Some purchasers may opt to use a lending institution to buy a timeshare resale. Financing options are numerous for buyers interested in securing a loan. The numerous options to financing a timeshare purchase include:
Specialty Financing. Some buyers may elect to finance a portion of their timeshare resale purchase using a third party specialty finance company. Numerous sources offer financing options to buyers looking to finance timeshare resale's. More importantly, financing rates and terms are typically more favorable to a buyer when compared to developer financing.
Credit Unions. For many buyers that belong to a credit union, financing may be found at attractive member interest rates. Most credit unions will finance the entire amount your timeshare purchase through a personal or "signature" loan on approval of credit.
Home Equity Lines Of Credit. Many purchasers with a good percentage of equity in their home can enjoy financing at below developer interest rates the entire amount of their timeshare purchase in a home equity line of credit.