Episode 162: Timeshares. The Emotional Trap, the Real Math & What It Means for Your Mortgage
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Episode 162: Timeshares. The Emotional Trap, the Real Math & What It Means for Your Mortgage
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This week we’re recording from Mexico and talking about the one topic nearly everyone has an opinion on: timeshares.
Are they worth it? Are they ever a smart financial move? Do they actually save you money on vacations? And most importantly… How do they affect your mortgage and credit?
In this candid episode, we share:
• Why timeshares prey on emotions
• The “exclusivity” lie
• The hidden financing trap (16%+ interest!)
• Why timeshare debt counts as a mortgage
• And how most owners lose money on resale
If you’ve ever been approached on vacation, this episode is your lifeline.
🎙 Loans Elevated Podcast
Clear, strategic conversations on mortgages, real estate, and home financing — designed to help you make confident, informed decisions without the hype.
Hosted by Loans Elevated, presented by The Lassig Team at CrossCountry Mortgage.
🔗 Resources & links: https://lassigteam.com
📲 Follow us on Instagram & Facebook: @loanselevated
Hosts:
Broch Lassig - Branch Manager | NMLS 340314
TJ Heidenreich - Sales Manager | NMLS 1802412
Ryan King - Loan Officer | NMLS 1870771
Branch NMLS 2048956
Equal Housing Opportunity.
All loans subject to underwriting approval. Certain restrictions may apply.
CrossCountry Mortgage, LLC | NMLS 3029
www.nmlsconsumeraccess.org
This podcast is for educational purposes only and does not constitute financial, legal, or tax advice. Consult a qualified professional regarding your individual situation.