The "Timeshare Mortgage" Trap
Why timeshare loans are designed to keep you in debt forever
High Interest Rates (10-18% range)
Most timeshare loans have interest rates similar to credit cards, meaning you pay double the purchase price over a 10-year term.
Perpetual Maintenance Fees
Even while paying off the loan, you must pay maintenance fees that increase every year. It's a double financial burden.
Negative Equity Trap
You cannot sell a timeshare with a loan balance. Since timeshares lose value instantly, you are trapped in 'underwater' debt.
Predatory Lending Tactics
Many owners were rushed through closing without time to read loan documents, or told refinancing would be easy (it rare is).
How We Eliminate Timeshare Mortgage Debt
We work to legally unbundle your mortgage contract from the timeshare deed, often resulting in debt forgiveness.
Leverage state and federal consumer protection laws (TILA, ECOA) to invalidate predatory lending contracts.
Our process is designed to protect your credit score while resolving the outstanding timeshare debt.
Common Questions About Timeshare Loans
Can I refinance a timeshare loan?
It is extremely difficult. Traditional banks rarely refinance timeshare loans because the underlying asset (the timeshare) has virtually zero resale value. Most owners are stuck with the developer's high-interest rate unless they exit the contract entirely.
Does the "mortgage cancellation" hurt my credit?
Our goal is to protect your credit. We negotiate a mutual release where the debt is forgiven or settled. We advise you on how to handle payments during the process to minimize or eliminate negative credit reporting.
What if I owe more than the timeshare is worth?
Almost everyone owes more than the timeshare is worth, because timeshare resale value is near zero. Being "underwater" is the primary reason people need professional exit services. We help regardless of the loan balance.