Homeowners today have more options to pay for their home improvements than ever. As a result, they’re increasingly looking beyond traditional home equity loans and HELOCs to financing alternatives that are faster, smarter, or offer other advantages.
Mosaic Blog
At Mosaic, our vision of 100% clean energy for all first led us to build an industry-leading platform for home solar financing - and now we’re going beyond that to connect homeowners with financing for modern, energy-efficient home improvements. That combination of solar and energy efficiency is also at the heart of what the Department of Energy calls “Zero Energy Buildings,”, defined as “an energy-efficient building where, on a source energy basis, the actual annual delivered energy is less than or equal to the on-site renewable exported energy.”
The Earth’s climate is changing. 97 percent of climate scientists agree that global warming trends are clear and “extremely likely” due to human activities, most prominently the rising emissions of carbon dioxide (CO2) from the burning of fossil fuels. CO2 is a powerful greenhouse gas that blocks heat from escaping into the atmosphere, and the dramatic increase in our use of carbonaceous fossil fuels like coal and oil since the 19th century has increased atmospheric concentrations of CO2 from 280 to over 400 parts per million (ppm) – enough to impact the climate of the entire planet…
Solar panels and energy efficient home improvements can reduce your energy bills, but the benefits don’t stop there. You’re also creating public benefits such as reducing pollution and supporting jobs - which helps to explain why many state and local governments offer incentives for these energy-smart home upgrades.
Innovation has always been at the core of Mosaic’s identity. Founded as as solar crowdfunding startup, we went on to build the leading platform for home solar loans in America - and now we’re bringing game-changing speed and simplicity to home improvement financing, with innovations like our new home improvement loan mobile app for pro contractors.
Unless they have a lot of cash on hand, most Americans rely on financing for the big-ticket purchases in life. That includes major investments like houses, cars - and, now, solar panels. But, while home mortgages and auto loans are familiar territory for many households, sorting through financing options for solar can seem daunting.
Residential storage is already a fast-growing part of Mosaic’s business, as we’ve expanded our industry-leading solar financing platform to cover batteries too (learn more about our solar + storage loan product here). That’s why we’re thrilled that California has also decided to make a long-term commitment to this critical clean energy technology, with a massive incentive program that could help make batteries just as ubiquitous as solar in the Golden State…
Based in Dover, New Hampshire, Barrett Miles and his fiancée recently became first-time homeowners. And since Barrett is also Mosaic’s Partner Account Manager on the east coast, you might not be surprised to hear that going solar - with a Mosaic solar loan, of course - was very high on their list of ‘to dos’ after moving in. Of course, getting smart about energy use means going beyond solar - you need to look at the consumption side as well, especially in a drafty old New England house that depends on expensive fuel oil for heating and hot water…
Let’s face it: home improvement projects are personal. That kitchen remodel isn’t just because you’ve got a thing for quartzite - it’s about creating a place to connect with and nourish your family. And the insulation and double-paned windows you’re putting in aren’t just about saving money on your energy bills - it’s about building a more sustainable world, starting at home.
Togetherness is key to one of our favorite values: Teamwork is the Dreamwork. We’re trying to build a better world, one home at a time; it’s a dream job, but it’s a big one! Great work can’t be done alone, so we make sure to always trust each other and build honest relationships.