There are several financing options to make buying DVC resale fit your budget. For more details on these lenders and their financing options, please see below:
There are several financing options to make buying DVC resale fit your budget. For more details on these lenders and their financing options, please see below:
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Length of Term | 1 to 10 Years | 1 to 10 Years | 1 to 10 Years |
Down Payment Required | Typically 10% to 20% (dependent on contract) | 20% | 10% to 30% |
Interest Rate | 9.9% to 15.9% (depending on credit score) | 8.9% to 15.9% (depending on down payment and length of term) | 9.9% to 13.9% (depending on down payment and length of term) |
Credit Check | Yes | Optional | Yes |
Service Fee | No | No | $5 per month |
DVC Properties Financed | All DVC properties | All Florida based DVC Properties | All Non-Florida based DVC properties |
Pre-Payment Penalty | No | No | No |
Loan Minimum | None | $4,000 | $4,000 |
Loan Origination Fee | $0 | $199 | $139 |
Loan Origination Fee | No | Yes | Yes |
Website | www.vacationclubloans.com | www.monerafinancial.com | www.timesharelending.net |