Yes, we offer interest rate discounts on DVC financing. Interest rates start as low as 11.9% with excellent credit for up to 10 years and all DVC loans are guaranteed approval.
Due to the special relationships we have with DVC resale brokers, and we are DVC owners too, so we fully understand the whole process, which has made us the highest reviewed lender in the industry!
Our lowest rates for ten-year loans are the best in the industry with only 10% down payment (20% down for our No Credit Check option). Loans over $6,000 can be financed for 120 months while loans under $6,000 can be financed for 84 months.
We happily offer interest rate discounts on DVC financing based on credit scores:
INTEREST RATES BASED ON | |||
10 YEARS / 120 MONTHS | |||
RATE | |||
800-850 | CREDIT SCORE | 11.9% | |
700-799 | CREDIT SCORE | 13.9% | |
600-699 | CREDIT SCORE | 15.9% | |
599 or less & NO Credit Check Option | 17.9% |
We can now offer terms of 10 years (120 months) for any loan over $6,000 thus making your monthly payment even lower. A mortgage will be recorded so ask your CPA if mortgage-interest may be taken as a deduction!
For loans of less than $6,000 the maximum term is 7 years (84 months) still keeping your payment low!
See our easy, payment calculator here: Rates and Calculator
** Vacation Club Loans does not collect 30 days of prepaid interest at closing like other lenders.
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