How much are you paying to finance your timeshare or destination club home? Are you looking to purchase a new one? Or, are you trying to buy or sell a unit, but finding it difficult to close the deal for lack of financing?
Now you can find unsecured, fixed-rate financing that is currently as low as 5.89% APR* with AutoPay including a .10 special member discount arranged between the National Timeshare Owners Association and LightStream, the online lending division of SunTrust Bank.
“Timeshare financing can be difficult to find, especially if you’re interested in buying or selling a unit in the secondary marketplace, or if you want to refinance an existing loan.” said NTOA Director of Member Services Lisa Ann Schreier. “We’ve partnered with LightStream because they make getting a low-interest loan, easy. Members receive a special discount when they apply through the NTOA. And, unlike many lenders, LightStream never charges fees or prepayment penalties.”
NTOA members who are U.S. citizens with good credit may obtain a $5,000 to $100,000 LightStream loan for any property, anywhere in the world. It’s a fast, easy online process that lets customers see exactly what they’ll pay. There are no liens, no collateral, and virtually no paperwork.
With LightStream, customers receive an answer quickly and, if all conditions are met, funds can be delivered directly to the borrower’s bank account as soon as the day they apply. Best of all, funds can be used not only to refinance or purchase a property, but also for any other cost that may be associated with it, such as travel expenses, improvements, dues or additional membership expenses.
While LightStream is built to be intuitive, convenient and streamlined, it complements its online application and account management platform with customer service representatives who are available during business hours. In fact, customers who fund a loan with LightStream are backed by a $100 Loan Experience Guarantee, assuring they’ll have an exceptional loan process. (See the LightStream site for details).
Many owners have already discovered LightStream, including one who wrote after financing a timeshare that “it has been an outstanding experience! Coming from someone who works in the financial services industry, I have an excellent perspective of what great service is and what it isn’t.”
To see if you may be eligible for fast, convenient LightStream financing—which could save thousands of dollars over the lifetime of your fractional loan—visit NTOA’s special LightStream site.
*Your APR may differ based on loan purpose, amount, term, and your credit profile. Rate is quoted with discount and AutoPay repayment option which is only available when you select AutoPay prior to loan funding. Rates under the invoicing option are 0.50% higher. Subject to credit approval. Conditions and limitations apply. Advertised rates and terms are subject to change without notice. Rates as of 11/11/15. Discount of .10 percentage point is for a new LightStream loan referred online by the National Timeshare Owners Association. Borrower must apply directly through this website, and with cookies activated on their browser, in order for this offer to be tracked and valid.