DVC Loan Requirements

Government-Issued ID

Driver's license, passport, or other valid photo ID for all borrowers.

Proof of Income

Recent pay stubs and W-2s. Self-employed borrowers typically provide two years of tax returns.

Purchase Contract

The signed DVC resale purchase contract from your broker. This triggers the ROFR process and your loan application.

Co-Borrower Info (if applicable)

If adding a co-borrower, their ID and income documents are required. Co-borrowers can help if income verification is the limiting factor.

The standard credit program requires a minimum FICO score of 650. If your score is below 650, or you prefer no credit inquiry, the No Credit Check option is available.

Yes. DVC Loans offers a No Credit Check loan option. There is no minimum credit score for this program. Down payment and income requirements still apply. Contact us to learn more about rates and terms for this option.

Down payments range from 10% to 20% of the purchase price, based on your creditworthiness. Borrowers on the standard credit program with stronger profiles typically qualify for the lower end of that range.

DVC Loans finances amounts starting at $4,000. This accommodates smaller DVC resale contracts. The maximum financed amount is $50,000.

Yes. Co-borrowers are always allowed. A co-borrower's income and credit profile are both considered in underwriting, which can help if your individual income or credit is a limiting factor.

Income verification is required for all loans. We accept pay stubs and W-2s for employed borrowers, and two years of tax returns for self-employed borrowers. If your income comes from retirement, Social Security, or other sources, contact us to discuss your situation.

DVC Loans issues loan approval the same day your application is submitted, Monday through Friday. Apply right after signing your purchase contract so financing is ready before ROFR even clears.

DVC Loans charges no origination fee and no prepayment penalty. You can pay off your loan at any time without cost.