The most popular form of financing on the resale market is a small home equity loan or signature loan with your local bank. You may also contact the below lenders of funds for timeshares. They are independent companies so you will need to contact them for the most current rates and terms. You may use the Loan Calculator below, provided by Vacation Club Loans, to get an estimate for your purchase.

 Vacation Club LoansMonera FinancialLightStream
Loan Terms1 to 10 Years1 to 10 Years2 to 7 Years
Down Payment Required10%Typically 5% to 30% (depending on purchase terms)None
Interest Rate9.9% to 15.9% (depending on credit score and loan terms)8.9% to 15.9% (depending on credit and loan terms)6.24% to 15.44% (depending on credit score and loan terms)
Credit CheckYes, 600 FICO requiredNot required.
Lower Rates & Terms available w/ a Credit Check
Monthly Service FeeNoNoNo
Properties FinancedAll PropertiesFlorida DVC PropertiesAll Properties
Pre-Payment PenaltyNoNoNo
Loan MinimumNone$4,000 (no Credit Check)$5,000
Loan Origination FeeNone$199None
Type of LoanMortgageMortgagePersonal Loan

*The above information is deemed accurate but not guaranteed. For the most current rates and terms, its best to contact the lenders directly. Revised: 11/23/19

DVC Loan Payment Calculator