The Short Answer: Yes, You Can
One of the most common questions we hear is whether financing is even possible for a resale DVC contract. The answer is yes. Several lenders specialize in timeshare loans, and the process is more straightforward than most people expect.
Disney itself offers financing when you purchase directly from them. But once a contract hits the resale market, Disney's financing disappears from the picture. That doesn't mean you're stuck paying cash.
How DVC Resale Financing Works
DVC resale loans function like unsecured personal loans with a specific purpose. A lender provides the funds to complete your purchase, and you repay them over a fixed term (typically 5, 7, or 10 years) at a fixed interest rate.
Here's what the basic process looks like:
- You find a DVC resale contract you want to purchase
- You apply with a lender that specializes in timeshare financing
- The lender reviews your credit and approves your loan
- Funds are sent to the title company handling your closing
- You make monthly payments until the loan is paid off
The entire approval process usually takes just a few days. Most closings wrap up in 30 to 60 days total, which is standard for any DVC resale transaction regardless of how you're paying.
What Lenders Look For
Because these loans are unsecured (the lender can't foreclose on your DVC points the way a bank can foreclose on a house), credit requirements matter. Most lenders want to see a FICO score of at least 600 to 640. The better your score, the better your interest rate.
Lenders also look at your debt to income ratio and employment stability. They want confidence you can handle the monthly payment alongside your existing obligations.
You can get an instant quote to see what rates and terms you'd qualify for without affecting your credit score.
Typical Loan Terms for DVC Resale
Interest rates for DVC resale loans generally fall between 10% and 14%. That's higher than a mortgage but lower than most credit cards. The rate you receive depends on your credit profile, the loan amount, and the term you choose.
Loan terms are usually 5, 7, or 10 years. A shorter term means higher monthly payments but less interest paid overall. A longer term keeps payments lower but costs more in total interest. There's no single right answer. It depends on your budget and financial goals.
For a detailed breakdown of how terms affect your monthly payment, check out our how it works page.
Down Payment Requirements
Most DVC resale lenders require a down payment, typically 10% to 20% of the purchase price. If you're purchasing a 150 point contract at $130 per point ($19,500 total), you might need $1,950 to $3,900 down.
Some lenders offer zero down options for borrowers with excellent credit, but this isn't the norm.
Why Financing Makes Sense for Many Buyers
Paying cash is great if you have it available and it won't strain your savings. But financing lets you spread the cost over time while you're already enjoying your vacations. Many families prefer to keep their savings intact for emergencies and let the loan payments fit naturally into their monthly budget.
There's no prepayment penalty with most DVC lenders, either. You can pay extra or pay off the loan early without any fees.
Getting Started
If you've found a contract you love (or you're still shopping), getting pre-qualified is a smart first step. It tells you exactly how much you can borrow and what your payments will look like.
You can start your application here or read our FAQ for more details on the financing process. We work with multiple lenders to match you with the best option for your situation.
DVC resale contracts typically range from $100 to $200 per point depending on the resort and use year. Financing makes ownership accessible even if you don't have $15,000 to $40,000 sitting in your checking account. And honestly, that's most people.