Yes, you can finance a Disney Vacation Club resale purchase. It is one of the more common ways buyers complete a DVC resale transaction. What trips up many first-time buyers is that Disney itself will not do it. Their financing program only covers contracts purchased directly from Disney at retail. If you are buying resale, you need a third-party lender.
Why Disney Does Not Finance Resale
Disney Vacation Development offers its own financing program to buyers purchasing new contracts directly from Disney. Once a contract enters the resale market, Disney is no longer the seller and will not arrange financing for the transaction. This is a deliberate policy. It is one of the trade-offs that comes with buying resale at a discount from retail prices. You give up access to Disney financing, and you gain a significantly lower per-point cost.
Who Can Finance a DVC Resale Purchase
DVC Direct Lenders
DVC Loans is a direct lender built specifically for this purpose. We place a first-position lien on the DVC deed, which makes this a real estate secured loan rather than an unsecured personal loan. Our starting rate is 9.90% APR, with terms from 3 to 15 years depending on the resort and a minimum financed amount of $4,000. There is no prepayment penalty.
Because we only work with DVC contracts, we understand the full closing process. We know what the Right of First Refusal (ROFR) review looks like, how deed recording works at Orange County for Florida resorts, and what to expect from the resale brokers and title companies that handle these transactions. That familiarity matters when you are trying to close on a specific timeline.
Personal Loans
A personal loan from a bank or credit union is another option, particularly for smaller contracts. These are unsecured, which generally means higher rates than a DVC-secured loan. They can be approved quickly. For buyers purchasing smaller add-on contracts, this route can work. For larger purchases, the rate difference tends to make a direct DVC lender the better choice.
Home Equity
Borrowing against your home is possible if you have significant equity. Rates can be attractive, and the interest may be deductible. Approval takes longer than a DVC resale closing timeline typically allows, and you are securing the loan against your home rather than the DVC contract itself.
How the Process Works
Start by getting a rate estimate before you begin shopping. This takes about 60 seconds at our instant quote tool and does not require a hard credit pull. You will know your rate and approximate payment before you make an offer on any contract.
Once you have a contract under agreement, submit your full application. We typically issue a commitment letter within one to two business days.
Disney then reviews the contract during the ROFR period. They have 30 days to decide whether to match the purchase price and buy the contract themselves. The majority of contracts at fair market prices pass through without Disney exercising that right. After ROFR clears, the title company issues an estoppel letter and prepares closing documents. From accepted offer to funded closing, the typical timeline is 45 to 60 days.
What Documents You Will Need
A standard DVC Loans application asks for a government-issued photo ID, proof of income such as recent pay stubs or two years of tax returns if you are self-employed, and a copy of the purchase contract. Most applications take under 15 minutes to complete.
Common Questions
Can I finance with limited or no credit history?
Yes. DVC Loans offers a no-credit-check option as well as financing for borrowers across a range of credit scores. Rates are higher for borrowers with limited credit history. Contact us and we can walk through what is available for your situation.
Is a down payment required?
DVC Loans structures loans based on the per-point loan value of the contract and the option you select. Some options require more equity upfront than others. Our instant quote tool shows you the different down payment and monthly payment combinations for your specific contract before you commit to anything.
Does my choice of lender affect the ROFR outcome?
No. Disney evaluates ROFR based solely on the per-point price in the purchase contract. How you plan to finance the purchase is not part of that calculation.
Can I refinance later?
Yes. If you already have a DVC loan and want to explore a lower rate or a different term, DVC Loans can refinance existing contracts. Use the instant quote tool to see where current rates land for your situation.