn't explain to us and they just want to get client as much as they want and the didn't care much to clients/customers. We felt very upset and disappointed with this broker, but it was already too late. How an idiot we are. So, at the end, we have to pay an exit fees and we didn't want to deal anymore with this broker ever in life and we are not recommended to other people, too. Just be careful and read properly in the loan contract before signed it through this broker
Poor customer service, doesn't care with client/customer and giving wrong information
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Nick sold me an investement property off the plan 9 years ago promised the world. Be lucky to get… Read more