If you are thinking about financing, we offer two easy and convenient payment options. You can get approved in less than 10 minutes.
Our loan options have many advantages over other funding options, including the following:
- Low, fixed interest rates. These rates are easily available to anyone with good credit.
- Unsecured. You don’t have to put up your house as collateral.
- Keeps your home equity intact. Reducing home equity takes away future options.
- No headaches. After all your hard work and planning, you’ve earned a quick, hassle-free loan experience, and you get a response within minutes.
You can re-apply after 30 days, or another member of the household can apply. Applicants must be listed as owners of the property.
No co-applicants are accepted at this time, but someone else in the household can apply if the original applicant is denied. Applicants must be listed as owners of the property.
In the credit approval process, you’ll be asked your individual “gross yearly income.” Please be as accurate as possible. If further clarification is required, you may be asked for “proof of income” through a W2 or a pay stub. (This verification only impacts a very small percentage of customers.)
60 days. You must sign your loan agreement within 60 days of receiving approval.
Home improvement financing through Mosaic dates are based on first payments to the partner. For roofing or windows/doors, we make our first payment to the partner as soon as the customer signs the contract.
If you pay off your loan before the promotional period end date, you don’t owe any interest. If you don’t pay off your loan prior to the promotional period end date, you are able to pay off the loan amount at any point and you’ll only pay for interest that has already accrued. Mosaic does not have any prepayment penalties.
If the balance of the loan is paid in full by the promotional period end date listed on your monthly statement, you owe no interest. If the loan balance is not paid in full by the promotional period end date, you owe the amount of accrued interest on your most recent monthly statement, and you will have to start making monthly payments on your loan.
You can pay off the loan amount at any point and you’ll only pay for interest that has already accrued. Mosaic does not have any prepayment penalties.