One of the benefits of buying DVC through resale is the flexibility of financing options. For financing details, please see the table below:

Monera-Financial-logo vacation-club-loans-logo
Length of Term 1 to 10 Years 1 to 7 Years
Down Payment Required Typically 5% to 30% (dependent on contract) 10%
Interest Rate 8.9% to 15.9% (depending on down payment and length of term) 9.9% to 15.9% (depending on credit score)
Credit Check Optional Yes
Service Fee No No
DVC Properties Financed All Florida based DVC properties All DVC Properties
Pre-Payment Penalty No No
Loan Minimum $4,000 None
Loan Origination Fee $199 $0
Mortgage Recording Yes Yes