Flexible financing products.
Seamless sales integration.
Learn more about the solar financing products and platform that helped launch an industry.
Mosaic CHOICE Loan
For homeowners who want to add solar energy systems and/or battery storage to their home — and have the CHOICE to take advantage of the Federal Solar Investment Tax Credit to keep payments low for the life of the loan.
The Mosaic CHOICE Loan was designed for homeowners who want a consistently low solar financing payment because they plan to pay down at least 30% (potentially received by the Solar Investment Tax Credit or other funds) in the first 18 months to keep those payments low. After month 18, payments are adjusted lower if more than 30% has been paid, or higher if less than 30% is paid.
15 YEAR CHOICE LOAN REPAYMENT EXAMPLE:
A 15 year, fixed-rate, $30,000 CHOICE loan with a 7.99% APR would have 180 monthly payments of $213.93, assuming the borrower makes a 30% ($9,000) voluntary prepayment during the first 18 months of the loan term. Number of payments and monthly payment amount may vary based on disbursement date(s).
Annual Percentage Rate (APR) in the example includes a 0.50% interest rate reduction for borrowers who sign up for automatic payments. Interest Rate and monthly payments will increase if the borrower changes the payment method.
Mosaic PLUS Loan
For homeowners who want to add solar energy systems and/or battery storage — PLUS make non-solar improvements at the same time — like upgrading their HVAC, roofing, windows, doors and more.
The Mosaic PLUS Loan was designed for homeowners who want their monthly payments to remain the same without needing to pay extra funds during the re-amortization occurring at month 18. This is ideal for homeowners who don’t plan on receiving the Solar Investment Tax Credit, however, using extra funds to pay down the loan before month 18 will result in an adjusted lower monthly payment for the duration of the loan.
15 YEAR PLUS LOAN REPAYMENT EXAMPLE:
A 15 year, fixed-rate, $30,000 PLUS loan with a 7.99% APR would have 180 monthly payments of $291.92. Number of payments and monthly payment amount may vary based on disbursement date(s).
Annual Percentage Rate (APR) in the example includes a 0.50% interest rate reduction for borrowers who sign up for automatic payments. Interest Rate and monthly payments will increase if the borrower changes the payment method.
An approval process that delivers.
Total household income
Total household income can be used to qualify for solar loans.
Battery-only solar loans
Battery-only loans available, regardless of an existing solar loan.
Loans for projects on 2nd homes
Project loans available for second homes, vacation homes and rental properties.
Second solar loans
Battery-only, system-only or battery+solar are available for primary or second homes.
Soft credit check
Near-instant pre-qualification decisions with soft credit checks early in the process.*
Add re-roofing
Bundle up to half the amount of a solar loan for a new roof.
Daily funding
Next-day funding and staged funding to get paid faster.
Co-Applicant
Quickly run both applicants’ credit to close deals more efficiently.
*The soft credit check turns into a hard pull at loan origination.
Homeowners get the payment structure they want. You get the flexibility your business needs.
Mosaic CHOICE Loan Structure
Mosaic PLUS Loan Structure
A platform that works for you.
Access-from-anywhere application that breaks down the loan process step-by-step.
Financing trainings to help installers sell their best.
Consumer protections for contractor and homeowner peace of mind.
A personalized Partner Success Team to help installers meet business goals.
Powerful pipeline tools.
One easy-to-use platform.
Near-instant pre-qualification decisions from anywhere, on any device, powered by industry-leading API – that’s the Mosaic Portal.