DVC Financing with Less Fees to Buyers is better than ever! Why?  Because many families are learning that the resale market has the best value anywhere.  With smartphones armed and ready, we all are finding the best deals on every purchase.  In fact, currently shoppers will consult the internet eight times before making a large purchase decision and DVC Resale is no different.

With various DVC Resale Points Packages available, at every home resort, you can select and choose the one that best suits your travel plans and budget.

You may have the ability to pay for the whole purchase in cash, especially since you are saving money on the resale market; however, you may not want to.  You may not have the full amount in cash today when you spot that perfect package for sale.  Either way, we’re here to help unravel the process and explain how easy financing has become.  With Vacation Club Loans, we do not charge mortgage recording fees to our buyers thus saving you between $300 -$500 per loan!  Here are details on how to use DVC financing with less fees to buyers.

STEP 1:

Know your credit score.  If you are not sure of your credit rating, check out a free, easy to use website like www.creditkarma.com.  You can immediately view your credit score.  The higher the score, the better the interest rate, the more you save!  Credit scores above 750 are considered Excellent and here is where you will receive the best interest rate for DVC Resale purchases at 9.9% APR.  This is extremely competitive and better than most credit cards.  If your score is 699 or less then your interest rate is 11.9%.  Keep in mind a score of 650 is required.  If your score is less than 650 right now, work on improving your payment history and lower high debt balances.

STEP 2:

Apply.  When you are ready to move forward and want to purchase a DVC Resale Points Package, complete our one-page credit application.  We will notify you immediately of your approval.  As long as your credit score is above 650 you automatically qualify for a loan of up to $20,000 to $30,000.

STEP 3:

Shop.  Work with your resale agent and find the perfect points package.  Make an offer and get excited!

STEP 4:

Choose Your Monthly Payment.  Now that you have your contract and purchase price, we will work together to see what monthly payment works best for you.  Your down payment will be 20% minimum; however, if you want to lower your payments you can put more down. Since you can finance up to 60 months we can offer low payments easily.  Best part – prepay the loan anytime without a penalty.

STEP 5:

Closing.  We will work with your agent and licensed title company through the closing process.  You will receive your loan documents with your purchasing documents so you can sign everything at once.  We will be notified at closing that you are ready and we will send the funds to the title company the same day.

Since we do not charge our buyers Mortgage Recording Fees, you save approximately $400 right here.

STEP 6:

Vacation Time!  Go have fun and enjoy your new accommodations using your points, making low and affordable monthly payments as you go.

 

If you are curious to see what your payments might be – use this quick and easy calculator:

https://www.vacationclubloans.com/rates-calculator/

For additional information visit our website www.vacationclubloans.com