We just used Monera for our recent HH purchase. Brad and Angie have been great to deal with. Answered all questions promptly, quick with paperwork, and wired funds for closing the exact day they were required.
We had a few properties that were "dead deals" either from ROFR or owners backing out , and Brad sent "Commitment to Finance" letters for every single deal the day I requested them.
Talked to Brad for a few minutes about the process, and he said that because the Disney DVC holds its value SO WELL , that they dont even need to check credit. They have faith in DVC value that they dont see a credit check as an issue. You dont pay ......... they get the contract. Pretty simple business model .
They have a very specific computer program on how much deposit is needed for the resort you are purchasing , how many points , and what percentage rate you want. Some resorts do require a lot more deposit than others ............usually the 2042 ones.
They are listed on the mortgage as lien holder, so they are in a win-win situation. They either make money on the financing end, or they get the property if you dont pay (to resell it at a large profit since the owner has already invested a large amount of money in the deposit, closing costs and payments to date.) . They do require a direct deposit of funds every month right out of your checking account until loan termination.
We just used them for a short term loan, and will be paying it off early, since there are no early pay off penalties . It was convenient.
They do charge a $149. fee for the loan origination though .
All in all it was a quick, easy process. Much easier than the REST of the DVC resale buying experience. Monera was the easiest part of the process !
I can recommend Monera .
Good luck !