Terms of Financing your Solar System with a Mosaic Loan
Effective Date: September 20, 2019
By using our Site and selecting the “Finance” option on our “ORDER NOW” page, you acknowledge that you have read and agree to the following terms:
Financed solar systems with SAVKAT are only available to customers who own their home and use it as a primary residence.
If you decide to Finance your solar system, as an Elite SunPower dealer SAVKAT offers a loan program through Mosaic. You will need to complete the required credit check, sent to you upon your deposit payment submission.
Just because you select the finance option on our “ORDER NOW” page does not mean that you qualify for the Mosaic SunPower loan program with SAVKAT. If your residential solar project is not viable, your deposit will be refunded in full.
Within 3 days of submmitting deposit, qualifying customers will sign a Mosaic Home Improvement Contract as well as a Lending Agreement for the solar system cost.
SunPower Mosaic Loan Products:
- 10-Year Loan ‐ 3.99% no lien
- 15-Year Loan ‐ 4.99% no lien
- 20-Year Loan ‐ 5.49% no lien
The cost represented in our “ORDER NOW” page is modeled after the 20-Year loan program and includes all applicable local incentives and rebates.