1. Can I finance a fractional interest in a vacation home using traditional financing techniques?
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| Not typically, but as an indication of the acceptance of the popular Private Residence Club model, many banks are now providing financing to qualified applicants who purchase a fractional interest in a Touchstone vacation home. Please contact your Sales Representative for more information | |
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2. How much of the purchase price of each fractional interest will I be able to finance?
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| Typically 65%. | |
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3. Will the bank lock in my interest rate?
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| In many cases - yes. They will give you the lowest rate available in the 12 months leading up to Final Closing. | |
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4. Can I use my own bank?
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| Absolutely. | |
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