Looking into becoming a DVC member

[zerb]

I have $2,000 in disney dollars.
Can it be used for money down on a DVC purchase?
How many yrs can you morgage for?
What are the current incentives?

 

[tjkraz]

I don't recall anyone ever mentioning using Disney Dollars before, but I'd be surprised if you couldn't.

Mortgage can be for up to 10 years at 9.75% (assuming 20% down--which includes promotional discounts--and direct debit of monthly payments.)

The last incentive reported was $8 off per point (taking price down to $90 each) with the first set of points available almost immediately.

 

[lllovell]

I know you can use Disney Dollars from the Visa card to pay your annual maintenance fees, so I am with tjkraz...I don't see why they wouldn't take them as a down payment on a DVC mortgage. They are just like using a credit card as far as processing (from what I have experienced).

 

[CarolA]

I know it's none of my business, but $2,000 in Disney Dollars????? That's a lot of Disney Dollars!

 

[jennz]

lol CarolA - I was thinking the same thing!!

 

[Cruelladeville]

$2000 in Disney Dollars!?? You must have robbed Mickey!