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 timeshare_logo
Length of Term 1 to 10 Years 1 to 5 Years 1 to 10 Years
Down Payment Required Typically 5% to 30% (dependent on contract) 20% 10% to 30%
Interest Rate 9.9% to 15.9% (depending on down payment and length of term) 9.9% to 13.9% (depending on credit score) 11.9% to 13.9% (depending on down payment and length of term)
Credit Check No Yes Yes
Service Fee No No $5 per month
DVC Properties Financed All Florida based DVC properties All DVC Properties All Non-Florida based DVC properties
Pre-Payment Penalty No No No
Loan Minimum $4,000 None $4,000
Loan Origination Fee $199 $179 $139
Mortgage Recording Yes No Yes