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DVC financing fo CO residents?

Soonerj

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I’ve seen quite a few posts about not financing, but let’s say that I’m going to finance anyway. DVC says financing isn’t available for CO residents. Assuming that I’m going to ignore advice, how would I finance since I live in CO?
 

bnoble

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You would need to obtain a personal loan for it. This will be neither easy nor inexpensive. Probably the least expensive/easiest option would be home equity loan (assuming you own your home and have sufficient equity in it) but risking your house for a timeshare purchase sounds like a bad idea.
 

rickandcindy23

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The way home values have shot up in the last year, I would say the above is great advice. Refinance and do a cash-out loan.

If you do not own a house, then you should probably buy a house before you buy DVC. Going through Disney direct, prices are very high right now. I would say they will lower before they go higher. Not a good time.
 
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Dean

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I’ve seen quite a few posts about not financing, but let’s say that I’m going to finance anyway. DVC says financing isn’t available for CO residents. Assuming that I’m going to ignore advice, how would I finance since I live in CO?
There are companies that will finance DVC outside DVC. Monera and Timeshare lending are 2 that historically have done so. Lightstream has been able to do a personal loan that was lower than the rates of anyone that financed DVC. I would recommend against doing so against ones home.
 
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