Minimum to finance buying Direct

[bibbidi_bobbidi_boo]

Can anyone answer why my rep says you can only obtain a mortgage thru disney with a purchase of minimum of 50 points... I have been watching the comptroller website and I have seen a few with mortgages 25 & 32 points different buyers buying direct and only a few weeks ago.

I wanted to purchase 75 points but on 3 contracts??

 

[bibbidi_bobbidi_boo]

Also same resort I want to buy into.

 

[Dean]

Can anyone answer why my rep says you can only obtain a mortgage thru disney with a purchase of minimum of 50 points... I have been watching the comptroller website and I have seen a few with mortgages 25 & 32 points different buyers buying direct and only a few weeks ago.

I wanted to purchase 75 points but on 3 contracts??

Historically it's been 50 but generally they'll count the total. Is this all at one resort, you're not trying to buy 25 at 3 different resorts are you?

 

[bibbidi_bobbidi_boo]

All at the same resort same use year.

 

[supersnoop]

All the paperwork I've seen does, in fact, state a minimum 50 points for financing.

 

[coastalhh]

Why do you want 25 on 3 contracts. Wouldn't that be more closing costs for no reason? 75 will sell just as well as 25

 

[Dean]

All at the same resort same use year.

As I stated, historically they've counted the totals for various minimums. You might ask they get a supervisor involved if it's important to you. Else you could do 50 + 25 which is likely a better choice anyway.

 

[Quellman]

Why do you want 25 on 3 contracts. Wouldn't that be more closing costs for no reason? 75 will sell just as well as 25

Maybe they have 3 kids they want to give the deeds to at some point? 25 point contracts doesn't seem overly useful unless they like taking a 2 day trip in the low season.